The foray of private equity groups in the shipping industry has been a focal point of discussion in industry forums, ever since the high-profile investments by celebrated investor Wilbur Ross...

Shares of liquefied gas carrier Navigator Holdings Ltd, controlled by billionaire investor Wilbur Ross, rose as much as 11 percent in their debut, valuing the company at about $1.15 billion.

The liquefied gas carrier Navigator Holdings Ltd, controlled by billionaire investor Wilbur Ross, raised $228 million after its initial public offering was priced at $19 per share, the higher end of its expected range.

Blackstone Group LP, the world’s largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen are amassing tanker fleets to tap America’s surging fuel exports.

Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market overcome the excess of carriers that led to...

Wilbur Ross said he intends to add to his shipping investments as slowing growth of the merchant fleet spurs an industry recovery as soon as next year.

March 28 (Bloomberg) — Billionaire investor Wilbur Ross Jr. said he’s prepared to invest $1 billion more in the shipping industry, increasing his bet on distressed transportation assets to $2.5...

By Sabrina Willmer and Devin Banerjee March 13 (Bloomberg) — Wilbur Ross Jr. is seeking $500 million for a new private-equity fund that will buy distressed shipping and other transportation...

Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented vessels and unprofitable trade routes. Cia. Sud Americana de Vapores...