Bloomberg

Britain awarded BAE Systems and Rolls-Royce Holdings 85 million pounds each to work on a new generation of nuclear submarines, a day after announcing a deal to

By Brendan Murray (Bloomberg) The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65

By Elizabeth Elkin (Bloomberg) Hurricane Ida struck the heart of the U.S. fertilizer industry, and now Storm Nicholas threatens even more damage in the Gulf

By Alex Longley (Bloomberg) An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring

By Elizabeth Low (Bloomberg) Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have

By Vanessa Dezem and Anna Shiryaevskaya (Bloomberg) — Natural gas prices in Europe continued their record-breaking run as uncertainties about supply

By Alex Longley (Bloomberg) In an already banner year for shipping, commodity carriers just saw their biggest daily gain in a decade. Average rates for giant

By Ann Koh (Bloomberg) Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by

By Anna Shiryaevskaya (Bloomberg) –Natural gas prices in the U.K. and the Netherlands soared to record highs as concerns over tight supplies mount while

(Bloomberg) –Shanghai is restarting flights and some container port operations as weakening Typhoon Chanthu heads slowly out to sea. Shanghai’s

By Sheela Tobben (Bloomberg) At least 10 ships set to load crude from Texas ports appeared to be fleeing deeper into the Gulf of Mexico with their tanks empty

By Sharon Cho (Bloomberg) Oil rose to hits highest level in just under six weeks as investors tracked the slow restoration of supplies in the Gulf of Mexico

Zhejiang province upgraded its emergency response to Chanthu to the highest level on Sunday, closing ports as well as suspending air and rail

By Alex Longley (Bloomberg) The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global

By Alex Longley (Bloomberg ) While for many shipping sectors Covid has brought a boom, for oil tankers it has meant loss-making trades for much of 2021 and

By Kevin Varley (Bloomberg) –The number of container ships waiting to enter America’s top three ports has been on a steady rise since July. There were

By Ditas Lopez (Bloomberg) Two of China’s main ports are preparing for the arrival of Super Typhoon Chanthu, which was dumping heavy rain on the north of the

By Irina Reznik and Elena Mazneva (Bloomberg) — Gazprom PJSC is planning to start flowing natural gas through one of the world’s most controversial

By Stephen Stapczynski and Akshat Rathi (Bloomberg) –Liquefied natural gas shipments tagged “carbon neutral” are gaining popularity among Asian

By Kevin Crowley and Sheela Tobben (Bloomberg) — Just over 20% of U.S. Gulf of Mexico oil and natural gas production is back online after Hurricane Ida