Reuters

A Nigerian court dropped charges of arms trafficking against seven Russian sailors on Tuesday, their lawyer said, ending a year-long case that has frayed

Divers searching the wreckage of the Costa Concordia cruise ship on Tuesday found remains of a body thought to be one of the two missing victims, Italian

By Nidhi Verma NEW DELHI, Oct 8 (Reuters) – Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover,

Transatlantic clean tanker rates remained pressured on Monday as slow activity and a glut of vessels took their

Oman Shipping Company has signed a 137 million rials ($355.8 million) loan with two local banks to fund the acquisition of four Very Large Ore Carriers

Russia shrugged off Dutch legal action over its detention and prosecution of Greenpeace activists for piracy on Saturday as protesters took to the streets

"The Netherlands today began an arbitration procedure on the basis of the (United Nations) Convention on the Law of the Sea," Foreign Minister Frans Timmermans

Singapore's Keppel Corporation Ltd, the world's biggest offshore jackup drilling rig builder, said it plans to build its first yard in Mexico jointly with its

Authorities issued mandatory evacuation orders for low-lying areas south of New Orleans on Friday as a weakened Tropical Storm Karen closed in on the Louisiana

More than 300 people drowned or were feared dead after a boat packed with African migrants caught fire and sank off the southern Italian island of Lampedusa on

Tropical Storm Karen formed in the southeastern Gulf of Mexico on Thursday and could become a hurricane before hitting the U.S. coast between Louisiana and the

By Kathy Finn NEW ORLEANS, Oct 2 (Reuters) – BP’s manager in charge of controlling the Macondo blowout in 2010 was never trained to permanently

Divers have recovered what could be more human remains from the sea where the Costa Concordia cruise liner sank last year off the Italian island of Giglio, the

The piracy charges, which Greenpeace said were absurd, are punishable by up to 15 years in

Chilean shipper Compania Sud Americana de Vapores said on Tuesday it agreed with a consortium of banks to take on $347 million in loans to help pay for the

With flags and confetti, Venezuela launched three new oil tankers in the last 14 months that exemplify the socialist nation's ambitions to diversify exports to

Danish shipper Maersk Line, part of oil and shipping group A.P. Moller-Maersk, plans to make another attempt in November to lift freight rates and make them

SINGAPORE, Oct 1 (Reuters) – Yangzijiang Shipbuilding (Holdings) Ltd, China’s second-largest listed shipyard, said it had won shipbuilding

Crude oil shipments from the Port of Victoria in south Texas hit a record of over 60,000 barrels per day in August, the port director said on Monday, as more

The Baltic Exchange's main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain and coal, fell on Monday on lower