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…
News for the seafarers
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 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 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 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 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 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, 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 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 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 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…