Bloomberg

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

By Paul Burkhardt (Bloomberg) — The Port of Cape Town was urged to do better by the city that surrounds it after ranking last globally, even as South

(Bloomberg) — If there was a universal theme at the parties, presentations and meetings in the world’s shipping capital Athens this week, it’s that

(Bloomberg) — The US and its allies are raising the stakes in their struggle to curb ship attacks by Houthi militants in the Red Sea by increasingly

(Bloomberg) — Russia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude prices rose and the nation adapted to

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than

(Bloomberg) — Under pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes of crude in the Mediterranean sea, a

(Bloomberg) — Sandwiched between the world’s great global powers in a time of deepening global tensions, Greek shipowners are still finding a way to

By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last

By Philip J. Heijmans, Peter Martin and Josh Xiao Jun 2, 2024 (Bloomberg) –Global defense leaders descending on Singapore this weekend confronted

by Admiral James Stavridis (Bloomberg Opinion) My first job after graduating from the US Naval Academy in the late 1970s was as the anti-submarine warfare

(Bloomberg) — Houthi militants said the US and UK killed at least 16 people with airstrikes on Yemen on Thursday, in the deadliest assault on the group

(Bloomberg) — Water temperatures across the Gulf of Mexico have reached or exceeded levels usually found in August when the region is at its

By Tony Capaccio (Bloomberg) — The US Navy mishandled oversight of a $22 billion frigate program to replace the much-criticized and more vulnerable

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current