News

By Can Sezer ISTANBUL, July 10 (Reuters) – NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily

By Kyunghee Park, Daniela Wei and Shawna Kwan (Bloomberg) — China is the new leader of shipping trade to the Americas. State-owned Cosco Shipping

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward

By Brenda Goh and Matthew Miller SHANGHAI/BEIJING, July 9 (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd

By Greg Torode HONG KONG, July 7 (Reuters) – China‘s first aircraft carrier sailed into Hong Kong waters on Friday, its latest show of growing

By Jessica Shankleman (Bloomberg) — Fresh from a $5.25 billion, nine-year expansion that’s upending decades-old trade routes, it turns out

By Anna Hirtenstein (Bloomberg) — The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed

SHANGHAI, July 7 (Reuters) – Maersk on Friday said it was too early to predict the financial impact on its second- and third-quarter results from a cyber

SHANGHAI, July 6 (Reuters) – China’s COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half,

BOGOTA, July 5 (Reuters) – Colombia is making progress towards salvaging a Spanish galleon carrying jewels and coins that sank more than 300 years ago,

The second quarter of 2017 saw a continuing decline in the number of reported incidents of maritime piracy and armed robbery against ships, according to

  By Mohammed Aly Sergie, Anna Shiryaevskaya and Kelly Gilblom (Bloomberg) — Qatar just undermined Australia’s efforts to overtake it as

PARIS, July 3 (Reuters) – French container shipping firm CMA CGM said on Monday it had agreed to sell a 90 percent stake in a Los Angeles terminal to

COPENHAGEN, July 3 (Reuters) – Danish shipping giant A.P. Moller-Maersk said it has restored its major applications, as it brings its IT systems back

By Pierre Savary (Reuters) An oil tanker and a cargo ship collided in the Channel east of the British port of Dover early on Saturday, but no injuries or

By Patricia Zengerle WASHINGTON, June 30 (Reuters) – President Donald Trump’s administration has dropped plans for an executive order that will

By Ryan Collins (Bloomberg) — If there’s one thing that became clear during the White House’s “Energy Week,” it’s that South Korea is really,

COPENHAGEN, June 30 (Reuters) – Danish shipping giant A.P. Moller-Maersk expects client-facing operations to return to normal by Monday and is resuming

Norwegian oil and gas company Statoil has been assigned the task of developing a carbon storage facility offshore Norway, in what could be the world’s

The United States’ National Transportation Safety Board has issued 10 safety recommendations aimed at enhancing the availability of weather information