Reuters

By Eleanor Biles GIGLIO, Italy, July 14 (Reuters) – The wreck of the luxury liner Costa Concordia was re-floated on Monday and will soon be towed away

A philanthropist couple has spent millions of euros to buy a ship which they plan to use to rescue migrants from rickety boats in the centre of the

Russian President Vladimir Putin said on Friday he was hopeful Russian oil company Rosneft and Cuban state oil company Cupet could begin jointly exploring

Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags, causing officials to

Higher-than-expected loan losses in the shipping sector ate into DNB's second-quarter earnings, sending shares in Norway's largest bank down almost 5 percent

The world's top two container shippers, Maersk Line and MSC Mediterranean Shipping Co, have struck a fresh vessel-sharing agreement after a previous three-way

French Prime Minister Manuel Valls said on Wednesday he would take steps "within hours" to end blockades of ports in Marseille and Corsica by workers of the

The European Union's competition watchdog on Wednesday opened an investigation into tax exemptions granted to ports in the Netherlands and warned France and

Oslo-listed Seadrill scrapped plans for a billion-dollar convertible bond issue after a fall in its share price and said its liquidity remained

In the dead of night, as his fuel tanker sailed through the narrowest section of one of the world's busiest waterways, Captain Thiwa Saman was wrenched from

An improved outlook for global bulk shipping rates spells bad news for grain exporters as they go into the latest sales campaign, with increased freight costs

A Nicaraguan committee approved a proposed route on Monday for a $40 billion shipping channel across the Central American country that would compete with the

Many of the 250 children who drowned when a South Korean ferry sank in April would have survived if the crew had issued a simple order to evacuate to emergency

By Keith Wallis SINGAPORE, July 7 (Reuters) – Methanol, a fuel used to power light aircraft and racing cars, is being tried out as alternative for ships,

Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with

FRANKFURT, July 6 (Reuters) – The Costa Concordia disaster, when the cruise liner capsized off Italy more than two years ago, will likely end up costing

A retired U.S. Navy commander pleaded guilty to federal conspiracy charges on Thursday in connection with a wide-ranging corruption investigation of a

Crew members of a Florida-based salvage ship who had been jailed for 52 days in Honduras on gun smuggling charges were welcomed back to their home port on

Rates for capesize bulk carriers on key Asian routes are set to slide next week as too many ships chase too few cargoes from Australia and Brazil, brokers

A U.S. bankruptcy judge said on Wednesday he will approve Genco Shipping & Trading Ltd's plan to exit its Chapter 11 bankruptcy after he overruled objections