The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell "Jag Ravi", a Handymax dry bulk carrier. The 1997 built

The Cabinet approved the proposal to allow Steel Authority of India (SAIL) and Rashtriya Ispat Nigam Limited (RINL) to undertake direct

With the continued depression of newbuilding prices, especially for bulk carriers, LNG ships and the large sized offshore equipment market will be

The Port of Felixstowe is celebrating after winning the 'Best Container Terminal in Europe' Award at the 27th Annual Asian Freight & Supply Chain Awards

A regional planning and building commission approved last week a four-billion-shekel plan for building the Haifa Bay Port - HaMifratz Port. The project

Saudi Arabia, Kuwait, and Venezuela reduced crude oil exports in March from the previous month while West African members of the

According to the data released by Argentina's chamber of steel, in the first four months of this year Argentina's crude steel production totaled

The Zhengzhou Commodity Exchange (ZCE), one of China's three futures exchanges, may introduce trading of thermal coal futures later than

According to Peru's Energy and Mining Ministry, in March this year, iron ore production in Peru amounted to 687,050 long tonnes increasing 20% compared

The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal

Managing Director of the National Iranian Oil Products Distribution Company (NIOPDC) says Iran plans to increase the volume of its oil products swap

Some $16 billion will be invested in Iran’s South Pars gas field in the current Iranian calendar year, Pars Oil and Gas Company Managing Director Mohammad-Reza Zohairi said.  

The first commercial oil production in the history of Afghanistan is expected to be launched in northern Afghanistan within the next two

The Pakistan State Oil’s (PSO) efforts to set up state-of-the-art oil refinery in Khyber Pakhtunkhwa, having capacity to process 40,000 barrel per day would go a long way

Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. A gauge of future economic activity

The pound climbed from a six-week low versus the dollar after a report showed U.K. home sellers raised asking prices for a fifth consecutive

The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said. "We are seeing

Standard & Poor's maintained its negative outlook on India's 'BBB-' rating, indicating at least a one-in-three chance of a downgrade within the next twelve months.