Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier

The recurring boom and bust problem of over-ordering and over-leveraged shipping companies will continue to plague the market and

Hyundai Mipo Dockyard Co., a South Korean shipbuilder, said that it has recently clinched a combined US$300 million worth of orders to build 10 vessels, including seven chemical carriers.

Argentine port workers ended a four-day-old strike on Thursday, their labor union said, setting the stage for resumption of crucial soy and corn exports from the South American

The amount of sugar awaiting loading at ports in top producer Brazil rose 30 percent in a week as vessels head for China, Indonesia, Algeria

To improve the competitiveness of Kaohsiung port amid intense competition, the Taiwan International Ports Corporation has decided to expand the

Vitol Group bought its third North Sea Forties crude cargo for loading in June at a lower price than the previous trade. No bids or offers

India's MRPL has bought 600,000 barrels of Omani crude oil from trader Vitol for lifting in the first half of July, two sources with knowledge of the

The Organization of Petroleum Exporting Countries will keep crude shipments little changed into early next month as abundant inventories

Global energy and commodity price reporting agency Argus and business information provider IHS McCloskey Coal announced a major

The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 40 cents to $93.85 per barrel at late

Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, fell for the first time in four weeks, according to a unit

Iraq has earned some $7.764 billion from oil sales in April, compared with $7.772 billion earned the previous month, the

International Oil Companies (IOCs) have projected an investment initiative plan valued at $165 billion in the next five years. The investment will go into

Asian shares traded erratically Friday but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese

The euro strengthened for a second day against the dollar after an industry report showed German business confidence unexpectedly

France should continue its efforts to cut its budget deficit and not endanger the credibility of euro-zone rules by delaying budget consolidation,

A Latin American bloc that includes Colombia, Mexico, Peru and Chile agreed to eliminate tariffs on most goods to promote free trade between