Reuters

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S.

Pirates have attacked an oil products tanker off the coast of Nigeria and kidnapped its Ukrainian captain and a Greek engineer, Greek coast guard officials

Russia said on Monday its navy was ready to escort ships removing Syria's deadly chemical stockpile, which is due to be destroyed at sea under an international

By Barbara Lewis and Robin Emmott BRUSSELS, Dec 16 (Reuters) – European negotiators, hoping to cut fuel bills, will press their U.S. counterparts in

A court in Vietnam sentenced two former executives of a state-owned shipping firm to death on Monday for embezzlement, an unusual harsh sentence in a communist

JERUSALEM, Dec 15 (Reuters) – Standard & Poor’s Maalot lowered its rating for Israeli shipping firm Zim to “CC” from

WASHINGTON, Dec 13 (Reuters) – A U.S. guided missile cruiser operating in international waters in the South China Sea was forced to take evasive action

Two Gulf Arab countries aim to take on the Caribbean as it seeks to become a major destination for cruise tourism, especially during the winter months in the

Rates for capesize bulk carriers on key Asian routes are set to remain firm going into next week due to bad weather in Australia and buoyant fixture activity

Singapore's Keppel Corporation Ltd, the world's top offshore drilling rig maker, said it plans to build its first drillship despite not having a buyer lined

The cost of a stalled waterway project to link France's Seine river to Belgium, Germany and the Netherlands could be cut by around 40 percent to 4.5 billion

ISTANBUL, Dec 11 (Reuters) – Turkey shut its Bosphorus Strait, a key shipping channel for Russian cargo, to tanker traffic on Wednesday after a snowstorm

Shipping will be disrupted on a stretch of the Mississippi River as workers remove rocks "over the next few months," the U.S. Army Corps of Engineers

When importing a single cargo by sea requires an average of 36 original documents and 240 copies from 27 parties, the only wonder is that it has taken so long

Australia approved on Tuesday major dredging work to expand a coal shipping port adjacent to the Great Barrier Reef in a bid to attract more coal

The wreckage of a wooden steamship that sank 152 years ago in a storm on Lake Huron with no survivors has been found, a Michigan explorer said on

Canada intends to lay claim to the North Pole as part of a bid to assert control over a large part of the resource-rich Arctic, Foreign Minister John Baird