Russian Oil Deliveries Keep Getting Cheaper Despite Sanctions
By Alex Longley (Bloomberg) — Group of Seven sanctions aimed at depriving the Kremlin of petrodollars are failing in one of their key objectives:
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Alex Longley (Bloomberg) — Group of Seven sanctions aimed at depriving the Kremlin of petrodollars are failing in one of their key objectives:
By Arsalan Shahla Jul 7, 2024(Bloomberg) –Several people were injured in an accident during repair work on Iran’s Sahand destroyer, the
By Layan Odeh Jul 6, 2024(Bloomberg) –A union representing ship and dock foremen in British Columbia has issued a 72-hour strike notice against DP
By Brian K. Sullivan and Peter Millard (Bloomberg) — Tropical Storm Beryl’s winds weakened as it battered Mexico’s Yucatan Peninsula after leaving a
By Alex Longley and Jack Wittels (Bloomberg) — Some of the world’s biggest oil-hauling supertankers are instead loading up vast volumes of diesel in
By Simon Marks (Bloomberg) — Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups
By Cindy Wang, Yian Lee and Foster Wong (Bloomberg) — China detained a Taiwanese fishing boat and its crew, a move that risks worsening tensions with
By Laurel Chor (Bloomberg) — For almost two years, Robert Brewin collected data from the bow of a superyacht as it sailed pristine waters from the
By Selcan Hacaoglu (Bloomberg) — Turkey, Romania and Bulgaria joined forces to hunt mines in the Black Sea, a move aimed at improving shipping safety
By Eleanor Thornber and Alex Longley (Bloomberg) — A gauge of global sea transport is heading for its biggest annual jump since 2010 after attacks in
By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn
(Bloomberg) — In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow fleet to
(Bloomberg) — Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California
(Bloomberg) — Dozens of US industry associations urged the White House to help restart stalled talks between East and Gulf coast dockworkers and port
By Philip J. Heijmans (Bloomberg) — The latest South China Sea clash saw China’s coast guard wielding axes and a Philippine sailor lose his thumb in
By Marcelo Rochabrun (Bloomberg) — Peru and a Chinese state-owned company resolved a dispute over the business model of a massive $1.3 billion port
(Bloomberg) — Houthi militants are attacking commercial ships off Yemen with increasing — and sometimes deadly — effectiveness, exposing the limits
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
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