Reuters

FRANKFURT, July 6 (Reuters) – The Costa Concordia disaster, when the cruise liner capsized off Italy more than two years ago, will likely end up costing

A retired U.S. Navy commander pleaded guilty to federal conspiracy charges on Thursday in connection with a wide-ranging corruption investigation of a

Crew members of a Florida-based salvage ship who had been jailed for 52 days in Honduras on gun smuggling charges were welcomed back to their home port on

Rates for capesize bulk carriers on key Asian routes are set to slide next week as too many ships chase too few cargoes from Australia and Brazil, brokers

A U.S. bankruptcy judge said on Wednesday he will approve Genco Shipping & Trading Ltd's plan to exit its Chapter 11 bankruptcy after he overruled objections

A Danish ship carrying some of Syria's most dangerous chemical agents began transferring them on Wednesday onto an American cargo vessel equipped with special

German shipping company Hapag-Lloyd's designated Chairman Michael Behrendt said he was confident that market conditions would support plans for an initial

The chief executive of Zim, Israel's biggest shipping company, has indicated he wants to step down once its $3 billion restructuring plan has been implemented,

By Anna Louie Sussman NEW YORK, July 1 – U.S. ship builders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale

Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the

A boiler room fire aboard a Holland America cruise ship carrying nearly 2,900 people prompted the vessel to return to port in Seattle but caused no significant

OSLO, June 30 (Reuters) – Statoil has postponed a decision on the development concept for its flagship Johan Castberg Arctic oil project until the summer

A Panamanian court on Friday ordered the release of three North Korean ship officers who were jailed after they were caught smuggling Cuban weapons through

Italian shipmaker Fincantieri said on Saturday it had priced its initial public offering at the bottom of its price range at 0.78 euros per share and cut the

Britain's competition regulator has told Groupe Eurotunnel, the operator of the undersea rail link between Britain and France, it will have to stop operating

Five Chinese fishermen are missing after a trawler sank on Friday in waters to the north of islands disputed with Japan in the East China Sea in what appeared

Looking to convince Chinese tourists that a ship can be a holiday destination and not just a way to get there, the world's leading cruise lines are spending

Dutch engineers this week started a months-long survey to map unchartered deep-sea terrain at the bottom of the Indian Ocean, the next step in the search for

Lawyers for bankrupt Genco Shipping & Trading Ltd on Tuesday insisted the dry bulk shipper is not being undervalued during the closing of a trial pitting the

Carnival Corp, the world's largest cruise operator, forecast an adjusted profit below market estimates for the current quarter, blaming increased competition