Kawasaki Heavy’s Merger U-Turn
Kawasaki Heavy Industries fired Satoshi Hasegawa as president and said it ended talks to merge with Mitsui Engineering & Shipbuilding Co., two months after
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Kawasaki Heavy Industries fired Satoshi Hasegawa as president and said it ended talks to merge with Mitsui Engineering & Shipbuilding Co., two months after
Kawasaki Heavy Industries Ltd., Japan’s second-biggest heavy-equipment maker, removed Satoshi Hasegawa as president as it ended merger talks with Mitsui
Spot rates to ship liquefied natural gas will be unprofitable in the next two years as shorter voyages curb demand and new vessels join the fleet, according to
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
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