[HOUSTON] Freight rates for US crude tankers bound for Asia were bid up to a more than three-year peak this week as US sanctions on a Chinese transport giant cut vessel availability, traders and...

[LONDON] Oil-tanker costs are surging after the US slapped sanctions on Chinese companies it accused of hauling Iranian crude, prompting a scramble in freight markets to secure alternative vessels...

THE following companies saw new developments that may affect trading of their shares on Friday:

POSH could face a maximum impairment charge of US$42 million, following the default of its 50 per cent-owned joint venture (JV) on US$27.6 million worth of debt as at Sept 17.

CHINA'S Cosco Shipping Ports Ltd plans to expand its container terminal in Abu Dhabi in the next three to five years with an investment of US$200 million as more Chinese companies set up in...

COSCO Shipping International's third-quarter net profit fell 91 per cent year on year to S$2.12 million as the corresponding quarter a year ago was boosted by a profit from discontinued operations...