Japanese Shipping Companies to Merge Container Operations
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest
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By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest
By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11
by Deena Shanker (Bloomberg) If someone offered you a chance to invest millions of dollars in a business nobody wants, would you take it?
by Dan Murtaugh (Bloomberg) Americans wondering what life with liquefied natural gas exports will bring can look to eastern Australia for a
By Joe Ryan (Bloomberg) — The next U.S. offshore wind farm in the U.S. will probably be almost 500 miles (800 kilometers) from the nearest ocean. The
By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 15 percent fall in third-quarter sales as output
By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated
By Denise Wee (Bloomberg) — Strains are spreading in Singapore’s debt market as more firms in the maritime sector with borrowings coming due grapple
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing
By Caroline Winter (Bloomberg) — Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called
(Bloomberg) — U.K. warships are monitoring a Russian aircraft-carrier group sailing past Britain’s eastern coast to the Mediterranean Sea to supplement
By Denise Wee (Bloomberg) — Singapore-based shipping trust Rickmers Maritime said it received a letter from lawyers representing some investors stating
By Firat Kayakiran (Bloomberg) — Oil tanker rates jumped to a four-month high as traders booked the most cargoes for the time of year on record,
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Mitsubishi Heavy Industries Ltd. is considering options for its shipbuilding business to reduce costs
By Jessica Shankleman (Bloomberg) — Martin Brydges landed his final catch as a fisherman in the English port of Grimsby a year
By Jonathan Burgos, Angus Whitley and Kyunghee Park (Bloomberg) — Customers have dwindled by the week at Indian Masala Hut, a curry stall in
By Mahmoud Habboush (Bloomberg) — Abu Dhabi National Oil Co. will combine three shipping and ports units less than a month after consolidating two
By Sandrine Rastello and Dhwani Pandya (Bloomberg) — A surprising piece of good news is coming from a lackluster corner of India’s $2 trillion economy:
By Wes Goodman (Bloomberg) — The latest U.S. Littoral Combat Ship to arrive in Southeast Asia is combat ready, according to a senior Navy officer,
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs,
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