Reuters

Malaysian oil field services firm Bumi Armada Bhd said it has secured $381 million worth of contract extensions for its floating production, storage and

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibillion-dollar

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

An asylum seeker was killed and at least 77 injured in the second riot this week at a detention centre in Papua New Guinea used to process asylum seekers,

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to

By Manolo Serapio Jr and David Stanway SINGAPORE/BEIJING, Feb 14 (Reuters) – China will only allow ships with capacity of up to 250,000 deadweight tonnes

Food importers in Asia are switching from dry bulk cargo ships to container vessels, which normally carry goods such as toys and TVs, as they offer a way to

LONDON, Feb 13 (Reuters) – Lloyds Banking Group is looking to sell $500 million of shipping loans in what is likely to be the final big sale of loans

Chilean shipping firm Compania Sud Americana de Vapores said on Thursday it is planning two capital increases for a total of up to $600 million to get the

NATO warned India on Wednesday that using anti-terrorism legislation to try two Italian marines accused of killing two fishermen would undermine international

Hyundai Merchant Marine plans to sell its liquefied natural gas (LNG) transport business to a local investment firm for 1.1 trillion won ($1.03 billion) as the

By Keith Wallis SINGAPORE, Feb 12 (Reuters) – A fire-ravaged ship loaded with hazardous chemicals has become a maritime football in the north Pacific,

The Pentagon said on Monday it was unconcerned by an Iranian announcement that it would send naval vessels toward U.S. maritime borders, noting that lots of

The U.S. Department of Energy on Tuesday approved exports from Sempra Energy's Cameron liquefied natural gas (LNG) project in Louisiana as the Obama

New Zealand summoned Japan's ambassador on Monday to protest the entry of a Japanese whaling ship into its exclusive economic zone (EEZ), after clashes earlier

By Aubrey Belford KUPANG, Indonesia, Feb 10 (Reuters) – On New Year’s day, 45 asylum seekers in a ramshackle wooden boat slid ashore on a small