DP World Continues Divestment Streak, Exits Hong Kong
By Dinesh Nair DUBAI (Reuters) – Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for
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.
By Dinesh Nair DUBAI (Reuters) – Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for
March 6 (Reuters) – DryShips Inc reported a bigger-than-expected quarterly loss as voyage revenue in its drybulk carriers business fell. Shares of
By Oleg Vukmanovic and Joyce Lee LONDON/SEOUL, March 6 (Reuters) – South Korean shipbuilder Samsung Heavy Industries on Wednesday cancelled a $2.39
COPENHAGEN, March 6 (Reuters) – Danish shipping company Norden on Wednesday reported a slim fourth quarter operating profit but said it expected markets
By James Regan and Benjamin Mallet PARIS, March 6 (Reuters) – France’s Bourbon SA, which supplies ships for the oil and gas industry, sees
By Henning Gloystein and Jonathan Saul LONDON, March 5 (Reuters) – North European ports are leading a switch to natural gas as a cleaner way to power
By Environment Correspondent Deborah Zabarenko WASHINGTON (Reuters) – The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well
By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal
By Jonathan Saul LONDON, March 4 (Reuters) – Archer Daniels Midland Co unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last
A child stands at the door of a shipping container serving as his accommodation, in Shanghai March 4, 2013. The containers, which house different families,
By Jonathan Saul LONDON, Mar 1 (Reuters) – Cargill made its first grain shipment using an electronic freight document this week as the U.S. agribusiness
By Nidhi Verma NEW DELHI (Reuters) – India’s Mercator Lines has stopped offering a ship for transporting Iranian oil to India due to U.S. political
Large cranes arrive on board a transport ship at a global shipping port being constructed in Stanford-le-Hope near London March 1, 2013. Three of the five
By Ari Rabinovitch JERUSALEM (Reuters) – The latest floating terminal technology could be the key to unlocking gas exports from Israel’s Tamar
(Reuters) – Ship owner Capital Product Partners LP said it would continue to lease three of its product tankers to Overseas Shipholding Group Inc, which
By Abdi Sheikh MOGADISHU (Reuters) – Somali President Hassan Sheikh Mohamud has granted an amnesty to hundreds of young Somali pirates to reduce the
By Balazs Koranyi OSLO (Reuters) – Offshore oil driller Seadrill expects to resolve operational problems this year, it said on Thursday, and predicted
By Emma Farge and Dmitry Zhdannikov GENEVA, Feb 28 (Reuters) – Vitol, the world’s biggest oil trader, reported revenues that topped $300 billion
By Jonathan Allen NEW YORK (Reuters) – Australian mining entrepreneur Clive Palmer on Tuesday unveiled blueprints for Titanic II, a modern replica of the
By Yereth Rosen ANCHORAGE, Alaska, Feb 27 (Reuters) – Royal Dutch Shell Plc will not drill for oil in Alaska’s Arctic seas this year, the company
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