Reuters

West and central African nations have agreed to create a regional centre for coordinating the fight against a sharp rise in piracy in the Gulf of Guinea that

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a

By Michele Kambas NICOSIA, June 26 (Reuters) – Aiming for energy hub status and hoping to reboot an economy hobbled by a debt bailout – Cyprus

Rising water on the Mississippi River will force the U.S. Army Corps of Engineers to close numerous locks on the major shipping waterway for the second time

Carnival Corp. said Micky Arison will step down as chief executive officer after 34 years as the company splits the CEO and chairman

The mysterious Chinese businessman behind a $40 billion plan to build a canal through Nicaragua pledged transparency on Tuesday -- but refused to reveal where

Europe's cruise lines managed to eke out growth in 2012 despite a difficult economy and lingering memories of the Costa Concordia disaster, luring new

Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the

By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the

DUBAI, June 23 (Reuters) – Gulftainer Co Ltd, the United Arab Emirates’ second-largest port operator, said on Sunday it had acquired a 51 percent

By Melissa Akin and Denis Pinchuk ST PETERSBURG, Russia, June 21 (Reuters) – Gazprom is ready to take on potential Russian and Australian rivals for

Indonesia deployed military planes on Friday to fight forest fires that blanketed neighbouring Singapore in record levels of hazardous smog for a third day in

June 21 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, touched a high for

Russia's Rosneft has agreed to a $270 billion deal to double oil supplies to

The bulk shipper STX Pan Ocean Co Ltd filed for protection under U.S. bankruptcy law on Thursday to shield its assets from creditors in the United States, less

Half of Germany's maritime shipping companies plan to enter alliances with peers or deepen existing pacts in the next few months to counter overcapacity and

ABUJA, June 19 (Reuters) – Pirates in speedboats attacked an oil supply vessel and kidnapped four Indian and Polish crew members in increasingly

Nigerian authorities dropped charges on Tuesday against eight Russian sailors suspected of trafficking arms, their lawyer said, but another seven will face

Pirate attacks off West Africa's mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardise the shipping

The world's three biggest container shipping companies, including Maersk Line, have agreed to share vessels in a bid to minimize losses caused by over capacity