Hapag-Lloyd Drops as Forecast Cut Overshadows UASC Merger Plan
By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a
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By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a
By Wael Mahdi (Bloomberg) — A venture between Arab Petroleum Investment Corp., known as Apicorp, and National Shipping Co. of Saudi Arabia will create
by Noah Feldman (Bloomberg) An international court rules that China broke the law by building islands in the South China Sea. China doesn’t
by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.
by Firat Kayakiran and Rakteem Katakey (Bloomberg) Oil is flowing unhindered through Turkey’s pipelines and waterways, one of the world’s largest energy
By David Wethe and Rakteem Katakey (Bloomberg) — BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst
By Christopher Martin (Bloomberg) — The Long Island Power Authority plans to approve a 90 megawatt wind farm off the coast of New York that would become
By Ed Hammond and Kiel Porter (Bloomberg) — Ports America, the closely held maritime-terminal operator, is exploring a sale, people with knowledge of the
By Dan Murtaugh (Bloomberg) — Asia’s going to have to wait a little longer for the flood of U.S. shale gas to reach its shores. A global glut of
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors
By Tony Capaccio (Bloomberg) — The USS Gerald R. Ford — the Navy’s newest aircraft carrier and the costliest U.S. warship at $12.9 billion
By Dinesh Nair and Nicholas Brautlecht (Bloomberg) — United Arab Shipping Co. is weighing a sale of its tanker business for oil and petrochemicals that
By Hashem Kalantari and Anthony DiPaola (Bloomberg) — Iran plans to double crude exports so long as the increase in shipments is absorbed by global
By Jessica Shankleman (Bloomberg) — Nine of the world’s biggest offshore wind farm developers joined with the Scottish government to fund a 7.9
By Anna Shiryaevskaya (Bloomberg) — The Dunkirk liquefied natural gas terminal in France received its first cargo on Friday, boosting the nation’s
By Rakteem Katakey (Bloomberg) — Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the
By Jennifer A. Dlouhy (Bloomberg) — Energy companies that hunt for crude in icy Arctic waters will have to stash extra equipment nearby and take other
By Celeste Perri (Bloomberg) — The Danish utility Dong Energy A/S won a contract to develop two wind farms off the coast of the Netherlands that the
By Whitney McFerron (Bloomberg) — The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship rather than the sea. Building
By Robert Tuttle (Bloomberg) — When ship fuel prices sank to the lowest depths on record in January, Norwegian Cruise Line Holdings Ltd. was mindful not
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