Reuters

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

A Danish ship carrying some of Syria's most dangerous chemical agents began transferring them on Wednesday onto an American cargo vessel equipped with special

German shipping company Hapag-Lloyd's designated Chairman Michael Behrendt said he was confident that market conditions would support plans for an initial

The chief executive of Zim, Israel's biggest shipping company, has indicated he wants to step down once its $3 billion restructuring plan has been implemented,

By Anna Louie Sussman NEW YORK, July 1 – U.S. ship builders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale

Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the

A boiler room fire aboard a Holland America cruise ship carrying nearly 2,900 people prompted the vessel to return to port in Seattle but caused no significant

OSLO, June 30 (Reuters) – Statoil has postponed a decision on the development concept for its flagship Johan Castberg Arctic oil project until the summer

A Panamanian court on Friday ordered the release of three North Korean ship officers who were jailed after they were caught smuggling Cuban weapons through