Reuters

Update: The Coast Guard Captain of the Port reopened the Houston Ship Channel to all vessel traffic at 3:31 p.m. Tuesday. The Upper Houston Ship Channel was

By Idrees Ali WASHINGTON, Sept 6 (Reuters) – A U.S. Navy coastal patrol ship changed course after a fast-attack craft from Iran’s Islamic

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 6 (Reuters) – Hanjin Shipping’s parent firm plans to raise 100 billion won ($90 million) to fund the

By Joyce Lee and Keith Wallis SEOUL/SINGAPORE, Sept 5 (Reuters) – South Korea’s Hanjin Shipping plans to take legal action in jurisdictions

by Hyunjoo Jin (Reuters) Shares in Hanjin Shipping (117930.KS) slumped by the daily limit of 30 percent in resumed trade on Monday as the South Korean shipping

By Manuel Mogato (Reuters) The Philippines expressed “grave concern” on Sunday and demanded an explanation from China’s ambassador over what

By Joseph Akwiri (Reuters) Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the

By Roberta Rampton (Reuters) U.S. President Barack Obama pressed his Chinese counterpart Xi Jinping on Saturday on territorial disputes in the

Sept 3 (Reuters) – Tropical Storm Hermine plowed across North Carolina’s Outer Banks on Saturday, threatening the U.S. East Coast with a mix of

By Manuel Mogato (Reuters) Southeast Asian countries and China will establish hotlines and adopt communications protocols to avoid potential naval clashes

By Joyce Lee and Keith Wallis (Reuters) Roughly half of Hanjin Shipping Co‘s container vessels have been blocked from ports

By Ole Mikkelsen COPENHAGEN, Sept 2 (Reuters) – The cost of transporting containers from ports in Asia to Northern Europe and the United States jumped

By Ron Bousso (Reuters) Israel has overcome delays to the exploration and development of its offshore oblatural gas fields and wants to

German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping

By Dmitry Madorsky (Reuters) British and Russian World War Two veterans gathered on Wednesday in Arkhangelsk, 75 years to the day since Britain’s first

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 1 (Reuters) – Hanjin Shipping Co Ltd vessels have been seized at Chinese ports in the wake of the South Korean

By Joyce Lee and Se Young Lee SEOUL, Aug 31 (Reuters) – South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing

By Dmitry Zhdannikov (Reuters) Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the

By David Axe (Reuters) Four times last week, speedboats belonging to Iran’s Islamic Revolutionary Guard Corps – a sort of government-sanctioned Islamic

By Stine Jacobsen STAVANGER, Norway, Aug 30 (Reuters) – Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies