Reuters

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

Poland has sped up work on a terminal for liquefied natural gas (LNG) as it aims for a 2015 start date for receiving shipments from suppliers such as Qatar,

Paul Soros passed away at his New York City home, his son, Jeffrey Soros,

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the seventh consecutive day Friday to their

Nicaraguan lawmakers granted a 50-year concession to a Chinese company on Thursday for it to design, build and manage a shipping channel across the Central

With a storage capacity of 2.3 million barrels, the FPSO is believed to be the largest ever built.

A.P. Moller-Maersk will pay about $100 million less than predicted for 20 mega-size container vessels ordered from Korea's Daewoo Shipbuilding & Marine