Tankers Round the Cape as Glut Snarls Ports
By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France
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By Brian Wingfield, Jack Wittels and Firat Kayakiran (Bloomberg) — When the supertanker New Vigorous arrived at the port of Antifer in northern France
May 6 (Reuters) – Carnival Corp’s Princess Cruises said on Wednesday its voyages would remain suspended through the end of summer as reduced
By Olivia Raimonde (Bloomberg) — Oil snapped a five-day rally as a persistent supply glut outweighed signs of recovering U.S. fuel demand. Futures in
(Bloomberg) — In Brazil, the world’s top sugar producer, the queue for ships to export the commodity is lengthening in a bullish sign that the biggest
By Paula Seligson, Jonathan Levin and Crystal Tse (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is pledging ships and two islands as part of a plan
By Olivia Raimonde (Bloomberg) — Oil rallied for a fourth day as the pace of stockpile builds at the key U.S. storage hub slowed last week. Futures rose
By Javier Blas (Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy
By Anna Shiryaevskaya (Bloomberg) — As economic lockdowns complicate efforts to bring electricity to every corner of the planet, one company is putting
By Chester Dawson (Bloomberg) — The length of almost two football fields, the cargo ship Jupiter Spirit arrived in Los Angeles’ harbor on April 24
By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From
By Jonathan Levin (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is furloughing about 20% of its workforce through the end of July after the
By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in
By K. Oanh Ha (Bloomberg) — After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so
By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the
By Mike Jeffers (Bloomberg) — Oil fell after the biggest oil ETF said it would sell out of its June WTI futures position as physical oil storage levels
By William Mathis (Bloomberg) — A tidal-stream turbine with a diameter bigger than the length of a tractor trailer was installed in China for a project
By Helen Robertson (Bloomberg) — The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling
By David Wethe and Jeremy Hill (Bloomberg) — Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an
By Stephen Stapczynski (Bloomberg) — Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay
By Olivia Raimonde (Bloomberg) — Oil edged lower for the week after paring losses following the dramatic collapse on Monday that saw prices in New York
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