commercial shipping News

Ukraine Starts Registering Ships for Black Sea Corridor, News Agency Reports

Ukraine, which is seeking to form safe shipping routes in the Black Sea, has started registering ships willing to use the corridor it announced earlier this week, a local news agency said on Saturday. Ukraine on Thursday announced a “humanitarian …

UN Says Operation to Siphon Oil out of Rusting Tanker Moored off Yemen Begins to ‘Avoid Catastrophe’

CAIRO (AP) — An international team began siphoning oil out of a decrepit oil tanker off the coast of Yemen on Tuesday, the United Nations chief said, a crucial step in a complex salvage operation aiming to prevent a potential …

A Salvage Team Is Set to Begin Siphoning Oil out of Rusting Tanker Moored off Yemen, UN Says

CAIRO (AP) — An international team is set to begin siphoning oil out of the hull of a decrepit tanker moored off the coast of war-torn Yemen this week, a U.N. official said Sunday. It will mark the first concrete …

Oil Eases as Producers, Refiners Avoid Worst of Hurricane

NEW YORK — Oil prices inched lower on Friday as Hurricane Laura passed the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread damage and companies were beginning to restart operations. Brent crude futures for …

Shipping Firms Drop British Flag as Brexit Risks Loom

LONDON — Companies are leaving Britain’s shipping registry due to uncertainty over Britain’s departure from the European Union and future commercial arrangements with the bloc, industry officials say. All commercial ships have to be registered, or flagged, with a particular …