Fifteen people drowned when a fishing boat carrying migrants sank off the Turkish coast in the Marmara Sea on Friday and up to 15 more were missing, Turkey's coast guard said.

Four people drowned when a fishing boat carrying migrants sank off the Turkish coast in the Marmara Sea on Friday, the coast guard said in a statement.

A.P. Moller-Maersk has agreed a $1.71 billion deal to sell its oil tanker division to its controlling shareholder, who in turn will enter an ownership consortium with Japan's Mitsui & Co.

* Further move by Total to diversify its assets (Adds analyst and fund manager comments, details)

* Qatar can continue operating but with higher costs (Writes through with context)

The U.S. Navy dismissed two senior officers on Monday after a series of collisions involving Seventh Fleet warships in Asia, citing a loss of confidence in their ability to command.

Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway.

* Downgrades weigh on Grifols, Carnival, Maersk (Adds closing prices)

* Q2 profits rise on freight rate rise, APL integration (Adds order for nine vessels)

Hong Kong's port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector.