Single Bluefin Tuna Fetches $1.76 Million at Japanese Auction
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
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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
By Brooke Sutherland President Barack Obama is facing pressure to intervene and prevent a strike that would gridlock eastern U.S. ports and risk damaging
Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating
Vitol Group plans to start sales of marine fuel, or bunkers, to a port in southern Malaysia as it seeks to supply ship owners that moved from Singapore, the
China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four
Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.
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