Reuters

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to

An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 24.6 percent last

Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to four international

China Ocean Shipping Group Co (COSCO) returned to profit in 2014 after three years of losses, state media said on

Inspired by an upturn in shipping markets after one of the worst sector downturns on record, a batch of oil tanker companies are looking to raise capital

Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms

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"The fall in oil prices, the expected reduction in global oil and gas upstream spending and the projected oversupply of oil rigs has created a challenging

Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million barrels last

A new satellite tracking system launched on Wednesday aims to crack down on the industrial-scale theft known as "pirate

BRUSSELS (Reuters) – Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock

Thai dry bulk carrier Thoresen Thai Agencies Pcl said on Tuesday it planned to raise about 7.3 billion baht ($223.2 million) by offering new shares via a

Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public

he United Arab Emirates oil minister said on Monday that the drop in oil prices was unlikely to last for long and that the country would not alter its energy

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from

For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a

Ghana's navy has freed a tanker ship hijacked off the coast of Nigeria and arrested eight pirates believed to be responsible for seizing it, a military

Chinese authorities have confirmed that 21 people were killed and one was missing after a tug boat undergoing sea trials sank in the Yangtze River, the

Volvo Ocean Race's six-strong fleet enters one of the most hazardous phases of the nine-month, round-the-world event in the next 24 hours when it will reach