Reuters

COPENHAGEN, Dec 20 (Reuters) – Moody’s downgraded A.P. Moller-Maersk’s credit rating on Tuesday, piling pressure on the world’s biggest

By Tom Westbrook and Rozanna Latiff SYDNEY/KUALA LUMPUR, Dec 20 (Reuters) – Investigators searching for Malaysia Airlines flight MH370 have recommended

By Ben Blanchard BEIJING, Dec 20 (Reuters) – China has returned a U.S. underwater drone taken by one of its naval vessels in the disputed South China Sea

UNITED NATIONS, Dec 18 (Reuters) – The United Nations Security Council lifted North Korean sanctions on five ships after China secured assurances that

Dec 18 (Reuters) – Four people were rescued from frigid waters off Annapolis, Maryland, on Sunday after more than a dozen sailboats capsized during a

By Ben Blanchard BEIJING, Dec 17 (Reuters) – China’s Defence Ministry said on Saturday it had been in talks with the United States about returning

By Keith Wallis  SINGAPORE, Dec 16 (Reuters) – Freight rates for very large crude carriers (VLCCs), which climbed to a nine-month high this week,

By Phil Stewart WASHINGTON, Dec 16 (Reuters) – A Chinese warship has seized an underwater drone deployed by a U.S. oceanographic vessel in the South

SAO PAULO, Dec 16 (Reuters) – Ecovix Engevix Construções Oceánicas SA and five subsidiaries have filed for bankruptcy protection in a federal

WASHINGTON, Dec 14 (Reuters) – The U.S. oil and gas industry on Wednesday welcomed President-elect Donald Trump’s choice of former Texas Governor

Dec 14 (Reuters) – Oilfield services company John Wood Group Plc’s CFO David Kemp said on Wednesday that the company showed modest recovery in some

By Jonathan Saul LONDON, Dec 14 (Reuters) – The global shipping industry will hit a credit crunch if proposed new bank capital rules are implemented in a

COPENHAGEN, Dec 13 (Reuters) – The world’s biggest container shipper A.P. Moller-Maersk may consider selling assets or cutting dividends as it

By David Ingram Dec 13 (Reuters) – The captain of a U.S.-flagged cargo ship that sank near the Bahamas last year, killing all 33 onboard, told a crew

By Amanda Cooper LONDON, Dec 13 (Reuters) – Global oil demand will rise more strongly than expected next year, although it is too soon to assess fully

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 13 (Reuters) – The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue

By Bozorgmehr Sharafedin and Shadia Nasralla BEIRUT/VIENNA, Dec 13 (Reuters) – Iran ordered its scientists on Tuesday to start developing systems for

SEOUL, Dec 11 (Reuters) – Heavily indebted South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping

By Chen Aizhu and Catherine Ngai (Reuters) Oil traders and major producers are lining up a flotilla of carriers to ship more U.S. crude to Asia in December

SEOUL, Dec 10 (Reuters) – South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10 ships for Iran’s