Why the Baltic Dry’s 62% Gain Is Bad News for Shipping
By David Fickling (Bloomberg) — Here’s reason to hope that spring has arrived for the global sea freight industry: The Baltic Dry Index, a measure
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By David Fickling (Bloomberg) — Here’s reason to hope that spring has arrived for the global sea freight industry: The Baltic Dry Index, a measure
By Debjit Chakraborty, Anna Shiryaevskaya and Harry R. Weber (Bloomberg) — Gail India Ltd. bought the second shipment of liquefied natural gas from
By Kyunghee Park and Clement Tan (Bloomberg) — China Cosco Holdings Co. posted a 22 percent slump in earnings last year, while China Shipping Container
By Kyunghee Park (Bloomberg) — Cosco Pacific Ltd., the container terminal operator of China’s biggest shipping company, reported a 30 percent increase
By Ditas B Lopez (Bloomberg) The Philippines has released a North Korean-controlled cargo ship it seized on March 4 under UN sanctions after the vessel
By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost
By Naureen S. Malik and Stephen Stapczynski (Bloomberg) — The global LNG boom is turning into a war of attrition amid a glut in the seaborne natural gas
By Justin Bachman (Bloomberg) — Take a European riverboat cruise and you get a 13th-century cathedral, vineyards lining the Douro, steaming mulled wine
By Michael McDonald and Naureen S. Malik (Bloomberg) — The expansion of the Panama Canal, a $5.3 billion project almost two years behind schedule and
By Dinesh Nair, Francois de Beaupuy and Ruth David (Bloomberg) — Bourbon SA Chairman Jacques de Chateauvieux is considering a bid to take the French oil
By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market
By Dhwani Pandya (Bloomberg) — Gifted with a 4,700-mile coastline, India for years has wanted a world class shipping hub that could compete with regional
By Michael McDonald (Bloomberg) — Hong-Kong based HKND Group, contracted to build a $50 billion canal across Nicaragua, expects to start construction on
By James Paton (Bloomberg) — The first liquefied natural gas shipment from Chevron Corp.’s $54 billion Gorgon project off northwest Australia, the
By Christian Wienberg and Mikael Holter (Bloomberg) — Maersk Drilling is looking into buying used oil rigs to take advantage of low prices and the
By Adam Minter (Bloomberg View) — A little more than a decade ago, Hong Kong was the world’s busiest port. Giant vessels competed to get into the
By Joe Ryan (Bloomberg) — The cost of building wind farms off the U.S. coast may decline as much as 55 percent within 13 years, letting developers offer
By Harry R. Weber (Bloomberg) — The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after
By Harry R. Weber (Bloomberg) — The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after
By Jennifer A. Dlouhy (Bloomberg) — From the shores of Savannah, Georgia, to the Beaufort, North Carolina beachfront, coastal communities in conservative
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