Bloomberg

By Alan Bjerga Almost 800 barges are backed up in the southern portion of the Mississippi River while an oil spill is cleaned up, the U.S. Coast Guard said.

By Angela Greiling Keane and Jeff Plungis U.S. Transportation Secretary Ray LaHood, one of two Republicans to serve in President Barack Obama’s cabinet,

(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at

(Bloomberg) — Seaspan Corp, a ship-leasing unit of Tiger Group Investments, may order as many as 15 more container ships over the next year to benefit

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

Jan. 27 (Bloomberg) — French yachtsman Francois Gabart won the Vendee Globe solo round-the-world sailing race after 78 days at sea, setting a world

Jan. 25 (Bloomberg) — Billionaire investor Carl Icahn called on Transocean Ltd. to issue a $4-a-share dividend and said he will propose the dividend at

By Marco Bertacche (Bloomberg) — Carnival Corp.’s Costa Crociere unit is under probe for “possible violations” of the Italian

(Bloomberg) — Storms interrupted exports of coal used in steelmaking from ports on the northeast coast of Australia, which accounts for 53 percent of

By Michelle Wiese Bockmann (Bloomberg) — The fleet of ships carrying minerals and grains will expand at double the pace of trade growth for a second year

Jan. 25 (Bloomberg) — China Cosco Holdings Co., the nation’s biggest shipping company, is facing trading restrictions on its shares after saying it

By Mikael Holter and Isaac Arnsdorf Jan. 25 (Bloomberg) — The market for oil and fuel tankers will be the first to recover from a glut in the shipping

By Kyunghee Park Keppel Corp., the world’s largest oil-rig maker, said there are opportunities to buy companies even as the entry of Chinese shipyards

Jan. 23 (Bloomberg) — Earnings for the largest oil tankers plying the industry’s busiest trade route plunged 76 percent, nearing a reversion to

By Rob Sheridan Charter rates for Capesize ships, the biggest iron-ore carriers, fell for a second day as a storm forced ports to close in Australia,

Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented

Jan. 23 (Bloomberg) — Nippon Steel & Sumitomo Metal Corp., Japan’s top steelmaker, will consider using more Valemax carriers to receive ore

Jan. 23 (Bloomberg) — BP Plc’s head oil analyst for Asia, Giovanni Serio, plans to join Noble Group Ltd. in Singapore, four people with knowledge

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

Jan. 22 (Bloomberg) — Rates to ship liquefied natural gas are dropping for the first time in four years amid a diminishing scarcity of the carriers