commercial shipping News

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 …