Global Crude in Transit Reaches Record 1.24 Billion Barrels as Supply Surges
A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for
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A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for
by Admiral James Stavridis (Bloomberg Opinion) As a retired admiral and former supreme allied commander of the North Atlantic Treaty Organization, I was
By Daniele Lepido and Haze Fan (Bloomberg) The battle between Italian luxury yacht maker Ferretti SpA’s management and its top Chinese investor is once
The world’s shipping regulator postponed a decision on adopting a landmark charge on vessel emissions, a shock move that highlights the Trump
The US made a proposal at talks held by the global shipping regulator to introduce another step in adopting a charge on vessel emissions if countries vote for
Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global maritime carbon tax that has drawn backlash from
The head of the US Southern Command is visiting key Caribbean nations this week, as President Donald Trump’s administration surges forces into the region in
China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant paperwork, and contributing to delays,
Russia’s seaborne crude shipments rose to a 28-month high in the past four weeks, amid rising production and Ukrainian attacks on refineries that are forcing
The world’s shipping regulator is on the verge of green-lighting a global charge on the industry’s emissions, something that has prompted the Trump
Bearish signs are cropping up across the oil market after US President Donald Trump’s latest tariff threats fanned fears of an imminent
Water shortages in South Texas are posing major risks to a fast-growing industrial hub that’s crucial to President Donald Trump’s twin goals of dominating
By Weilun Soon Oct 12, 2025 (Bloomberg) –The European Union and US have squared off over a proposal to slash the global shipping industry’s carbon
By Karl Lester M. Yap Oct 12, 2025 (Bloomberg) –The Philippines accused a Chinese ship of deliberately ramming a government vessel in the disputed
By Laura Curtis and Ruth Liao Oct 10, 2025 (Bloomberg) — The Trump administration scrapped penalties for US liquefied natural gas companies that were
A South African court dismissed a case brought by A.P. Moller-Maersk A/S against a port-expansion deal awarded to a firm headed by Filipino billionaire Enrique
By Weilun Soon and Serene Cheong (Bloomberg) — Some China-bound ships carrying crude oil and other commodities to Asia’s top consumer are facing
Freight rates are likely to see limited impact when the US starts charging Chinese vessels for calling at its ports next week, as shipping firms find several
Shell Plc is preparing to resume preliminary work on a Venezuelan offshore gas field to supply neighboring Trinidad and Tobago, as its confidence grows that
By Jim Wyss and Ruth Liao (Bloomberg) — New Fortress Energy has reached a tentative deal that may allow it to deliver liquefied natural gas to its
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