Reuters

By Jussi Rosendahl and Tuomas Forsell HELSINKI, March 7 (Reuters) – Finnish engineering company Wartsila said workers at one of its businesses in Italy

MANILA (Reuters) – The Philippines said on Saturday it had seized a North Korean freighter that was covered by harsher United Nations’ sanctions

SEATTLE, March 3 (Reuters) – U.S. Defense Secretary Ash Carter on Thursday defended the Pentagon’s decision to buy just 40 Littoral Combat Ships

By Ruby Lian and Megha Rajagopalan SHANGHAI/BEIJING, March 4 (Reuters) – Chinese maritime authorities must “blacklist” 31 boats operated by a

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to remain flat as the number of

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this

BEIJING, March 1 (Reuters) – China’s navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from

OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented

By Henrik Stolen OSLO, March 1 (Reuters) – Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes

By Jonathan Saul LONDON, Feb 29 (Reuters) – Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of

By Barbara Liston ORLANDO, Fla., Feb 26 (Reuters) – The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall

MEXICO CITY, Feb 26 (Reuters) – Contract awards for Mexico’s first-ever deep water oil auction covering ten potentially lucrative blocks will take

Feb 26 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, rose further on

By Jonathan Stempel Feb 25 (Reuters) – Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently

By Jonathan Saul and Nina Chestney LONDON, Feb 25 (Reuters) – The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

By Jonathan Saul LONDON, Feb 24 (Reuters) – Saint Petersburg’s new deepwater port aims to become Russia’s major hub for cargo and container