Adani Companies Report Profits, Easing Market Rout

[ad_1] Shares of some companies owned by India’s Adani Group rallied Tuesday, showing investors had a mixed view of the embattled conglomerate. [ad_2] Source link

Travel Stocks Soar After Pandemic Struggles

[ad_1] Listen to article (2 minutes) The travel industry is making a comeback from Covid-19. Stock prices are going along for the ride. Consumers have flocked to the skies, after…

How Gautam Adani Made (and Could Lose) a $147 Billion Fortune

[ad_1] Listen to article (2 minutes) AHMEDABAD, India—Gautam Adani is ubiquitous in this country. His name is plastered on roadside billboards and on the airports and shipping docks he operates.…

Upstart Indian Shipper Helps Get Russian Oil to Market

[ad_1] World Gatik Ship Management, which took control of 25 tankers after the invasion of Ukraine, now shuttles Russian crude along new trade routes [ad_2] Source link

Russia’s War on Ukraine Changed Global Oil Trade. Here Is What It Looks Like Now.

[ad_1] Listen to article (2 minutes) Russia’s war on Ukraine has redrawn the global oil map, rerouting a fleet of skyscraper-size tankers on longer voyages as they shuttle crude shipments…

Maersk and MSC to End 2M Global Shipping Alliance

[ad_1] The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade…

Russian Ship’s Secretive South Africa Stop Prompts U.S. Questions

[ad_1] World Africa The Lady R and its owner are under Washington sanctions for alleged weapons shipments [ad_2] Source link

German Facility, Built at Breakneck Speed, Accepts Gas Shipment From U.S.

[ad_1] The shipment arrived at the LNG import terminal in the port town of Wilhelmshaven, a facility that was built in less than a year to help Germany avert an…

Shipping Companies Face More Dangerous Shoals

[ad_1] Markets Heard on the Street A price war among shipping giants looks likely in 2023 [ad_2] Source link