Bloomberg

By Andrew Herndon The U.S. Department of Energy will award as much as $169 million to seven proposed offshore wind projects in six states. The wind farms,

Michelle Wiese Bockmann The Baltic Exchange, the London- based bourse whose data are used to set freight rates for about 75 percent of seaborne trade, said

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5

A new vista is competing with the sun, surf and swimsuits at Rio de Janeiro’s iconic Copacabana and Ipanema beaches: a traffic jam of cargo ships

General Maritime Corp. will place as many as 19 of its tankers in a pool to transport crude for China International United Petroleum & Chemical Co., or

(Bloomberg) — Brazil announced measures to increase private investment in its port system in a bid to boost capacity and reduce transport costs that

(Bloomberg) The liquefied natural gas market may have a surplus of ships in 2014 and 2015 as new vessels join the fleet faster than production plants are

By Marc Levinson (Bloomberg) — Striking clerks at the nation’s largest port complex, in Southern California, agreed to return to work on Dec. 5,

(Bloomberg) — Natural gas exports would have “net economic benefits” for the U.S., according to a study commissioned by the Energy

(Bloomberg) — European energy companies are considering participating in U.S. offshore wind-farm auctions, a sign of increasing confidence in the

Striking clerical workers at the ports of Los Angeles and Long Beach have agreed with management to federal mediation in hopes to put an end to a week long

(Bloomberg) — Chinese fishing vessels accidentally cut the cables of a Vietnam Oil & Gas Group seismic ship doing work in Vietnam-controlled waters

(Bloomberg) — The U.S. is importing the most ethanol in four years after the country’s worst drought in a half century drove corn prices to a

(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

(Bloomberg) — Barge traffic on the Mississippi River will be stalled even if the U.S. Army Corps of Engineers decides next week to release more water

(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher