Tanker Owner Frontline Says Traders Asking for Oil-Storage at Sea Options
By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to
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By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to
Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest container- shipping line, widened a cost-reduction target by $100 million
By Joe Carroll (Bloomberg) — Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel
By Angelina Rascouet and Manisha Jha (Bloomberg) — Demand for oil services is rising in the Middle East even as the rout in crude prices forces
By Jonas Cho Walsgard (Bloomberg) — John Fredriksen, the billionaire who made his fortune investing in crude tankers, said he’s “very
By Justin Fox (Bloomberg View) — Late last year, Nicaraguan authorities said that construction was about to begin on a $50 billion canal connecting the
By Ben Sharples and James Paton (Bloomberg) — The golden age of natural gas lost some of its luster this month. Japan, the world’s biggest buyer
By Saleha Mohsin (Bloomberg) — Norway’s economic growth slowed in the second quarter as plunging crude prices sap investments and drive up
By Michael McDonald (Bloomberg Business) — Deep on the southeastern side of Lake Nicaragua, along a bumpy dirt road that climbs gently through
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. fell to the lowest price in more than 13 years in Seoul trading on
BY Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said 13 executives and advisers have offered to resign as the
By Anna Shiryaevskaya (Bloomberg) — Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd. agreed to jointly market their liquefied natural gas tankers for
By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies
By Bloomberg News (Bloomberg) — The death toll from Wednesday’s blasts at a chemical warehouse in China’s port city of Tianjin has risen to
By Bloomberg News (Bloomberg) — Shipping and logistics companies reported delays and disruptions after the deadly explosion at the Chinese port of
By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices
By Bloomberg News (Bloomberg) — China detained the owners of a hazardous- chemicals storage warehouse rocked by deadly explosions in Tianjin as
BY Steven Church, Tiffany Kary and David Wethe (Bloomberg) — Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the
By Bloomberg News (Bloomberg) — Shipments of oil and iron ore were disrupted at the northern Chinese port of Tianjin after a blast killed at least
By Christian Wienberg (Bloomberg) — Shares in A.P. Moeller-Maersk A/S soared the most since February after the owner of the world’s largest
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