Bloomberg

Kidnappings of sailors on merchant ships in waters off Nigeria and nearby countries surged in the first half as pirates attacked a broader range of vessels and

July 12 (Bloomberg) — Bookings of the largest oil tankers jumped to the highest for the time of year since at least 2007 as demand for crude cargoes

Nigeria LNG Ltd., Africa’s biggest liquefied natural gas exporter, agreed to pay $140 million in disputed levies to the country’s maritime agency

(Bloomberg) — Cyprus, the Mediterranean island that reported its first offshore natural-gas find in 2011, is studying an expansion of planned export

(Bloomberg) — Brazil’s purchase of the first cargo of liquefied natural gas exported from Angola may signal weaker- than-expected demand for

Rates to ship liquefied natural gas and petroleum products would jump if turmoil in Egypt disrupts the Suez Canal, extending the historical effect on crude-oil

July 11 (Bloomberg) — Fred Olsen Energy ASA, an offshore drilling company, climbed to a five-year high in Oslo as a better-than-estimated performance

(Bloomberg) — China will remove “unreasonable fees” and introduce supportive policies for shipping companies in the second half of the year

July 11 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose to its highest in three months in Copenhagen

July 10 (Bloomberg) — Fred Olsen Energy ASA rose to a six- week high in Oslo ahead of the offshore drilling company’s quarterly results tomorrow,

(Bloomberg) — Royal Dutch Shell Plc unexpectedly named refining boss Ben van Beurden to succeed Chief Executive Officer Peter Voser as Europe’s

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. is in talks with two coastal cities and government departments to secure financial

July 8 (Bloomberg) — West Texas Intermediate crude fluctuated near a 14-month high as U.S. equities climbed while ship traffic in Egypt’s Suez

Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global

The Baltic Dry Index, a measure of commodity-shipping costs, fell for a fourth day, capping the biggest weekly decline since December, as rates declined for

(Bloomberg) — Brazilian billionaire Eike Batista is being asked by advisers to consider shutting down OSX Brasil SA’s shipbuilding business and

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., the nation’s biggest shipyard outside state control, halted share trading today

A.P. Moeller-Maersk A/S and its two main rivals may have their best chance yet to boost profit, say European shipping investors and banks. The key: joining

A plunge in the Indian rupee to near a record is curbing demolition of obsolete merchant vessels, exacerbating a fleet surplus in the maritime industry,

Egypt’s military increased patrols of the Suez Canal, securing the waterway handling about 8 percent of global maritime commerce, as protests escalate