Weilun Soon
Reporter, Oil and Shipping at Bloomberg News
Bloomberg Oil and Shipping Reporter 🛢️ 🚢 @business. Ex-@WSJ. DM for tips. Views my own.
Articles
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6 days ago |
bloomberg.com | Joseph Deaux |Ruth Liao |Weilun Soon
Container ships at anchor near the Port of Los Angeles. (Bloomberg) -- The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies. Under a plan put forward by the US Trade Representative on Thursday, all Chinese-built and -owned ships docking in the US would be subject to a fee based on the volume of goods carried, on a per-voyage basis.
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1 week ago |
news.bloombergtax.com | Nicholas Lua |Serene Cheong |Weilun Soon
It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the two heavyweights. The price of propane, a type of liquefied petroleum gas, has plummeted in the US because selling to China, its biggest customer after Japan, is no longer viable.
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1 week ago |
news.bloomberglaw.com | Nicholas Lua |Serene Cheong |Weilun Soon
It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the two heavyweights. The price of propane, a type of liquefied petroleum gas, has plummeted in the US because selling to China, its biggest customer after Japan, is no longer viable.
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1 week ago |
news.nestia.com | Weilun Soon
By: Weilun Soon(Bloomberg) — Singapore’s financial and maritime sectors should expect the Trump administration to ramp up pressure on Iran’s oil industry and on Chinese buyers of the country’s crude, US Treasury officials told bankers and shipping executives during a visit to the city-state late last week.
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1 week ago |
flipboard.com | Nicholas Lua |Serene Cheong |Weilun Soon
NowThese are the key events on day 1,146 of Russia’s war on Ukraine. Here is where things stand on Monday, April 14 : Ukraine’s Air Force said that Russian missiles and guided bombs have once more struck the city of Sumy in northeastern Ukraine. Local officials said the attack struck the city’s …
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RT @bbgoriginals: Donald Trump says he wants to use big fees on Chinese ships to reboot US shipbuilding. China will make more than half of…
🚢Ships are the pillar of global trade, and Trump is unhappy that most of those were made in China. The US wants to revive shipbuilding, but that could take decades. For now, the plan's spooking the market. @LouKCurtis and I explain: @business https://t.co/lvbV6ZNUjZ
RT @journorakesh: A tanker carrying #Russian #crude for state-run @IndianOilcl has been denied entry to a local port due to a lack of prope…