Emergency Deepening Buys Time on Mississippi River
By Brian Wingfield Emergency work to deepen the Mississippi River shipping channel will avert a shutdown of barge traffic this month, lawmakers said as
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By Brian Wingfield Emergency work to deepen the Mississippi River shipping channel will avert a shutdown of barge traffic this month, lawmakers said as
Banks will exert more control over the shipping industry this year as vessel values continue to decline, according to accounting firm Moore Stephens LLP.
Rising steel prices and falling stockpiles of iron ore in China may lead to increased imports of the commodity, boosting demand for shipping, according to
Jasmine Wang, Kyunghee Park and Natasha Khan Maersk Line, the world’s biggest container-shipping company, threatened to stop using cleaner fuel at Hong
Editor’s Note: Shell’s statement comes on the heels of reports yesterday that Shell’s decision to move the Kulluk was to avoid Alaskan state
Kiyomura K.K., a Tokyo-based sushi chain, paid a record 155.4 million yen ($1.76 million) to outbid an affiliate of a Hong Kong-based rival for a tuna it said
Helix Energy Solutions Group Inc. is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oil-well
Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut
At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer
The drought-depleted Mississippi River will remain safe for barge traffic at least for the next week and possibly until Jan. 26, as the U.S. Army Corps of
By Jim Efstathiou Jr. This week’s grounding of a rig off the coast of Alaska adds to a series of mishaps in Royal Dutch Shell Plc’s seven-year
The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought
South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies
Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by
Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday
Link: Previous Kulluk Update The U.S. Coast Guard and Royal Dutch Shell Plc were fighting 70 mile-per-hour winds and 40-foot swells as they tried to assess
Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may
A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in six weeks in Copenhagen trading on bets a deal on the U.S. budget
By Isaac Arnsdorf Accelerating world trade means the merchant fleet will burn the most fuel oil ever in 2013, driving ship owners’ biggest cost to a
By Brooke Sutherland Dockworkers and their employers reached a tentative agreement on royalty payments, averting a strike that would have shut down eastern
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