Frontline signaled optimism over its planned merger with rival Euronav on Tuesday, supported by recovering oil tanker markets in the first quarter and expectations of tight vessel supply in the coming years.The crude shipping market has struggled…

Cargotec's MacGregor said Tuesday it had secured a significant order for the supply of RoRo equipment to three hybrid-powered RoPax ferries.These RoPax ferries will be built at Poland's Remontowa Shiprepair Yard for the Polish ferry company Polskie Promy, part of Polska Żegluga Morska (PŻM).

A tanker carrying about 1 million barrels on Iranian heavy crude arrived in recent days in Venezuelan waters for delivery to the country's largest refinery, according to a shipping report seen by Reuters on Monday and vessel tracking data.Iran…

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board…