Reuters

Norwegian bank DNB has sold some of the debt it held against distressed shipping firm Genco Shipping and Trading Ltd, a bank spokesman said on

By Keith Wallis SINGAPORE Nov 14 (Reuters) – Rates for capesize bulk carriers on key Asian routes are expected to fall going into next week in the

China's third-largest listed shipbuilder Yangzijiang Shipbuilding Holdings Ltd is on track this year to win the most new orders since 2007, a feat unlikely to

A Spanish court on Wednesday found the crew and the government not guilty of criminal responsibility in the 2002 sinking of the Prestige oil tanker, Spain's

By Jonathan Saul and Matt Scuffham LONDON, Nov 13 (Reuters) – Lloyds Banking Group has sold a $500 million-plus portfolio of shipping loans to cut its

Two tanker hijackings in about a month in the South China Sea and Malacca Strait, a route for about a quarter of sea borne oil trade, have fuelled fears piracy

The United States is likely to export 10-15 billion cubic meters (bcm) of liquefied natural gas (LNG) per year to Europe from 2020, although it will ship much

Brazilian shipbuilder OSX Brasil SA filed for bankruptcy protection on Monday, becoming the second company controlled by former billionaire Eike Batista to

By Joseph Akwiri MOMBASA, Kenya, Nov 11 (Reuters) – Nine suspected pirates have been arrested on suspicion of trying to hijack a Danish refined oil and

Royal Bank of Scotland (RBS) is in talks to sell a shipping loan worth close to $800 million as part of moves to scale down exposure to the seaborne industry,

Able-bodied seamen, decorative sails meant to evoke fish fins and dozens of security cameras will eventually make up the on-board complement of a mysterious

One of the most powerful storms ever recorded killed at least 10,000 people in the central Philippines province of Leyte, a senior police official said on

Brazilian shipbuilder OSX Brasil SA said on Friday it will file for bankruptcy protection, another step in the decline of former billionaire Eike Batista's

China's investigations aimed at rooting out corruption have now extended to the shipping industry, with China COSCO Holdings saying that one of its top

Oil tanker firm Frontline has terminated two charter contracts with Ship Finance International Limited and agreed to pay $90 million in compensation for the

Haiyan had top winds of almost 196 miles (315 kilometers) per hour when it was about 489 miles southeast of Manila, the U.S. Navy’s Joint Typhoon

China's campaign to root out deep-seated corruption has now extended into the shipping industry, after the country's largest bulk shipper, China COSCO Holdings

The perils of the new Arctic shipping route, warmed by climate change, may diminish with a British-Russian radio navigation initiative, under development to

Defence contractor BAE Systems plans to lay off 1,775 ship workers across the UK as the biggest warships Britain has ever built near completion with no

The Netherlands asked an international court on Wednesday to order Russia to release 30 people detained during a Greenpeace protest against oil drilling in the