Reuters

RIO DE JANEIRO, May 16 (Reuters) – Brazil’s OSX Brasil SA , the bankrupt shipbuilder controlled by former billionaire Eike Batista, presented a

SANTIAGO, May 16 (Reuters) – Chile president Michelle Bachelet said on Friday her center-left government was planning the development of a “big

By Serajul Quadir DHAKA, May 16 (Reuters) – A Bangladeshi official said on Friday there was no chance of finding further survivors of a ferry that sank

Statoil is more likely to develop the $15.5 billion Johan Castberg field in the Arctic using a floating production storage and offloading (FPSO) installation

By Serajul Quadir DHAKA, May 15 (Reuters) – A Bangladeshi river ferry with around 200 passengers on board capsized in a storm on Thursday, killing at

By Ju-min Park MOKPO, South Korea, May 15 (Reuters) – The captain and three senior crew members of a South Korean ferry that capsized in April, killing

CAIRO, May 14 (Reuters) – Fifteen tonnes of a material used to make explosives have been seized in a town straddling the Suez Canal, the Egyptian army

COPENHAGEN, May 14 (Reuters) – Debt-stricken Danish shipping company Torm said it would not be able to comply with its financial covenants on minimum

By Tom Bergin LONDON, May 13 (Reuters) – A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an

By Zachary Fagenson MIAMI, May 13 (Reuters) – A shipwreck found off the north coast of Haiti could be the 500-year-old remains of the Santa Maria, which

By Jonathan Saul LONDON, May 13 (Reuters) – Europe has yet to fully wake up to the danger of maritime disasters caused by signal jamming and blackouts of

By Alister Doyle, Environment Correspondent OSLO, May 12 (Reuters) – Vast glaciers in West Antarctica seem to be locked in an irreversible thaw linked to

Saudi Oil Minister Ali al-Naimi said on Monday the world's top oil exporter was willing to supply markets with more crude if rising tensions between Russia and

The Philippines has jailed 11 Chinese fishermen caught with endangered sea turtles off a disputed shoal in the South China Sea, officials said on Saturday,

The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its

OSLO, May 9 (Reuters) – Royal Caribbean, the world’s second-largest cruise operator, has ordered its fourth Oasis-class vessel, the world’s

The Finnish government said it had teamed up with German shipbuilder Meyer Werft to consider buying a troubled local shipyard from South Korea's STX Offshore &

A Chinese ship (R) uses water cannon on a Vietnamese Sea Guard ship on the South China Sea near the Paracels islands, in this handout photo taken on May

By Stanley Carvalho ABU DHABI, May 8 (Reuters) – Oil services firm Gulf Marine Services plans to spend around $400 million up to 2016 and expand into

By Peter Apps LONDON, May 7 (Reuters) – The cost of Somali piracy to the global economy fell by almost half last year as attacks slumped, but piracy in