China Fines Car Carrier Shipping Firms $63 Million for Price Fixing Scheme
By Bloomberg News (Bloomberg) — China fined eight shipping lines 407 million yuan ($63 million) in total after finding them responsible for price
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
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
By Joe Carroll (Bloomberg) — U.S. shale drillers will soon be able to sell their oil all over the world. Too bad no one needs it right now. A
By Andrea Rothman and Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc Chief Executive Officer Warren East culled senior managers including the heads
By Jennifer A. Dlouhy (Bloomberg) — Royal Dutch Shell Plc is fighting to preserve U.S. drilling rights in Arctic waters three months after halting
By Brian Wingfield and Jennifer A. Dlouhy (Bloomberg) — The U.S. is poised to reverse an energy policy that has helped define its relations with the
Update: The Baltic Dry Index slid further Wednesday, closing at 471 points – its new all-time low. By Manisha Jha (Bloomberg) — The shipping
By Bloomberg News (Bloomberg) — China’s biggest shipping reform failed to enthuse investors as two major companies lost more than $850 million in total
Join the 105,860 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 105,860 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up