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(Bloomberg) — Rates to ship dry-bulk raw materials by sea are recovering after a four-year slump as Chinese demand for iron ore surged to the highest

NEW YORK – Tug vessels steam into New York Harbor through heavy wind and rough waters as Hurricane Sandy approaches New York Harbor, Monday, Oct. 29,

With the center of Hurricane Sandy approaching the East Coast, many are reminded of the October 1991 storm that would eventually become known as “The

As Hurricane Sandy moves ashore on the Eastern Seaboard of the United States, the storm’s effects are being felt by more than just the ports that have

Update: Radar suggest that the center may be moving faster than forecast and will make landfall near Atlantic City sooner than forecast perhaps by late this

[vimeo]http://vimeo.com/52383530[/vimeo] Steffen Conradsen, Head of Global Execution at Maersk Line, the world’s largest containership owner, gives us

(Bloomberg) — Petroleo Brasileiro SA, the world’s largest deep-water oil driller, is becoming less profitable as costs rise faster than sales

DOF’s subsidiary, Norskan, has agreed a contract renewal for the vessel Skandi Yare with Petrobras. The new contract will start in November and has a

(Bloomberg) — Iron-ore exports from Sierra Leone may be unsafe because the moisture content of the steel-making commodity is too high, creating the risk

As Hurricane Sandy moves up America’s northeast coast, most ships are now operating under the direction of shipping company emergency response plans and

(Bloomberg) — Hurricane Sandy was barreling northward along the U.S. East Coast as forecasters warned it would converge with two other systems to create

(Bloomberg) — The superstorm expected to develop from Hurricane Sandy is moving northward toward the U.S. Atlantic coast and may bring high winds and

Daina Shipping, owner of the stricken M/V Rena containership, was fined $300,000 today in a Tauranga District Court after pleading guilty to a charge under the

(Bloomberg) — The trial over liability for BP Plc’s 2010 Gulf of Mexico oil spill was postponed to Feb. 25 so the lawyers won’t lose their

Crowley Maritime Corp. on Thursday christened the first two of four tugboats in the ocean class series, Ocean Wave and Ocean Wind, during a ceremony in New

(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling

Royal Caribbean (RCL) hopes to order a new Oasis-type ship–at 5,400 berths, they’re the biggest cruise vessels in the world–by year’s

By Will Davies Ferrari said its Formula One cars will carry the flag of the Italian Navy at the Indian Grand Prix this weekend in solidarity with two Italian

(Bloomberg) — Rates for oil tankers in the Baltic and North Seas may jump this winter on forecasts for harsher weather, increasing demand for Aframax

MAN Diesel & Turbo, together with HHI-EMD, the engine and machinery division of Hyundai Heavy Industries, has presented the first IMO Tier III-compliant