News

MOSCOW, Sept 28 (Reuters) – Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion

STOCKHOLM, Sept 28 (Reuters) – Estonia, Sweden and Finland will look into fresh evidence on the sinking of the ferry Estonia, which went down 26 years

ATHENS, Sept 28 (Reuters) – A cruise ship carrying about 920 passengers and sailing off the Greek island of Milos was likely to dock at Piraeus port

PANAMA CITY, Sept 25 (Reuters) – The Panama Canal Authority said it won an arbitration ruling on Friday for $265 million to be returned to it from the

By Lars Erik Taraldsen (Bloomberg) — Norway’s Prime Minister Erna Solberg warned of a humanitarian and trade crisis if the roughly 800,000 seafarers

NEWPORT NEWS, Va., Sept 25 (Reuters) – U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North

The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major

SINGAPORE, Sept 25 (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on

The Government of Canada will provide CAD $320 million (USD $238 million) to support offshore oil and gas industry jobs in Newfoundland and Labrador amid the

Louisiana-based shipbuilder Metal Shark is marking its entry into the recreational yacht market with the introduction of a new 48-meter aluminum hull

By K. Oanh Ha and Jack Wittels (Bloomberg) — The world’s largest container shipping companies and the United Nations Secretary-General are appealing to

By Lisa Baertlein LOS ANGELES, Sept 25 (Reuters) – The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million

By Kyunghee Park (Bloomberg) — An online home shopping boom in the U.S. has sent transpacific sea freight rates to the highest on record, helping the

By Christopher Yasiejko (Bloomberg) –Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the

OSLO, Sept 24 (Reuters) – A sharp rise in the deployment of carbon capture, utilization and storage (CCUS) technology is needed globally if countries are

Sept 24 (Reuters) – The Baltic Exchange’s main sea freight index jumped to a more than two-month high on Thursday as strong iron-ore shipments out

By Waruna Karunatilake and Nidhi Verma COLOMBO/NEW DELHI, Sept 24 (Reuters) – The owners the New Diamond supertanker which caught fire with a cargo of

By Michelle Nichols NEW YORK, Sept 23 (Reuters) – Saudi Arabia warned the U.N. Security Council on Wednesday that an “oil spot” had been seen

By K. Oanh Ha (Bloomberg) –Unilever Plc and Procter & Gamble Co. are among consumer companies urging world leaders to resolve the plight of more than

Shipments of iron ore transported by the U.S.-flag Great Lakes fleet fell more than 40 percent last month compared to a year ago, according to new figures