Reuters

The Somali government's grand vision for Mogadishu port under its new Turkish managers sees modern container ships replacing wooden dhows, new cranes easing

British energy company BG Group is in talks with BP to link their two gas developments off Egypt's coast, as part of BG's drive to breathe life into its

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker

The United States needs billions of dollars of new equipment including ice-breaking ships, better satellite service and fiber-optic networks as it prepares

By Oleg Vukmanovic MILAN, Oct 21 (Reuters) – Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States

"We believe that with the depleting (oil) reserves and aging (rig) fleet, the industry fundamentals are still strong," said Chief Executive Loh Chin Hua in a

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

A Dallas hospital lab worker who spent much of a cruise holiday in isolation after possible exposure to Ebola, has tested negative for the disease, Carnival

Sweden released on Sunday a grainy photo of a mysterious vessel in Stockholm's archipelago, as the military hunted for a foreign submarine or divers in the

Hurricane Gonzalo scored a direct hit on Bermuda on Friday evening, knocking out most of the electricity there as it lashed the tiny Atlantic island chain with

Venezuela's PDVSA bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in

Maersk Line plans to raise freight rates sharply on main routes from ports in Asia to ports in northern

Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into

How far do oil prices need to fall to curb the investment in shale production and stem the destruction of

Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for

SHANGHAI, Oct 15 (Reuters) – China, the world’s largest shipbuilder, is looking to build its first luxury cruise vessel, with help from cruise

Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great

The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company

The United States will keep custody of a Marine named as a suspect in the murder of a transgender Filipino he met in a bar, the head of the Philippine military

Australian coal miners are shrugging off a global glut of the fuel, exporting a record 158.5 million tonnes in the January-September period from the key mining