Maersk Line 2013 Net Surges
A.P. Moeller-Maersk A/S’s container- shipping line, the world’s largest, reported a tripling in 2013 profit after spending reductions countered a decline
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A.P. Moeller-Maersk A/S’s container- shipping line, the world’s largest, reported a tripling in 2013 profit after spending reductions countered a decline
Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as
In an age of aerial drones and driver-less cars, Rolls-Royce Holdings Plc is designing unmanned cargo
Singapore plans to build a second liquefied natural gas receiving terminal as it pursues a long- term strategy to become Asia’s LNG trading
It takes an expert pilot to pull off the Texas
Lundin Petroleum AB, the Swedish explorer focused on Norway, said there won’t be any new oil output in the ice-filled waters of the Arctic for at least 15
Feb. 21 (Bloomberg) — China’s imports of liquefied natural gas rose to a record for a second month in January as new terminals and winter heating
Feb. 21 (Bloomberg) — Norwegian efforts to raise oil and gas recovery from its offshore fields are being jeopardized as higher taxes threaten $13 billion
Genco Shipping & Trading Ltd. hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1
Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising
Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to
Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public
Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as
Statoil ASA and BG Group Plc will build Tanzania’s first liquefied natural gas plant in Lindi and are due to meet with authorities about the project’s
The Panama Canal Authority said it reached a partial agreement with builders led by Sacyr SA to end a dispute, even as it continues to seek alternatives to
General Dynamics Corp. has been awarded one of three initial contracts in a $12 billion U.S. Coast Guard ship program, with competitor Huntington Ingalls
Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping line by sales, has ordered a vessel fitted with an engine to cut nitrogen oxide emissions to meet
They’re senior senators from two of the nation’s top oil-producing states, longtime friends who are about to begin a partnership that has environmentalists
Feb. 11 (Bloomberg) — Total SA began life as Cie Francaise des Petroles, or CFP, almost a century ago. Thirty years since changing its name, the French
Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according
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