Oil Freight Boom Makes $1 Million Waiting Bills More Common
By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates
By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal
By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company
By Christopher Jasper (Bloomberg) London based Babcock International Group said it’s in discussions with five countries on three continents regarding orders
By Brendan Murray (Bloomberg) — People often want to take photos of Taalke Middents on the container vessels she helps helm through ports and passages
By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are
By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global
By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new
By Julia Fanzeres (Bloomberg) Oil dropped the most in a week since April as the full weight of languishing Chinese demand and more economic tightening
By Tony Capaccio (Bloomberg) China has fielded new, longer-range ballistic missiles on its six nuclear-powered submarines, allowing it to hit the continental
Some critics say the Jones Act is to blame for higher gasoline prices in regions of the United States not serviced by pipelines. By Chunzi Xu (Bloomberg)
By Leen Al-Rashdan (Bloomberg) — Abu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680 million, its second acquisition this month
By William Mathis (Bloomberg) — The UK’s oil and gas industry warned that an increase in the windfall tax announced on Thursday threatens investment
By William Mathis 2(Bloomberg) — Britain’s renewable power industry will sit down with the Treasury on Friday to air grievances over the UK’s
By Alex Longley, Ugur Yilmaz and Ercan Ersoy (Bloomberg) — Turkey warned the world’s oil shippers they will need to prove they’re insured to cross
By Daniel Avis, Alex Longley and Anthony Di Paola (Bloomberg) — The US said an Iranian drone was probably responsible for an attack on an oil tanker
By Sergio Chapa (Bloomberg) — It’s been eight months since Russia invaded Ukraine, sending global commodity prices soaring and forcing
By Tara Patel (Bloomberg) — French shipping billionaire Rodolphe Saade is seeking more media acquisitions after snapping up a regional newspaper and
(Bloomberg) — The Canadian government’s ability to track foreign vessels through the Arctic is woefully inadequate and the situation may get worse,
By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — A major US liquefied natural gas exporter will likely extend an outage that began in June,
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