By Ahmed Feteha and Tarek El-Tablawy (Bloomberg) — Egypt unveiled an $8.5 billion expansion to the Suez Canal on Thursday, the first of a series

  By Jonathan Saul LONDON, Aug 6 (Reuters) – The first international container ships began arriving in Iran this week after the nuclear deal between

  By Steve Scherer ROME, Aug 6 (Reuters) – Hopes faded of finding survivors of the latest Mediterranean boat tragedy, in which an estimated 200

  By Gregory Viscusi (Bloomberg) — France and Russia have agreed to terminate a contract for two helicopter carriers that France built and then

  The start of production has kicked off on a new generation LNG-powered fast ferry for the Estonian ferry company Tallink at the Meyer Turku Shipyard in

  By Pamela Barbaglia and Jonathan Saul LONDON, Aug 5 (Reuters) – Distressed debt investors are looking to buy shipping loans from Italian banks,

  NYSE-listed Teekay Tankers (TNK) has agreed to acquire a fleet of twelve modern Suezmax tankers currently owned by Principal Maritime Tankers, a

  Totem Ocean Trailer Express (Totem Ocean), part of U.S. domestic carrier TOTE Maritime, has finally selected a shipyard and revealed new

  By Philip Pullella and Steve Scherer ROME, Aug 5 (Reuters) – A boat packed with up to 700 migrants capsized in the Mediterranean Sea off the coast

  CAIRO, Aug 5 (Reuters) – Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a

  A fatal fire on board a Japanese ferry continues to burn off the coast of Japan five days after it first started. The 11,401-ton Sunflower Daisetsu

  By Libby George and Julia Payne LONDON/ABUJA, Aug 5 (Reuters) – The Nigerian president’s sudden, unexpected and seemingly unilateral

  Just over one year since the Costa Concordia arrived in Genoa following its successful salvage, the consortium tasked with dismantling the infamous

The French research vessel, Marion Dufresne II, has left the Damen Shiprepair Dunkerque in northern France after completing a 4-month full overhaul that is

  By Ahmed Feteha (Bloomberg) — The Suez Canal took 10 years to build and cost thousands of workers their lives. When planners suggested three years

  Super Typhoon Soudelor, now the strongest storm on earth in 2015, is seen in a NOAA satellite image taken in the Western Pacific Ocean at 23:43 ET

The U.S. Coast Guard on Tuesday is celebrating 225 years of service to the nation. It was on this day in 1790 when President George Washington signed the

  The government of South Korea has finalized a deal with a China-led consortium for the salvage of the sunken Sewol ferry off Jindo island. South

The DolWin beta high voltage AC/DC power converter platform seen sailing out from Haugesund, Norway on August 1, 2015 on its way to the German sector of the

By Mark Shenk (Bloomberg) — Oil climbed amid speculation that its drop below $50 a barrel is excessive given projections that U.S. supply will decline.