Bloomberg

“This tidal wave of crude oil is just too

The South African port of Durban has started an excavation project to triple its capacity to handle large container ships, encouraging more vessels to sail

Somali pirates released four Thai nationals who were held captive for more than four years, an anti-piracy official

Joh. Berenberg Gossler & Co. KG will boost lending to the maritime industry by as much as 1 billion euros ($1.1 billion) through a new shipping fund for

The world’s biggest container line will order new ships for the first time in four years as the industry shakes off its worst crisis in four

CGG SA, the oil field seismic surveyor that rejected a takeover approach by Technip SA, reported a net loss of $1.2 billion in 2014 after a writedown for

The world’s biggest oil and gas producers, already cutting hundreds of jobs a week from the U.K.’s North Sea, are just warming

Slumping energy prices are crimping the ability of suppliers to finance new export terminals, giving small, highly- focused efforts the edge over the

Petroleo Brasileiro SA’s descent into junk- bond status may be far from

“Our focus now is getting cargo moving,” Chad Lindsay, PMA’s vice president said at the news conference. “There have been significant impacts to many

Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting

West Coast dockworkers and their employers ended their nine-month standoff with a five-year contract deal, averting a shutdown of 29 ports that could have cost

Negotiators in the nine-month standoff at U.S. West Coast ports are ratcheting up discussions as Labor Secretary Tom Perez seeks to move talks to Washington if

Rates seen potentially sinking to $40,000 per day...

While U.S. drilling on land has fallen along with the price of crude, the risky and expensive drive to pull oil from the depths of the Gulf of Mexico is

The West Coast ports of the U.S. are headed for paralysis as a contract dispute between management and unionized dockworkers spills onto the docks from San

India is tripling its fleet of nuclear submarines in the country’s priciest naval expansion in five years, a move that comes as China increases naval

Transocean Ltd. will have to do more than slash its dividend by 80 percent for the owner of the world’s largest fleet of offshore rigs to weather the oil

Saudi Arabian Oil Co., the world’s largest oil exporter, is expanding into refining and petrochemicals and seeking to boost ties with

Oil extended three consecutive weekly gains in London as OPEC ministers signaled their confidence that the market can sustain its