Reuters

March 28 (Reuters) – Ocean RIG UDW Inc, a Cyprus-based rig contractor, filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and

By Brenda Goh SHANGHAI, March 27 (Reuters) – Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive

March 27 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year

By Maha El Dahan and Michael Georgy SHARJAH, United Arab Emirates, March 24 (Reuters) – Captains of small wooden dhows are carrying food and wares from

By Abdiqani Hassan BOSASSO, Somalia, March 24 (Reuters) – Pirates have seized control of a Somali fishing boat to use as a base from which to attack

By Joyce Lee SEOUL, March 24 (Reuters) – Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step

By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on

By Ju-min Park SEOUL, March 23 (Reuters) – A South Korean ferry that sank nearly three years ago, killing 304 people, most of them children on a school

By Joyce Lee SEOUL, March 23 (Reuters) – South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding &

By Teis Jensen COPENHAGEN, March 22 (Reuters) – Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that

By Sami Aboudi ABOARD THE USS GEORGE H.W. BUSH, March 22 (Reuters) – U.S. Navy commanders accused Iran of jeopardizing international navigation by

By Elida Moreno and Marianna Parraga PANAMA CITY/SAN ANTONIO, March 22 (Reuters) – Royal Dutch Shell agreed to lease capacity at a large oil terminal in

By Heekyong Yang SEOUL, March 22 (Reuters) – Salvage experts in South Korea prepared on Wednesday to begin raising a ferry that sank nearly three years

By Jonathan Saul and Keith Wallis LONDON/SINGAPORE, March 22 (Reuters) – The U.S. Justice Department has ordered top executives from several container

OSLO, March 21 (Reuters) – Statoil confirmed on Tuesday its cost estimate for developing Norway’s Johan Sverdrup oilfield, the largest North Sea

By Abdiqani Hassan BOSASSO, Somalia, March 21 (Reuters) – The head of anti-piracy operations in the semi-autonomous Puntland region of Somalia said he

By Abdiqani Hassan BOSASSO, March 19 (Reuters) – Somali officials whose forces freed a hijacked oil tanker and its eight Sri Lankan crew said on Sunday

By Aradhana Aravindan and Anshuman Daga SINGAPORE, March 20 (Reuters) – Oilfield services provider Ezra Holdings Ltd’s decision to file for U.S.

March 20 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the 14th

by William Maclean (Reuters) A Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a strategic port under its supervision