OPEC+ Agrees to Deeper Supply Cuts
By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in
By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially
By Jack Wittels (Bloomberg) — The cost of shipping fuels such as diesel across the Atlantic has soared to an almost 16-month high amid ongoing
By Sudhi Ranjan Sen (Bloomberg) India is set to add another aircraft carrier to its fleet worth almost 400 billion rupees ($4.8 billion) as it seeks to
By Alex Longley (Bloomberg) — A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US
By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re
By Bloomberg News (Bloomberg) — A Black Sea storm halted loadings of crude and grains from key ports in Russia and Ukraine and left more than a million
By Alex Longley (Bloomberg) — The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which
By Manolo Serapio Jr. (Bloomberg) –The Philippines and Australia kicked off their first joint maritime patrols on Saturday, days after the Southeast
By Ruth Olurounbi (Bloomberg) — Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a
By Anna Shiryaevskaya (Bloomberg) — The congestion at Panama Canal could be to Europe’s benefit as US liquefied natural gas supplies will largely
By Jennifer Jacobs (Bloomberg) — The US is reviewing whether to restore the Iranian-backed Houthis to its list of terrorist organizations after rebels
Unless Iran reins in its proxy force, the US and its allies may have to turn to the playbook that defeated piracy off East Africa a decade ago. By James
By Jack Wittels, Yongchang Chin and John Ainger (Bloomberg) — Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next
By Priscila Azevedo Rocha (Bloomberg) — The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change
By Shoko Oda (Bloomberg) — A Israeli-owned ship seized in the Red Sea by Iran-backed Houthi rebels in retaliation for the war in Gaza is raising fears
By Tara Patel and Benoit Berthelot (Bloomberg) –Rodolphe Saade, the billionaire head of the world’s third-largest container line, warned the
By Roxana Tiron (BGOV) and Tony Capaccio (Bloomberg) The US Defense Department failed for the sixth consecutive year to score a clean financial audit, a goal
By James Stavridis (Bloomberg) In my military career, I was frequently deployed on the US Navy’s massive nuclear-powered aircraft carriers
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