Bloomberg

By Jim Efstathiou Jr. This week’s grounding of a rig off the coast of Alaska adds to a series of mishaps in Royal Dutch Shell Plc’s seven-year

The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

Link: Previous Kulluk Update The U.S. Coast Guard and Royal Dutch Shell Plc were fighting 70 mile-per-hour winds and 40-foot swells as they tried to assess

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in six weeks in Copenhagen trading on bets a deal on the U.S. budget

By Isaac Arnsdorf Accelerating world trade means the merchant fleet will burn the most fuel oil ever in 2013, driving ship owners’ biggest cost to a

By Brooke Sutherland Dockworkers and their employers reached a tentative agreement on royalty payments, averting a strike that would have shut down eastern

By Brooke Sutherland President Barack Obama is facing pressure to intervene and prevent a strike that would gridlock eastern U.S. ports and risk damaging

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

Vitol Group plans to start sales of marine fuel, or bunkers, to a port in southern Malaysia as it seeks to supply ship owners that moved from Singapore, the

China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four

Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

Fincantieri SpA agreed to buy a controlling stake in STX OSV Holdings Ltd., the world’s biggest maker of oil-rig support vessels, for 455 million euros

The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

Chinese port operators agreed to buy a $135 million stake in a Taiwanese container terminal, the second-biggest mainland acquisition on the island, as closer