Bloomberg

Oct. 8 (Bloomberg) — The cost of hauling crude on the largest tankers is poised to rise to a four-year high as the biggest demolition program in a decade

Genting Hong Kong Ltd., the largest shareholder in Norwegian Cruise Line Holdings Ltd., ordered a 1,682-passenger-cabin cruise ship from Meyer Werft for 707.2

BP Plc’s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the

Oct. 7 (Bloomberg) — The strange contraption slowly being assembled in a modest industrial shed in Breda, a small city in the Netherlands, bears little

Tropical Storm Karen may strengthen slightly before weakening as it makes landfall near the Florida-Alabama line Saturday.

A group of Norwegian investors and Henning Oldendorff, chairman of the largest charterer of dry- bulk vessels, are forming a shipping bank that will start next

Russia charged 30 people with piracy after Greenpeace activists tried to board an Arctic oil platform as OAO Gazprom said the protest threatened to have

Oct. 3 (Bloomberg) — Vale SA, the world’s largest iron-ore producer, boosted this year’s planned dividend by 13 percent to $4.5 billion as

If OGX goes under, its largest U.S. creditors stand to lose millions in Latin America’s largest corporate default. Batista’s salesmanship and

Oct. 2 (Bloomberg) — Coal will replace natural gas as the dominant fuel for producing electricity in Southeast Asia as the region almost doubles its

Charter costs for tankers hauling 1 million barrels of oil fell to the lowest in at least 16 years as the glut of vessels seeking cargoes leaves owners

Oct. 1 (Bloomberg) — Japan is set to receive its second spot cargo of liquefied natural gas from Norway via the Northern Sea Route as the world’s

“Charges will be filed shortly,” the Investigative Committee in Moscow said on its website today, although they seem to be backing away from the

BP Plc, seeking to reduce potential water-pollution fines of as much as $18 billion, is trying to convince a judge that less oil spilled in the 2010 Gulf of

Seventy-four Chinese fishermen were missing after a typhoon in the South China Sea sank three ships, the official Xinhua News Agency reported

Sept. 30 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest shipping line, fell the most in a week in Copenhagen trading on

Sept. 30 (Bloomberg) — The widened Panama Canal will cut costs to ship U.S. cooking and heating gases to Asia by shortening voyages, effectively lowering

The deadly assault this week in Nairobi by a militant group from Somalia serves as a reminder of the threats emanating from the war-torn East African country

Sept. 26 (Bloomberg) — Maersk Line, the container unit of A.P. Moeller-Maersk A/S, said annual growth in the industry may be as low as 3 percent, forcing

Sept. 26 (Bloomberg) — Prosafe SE, a supplier of floating accommodation units for the offshore oil and gas industry, rose the most on the Oslo stock