Japan P&I Club to Resume Ship Insurance For Iranian Oil Imports
TOKYO, Jan 16 (Reuters) – Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief
Reuters is a global news organization providing reporting on business, geopolitics, energy, trade, regulation, and financial markets. gCaptain publishes select Reuters coverage under a syndication license for maritime and offshore audiences. Reuters stories on gCaptain are clearly labeled and may be edited for house style, formatting, and headline clarity without changing the underlying reporting.
TOKYO, Jan 16 (Reuters) – Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief
The Israel Corp holding company is set to lose control of shipping company Zim under the terms of a bailout agreement being negotiated with Zim's creditors,
Chinese operational inexperience and communications difficulties on both sides contributed to a near-collision between the USS Cowpens and a Chinese warship in
he Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, marking its first gain this year,
Reuters Commodities and Energy Senior Market Analyst, John Kemp, questions the effectiveness of the Jones Act in today's modern
Diesel from the new Jubail refinery in Saudi Arabia will head to Europe for the first time this month, piling pressure on refineries already battered by huge
Clean tanker rates on major export routes were mostly lower on Monday while firmer bookings helping to lift the transatlantic market to its highest level in
The Baltic's capesize index dropped 11.61 percent, shedding 244 points to
German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper
Japan will lend Mozambique 70 billion yen ($672 million) over five years, Prime Minister Shinzo Abe said on Sunday, as the Asian nation seeks to secure access
Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574 million in guarantees and advance payments if a
U.S. mining giant Freeport McMoRan Copper and Gold Inc halted its copper exports from Indonesia, less than an hour before a controversial mineral export ban
The Italian government will go through with plans to sell a minority stake in Fincantieri within the next few months, the chairman of the state-owned
Thirty massive tanks filled with air will lift the hulk of the Costa Concordia off the seabed in June so it can be towed away from the Italian island of Giglio
Japan's anti-trust regulator is likely to fine Nippon Yusen KK and three other shipping companies a total of around 22 billion yen ($210 million) for
Rolls-Royce made a takeover approach to Finnish ship and power plant engine maker Wartsila but the talks ended without a deal, the two companies said on
LIBYA'S PREMIER ZEIDAN SAYS ANY OIL TANKERS TRYING TO LOAD CRUDE AT SEIZED PORTS MUST STOP OR THEY WILL BE
Royal Dutch Shell, Austria's OMV and Japan's Mitsui will drill an exploration well off New Zealand's southeast coast, becoming the latest group to search for
State-owned China National Offshore Oil Corp (CNOOC), leader of the country's liquefied natural gas import business, plans another receiving terminal in the
Dubai's Gulf Navigation received shareholder backing to continue operating as well as approval for measures aimed at fixing its long-standing debt problems,
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up