Heat, Floods, Fires, & New Shipping Lanes: Blame The Jet Stream
By Laura Millan Lombrana (Bloomberg) Devastating floods destroyed towns in Germany and Belgium. A ruthless heatwave broiled the Western U.S. and Canada. Heavy
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
By Laura Millan Lombrana (Bloomberg) Devastating floods destroyed towns in Germany and Belgium. A ruthless heatwave broiled the Western U.S. and Canada. Heavy
By Amy Teibel (Bloomberg) Israel’s new government will reexamine a deal to ship oil from the United Arab Emirates via a top-secret Israeli pipeline
U.S. shipments of liquefied natural gas exceeded Australia’s for the first time ever. By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per
By Felix Njini (Bloomberg) — Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, said it had identified the source of the
By Josh Saul and William Mathis (Bloomberg) — Offshore wind farm developers are finding one more thing in common with the fossil fuel industry:
By Eric Martin and James Mayger (Bloomberg) — China and the U.S. are shipping goods to each other at the briskest pace in years, making the
By David Wainer (Bloomberg) The U.S. and Germany have completed a deal approving completion of the Nord Stream 2 pipeline, effectively ending a longstanding
By Paula Seligson (Bloomberg) — Carnival Corp. is selling $2.4 billion of new junk bonds to refinance debt the cruise ship company took on last year,
By William Mathis (Bloomberg) — BP Plc is facing a test of its green energy strategy as the company makes its latest bid to expand wind power production
By Bloomberg News (Bloomberg) Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring
By Brendan Murray (Bloomberg) The head of one of the largest U.S. gateways for trade said robust demand for imported goods will likely be sustained into
By Marcy Nicholson (Bloomberg) The number of grain-laden rail cars reaching Canada’s biggest port to be loaded on ships have doubled since last week,
By Andrew Janes and Dan Murtaugh (Bloomberg) — Royal Dutch Shell Plc announced late last year it would slash capacity by half at its biggest
By Stephen Stapczynski (Bloomberg) — The world’s biggest project to capture and store carbon dioxide isn’t working like it should, highlighting
By Sybilla Gross (Bloomberg) A second Chinese spy vessel is on track to enter waters off Australia’s northeast coast, adding to Beijing’s surveillance
By Arsalan Shahla (Bloomberg) Iran plans to ship a cargo of oil from a port in the Gulf of Oman next week, its first crude export from outside the
By William Mathis (Bloomberg) — Royal Dutch Shell Plc and Iberdrola SA’s ScottishPower unit are teaming up to bid to build what could be the
By Brendan Murray (Bloomberg) — Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week,
By Michael McDonald (Bloomberg) — The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic.
By Ellen Milligan (Bloomberg) — The owner of the Ever Given, the cargo ship that blocked the Suez Canal for almost a week, hampering global trade
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