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Bloomberg

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Sunday, December 22, 2024
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Wind Farm Near Martha’s Vineyard Wins Biden Approval

By Jennifer A. Dlouhy Dec 20, 2024 (Bloomberg) –The Interior Department approved the 2.4-gigawatt SouthCoast Wind farm planned near the

5 mins ago
Total Views: 6

Friday, December 20, 2024
MSC ship at Hafen Hamburg terminal
Environment

Imminent EU Climate Rule for Ships Is Set to Add to Fuel Bills

A European Union rule designed to cut greenhouse gas emissions from shipping is about to start adding to the industry’s fuel

December 20, 2024
Total Views: 509

Thursday, December 19, 2024
rongsheng heavy industries shipyard shipbuilding
Shipbuilding

Shipyard Squeeze: Shipping’s $188B Ordering Spree is Overloading Global Capacity

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct

December 19, 2024
Total Views: 1192

German Lawmakers Approve €4.7 Billion Order for Submarines
Defense

German Lawmakers Approve €4.7 Billion Order for Submarines

German lawmakers approved the government’s request for €4.7 billion to buy four additional U212CD submarines from Thyssenkrupp Marine Systems GmbH on top

December 19, 2024
Total Views: 1768

Wednesday, December 18, 2024
Denmark Warns Russia May Send Warships to Escort Oil Tankers
Shipping

Denmark Warns Russia May Send Warships to Escort Oil Tankers

Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against NATO

December 18, 2024
Total Views: 12572

Monday, December 16, 2024
Shipping

Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how

December 16, 2024
Total Views: 1244

Tanker Rates Tumble on Key Route as China Cuts Crude Purchases
Energy

Tanker Rates Tumble on Key Route as China Cuts Crude Purchases

Spot rates for hauling crude on the largest vessels from the Middle East to China, a benchmark route, have sunk by a third this year as demand in the top

December 16, 2024
Total Views: 875

Sunday, December 15, 2024
Testing of a shipping container launching a US Navy missle in the pacific
Defense

US Warship Makes Rare Visit To Cambodia Base At Center Of Feud

By Philip J. Heijmans Dec 13, 2024, 2:04 AM – (Bloomberg) –The US will send a warship to visit a naval base in Cambodia for the first time

December 15, 2024
Total Views: 4422

Friday, December 13, 2024
Indian and US Navy officers walking in dress whites
Defense

Modi’s $6 Billion Submarine Plan Stalls Following Sea Tests

India’s $6 billion plan to build submarines has stalled because of contractor complaints over whether proper procedures were followed during tests at sea,

December 13, 2024
Total Views: 4077

Thursday, December 12, 2024
EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers
Shipping

EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers

The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an exemption for Slovakia to trade

December 12, 2024
Total Views: 650

Wednesday, December 11, 2024
Shipping

Trump Trade War to Hurt US Farmers More as China Turns to Brazil

Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even

December 11, 2024
Total Views: 1720

Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China
Ports

Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China

Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s capital, ending an agreement

December 11, 2024
Total Views: 1807

Tuesday, December 10, 2024
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry

Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build

December 10, 2024
Total Views: 3741

Shipping

Car Carrier Bull Market Seems to Be Fading

Since the pandemic, earnings for ships that move cars across the oceans have soared to record levels, fueled by booming global trade in vehicles. The rally is

December 10, 2024
Total Views: 1188

China CG ship
Defense

Marcos Says Philippines Won’t Send Warships After China Clashes

Philippine President Ferdinand Marcos Jr. said his nation won’t deploy Navy warships to the South China Sea in response to recent clashes with Beijing in

December 10, 2024
Total Views: 1340

Monday, December 9, 2024
oil tanker at sea
Energy

Sanctioned Russia Oil Tanker Turns Back From Detour Around UK

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a

December 9, 2024
Total Views: 4390

Sunday, December 8, 2024
destiney-cruise-ships
Cruise Ships

Disney’s Largest Cruise Ship Targets Asia With Marvel Superheroes

By Adrian Wong (Bloomberg) –Tickets for a voyage on board Walt Disney Co.’s first Asia-based cruise ship go on sale next week, as the

December 8, 2024
Total Views: 1507

Saturday, December 7, 2024
Shipping

EU Reaches Long-Sought Mercosur Trade Deal Over French Objections

The European Union and the South American Mercosur bloc clinched a long-sought trade deal over the vehement objections of France, which has pledged to lead a

December 7, 2024
Total Views: 1730

Friday, December 6, 2024
Canadian flag on the stern of a ship
News

Canada Seeks Stronger US Ties in Arctic to Counter Russia, China

Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy for a

December 6, 2024
Total Views: 788

Thursday, December 5, 2024
FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
News

Oil Patch in Canada Has $24 Billion Shield Against Trump Tariffs

The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance on the

December 5, 2024
Total Views: 1280
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