Bloomberg

According to Admiral Stavridis, former Supreme Allied Commander of NATO, the Western response to the Red Sea conflict has been “anemic, indecisive, and

By Yongchang Chin (Bloomberg) — The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the

By Simon Marks (Bloomberg) — A naval force deployed by the European Union to protect vessels in the Red Sea needs to more than double in size because of

(Bloomberg) — Three crude oil tankers recently sanctioned by the UK are gathering in the Baltic Sea, where two of them feature in loading programs for

By Alberto Nardelli (Bloomberg) — The European Union has approved a new package of sanctions over Russia’s invasion of Ukraine, seeking to tighten the

(Bloomberg) — The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is

By Bloomberg News (Bloomberg) — Cracks are appearing in the bullish picture for liquefied natural gas demand in China. Global majors like Shell Plc and

(Bloomberg) — The US Navy is boosting its deployment of artificial intelligence that automatically detect targets after successfully testing it on

(Bloomberg) — The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling

By Alex Longley Jun 15, 2024 (Bloomberg) –A ship that was abandoned after being hit by a drone in the Red Sea is slowly taking on water, with two

By Sotiris Nikas and Paul Tugwell (Bloomberg) –Prime Minister Kyriakos Mitsotakis said the time has come to place restrictions on cruise ships

(Bloomberg) — The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with

By Alex Longley (Bloomberg) — It’s “naive” to assume merchant vessels will start sailing through the Red Sea again if there’s an agreement to

By Skylar Woodhouse (Bloomberg) — Around 4 a.m. on March 26, the White House Situation Room notified Chief of Staff Jeff Zients that the unthinkable had

By Alberto Nardelli (Bloomberg) — The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC in a move to limit the

(Bloomberg) — The union representing dockworkers at East and Gulf Coast container ports has suspended labor contract negotiations set for Tuesday, citing

By Julian Lee (Bloomberg) — The first Russian oil tanker attempting to deliver crude while under US sanctions made a secret cargo transfer onto another

By Manolo Serapio Jr. (Bloomberg) –The Philippines said it will continue to maintain and supply its South China Sea outposts without seeking

By Jessica Nix (Bloomberg) –Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard

By Leo Laikola (Bloomberg) –Finland called for the European Union to procure a vessel to be on standby for oil spills in the northern parts of the