More Than 200 Rescued After Ferry Sinks Off Papua New Guinea

The vessel, the MV Rabaul Queen, went down off Papua New Guinea?s northeast coast.

Deal to Salvage Britain?s Victory May Yield Richest Trove

The wreck of the warship Victory has been a topic of public debate in Britain because documents suggest it carried gold coins that today could be worth up to $1 billion.

Stormy Seas Delay Fuel Recovery From Cruise Ship

Officials in Italy said the conditions might keep them from resuming work until midweek.

Defense Budget Limits Reach of Romney?s Plan for Navy

Mitt Romney has vowed to increase the Navy?s shipbuilding program, but the cuts faced by the Defense Department suggest that even maintaining the fleet at its current size would be no easy feat.

Seized Pirates in Legal Limbo, With No Formula for Trials

Hijackings have declined sharply in the past year, but where interdiction ends, a problem begins: what to do with the detained pirates?