Dry Bulk: Wisdom Marine expects earnings boost from contract renewals in second half

Wisdom Marine Group ,one of the nation’s largest dry bulk shipping companies by fleet size, yesterday gave ...

Cyprus aims to boost maritime fleet in 2017

The government of Cyprus plans to strengthen its maritime position as the eleventh biggest fleet in the world and the third in the EU after Greece and Malta, by identifying new shipping markets and ship types within 2017, President Nicos Anastasiades decl

South Korea headed for LNG import boost after election

Whatever the election result, South Korea is likely to see a boost in LNG imports at the expense of coal-fired and nuclear power generation capacity as major candidates’ top pledges remain focused on addressing public concerns over worsening air pollution

OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles

OPEC’s plan to boost oil prices by cutting production has fizzled, yet it has little choice but to stick with it.

WTO deal to cut red tape comes into force, promising global economy boost

A global agreement to boost trade by cutting red tape and streamlining border checks came into force on Wednesday, promising a 0.5 percent lift to the world economy by 2030 even as it faces renewed protectionism from the United States.

Russia to boost Urals exports in first half despite cutting oil output with OPEC

Russia is set to post higher exports of Urals crude for the first half of this year despite cutting oil production ahead of schedule under a deal with OPEC aimed at boosting prices.

OPEC output cuts boost appeal of light crude, but market yet to respond: Russell

One of the consequences of the cuts to crude oil supply by OPEC and its allies has been the sharp narrowing of the premium that light crude commands over heavier grades.