MISC Bhd, one of the world's leading international shipping and maritime conglomerate, is optimistic of recording better earnings and emerging stronger this year,

Broker and consultants Nor-Ocean Offshore says the spot market for PSVs in the North Sea has been "very strong recently." The PSV spot has

Germany-based shipowner Conti Reederei has placed an order to build up to eight 63,800 dwt dry bulk carriers at China-based Jiangsu Hantong

APM Terminals Bahrain,(APMT) the operators of the state-of-the-art Khalifa bin Salman Port, (KBSP), welcomed the largest container

China Merchants Holdings (International) is keen on expanding overseas, and expects foreign projects to account for 30% of revenues in the future, up from the current

Japan's imports of crude oil and condensate in May rose 0.7% compared with a year earlier to 16.7 million kiloliters, or 3.39 million barrels a day, the Ministry of Finance said.

Total SA (FP) bought North Sea Forties crude within the same price range as previous trades. No bids or offers were made for Russian

Iraq’s Kurds will start exporting crude by pipeline “very soon” after the completion of a new link to the Turkish border by the end

China steel prices have dropped in spite of decreasing global output and easing oversupply, according to an article on the website of China Iron & Steel Association. The

Gold and silver futures have been pals for sometime now; strictly speaking, that was the case well until April when both commodities

Oil prices fell Thursday, a day after the Federal Reserve indicated it could begin to wind down its massive stimulus program later this year, as long as

Kuwait's acting oil minister said yesterday current oil prices were "fair" and that the Gulf Arab state was producing around 3 million barrels of crude per day.

Cyprus approved a provisional deal with Texas-based Noble Energy Inc. (NBL) and two Israeli companies for the construction of an

Markets were roiled Thursday by a suggestion from U.S. Federal Reserve chairman Ben Bernanke that the central bank may be done with its monetary stimulus next year. While stocks

The dollar strengthened the most in six weeks against the yen after Federal Reserve Chairman Ben S. Bernanke flagged the case for

The US Federal Reserve has maintained the rate of its asset purchase programme at $85bn (£54bn) a month, aimed at boosting the economy.

China's cabinet said policymakers will maintain a "prudent" monetary policy, and pledged to be on alert against financial risk. Authorities will

China’s interest-rate traders are the most pessimistic on economic growth in 21 months, as Fitch Ratings says policy makers are focused