Reuters

Turkish power-ship builder Karadeniz Holding expects to supply its next electricity-generating vessel to a Middle Eastern or African nation and is also looking

A Kenyan court in the coastal city of Mombasa sentenced nine Somalis on Tuesday to five years in prison each for attempting to hijack the German merchant

LONDON, July 29 (Reuters) – Transatlantic clean tanker rates were steady on Monday, although slower activity put the brakes on a recent rally. Rates for

SINGAPORE, July 29 (Reuters) – Offshore marine services provider POSH Semco, controlled by Malaysia’s richest man Robert Kuok, is seeking to list

ROME, July 28 (Reuters) – The Italian coastguard has rescued 22 migrants from a boat which sank off the coast of Libya but more than 30 are still missing

UPDATE: The body of the bride-to-be Lindsey Stewart and the best man, Mark Lennon have both been recovered as of Sunday evening. The boat operator, Jojo K.

By Renee Maltezou ATHENS, July 26 (Reuters) – Greek shipowner Victor Restis has been imprisoned pending trial on money laundering and embezzlement

Egyptian military aircraft patrolled the Suez Canal on Friday to ensure shipping was not disrupted during a day of rallies by supporters and foes of deposed

COPENHAGEN, July 26 (Reuters) – Spot container shipping rates from Asia to Northern Europe jumped more than nine percent this week after three weeks of

HOUSTON, July 25 (Reuters) – Barge operator Kirby Corp has seen no declines in crude shipments as U.S. oil prices have risen in recent weeks, executives

By Silvia Antonioli and Jonathan Saul LONDON, July 24 (Reuters) – Measures to tackle high moisture content in iron and nickel ores shipped across oceans

SYDNEY, July 24 (Reuters) – A boat carrying as many as 170 suspected asylum seekers bound for Australia has sunk off the south coast of Indonesia, with

UPDATE: Greek shipowner Victor Restis was arrested on charges of money laundering and embezzlement on Tuesday, becoming one of just a few prominent businessmen

By Rujun Shen and Ruby Lian SINGAPORE/SHANGHAI, July 23 (Reuters) – Banks have tightened lending to Chinese shipyards, putting more pressure on an

Incident is the latest in a series of problems faced by the new Littoral Combat Ship on its first major overseas deployment.

LONDON, July 22 (Reuters) – Pirates have released an oil products tanker and its 24 Indian crew after it was hijacked off the Gabon coast last week, the

By Keith Wallis SINGAPORE, July 22 (Reuters) – A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail a

By Lomi Kriel COLON, Panama, July 21 (Reuters) – Panamanian investigators unloading the cargo of a seized North Korean ship that carried arms from Cuba

By Rujun Shen and Yantoultra Ngui SINGAPORE/KUALA LUMPUR, July 22 (Reuters) – From hauling rigs to delivering toilet paper, firms from Southeast Asia are

By Silvia Ognibene and Naomi O’Leary ROME, July 20 (Reuters) – Four Costa Concordia crew members and a company official were sentenced to jail in