Bloomberg

(Bloomberg) — Deutsche Bank AG and two other German lenders providing about 14 percent of credit to ship owners are forgoing seizing vessels even after

(Bloomberg) — Rising U.S. naphtha exports could displace seaborne trade from the Middle East to boost demand for refined-oil tankers by 0.4 percent for

(Bloomberg) — Cargill Inc., the agricultural trader that accounts for 2 percent of world freight, is ordering new ships in a reversal of a policy against

(Bloomberg) — Brazilian miner Vale SA more than doubled spending on maritime freight in the fourth quarter as it shipped more of the steel-making

  (Bloomberg) — Pacific Basin Shipping Ltd., Hong Kong’s biggest dry-bulk carrier, posted its first annual loss since listing in 2004 after a

(Bloomberg) — Charter rates for Capesize ships, which fell for a 14th session today, may rebound as increased export cargoes from Brazil compensate for

(Bloomberg) — A storm that closed Australian ports handling 43 percent of world iron-exports delayed as many as 74 vessels amid rain that might interrupt

(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, would consider offers for one or both of its two remaining

(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new

(Bloomberg) — Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, agreed to buy LNG assets from Repsol SA for $4.4

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root

(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,

(Bloomberg) — Singapore is the most likely hub for trading liquefied natural gas and reducing the government interference that keeps Asia’s prices

By Isaac Arnsdorf and Rob Sheridan (Bloomberg) — Shipping rates for iron ore are poised to double next quarter as Chinese steelmakers import extra

By Michelle Wiese Bockmann (Bloomberg) — Charters of oil tankers to haul crude to the U.S., the world’s biggest importer, jumped 65 percent during

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by

By Margaret Cronin Fisk (Bloomberg) — BP Plc heads into a sprawling trial Monday over who is liable for the biggest offshore oil spill in U.S. history

By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly

By Rob Sheridan (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, dropped to the lowest level in 15 months in Oslo

By Margaret Cronin Fisk, Jef Feeley and Laurel Brubaker Calkins (Bloomberg) — Halliburton Co. may escape paying billions of dollars in damages for its