Commodities Slump Fueled by Softening Demand From China

A global commodities slump deepened Friday, with oil and iron ore hitting their lowest levels since November on continuing worries about an excess of world-wide supply, as well as concerns over weakening demand in the key China market.

Pasha Hawaii Unveils Order for Two LNG-Fueled Boxships

Honolulu-based shipping company Pasha Hawaii has decided to order two new liquefied natural gas (LNG) fueled containerships, with the option to order two additional vessels, as it narrowed its selection for the construction to two U.S. shipyards.

DSME and ABS Collaborate on First LNG Fueled Drillship

ABS, the leading provider of classification services to the global offshore industry, has entered...