Reuters

Chilean shipper Compania Sud Americana de Vapores said on Tuesday it agreed with a consortium of banks to take on $347 million in loans to help pay for the

With flags and confetti, Venezuela launched three new oil tankers in the last 14 months that exemplify the socialist nation's ambitions to diversify exports to

Danish shipper Maersk Line, part of oil and shipping group A.P. Moller-Maersk, plans to make another attempt in November to lift freight rates and make them

SINGAPORE, Oct 1 (Reuters) – Yangzijiang Shipbuilding (Holdings) Ltd, China’s second-largest listed shipyard, said it had won shipbuilding

Crude oil shipments from the Port of Victoria in south Texas hit a record of over 60,000 barrels per day in August, the port director said on Monday, as more

The Baltic Exchange's main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain and coal, fell on Monday on lower

By Ronnie Cohen Sept 28 (Reuters) – An Australian winemaker and his son, who own an island off Australia’s Great Barrier Reef, have officially

A large sea freighter completed a voyage through the hazardous Arctic Northwest Passage for the first time on Friday as global warming opens routes that

Panama's Canal Authority slapped a fine on Thursday of up to $1 million on the owners of a North Korean ship seized in July for smuggling Cuban weapons under

Divers on Thursday found what they believe to be the last two missing bodies from the sea where the Costa Concordia cruise liner sank last year off the Italian

By Jonathan Weber SAN FRANCISCO, Sept 25 (Reuters) – Oracle Team USA prevailed in a dramatic winner-take-all showdown with Emirates Team New Zealand on

SALEKHARD, Russia, Sept 25 (Reuters) – President Vladimir Putin said on Wednesday Greenpeace activists arrested for staging a protest at Russia’s

An Italian court on Tuesday called for a new expert examination of the Costa Concordia cruise liner to seek further evidence related to its sinking, accepting

Britain's aviation regulator on Tuesday launched a review into offshore helicopter operations in the North Sea, a month after four oil workers were killed when

Environmental activists who conducted a protest at a Russian Arctic offshore oil platform last week will be prosecuted and could face piracy charges that are

The captain of the Costa Concordia told a court on Monday that a junior officer who was at the wheel at the time shared the blame for the cruise liner

DUBAI, Sept 23 (Reuters) – Qatargas is not obliged to ship any liquefied natural gas (LNG) to Britain’s Dragon import terminal under a five-year

HONG KONG, Sept 23 (Reuters) – A powerful typhoon hit Hong Kong and the southern China coast on Monday, killing at least 20 people on the mainland,

RIO DE JANEIRO, Sept 20 (Reuters) – Brazil’s government plans to finance state-run oil company Petroleo Brasileiro SA’s participation in the

Stolen Nigerian oil worth billions of dollars is sold every year on international markets and much of the proceeds are laundered in world financial centres