Asia Fuel Oil-Cash premium of 380-cst holds firm

Asia’s 380-centistoke (cst) fuel oil cash premium to Singapore quotes rose to $2.10 on Monday on firm...

Tanker firm Frontline says no longer pursuing DHT or other acquisitions

Oslo-listed oil tanker firm Frontline is no longer pursuing a takeover of New York-listed competitor DHT Holdings...

Tanker firm Frontline drops DHT pursuit and steers away from deals

Oslo-listed oil tanker firm Frontline has abandoned its pursuit of New York-listed rival DHT Holdings and is not...

Baltic index rises as key vessel rates firm

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose...

Tanker firm Frontline expects rise in storage of oil on vessels

Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers...

Shipping firm CMA CGM upbeat as profits rise again

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.

Chinese iron ore futures firm, sector remains under pressure

Chinese iron ore futures were firmer on Tuesday, but remained under pressure from concerns demand is slowing in the world’s biggest market for industrial materials.