Reuters

By Yimou Lee and Rujun Shen HONG KONG/SINGAPORE, July 2 (Reuters) – China’s largest shipping group, China Ocean Shipping (Group) Co (COSCO Group)

Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions over the country's disputed nuclear programme came into effect on Monday,

By Fredrik Dahl VIENNA, June 30 (Reuters) – The top U.S. energy official said he believed the oil market could cope with any further reduction of

June 28 (Reuters) – Shipping company Ardmore Shipping Corp filed with U.S. regulators to raise up to $160 million in an initial public offering of common

The outlook for the drybulk shipping market is brightening after a stormy four years, but only those shippers that managed to avoid getting swamped by debt are

Owners of large ships using EU ports will have to measure and report annual carbon dioxide (CO2) emissions from January 2018 under proposals the European

ExxonMobil has taken a long-term charter on the U.S.-flagged American Phoenix oil tanker at a near record rate of around $100,000 per

Growing turmoil in Egypt is threatening to disrupt shipments through the Suez Canal and increase the costs for shipping lines as Cairo's cash-strapped

The U.S. Senate on Thursday voted 100-0 to approve Charlotte, N.C., Mayor Anthony Foxx to head the U.S. Transportation Department, handing him the job as tight

West and central African nations have agreed to create a regional centre for coordinating the fight against a sharp rise in piracy in the Gulf of Guinea that

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a

By Michele Kambas NICOSIA, June 26 (Reuters) – Aiming for energy hub status and hoping to reboot an economy hobbled by a debt bailout – Cyprus

Rising water on the Mississippi River will force the U.S. Army Corps of Engineers to close numerous locks on the major shipping waterway for the second time

Carnival Corp. said Micky Arison will step down as chief executive officer after 34 years as the company splits the CEO and chairman

The mysterious Chinese businessman behind a $40 billion plan to build a canal through Nicaragua pledged transparency on Tuesday -- but refused to reveal where

Europe's cruise lines managed to eke out growth in 2012 despite a difficult economy and lingering memories of the Costa Concordia disaster, luring new

Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the

By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the

DUBAI, June 23 (Reuters) – Gulftainer Co Ltd, the United Arab Emirates’ second-largest port operator, said on Sunday it had acquired a 51 percent

By Melissa Akin and Denis Pinchuk ST PETERSBURG, Russia, June 21 (Reuters) – Gazprom is ready to take on potential Russian and Australian rivals for