Water Transportation
Costa cruise ship adrift off Seychelles after fire
Feb 27, 2012 12:15 EST
An Italian cruise ship from the same fleet as the tragedy-struck Costa Concordia was adrift in choppy seas off the Seychelles with more than 1,000 people on board following an engine room fire on Monday.
Shipping firms face bank debt mutiny
Feb 24, 2012 11:45 EST
LONDON (Reuters) - Troubled shipping companies face the threat of seizures of their vessels as banks lose patience with an industry struggling with overcapacity and falling demand, industry players say.
Managers investigated in Italian shipwreck probe
Feb 22, 2012 15:01 EST
Three executives from Europe's biggest cruise ship operator were named Wednesday in a probe into the firm's Costa Concordia tragedy as eight more bodies including a child's were found in the wreck.
Cruise operator caught up in Italy shipwreck probe
Feb 22, 2012 12:51 EST
Europe's biggest cruise ship operator was caught up on Wednesday in the probe into the Costa Concordia tragedy as eight more bodies including a five-year-old Italian girl were found in the wreck.
IMO to discuss CO2 curbs for ships, industry frets
Feb 22, 2012 12:35 EST
LONDON (Reuters) - The International Maritime Organization will next week debate market-based measures to cut greenhouse gas emissions from ships, but the world's major shipping associations on Wednesday said the timing is not right for such measures to be applied.
Rome expands cruise ship probe as bodies found
Feb 22, 2012 10:45 EST
FLORENCE, Italy (Reuters) - Italian prosecutors placed four ship's officers and three company executives under investigation Wednesday in connection with the Costa Concordia cruise ship disaster as divers found eight more bodies on the wreck including that of a 5-year-old girl.
Four bodies located in Concordia wreck
Feb 22, 2012 08:08 EST
Up to four bodies have been located in the wreckage of the semi-submerged cruise liner Costa Concordia, the office of the official tasked with the clean up of the January 13 disaster said Wednesday.
Insight: Laws leave cruise-ship victims at sea
Feb 21, 2012 01:14 EST
(Reuters) - When Walter Henry Alderfer learned last month about the Costa Concordia shipwreck off Italy, it brought back bad memories.
China's Xi in Los Angeles for trade talks
Feb 16, 2012 18:28 EST
China's leader-in-waiting Xi Jinping arrived in Los Angeles on Thursday for a 36-hour visit including talks on boosting trade and investment, and maybe an NBA game featuring the LA Lakers.
Corrected: More shipwreck survivors sue Carnival, Costa
Feb 15, 2012 15:48 EST
(Corrects status of passengers in fifth paragraph to 17 known dead, 15 missing)
Italy cruise ship passengers file $528 million US lawsuit
Feb 14, 2012 19:20 EST
Thirty-nine survivors of the Costa Concordia cruise ship that capsized off Italy last month filed an amended lawsuit in Florida state court Tuesday seeking more than half a billion dollars in damages.
More shipwreck survivors sue Carnival, Costa
Feb 14, 2012 15:31 EST
MIAMI (Reuters) - Dozens of additional survivors of the Costa Concordia shipwreck off Italy have joined a Florida lawsuit that accuses the ship's owners of gross negligence and fraud, and asks for at least $528 million in damages.
Italy cruise ship passengers widen US lawsuit
Feb 14, 2012 02:13 EST
Passengers aboard a Costa Concordia cruise ship that capsized off Italy last month have amended their US lawsuit to bring additional charges of negligence against the ship's captain and crew.
Credit squeeze threat to shipping industry: survey
Feb 10, 2012 02:20 EST
LONDON (Reuters) - Tighter bank financing is the big threat to shipping companies, and many are looking at alternative sources of funding such as private equity to fill gaps amid a worsening credit squeeze, a transport survey showed on Friday.
Italy cruise lawsuits will force higher standards: lawyer
Feb 09, 2012 13:40 EST
ROME (Reuters) - Insurers stung by multi-million dollar claims over the Concordia shipwreck will demand higher safety standards from the cruise industry, a lawyer who will file suits this month against Carnival Corp for more than 70 plaintiffs said on Thursday.
Italy cruise lawsuits will force higher standards-lawyer
Feb 09, 2012 13:40 EST
* U.S. lawyer won big payouts for 1998 Italy tragedy
Iran turns to barter for food as sanctions cripple imports
Feb 09, 2012 06:24 EST
PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday.
Ship noise boosts stress in whales, 9/11 reveals: study
Feb 07, 2012 19:04 EST
The steady drone of motors along busy commercial shipping lanes not only alters whale behaviour but can affect the giant sea mammals physically by causing chronic stress, a study published Wednesday has reported for the first time.
Divers abandon search on Italy cruise ship wreck
Jan 31, 2012 11:51 EST
Italian divers on Tuesday gave up their search on the wreck of the Costa Concordia, in which 32 people are feared to have died, as workers prepared to start pumping out fuel to avoid an oil spill.
No positive sign from Juba on oil: Sudan
Jan 30, 2012 14:17 EST
South Sudan has not responded favourably to Khartoum's release of oil tankers held in a dispute over compensation from the breakaway state, Sudan's oil minister said on Monday.
