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By Vera Eckert, Jonathan Saul and Lisa Baertlein FRANKFURT/ATHENS/LONDON/LOS ANGELES (Reuters) -Germany's Hapag-Lloyd and Hong Kong's OOCL said on Thursday ...
FRANKFURT/ATHENS/LONDON/LOS ANGELES (Reuters) -Germany's Hapag-Lloyd and Hong Kong's OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks by Yemen's Houthi group on vessels disrupted global trade, prompting the establishment of a naval task force. The hostilities have put a chokehold on ship passages through the Suez Canal, which handles about 12% of worldwide trade.
Germany's Wintershall Dea on Wednesday said Russian President Vladimir Putin's decree seizing its Russia assets shows once again that Russia has become unreliable and unpredictable....
Austrian oil and gas company OMV on Wednesday said it is examining the impact of seizure of its shares in the Yuzhno-Russkoye gas field and reserves its rights, after Russian President Vladimir...
MOSCOW/FRANKFURT -Russian President Vladimir Putin has ordered that Wintershall Dea and OMV be stripped of multi-billion-dollar stakes in gas extraction projects in Russia's Arctic....