Saudi shakeup could put the geopolitical risk premium back in oil prices: Analyst

Saudi Arabia’s newly named Crown Prince Mohammed bin Salman is unlikely to make changes to oil production...

DryShips’ Economou “Glad To Have To Put 2016 behind us” as Company Reports Financial Results

DryShips Inc., or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced its unaudited financial and operating results for the quarter ended December 31, 2016.

Higher Oil Prices Put Smiles on the Faces of Energy Executives at Davos

A recovery in oil prices has cheered energy-industry leaders gathered this week for the annual meeting of the World Economic Forum, with many confident that demand is finally better matched with supply after a two-year price collapse.

Korean Shipbuilders Put to Test about Receiving Fair Prices

It is now known that Samsung Heavy Industries has virtually won the Coral Project, a US$2.5 billion offshore plant project. The Shipbuilding and Offshore Plant Information Center set up by Korea EXIM Bank among others are reviewing the project for the iss

Maersk Ready to Buy Greek Ports Put Up for Sale in Tsipras Plan

A.P. Moeller-Maersk A/S wants to buy Greece’s two biggest ports after Prime Minister Alexis Tsipras put them up for sale in his proposal of budget-enhancing measures submitted to creditors.

China's warehousing put under microscope after scam discovered

A FRAUD investigation into metal financing at the world's seventh-busiest port has prompted banks and trading ...