Reuters

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from

For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a

Ghana's navy has freed a tanker ship hijacked off the coast of Nigeria and arrested eight pirates believed to be responsible for seizing it, a military

Chinese authorities have confirmed that 21 people were killed and one was missing after a tug boat undergoing sea trials sank in the Yangtze River, the

Volvo Ocean Race's six-strong fleet enters one of the most hazardous phases of the nine-month, round-the-world event in the next 24 hours when it will reach

The Canadian government has picked Irving Shipbuilding Inc, a Nova Scotia-based private company, to build Arctic patrol ships for C$2.3 billion ($1.9 billion),

More than 20 people are missing after a tug boat sank in the Yangtze

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks

U.S. Navy Secretary Ray Mabus on Thursday said the Navy would rename the modified Littoral Combat Ships it plans to build in coming years as "frigates," given

Shipper Navigator Holdings Ltd expects continued demand for petrochemical gases in the fourth quarter to make up for a fall in liquefied petroleum gas (LPG)

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by

Negotiators for shipping lines and terminal operators at 29 ports on the U.S. West Coast on Tuesday said they would no longer assign crews to load and unload

Oil producer Premier Oil expects to book a $300 million impairment charge due to the plunge in oil prices and plans to cut jobs and investment to rein in

Asia accounted for three-quarters of global maritime piracy last year after a surge in tanker hijackings helped to fuel a 22 percent jump in armed robbery and

Oil traders have booked at least 12 tankers to store 25 million barrels of crude at sea in a further sign of a build-up in global stocks, according to shipping

Dutch engineering and construction company Imtech has launched an investigation into the possible violation of export controls and sanctions regulations at its

A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner

Asian stocks slipped on Tuesday as a continuing slide in crude oil prices dampened risk appetite, while the dollar nursed losses against the safe-haven

Rig-maker Lamprell Plc said the slump in oil prices hurt its ability to secure new business, and that it expected its revenue for this year would be about 10

Dongfeng Race Team edged closer to a first for China in the 41-year-old Volvo Ocean Race on Saturday as they clung on to a paper-thin advantage in the third