Bloomberg

(Bloomberg) — Rates to ship liquefied natural gas fell to the lowest in almost two years as the opportunity to profit from shifting cargoes to Asia

Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, said it will add more fuel-efficient ships this year to pare costs as a

(Bloomberg) — Earnings for the largest ships hauling liquefied petroleum gases such as propane rose to the highest in seven months as the U.S. expands

Owners are reaping the benefits of President Barack Obama’s suggestions that he will back plans for liquefied natural gas exports equal to 17 percent of

Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, posted a profit in the first quarter, helped by gains from selling its

For the first time in five years, more than 60 oil companies are set to bid on exploration permits offshore Brazil, taking on risks of drilling in virgin

Petrobas sold $11 billion of bonds abroad on Monday, the most ever for an emerging- market issuer, as it seeks to develop the biggest offshore oil find in the

As the U.S. sets records for natural gas production, the specter of shortages and surging prices has been replaced by a debate over how much to sell

(Bloomberg) — Charter rates for the largest oil tankers hauling Middle East crude to the U.S. climbed after stronger demand drew vessels to Asia,

(Bloomberg) — Organizers of the America’s Cup will work with the U.S. Coast Guard to investigate the accident that killed two-time Olympic

Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container

(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s

A.P. Moeller-Maersk A/S aims to win more African port contracts after a group to which it belongs was selected to build and run a container terminal in Ivory

Projects include a doubling of capacity at the Doraleh container port to 3 million containers a year by 2015, which would rank it as the Africa's biggest

The 33,000 containers handled at JadeWeserPort since opening for business in September are a far cry from the annual 2.7 million forecast when project began a

Singapore LNG Corp. received its first contract cargo of liquefied natural gas from BG Group Plc today, signaling the start of commercial operations at the

U.S. Navy leaders were warned last year that a $37 billion program to build Littoral Combat Ships can’t meet its promised mission because the vessels

President Barack Obama saying the country will probably become a net exporter of natural gas signals that new volumes will add demand for ships hauling the

CSCL orders five 18,400 teu containerships from

Marathon Petroleum Corp. is unable to load oil from a barge dock on the Mississippi River at Wood River, Illinois, which may depress Canadian oil prices if