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The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second

The U.S. may ban ships from entering Nigeria to protest insecurity in the ports and waterways of sub- Saharan Africa’s second-biggest

Two years after Tim Taylor and Christine Dennison put up $750,000 to find and document the R-12, and 70 years after the vessel sank, the two explorers are

(Bloomberg) Myanmar’s opening to foreign investment has been compared to the fall of the Berlin Wall and the start of an economic growth story to

(Bloomberg) Charter rates for the largest oil tankers hauling Middle East crude to Asia slid the most since January this week as the supply of cargoes

(Bloomberg) Rates for ships hauling coal and grains posted the longest losing streak on record as the merchant fleet’s largest glut magnified seasonal

Rates to ship iron ore rose by the most in almost a month on speculation demand remains high even as a surplus of vessels keeps earnings below operating

A.P. Moeller-Maersk A/S fell in Copenhagen trading after Jefferies Group LLC said the world’s largest shipping line may report losses at the end of the

Jonathan Mahler is a sports columnist for Bloomberg View. He is the author of the best-selling “Ladies and Gentlemen, the Bronx Is Burning” and

Demand growth in the container- shipping industry probably won’t return to pre-crisis levels in the coming years as the pace of globalization slows,

Rates to ship liquefied natural gas will benefit from the startup of the Angola LNG export facility as vessels dedicated to the project stop competing for spot

June 4 (Bloomberg) — Shipping faces $500 billion in extra costs to meet environmental legislation at a time when a rout in rates has become so severe

Congress will take a close look at the Pentagon’s $34 billion Littoral Combat Ship program and may consider restrictions on the Navy’s $2 billion

By Thomas Black June 3 (Bloomberg) — Boeing Co. expects governments combating pirates and drug runners on the open seas will create a new market for

Navios Maritime Holdings LP is seeking a $250 million term loan to refinance debt and fund the acquisition of new vessels, sources

June 3 (Bloomberg) — A freight trader operating more than 40 vessels offered to lease ships for no charter income and pay toward fuel costs as the

(Bloomberg) The U.S. and Japan called for increased dialogue with China to prevent miscalculations in waterways vital to world trade as territorial

(Bloomberg) Two BP Plc (BP/) well-site leaders who were aboard the Deepwater Horizon drilling rig when an explosion killed 11 workers and triggered the

Iran is storing 30 million barrels of crude at sea as sanctions hinder exports and projects that would allow it to build onshore facilities to hold oil,

(Bloomberg) — Congress should consider slowing funding for the Navy’s Littoral Combat Ship because the Pentagon is buying vessels faster than it