Bloomberg

By Kasia Klimasinska (Bloomberg) — The fire on Carnival Corp.’s cruise ship Triumph was caused by a leak in a fuel oil return line, the U.S.

CMA CGM SA’s bonds rallied seven times faster than peers in the past week after the third-biggest container line won support from banks to loosen debt

Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that

Charter costs for the biggest oil tankers plying the industry’s busiest trade route rose for a second session as charterers in China returned to work

Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and

Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to

Workers at Brazil’s Santos port will participate in a six-hour work stoppage on Feb. 22 to protest government plans for shipping terminals in the

By Isaac Arnsdorf Feb. 15 (Bloomberg) — The world’s largest heavy transport vessel loaded the biggest semi-submersible offshore platform hull for

By Margaret Newkirk and Christopher Palmeri Feb. 15 (Bloomberg) — Robin Burgess was enjoying the last full day of her cruise on Feb. 10 when she smelled

Petroleo Brasileiro SA may receive a spot cargo of liquefied natural gas from the U.S. today, according to ship-tracking data. The LNG Capricorn, with a

Earnings are about zero for the biggest oil tankers, hauling almost half the world’s seaborne crude, and owners of the ships may opt to remove them from

The price gap between liquefied natural gas in Asia and Europe will support demand for shipping even as new vessels are built before fuel output expands,

Transocean Ltd. and federal prosecutors won approval of the oil driller’s agreement to plead guilty to violating the U.S. Clean Water Act for its role in

Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and

Disruptions to the supply of liquefied natural gas in Nigeria and Egypt will curb shipping rates as more vessels compete for fewer cargoes of the fuel,

The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders

Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.

Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws prohibit exports. Rates for Jones

By Michelle Wiese Bockmann (Bloomberg) — Earnings for ships that carry dry- bulk commodities are set to start recovering in 2014 as fleet growth slows to