News

By Devika Krishna Kumar NEW YORK, April 20 (Reuters) – A tanker of gasoline en route to New York Harbor from Europe has been diverted to a Caribbean

Armed pirates kidnapped eight crew members from tug operating off Nigeria on Wednesday, while another tanker was targeted in the general area, the

SINGAPORE, April 20 (Reuters) – Singapore’s Keppel Corp posted its first year-on-year rise in quarterly profits since early 2015, helped by

A U.S. District Judge in Miami on Wednesday sentenced Princess Cruise Lines Ltd. (Princess) to pay a $40 million penalty – the largest-ever for crimes

OSLO, April 20 (Reuters) – A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen’s Frontline to prevent BW Group

By Alberto Alerigi and Gustavo Bonato SAO PAULO, April 19 (Reuters) – The loading of iron ore at Brazil’s Itaguaí terminal operated by mining and

By Jeff Mason and Doina Chiacu WASHINGTON, April 19 (Reuters) – President Donald Trump’s administration on Wednesday denied being misleading about

Salvors continue to work on refloating a Euronav very large crude carrier (VLCC) which ran aground in soft mud last week in the Java Sea. Euronav reports that

MOSCOW, April 19 (Reuters) – A cargo ship heading from Russia to Turkey sunk off the coast of Crimea early on Wednesday morning and 11 of the crew are

By Justin Sink and David Tweed (Bloomberg) — Vice President Mike Pence issued a fresh warning to North Korea from the deck of a U.S. aircraft

By Phil Stewart WASHINGTON, April 18 (Reuters) – When U.S. President Donald Trump boasted early last week that he had sent an “armada” as a

By Tony Capaccio (Bloomberg) — Congress should consider delaying an upcoming U.S. Navy request for as much as $9 billion to start work on 12

The American Maritime Partnership (AMP), representing interests of the domestic maritime industry, has submitted comments strongly in support of the recent

HAMBURG, April 18 (Reuters) – Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded

By Serene Cheong (Bloomberg) — Citigroup Inc. joined Goldman Sachs Group Inc. in backing commodities, saying it’s the season to have faith in raw

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, April 18 (Reuters) – In the scorching heat of the Caribbean Sea, workers in scuba

By Joyce Lee SEOUL, April 18 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from

Finnish technology group Wärtsilä has been selected to supply the engines and propulsion machinery for the first offshore construction vessel to be

The giant floating production, storage and offloading unit for Dana Petroleum’s Western Isles development project in the North Sea has reached Rotterdam

By Joyce Lee SEOUL, April 17 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval