Oil firm Statoil did not respect International Financial Reporting Standards (IFRS) on three points when it reported its 2012 accounts, according to the Nordic country's financial watchdog,
Ocean carriers were unable to increase freight rates between the Mediterranean and North America from November to January due to continuing poor vessel utilisation and the approaching threat of P3,
Power and automation technology group, ABB, informs it has won three orders worth $60 million for internal and external telecommunication systems for three Statoil
U.S. crude stocks likely rose 2.2 mln barrels last week.
By Manash Goswami
Brent futures were steady on Tuesday and held above $108 a barrel as a worsening
Bad weather has delayed by one day the joint naval exercise of U.S., Bulgarian and Romanian naval forces in the Black Sea, a statement by the Bulgarian defence ministry said on Tuesday.
The ICC International Maritime Bureau is asking ships to be extra vigilant when transiting West Africa as piracy in the region becomes a growing concern.
Since the beginning of the year,