Bloomberg

(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

David Lerman and Nick Taborek (Bloomberg) — Navy Secretary Ray Mabus confronted a tough choice in the competition to develop a small, speedy and

(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, climbed the most in more than 3 ½ years in Oslo after agreeing to

(Bloomberg) — Toyota Motor Corp.’s success in selling Thai-made vehicles to the Middle East and Latin America is fueling a boom for car carriers.

(Bloomberg) — Earnings for Capesize ships, the largest carriers of iron ore and coal, remained at a six-week low as a dearth of cargoes curbed hiring of

(Bloomberg) — Singapore LNG Corp.’s fourth gas storage tank may have 260,000 cubic meters of capacity, enough to fit four A380 jumbo jets, the

(Bloomberg) — Global liquefied natural gas prices on the spot market will enter a bearish cycle from 2016 to 2017 as new supply comes online before Asian

By Margaret Cronin Fisk (Bloomberg) — Transocean Ltd. won court approval of its $1 billion settlement with the U.S. of pollution claims stemming from the

Coal imports into China, the world’s largest consumer of the commodity, are poised to more than double in the next few years as local production falls,

Golden Ocean Group Ltd. climbed to the highest level in almost two years in Oslo trading after the shipping company controlled by billionaire John Fredriksen

By Kasia Klimasinska (Bloomberg) — The fire on Carnival Corp.’s cruise ship Triumph was caused by a leak in a fuel oil return line, the U.S.

CMA CGM SA’s bonds rallied seven times faster than peers in the past week after the third-biggest container line won support from banks to loosen debt