Supertanker Pays Record $4.6 Million to Skip Panama Canal Line
An empty gas supertanker paid a record $4.6 million to skip the line at the Panama Canal next week as the Iran war and an intensifying El Niño upend global
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An empty gas supertanker paid a record $4.6 million to skip the line at the Panama Canal next week as the Iran war and an intensifying El Niño upend global
President Donald Trump ordered the Navy to return to using steam catapults to launch planes off of aircraft carriers, acting on a longtime complaint despite
South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to
(Bloomberg) — Freight costs for oil tankers shipping crude from the Black Sea to the Mediterranean have risen to a record after a flurry of drone
Abu Dhabi National Oil Co.’s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to
President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their positions in deadlocked
By Lucia Kassai and Ruth Liao (Bloomberg) — A container ship paid $4 million to cut the line at the Panama Canal, where wait times are stretching more
Water levels on the Rhine river are dwindling further, with no relief in sight, forcing companies that rely on the waterway to adjust rapidly to keep goods
US President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncing that the Islamic Republic must
Black Sea grain exports are facing fresh constraints as record-low Danube levels restrict flows through Romania just as escalating Russian strikes
Black Sea grain exports are facing fresh constraints as record-low Danube levels restrict flows through Romania just as escalating Russian strikes
By Patrick Sykes Aug 9, 2026 (Bloomberg) –Turkey resumed allowing ships to transit its straits on the way to the Black Sea, following unexplained
By Patrick Sykes and Weilun Soon Aug 8, 2026 (Bloomberg) –Turkey is restricting commercial ship traffic into the Black Sea, according to people
(Bloomberg) — Iranian lawmakers are debating the wording of a proposed deal with Oman on the Strait of Hormuz, with US President Donald Trump insisting
The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left
Germany’s economy is being threatened by a chronic lack of water in the Rhine, according to Transport Minister Steffen
The wait for an Iran-Oman deal that partially reopens the Strait of Hormuz continued into Thursday, after the Islamic Republic said an agreement on proposed
Europe’s first meaningful rains in weeks are unlikely to be widespread or sustained enough to quickly raise critically-low river levels, prolonging costly
A growing flotilla of Iranian oil tankers is gathering off the country’s coast, a sign the renewed US naval blockade is disrupting Tehran’s energy exports
Oil production in Brazil reached a record high in June as rising supplies from producers a world away from the Middle East cushion disruption from the fallout
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