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Tullow Oil in Leopardstown, Dublin. Its shares surged as brokers call the deal “significant for the Irish company”

Tullow Oil may sell part of its holding in east African fields in which its partner yesterday disposed of half its stake in a deal potentially valued(...)

Kingspan shares increased nearly 5% to €23.35 on the back of positive quarterly numbers and a full-year profit forecast of €250m

World equity indexes fell and oil prices weakened on yesterday as disappointing trade data in China stoked further concerns over weakening global grow(...)

Crude prices dropped about 50% over the past 12 months. Photograph: Getty Images

AP Moeller-Maersk’s oil unit cut $1 billion off its annual budget for capital expenditure after petroleum prices plunged. Maersk Oil plans long-(...)

AP Møller-Maersk abandoned its midterm profit targets for all businesses except Maersk Line, the world’s largest container shipping company. Photograph: AP Photo/Maersk Line Ltd

AP Møller-Maersk cut its forecast for global trade growth and abandoned several medium-term profit forecasts but the Danish conglomerate still posted (...)

Maersk, Denmark’s biggest company, reported first-quarter profit that missed analyst estimates after its shipping line lost market share.

Maersk, Denmark’s biggest company, reported first-quarter profit that missed analyst estimates after its shipping line lost market share. Maersk Line,(...)

Capt Sinéad Reen: security at sea, substandard ships, changing weather patterns, pollution and the trend towards “criminalisation” of ship’s captains are among issues which she will be addressing as president of the master mariners’ representative organisation

Sea captain Sinéad Reen has become the first woman to be elected president of the Irish Institute of Master Mariners. Capt Reen, who is originally fro(...)

An exterior view of the Danish Maersk shipping company headquarters. AP Moller-Maersk’s third quarter net profit rose to $1.49 billion, lifted by higher container volumes and freight rates, the Danish shipping and oil group said today. (Photograph: EPA/MAURITZ ANTIN)

A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box volumes. (...)

Rose George travelled 14,500km – from Felixstowe, in England, to Singapore, via Rotterdam, the Suez Canal and the pirate-infested waters of the Gulf o(...)

CRH chief executive Albert Manifold. The building materials company’s shares finished down 1.8 per cent at the close yesterday, following the release of the company’s half-yearly figures. Photographer: Chris Ratcliffe/Bloomberg

Both European and US stocks made gains yesterday, with Ireland and Iceland the only western countries not to record a positive day’s trading while (...)

Emissions from ships and boats amountto a billion tonnes or 3 per cent of globalgreenhouse gas emissions – twice that of the international aviation industry

Shipping is one of the silent global polluters. Emissions from ships and boats amount to a billion tonnes or 3 per cent of global greenhouse gas emiss(...)

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