Iron Ore Ships Turn to Coal to Survive China’s Slump
By Ann Koh and Liz Ng (Bloomberg) — Cargo ships suffering from weak Chinese demand for iron ore are finding a more lucrative alternative as the
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
By Ann Koh and Liz Ng (Bloomberg) — Cargo ships suffering from weak Chinese demand for iron ore are finding a more lucrative alternative as the
By William Mathis (Bloomberg) — UK offshore wind farm investment will be at risk if any windfall tax imposed on renewable producers is too severe,
By Alex Longley and Elina Ganatra (Bloomberg) — Oil tankers hauling fuels like gasoline and diesel are poised for their biggest demand surge in three
By Elina Ganatra and Julian Lee (Bloomberg) Russia sent its second-ever crude oil shipment east through the Arctic Circle toward China, a route that could one
By Todd Woody (Bloomberg) — As world leaders gather at the United Nations climate summit in Egypt this week, another international meeting is
By Bloomberg News (Bloomberg) — China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a
By Graham Starr (Bloomberg) –Royal Caribbean Cruises Ltd. said occupancy has rebounded to pre-pandemic levels, with bookings running higher than the
By Gaspard Sebag and Stephanie Baker (Bloomberg) –A Spanish court moved to seize a superyacht valued at $140 million that’s linked to a senior
By Jack Farchy, Ben Bartenstein and Archie Hunter (Bloomberg) –A trading house that owns part of a stake in Russia’s flagship oil project said its
By Jen Skerritt (Bloomberg) — Thousands of tons of wheat and canola is stranded in Canada after rain has hampered deliveries at the country’s largest
By Philip J. Heijmans (Bloomberg) — The US Department of State on Thursday issued a $5 million bounty for information on a Singaporean businessman who
(Bloomberg) — Abu Dhabi’s main energy company has hired Citigroup Inc., JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to work on potentially
By Fergal O’Brien (Bloomberg) — One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying
By Josh Saul and Will Wade (Bloomberg) — Plans for massive offshore wind farms that President Joe Biden hopes will power as many as 10 million American
By Áine Quinn (Bloomberg) — Grain markets steadied on Tuesday, with farmers and traders on alert for Russia’s next moves as ships continue to move
By Michael Hirtzer (Bloomberg) — The shrinking Mississippi River has hobbled the most efficient channel for moving US soybeans onto world markets,
By Megan Durisin, Áine Quinn and Daryna Krasnolutska (Bloomberg) — Wheat prices soared after Russia suspended a deal guaranteeing safe passage of
By William Clowes (Bloomberg) –Nigeria plans to auction deep offshore oil and gas licenses for the first time in 15 years, according to a senior
By Petra Sorge (Bloomberg) Germany’s first and only private Floating Storage Regasification Unit in Lubmin is fully booked for years ahead and is
During their last quarterly update Overseas Tanker Corp ($OSG) discussed the growth of a new cargo segment for oil tankers: renewable diesel. Could chemical
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