South American Grain Continues to Support Panamax Rates, Capesize Ships Take Another Hit
By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed
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By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed
By Chijioke Ohuocha LAGOS, March 21 (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) will sign agreements this week with South Korea’s
By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,
By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing
COTONOU, March 20 (Reuters) – Nearly two dozen West and Central African nations have pledged to combat the growing threat of piracy and maritime crime in
By Jonathan Saul and Asma Alsharif LONDON/CAIRO, March 20 (Reuters) – When it raises tolls in May, Egypt’s Suez Canal Authority will know that fuel
CALABAR, Nigeria, March 19 (Reuters) – At least 45 people died when a wooden boat carrying 166 people from southeastern Nigeria capsized off the coast, a
FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of
CALGARY, Alberta, March 18 (Reuters) – Canada’s government will examine strengthening oil tanker safety, including introducing new laws and
By Jonathan Saul LONDON, March 18 (Reuters) – Iran’s NITC has replaced Hamid Behbahani, a former minister and ally of President Mahmoud
DUBAI, March 17 (Reuters) – National Shipping Co of Saudi Arabia (Bahri) is considering a debut Islamic bond issue to help refinance debt taken on for
By Phil Wahba March 15 (Reuters) – Cruise operator Carnival Corp, grappling with a series of recent headline-grabbing mishaps involving its ships, said
By Sarah Mahoney PORTLAND, Maine, March 15 (Reuters) – A civilian painter who twice set fires on a U.S. Navy nuclear submarine last year so that he could
By Alister Bull WASHINGTON, March 14 (Reuters) – The United States slapped financial sanctions on Thursday on a Greek businessman it says secretly
By Colleen Jenkins and Phil Wahba March 14 (Reuters) – A Carnival Cruise Lines ship with 5,600 passengers and crew was stuck at a Caribbean port with
By Randy Fabi JAKARTA, March 14 (Reuters) – Indonesia’s leading oil and gas shipper PT Berlian Laju Tanker reached a deal with creditors to
NEW DELHI (Reuters) – India summoned the Italian ambassador on Tuesday to protest Rome’s decision not to send two marines charged with killing
By Jane Sutton MIAMI BEACH, Fla., March 12 (Reuters) – Carnival Corp has launched a comprehensive review of its entire fleet after a fire crippled one of
COPENHAGEN, March 12 (Reuters) – The world’s biggest container shipping company Maersk Line and its rivals are expected to fail in an attempt on
ROME, March 11 (Reuters) – Two Italian marines charged in India with killing two fishermen while on anti-piracy duty will not return there from a home
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