Bloomberg

(Bloomberg) — Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by

By Rachel Morison and Priscila Azevedo Rocha (Bloomberg) — Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as

(Bloomberg) — DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company

By Brendan Murray and Tara Patel Nov 12, 2023 (Bloomberg) –Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets

By Ruth Liao (Bloomberg) –Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles

By Aliaksandr Kudrytski (Bloomberg) Ukraine said naval drones struck Russian military ships in Crimea overnight in a new attack aimed at disabling

By Tara Patel (Bloomberg) — CMA CGM SA, the world’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels

(Bloomberg) — The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical

(Bloomberg) — A Russian missile strike on a commercial ship at a major Ukrainian Black Sea port is adding to risks for commodity exports just

By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal

(Bloomberg) — The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam

(Bloomberg) — American wheat shipments dropped to the lowest ever, hampered by a shrinking Mississippi River and competition from ample global grain

(Bloomberg) — British Prime Minister Rishi Sunak will this week announce a mandate for annual auctions of new licenses for oil and gas exploration in the

(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by

By Alaric Nightingale (Bloomberg) — Iran’s oil exports dropped for a second month in October, data from a firm that analyzes satellite imagery of

By Bloomberg News Nov 5, 2023, (Bloomberg) —Russia is moving to expand its military presence in eastern Libya, a plan that could lead to a naval

(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in

(Bloomberg) — The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

By Dayanne Sousa and Isis Almeida (Bloomberg) — The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion