In World With Too Much Crude Oil, Tanker Owners Reap Billion-Dollar Windfall
By Manisha Jha (Bloomberg) — The most destructive oil crash in a generation is giving ship owners a billion-dollar windfall. With the Organization of
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By Manisha Jha (Bloomberg) — The most destructive oil crash in a generation is giving ship owners a billion-dollar windfall. With the Organization of
By Brian K. Sullivan (Bloomberg) — Brace yourself, U.S. South. The Mississippi River is coming, and so are the Arkansas, the Red, the Ohio and the
By Jeff Wilson and Megan Durisin (Bloomberg) — Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel,
By Clement Tan (Bloomberg) — China has approved another strategic restructuring of two state-owned shipping-related conglomerates, the second such move
By Jim Polson and Jonathan N. Crawford (Bloomberg) — An impending flood of U.S. shale gas into the global market stands to lower the price of the heating
By Bloomberg News (Bloomberg) — Beijing suspended gas supplies to some industrial users after liquefied natural gas imports by PetroChina Co. were
By Bloomberg News (Bloomberg) — China fined eight shipping lines 407 million yuan ($63 million) in total after finding them responsible for price
By Yuji Nakamura (Bloomberg) — An armed Chinese government ship was one of three vessels that entered Japan’s territorial waters near disputed islands
By Bloomberg News (Bloomberg) — Chinese investors got their first opportunity to react to a plan for consolidating the nation’s two state-owned
By Paul Tugwell and Georgios Georgiou (Bloomberg) — Cyprus’s target to increase the contribution that shipping makes to its economy by around two
By Dan Murtaugh and Sheela Tobben (Bloomberg) — It took years to lift a ban on most U.S. oil exports. It took a week for the first shipment to
By Kyunghee Park (Bloomberg) — Cosco Corp. Singapore Ltd., the shipbuilding arm of China Ocean Shipping Group, is exploring options to support its
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, further reduced spending plans for this year and 2016 as it
By Tim Loh, Christine Buurma and Harry R. Weber (Bloomberg) — For years, U.S. gas companies looking to export liquefied natural gas dreamed of a booming
By Mark Shenk and Grant Smith (Bloomberg) — Brent crude slumped to the lowest price since mid-2004 amid speculation suppliers from the Middle East to the
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG
By Debjit Chakraborty, Yuji Okada and Serene Cheong (Bloomberg) — In the world’s biggest oil market, buyers have better options than U.S. crude. As the
With the stroke of a pen, President Barack Obama on Friday ended 40 years of U.S. crude oil export limits by signing off on a repeal passed by Congress earlier
By Billy House and Erik Wasson (Bloomberg) — Congress passed a $1.1 trillion spending measure that averts a U.S. government shutdown and ends a 40-
By Tony Capaccio (Bloomberg) — Defense Secretary Ash Carter has ordered U.S. Navy leaders to buy fewer ships so the service can spend more on jets such
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