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Saudis, Iran dash hopes for OPEC oil deal in Algeria

Algiers - Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and Tehran remained too wide.

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Small boats take on big ships in Venice protest

Venice - In 2013, legislation was brought in banning the largest ships of more than 96,000 tonnes from crossing the Giudecca canal.

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ESPO Award 2016, dhortlist puts the ports of Bremen, Cartagena, Dunkirk, Riga

Brussels - The projects of the ports of Bremen, Cartagena, Dunkirk, Guadeloupe and Riga have been shortlisted for the eighth European Sea Ports Organisation (ESPO) Award on Societal Integration of Port.

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On the Majestic Maersk, mega-ship dreams obscure cloudy future for shipping

London - As of this spring, 7.4 percent of container ships worldwide have been idle, according to shipping industry data provider Alphaliner.

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Outlook for Vard Holdings remains dim

Singapore - Vard has been diversifying away from the oil and gas sector to boost orderbook but OCBC Investment Research warns client restructuring remains a hassle. VARD Holdings has been hit hard by the downturn in oil prices

Hollande confirms Calais migrant camp shutdown, urges UK help
Sonagol deepens DSME’s liquidity woes

Sonagol deepens DSME’s liquidity woes

Dubai - Concerns were growing again Monday over liquidity woes of Daewoo Shipbuilding and Marine Engineering, as the Angolan state-run company is likely to delay the takeover of its drill ships once again. The shipbuilder was planning to deliver the two drill ships to oil company Sonangol

U.S., Russia trade blows over Syria

U.S., Russia trade blows over Syria

Amman - The United States accused Russia of “barbarism” in Syria on Sunday as warplanes supporting Syrian government forces pounded Aleppo and Moscow said ending the civil war was almost “impossible”. A diplomatic solution to the fighting looked unlikely as U.S. and Russian diplomats disagreed at a U.N. meeting

Nigerian shipping lines sell off assets to pay debt
Hanjin Group chief to voluntarily appear at parliamentary hearing