U.S. Energy Exports Show First Surplus Since at Least the 1970s
By Simon Casey (Bloomberg) — Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend,
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Simon Casey (Bloomberg) — Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend,
A tight supply and strong demand for steel in China have led to capesize bulker spot rates rising, but increasingly high shipping and iron-ore costs may choke
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine
By Mohammed Alamin (Bloomberg) Sudan’s state shipping company is considering a Chinese offer to revamp a fleet that’s shrunk to just one boat as the
By Anna Shiryaevskaya (Bloomberg) — A record rally in natural gas prices in Europe doesn’t mean it’s become lucrative to send every available
Tens of thousands of frustrated citizens of nations such as Australia and New Zealand remain stranded overseas and some are starting to sail
By Thomas Black (Bloomberg) The U.S., U.K. and Australia will each begin an 18-month review to identify how best to provide nuclear-submarine capabilities
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
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