Reuters

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital

South Korean police said on Tuesday that a body found last month in the south of the country was that of a fugitive businessman who headed the family that

An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and

The Obama administration on Friday approved a plan that would allow companies to assess oil resources off the Atlantic Coast, angering environmental groups

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 per 20-foot container (TEU) in the week

Israel's biggest shipping firm Zim said it completed a more than $3 billion debt restructuring that will allow the company to capitalise on the recovery in

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their

By John Ruwitch and Nguyen Phuong Linh SHANGHAI/HANOI, July 16 (Reuters) – A Chinese oil rig has finished drilling near the disputed Paracel islands in

U.S. military operations now increasingly begin and end at sea - aboard a growing fleet of vessels that the Pentagon has specifically outfitted as floating

Kenyan police on Tuesday seized 341.7 kg of heroin hidden in the diesel tank of a ship, the biggest ever single seizure of drugs at the Indian Ocean port of

DP World, one of the world's largest port operators, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

By Eleanor Biles GIGLIO, Italy, July 14 (Reuters) – The wreck of the luxury liner Costa Concordia was re-floated on Monday and will soon be towed away

A philanthropist couple has spent millions of euros to buy a ship which they plan to use to rescue migrants from rickety boats in the centre of the

Russian President Vladimir Putin said on Friday he was hopeful Russian oil company Rosneft and Cuban state oil company Cupet could begin jointly exploring

Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags, causing officials to

Higher-than-expected loan losses in the shipping sector ate into DNB's second-quarter earnings, sending shares in Norway's largest bank down almost 5 percent