Bloomberg

Aug. 13 (Bloomberg) — The biggest advance since 2010 in the price of secondhand commodity carriers is boosting ship owners from Golden Ocean Group Ltd.

Aug. 13 (Bloomberg) — The seaborne iron ore market is poised for at least four years of expanding gluts as producers from Rio Tinto Group to Vale SA

Aug. 12 (Bloomberg) — McDermott International Inc. is so beaten down that buyers can snap up the offshore oilfield- construction company and its fleet at

Aug. 12 (Bloomberg) — China grew into the world’s leading shipbuilder over the last decade as hundreds of private yards opened to compete with

Aug. 8 (Bloomberg) — Vale SA, the biggest iron-ore producer, forecasts the steel-making ingredient’s main buyer China will increase steel output

Aug. 9 (Bloomberg) — China will surpass the U.S. by October to become the world’s biggest net oil importer on a monthly basis, the Energy

Aug. 9 (Bloomberg) — OAO Novatek, Russia’s second-biggest natural-gas producer, rose the most in five weeks in Moscow trading after earnings beat

Aug. 8 (Bloomberg) — BP Plc, ConocoPhillips and Statoil ASA are among oil explorers investing at least $3 billion in wells off Angola next year in the

Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions

Aug. 8 (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, said development of deepsea Brazilian oil and Australian gas will boost

Aug. 7 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, posted a second-quarter profit after running its vessels more

Aug. 7 (Bloomberg) — Yemen’s government said it uncovered an al-Qaeda plot to seize port facilities in the volatile southeastern province of

Aug. 7 (Bloomberg) — Hapag-Lloyd AG cut costs amid falling fuel prices to deliver a profit in the second-quarter as Europe’s fourth-largest

Aug. 7 (Bloomberg) — China widened its lead over South Korea as the world’s biggest shipbuilding nation as state-backed yards won contracts for

(Bloomberg) — The biggest slump in tanker rates since January is signaling weaker U.S. oil imports and spurring analysts to predict a 15-year low for

(Bloomberg) Awilco LNG ASA, the Norwegian owner and operator of liquefied natural gas vessels, rose the most in more than two months after a deal with Teekay

Aug. 5 (Bloomberg) — China issued a three-year plan to urge financial institutions to support its troubled shipbuilding industry, the world’s

Aug. 2 (Bloomberg) — German rail operator Deutsche Bahn AG started another direct train link on the China to Europe trade route, extending its reach into

Aug. 2 (Bloomberg) — Inmarsat Plc, the largest provider of maritime satellite services, rose the most in a year after forging a distribution partnership

July 31 (Bloomberg) — IDA Ireland, charged with winning overseas investment for the country, is backing plans to develop a shipping-finance center in