Italian Shipbuilder Fincantieri Looks to Slash Leverage in Business Revamp
By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the
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By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the
By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to
By Steven Arons, Áine Quinn and Alex Longley (Bloomberg) — Some of the biggest names in ship reinsurance are days away from ceasing to cover key
By Petra Sorge, Vanessa Dezem and Michael Nienaber (Bloomberg) — Germany’s first liquefied natural gas terminal arrived on the country’s north
By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments
By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid
By Bloomberg News (Bloomberg) — China’s pivot away from Covid Zero is poised to boost natural gas demand in the world’s biggest importer,
By Siddharth Philip (Bloomberg) — The Port of Felixstowe, Britain’s busiest container port, said that over 90% of its workers had agreed to accept a
By Josh Saul (Bloomberg) — A drill as tall as a house stands on the blustery shore of the Atlantic Ocean, digging a tunnel deep under an exclusive New
By Gaspard Sebag (Bloomberg) –Sanctioned Russian billionaire Alexey Kuzmichev has notched up another victory in his fight with French authorities
By Alaric Nightingale (Bloomberg) –Turkish authorities allowed an oil tanker to pass through country’s vital Bosphorus shipping strait, suggesting
By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re
By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already
By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases
(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,
By Ishika Mookerjee (Bloomberg) China’s exports and imports both contracted at steeper paces in November as external demand continued to weaken and a
By Jennifer A. Dlouhy (Bloomberg) — Six companies are still vying for the opportunity to install floating wind turbines off the California coast
By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to
By Skylar Woodhouse and Augusta Saraiva (Bloomberg) — The Port of New York and New Jersey, now the busiest in the US, attributes more than 85% of its
By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is
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