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As many as eleven crew members went missing from a Bangladeshi cargo ship Thursday after their vessel capsized off the coast of Phuket in southern

A plunge in the Indian rupee to near a record is curbing demolition of obsolete merchant vessels, exacerbating a fleet surplus in the maritime industry,

U.S. private equity and investment funds are betting Asia's shipping industry, hit by a restructuring wave that has already swept Europe and the United States,

Egypt’s military increased patrols of the Suez Canal, securing the waterway handling about 8 percent of global maritime commerce, as protests escalate

July 2 (Bloomberg) — Rates for the largest iron ore-carrying ships fell, ending the longest winning streak since 2006, on speculation demand for cargoes

By Yimou Lee and Rujun Shen HONG KONG/SINGAPORE, July 2 (Reuters) – China’s largest shipping group, China Ocean Shipping (Group) Co (COSCO Group)

The world's first floating storage and re-gasification unit, named FRSU Toscana, is towed into Valletta’s Grand Harbour in Malta, July 1,

Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions over the country's disputed nuclear programme came into effect on Monday,

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern

Growing turmoil in Egypt is threatening to disrupt shipments through the Suez Canal and increase the costs for shipping lines as Cairo's cash-strapped

Seadrill has paid NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling today. This acquisition exceeds the

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

Pirates in Nigeria have released a French sailor kidnapped from a tanker on June 13 off the coast of Nigeria, a military commander told

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

Gerry Wang, CEO of Seaspan, says the industry is in the very early innings of the increase in container volumes, standing firmly by his prediction of a seven

A 112-foot supply vessel sank on Friday after striking an oil platform in the U.S. Gulf of

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 Assembly OKs $40 billion canal to rival

Singapore, 3569 nm from the Gulf of Aden, is at the heart of counter

Maersk Oil on Wednesday said it has been offered at 20% interest in a new oil license (PL710) from Norway in the arctic Barents