Novorossiisk bunker fuel falls amid lower domestic and Turkish prices

Bunker fuel at the Russian Black Sea port of Novorossiisk tumbled Monday, amid pressure from the domestic fuel...

Turkish import scrap moves sideways, offer levels firming

A European cargo kicked off the week for European scrap imports on Monday, showing some ambiguity in quality pricing spreads, but generally agreed by the market to be a reflection of stability.

RBS ‘looks to sell Turkish loans in latest bid to exit shipping’

Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, in the latest move by the state-backed bank to exit this troubled sector and cut overall losses through asset sales, two sources told Reuters.

Cosco Pacific and China Merchants complete acquisition of Turkish container terminal

China Merchants Group has announced that together with Cosco Group it has signed a share transfer agreement with...

Turkish general cargo vessel shelled off Libya, one dead

Turkish general cargo vessel Tuna 1 was shelled by artillery 13 nm off Tobruk, Libya, killing its third officer, a Turkish national. ...

Turkish steelmakers book five Handysize scrap cargoes; prices stabilize

Turkish steel mills booked at least five deep-sea Handysize cargoes of ferrous scrap this week from the US East...

Turkish investors eye ports on other side of the Aegean Sea

Privatization of ports and marinas, along with the railway system and energy grids, constitutes a large part of ...