News

By Jonathan Browning (Bloomberg) Alisher Usmanov’s superyacht will languish in a dock in Hamburg after its crew and captain walked after European Union and

By Michael Holden (Reuters) – The wreckage of polar explorer Ernest Shackleton’s ship “Endurance,” which was

By Tsuyoshi Inajima (Bloomberg) A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion of Ukraine and the

By Linda Lew (Bloomberg) –Hong Kong’s mortuaries are so overwhelmed they’re deploying mobile refrigeration units to store bodies, as scenes

By Archie Hunter, Rachel Graham and Jack Wittels Mar 5, 2022 (Bloomberg) –A British labor union instructed workers at the Stanlow oil refinery not

By Crispian Balmer (Reuters) – Italian police have seized villas and yachts worth at least 140 million euros ($153 million) from four

By Bloomberg News (Bloomberg) Commodities traders are racing to capture a rare profit from shipping aluminum out of China as the war in Ukraine creates flash

Superyachts of incredible size have become the symbol of oligarch-sized wealth and now, with the Ruble crashing and anti-Russian sanctions proliferating…

By Bryce Baschuk (Bloomberg) Importers from London to Warsaw will soon face higher shipping costs, longer delays and an obstacle course of sanctions to

By Jonathan Saul, Stine Jacobsen and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, March 1 (Reuters) – The world’s three

COPENHAGEN/LONDON, Feb 28 (Reuters) – Ocean Network Express (ONE) on Monday suspended container bookings to and from Russia hours after Maersk

By Koustav Samanta (Reuters) Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies,

By Brendan Murray (Bloomberg) Disruptions in global trade are about to go from bad to worse. With Russia’s invasion of Ukraine early Thursday, energy costs

By Keith Laing and Lillianna Byington (Bloomberg) — Sen. Rick Scott (R-Fla.) has been stalling the nominations of Transportation and Commerce Department

Next Tuesday at the National Press Club in Washington, former US Deputy Secretary of State and the first Director of National Intelligence, John Negroponte

The US containership company Matson, which has been making record profits as freight rates and whose stock hit a new all-time high today, announced it would be

By Verity Ratcliffe (Bloomberg) More ships traversed the Suez Canal in 2021 than ever before despite its temporary blocking by a 400-meter-long vessel and the

by Neil Jerome Morales (Reuters) China will not use its strength to “bully” its smaller neighbors including the Philippines, its foreign minister

By Prejula Prem (Bloomberg) European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap

By Sarah Schiffling (The Conversation) Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we