Reuters

UPDATE: Greek shipowner Victor Restis was arrested on charges of money laundering and embezzlement on Tuesday, becoming one of just a few prominent businessmen

By Rujun Shen and Ruby Lian SINGAPORE/SHANGHAI, July 23 (Reuters) – Banks have tightened lending to Chinese shipyards, putting more pressure on an

Incident is the latest in a series of problems faced by the new Littoral Combat Ship on its first major overseas deployment.

LONDON, July 22 (Reuters) – Pirates have released an oil products tanker and its 24 Indian crew after it was hijacked off the Gabon coast last week, the

By Keith Wallis SINGAPORE, July 22 (Reuters) – A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail a

By Lomi Kriel COLON, Panama, July 21 (Reuters) – Panamanian investigators unloading the cargo of a seized North Korean ship that carried arms from Cuba

By Rujun Shen and Yantoultra Ngui SINGAPORE/KUALA LUMPUR, July 22 (Reuters) – From hauling rigs to delivering toilet paper, firms from Southeast Asia are

By Silvia Ognibene and Naomi O’Leary ROME, July 20 (Reuters) – Four Costa Concordia crew members and a company official were sentenced to jail in

Even by the standards of North Korea's dilapidated shipping fleet, which often carries contraband and sails vessels until they sink, the recent failed attempt

Lawyers for Francesco Schettino, captain of the Costa Concordia cruise liner that capsized off Italy's coast killing 32 people, called on Thursday for a new

UNITED NATIONS, July 18 (Reuters) – A U.N. Security Council sanctions committee will examine the case of a North Korean ship that was intercepted by

By Nidhi Verma NEW DELHI, July 18 (Reuters) – India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co

ABUJA, July 18 (Reuters) – Pirates robbed a chemical tanker off the coast of Togo this week, a maritime agency and a security source said on Thursday,

The European Union competition regulator has ordered Spain to recover state aid given to shipyard investors, saying the measure gave them an unfair advantage

Francesco Schettino, captain of the Costa Concordia cruise liner, was not the only one to blame for a disaster off Italy last year in which 32 people died, his

By Jonathan Saul and Jean-Rovys Dababy LONDON/LIBREVILLE, July 17 (Reuters) – Pirates have hijacked an oil products tanker with 24 crew onboard off the

Panama detained a North Korean-flagged ship from Cuba as it headed to the Panama Canal and said it was hiding weapons in brown sugar containers, sparking a

China Cosco said on Tuesday its chairman Wei Jiafu has resigned as the company's chairman, chief executive officer and all other positions within the company

By Emma Farge GENEVA, July 16 (Reuters) – Angola’s monthly crude exports will slip in September to 1.67 million barrels per day (bpd), a

Sea levels could rise by 2.3 metres for each degree Celsius that global temperatures increase and they will remain high for centuries to come, according to a