US Warships Struggle To Stay At Sea As China’s Fleet Grows

By Tony Capaccio (Bloomberg) US Navy warships have seen fewer days at sea since 2011 because vessels are breaking down more frequently than expected and taking longer to repair, even as…

By Tony Capaccio (Bloomberg) US Navy warships have seen fewer days at sea since 2011 because vessels are breaking down more frequently than expected and taking longer to repair, even as...

Australia Seeks to Boost Hydrogen Exports to EU as Part of Green Push

By John Ainger and Maria Tadeo (Bloomberg) — Australia wants to boost exports of green hydrogen to the European Union as the bloc seeks to cut emissions in its most energy-intensive sectors. “Australia…

By John Ainger and Maria Tadeo (Bloomberg) — Australia wants to boost exports of green hydrogen to the European Union as the bloc seeks to cut emissions in its most energy-intensive sectors. “Australia...

Adani Group Pledges More Shares of Ports Unit on Stock Rout

By P R Sanjai (Bloomberg) — The Adani Group pledged more shares of its ports arm to lenders, reflecting the growing spotlight on the conglomerate’s liquidity amid a short seller attack…

By P R Sanjai (Bloomberg) — The Adani Group pledged more shares of its ports arm to lenders, reflecting the growing spotlight on the conglomerate’s liquidity amid a short seller attack...

Russia’s Oil Cargoes Surge Ahead of EU Import Ban

By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more cargoes onto the water after Germany and…

By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more cargoes onto the water after Germany and...

New York Gasoline Shortage Brews Amid Fallout From EU’s Russia Ban

By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of Russian fuel threatens to choke…

By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of Russian fuel threatens to choke...

European Union to Consider Options to Curb Revenues from Russian Energy Exports

By Ewa Krukowska and Alberto Nardelli (Bloomberg) — The European Union is heading for intense talks in the coming days over how to further curb Russian revenues from exports of oil…

By Ewa Krukowska and Alberto Nardelli (Bloomberg) — The European Union is heading for intense talks in the coming days over how to further curb Russian revenues from exports of oil...

EU Considering $100 Price Cap on Russian Diesel

By Ewa Krukowska, Alberto Nardelli and Jack Wittels (Bloomberg) — The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel — a level…

By Ewa Krukowska, Alberto Nardelli and Jack Wittels (Bloomberg) — The European Union is floating a plan to cap the price of Russian diesel at $100 a barrel — a level...

Freightos to Go Public in a Rare Pandemic-Era Move for Shipping

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry during the pandemic era.  With headquarters in Jerusalem…

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry during the pandemic era.  With headquarters in Jerusalem...

Long Beach Port Chief Expects to Win Back Some Lost Cargo

By Laura Curtis (Bloomberg) — The Port of Long Beach recorded its second-busiest year, despite a sharp drop in the second half as consumer demand eased and the hub lost business…

By Laura Curtis (Bloomberg) — The Port of Long Beach recorded its second-busiest year, despite a sharp drop in the second half as consumer demand eased and the hub lost business...

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last…

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last...