Bloomberg

By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any time in the past decade, reviving the fortunes...

By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...

Oil tanker charter rates skyrocketing in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go. By Joe Carroll (Bloomberg) –Gas stations along the U.S. East Coast...

By Brendan Murray (Bloomberg) Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week amid a steady flow of imports at some of the...

By Ari Natter (Bloomberg) — The leader of the company whose fuel pipeline was paralyzed by a cyber attack warned state officials in a private meeting Monday that supply shortages could...

The ocean-going tanker Pacific Jasper that had been taking gasoline toward the U.S. Gulf stopped on its voyage and is now stationed east of the Bahamas. If the halt is...

By Stephen Stapczynski (Bloomberg) At least two of China’s smaller liquefied natural gas importers have been told to avoid buying new cargoes from Australia, a further example of the impact...

By Sheela Tobben and Jeffrey Bair (Bloomberg) — The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline prices to the highest in seven years as...

By Abdel Latif Wahba (Bloomberg) Egypt offered to reduce claims by a third for compensation from owners of the container ship that blocked the Suez Canal in March, Suez Canal Authority...

Traders are seeking product tankers and barges to deliver gasoline that would have otherwise been shipped on the Colonial pipeline that was crippled by a ransomware attack on Friday. By...

By Nathaniel Bullard (Bloomberg) — Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the...

By Ann Koh (Bloomberg) Hundreds of thousands of seafarers risk being stuck at sea beyond the expiry of their contracts because of India’s surging coronavirus outbreak, according to one of the...

By K. Oanh Ha (Bloomberg) — Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help...

By Eric Martin (Bloomberg) — President Joe Biden’s chief trade negotiator pledged to build off the deal with China reached under Donald Trump and said that tariff removal will depend on...

By Salma El Wardany (Bloomberg) — An Egyptian court upheld a ruling preventing the giant container ship that blocked the Suez Canal from leaving the country, after authorities sought more than...

By Andreo Calonzo (Bloomberg) The Philippines has protested China’s “dangerous maneuver” against its Coast Guard that patrolled and trained last month near a South China Sea shoal, with Manila’s top...

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting...

(Bloomberg) –China has sent its Shandong aircraft carrier for military training in the South China Sea and plans to continue similar exercises, the state-owned Global Times said. The training conducted...

By Admiral James Stavridis (Bloomberg Opinion) Throughout my U.S. Navy career, I loved to operate at sea with the British Royal Navy. U.K. warships were unfailingly well-handled, manned by crisp communicators, and — when...

By Lillianna Byington (Bloomberg Government) — Efforts to revive cruises to Alaska as the pandemic eases have exposed divisions among U.S. lawmakers, with some favoring a new loophole to an existing...