Reuters

The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight

Chinese importers canceled purchases of four cargoes of U.S. corn this week, after one cargo was diverted to Vietnam last week, U.S. government data showed on

Drillers face a year of pain as they take delivery of a slew of new vessels ordered during boom times just as oil companies ruthlessly tighten spending on

A jury convicted a Mexican man of murder on Wednesday for ramming his suspected smuggling vessel into a U.S. Coast Guard inflatable boat, killing an officer

Natural gas has started to challenge oil as the dominant transport fuel with companies building gas-powered ships and installing networks of service stations

A Spanish cargo ship broke in two on Wednesday after hitting a sea wall off the southwestern coast of France in high winds and was leaking some fuel into the

The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other

A 4-year-old child died abroad a Norwegian Cruise Line ship off the coast of North Carolina on Monday after being found unresponsive on the pool deck, a coast

Finnish cargo handling equipment maker Cargotec reported a stronger-than-expected order intake in the fourth quarter, boosting hopes its troubled marine

India's top court has given the government a week to decide if it will invoke a maritime security law that carries the death sentence against two Italian

eams of workers, aided by ships and aircraft, will complete on Monday the sea cleanup of 164,000 litres of oil that leaked off South Korea's southern coast,

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

ROME, Feb 1 (Reuters) – A Spanish diver died on Saturday during work to salvage the Costa Concordia cruise liner, which capsized off the Italian island

Nigerian police have rescued three Indian sailors who were kidnapped from a cargo ship off the coast of Equatorial Guinea last month, a rare success story in

A cargo ship sank off the coast of Yemen killing all 12 crew, the Interior Ministry said on

Australia's Great Barrier Reef watchdog gave the green light on Friday for millions of cubic metres of dredged mud to be dumped near the fragile reef to create

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

As Arctic ice melts away, opening the way for greater oil development and mining, the White House outlined a plan on Thursday to promote safety and security in

Indonesian oil and gas shipping firm PT Berlian Laju Tanker, which narrowly escaped bankruptcy last year, said on Thursday it has cut its fleet size by 44

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify