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Thursday, December 1, 2022

Los Angeles Port Chief Sees Labor Deal by Early Next Year

By Sarah McGregor and Matthew Winkler (Bloomberg) — The chief of the busiest US West Coast port expects a new labor contract for dockworkers in the

48 mins ago
Total Views: 78

Wednesday, November 30, 2022
North Atlantic right whale

Wind Projects Off New England Put Endangered Right Whales at Risk, Warns NOAA Scientist

By Jennifer A. Dlouhy (Bloomberg) — Planned wind projects off the New England coast threaten to harm the region’s dwindling population of endangered

21 hours ago
Total Views: 1260

cma cgm logo on a shipping container

CMA CGM Owners Reap $3 Billion Windfall in Hot Market

By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to

November 30, 2022
Total Views: 3088

Tuesday, November 29, 2022

UN Sees ‘Friend-Shoring’ Risks as Global Trading System Faces Headwinds

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

November 29, 2022
Total Views: 756


President Biden Asks Congress for Help to Avoid Rail Strike

By Jordan Fabian, Ian Kullgren and Erik Wasson (Bloomberg) — President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of

November 29, 2022
Total Views: 858

Monday, November 28, 2022
Oil tanker in Ningbo Zhoushan port

Oil Prices Plunge On China Unrest

By Yongchang Chin (Bloomberg) Oil tumbled to the lowest level since December as a wave of unrest in China punished risk assets and clouded the

November 28, 2022
Total Views: 4267

Sunday, November 27, 2022
Ritz Carlton Yacht in Greece
Cruise Ships

Can Money Buy Happiness Aboard A Ritz-Carlton Yacht?

By Fran Golden (Bloomberg) On board a 12-day transatlantic sailing of the new 298-passenger Evrima, which is the first ship from the Ritz-Carlton Yacht

November 27, 2022
Total Views: 5746


Climate Change Is Altering Narwhal Migration Patterns

By Todd Woody (Bloomberg) Scientists have found that narwhals are altering their steadfast migration patterns in response to climate change, offering some hope

November 27, 2022
Total Views: 781

Saturday, November 26, 2022
vinfast electric car ship

Vinfast RoRo Departs Vietnam With eSUVs To Compete With Tesla

By Nguyen Kieu Giang (Bloomberg) VinFast, an electric carmaker backed by Vietnam’s richest man, is shipping its first SUVs to the US, a milestone for parent

November 26, 2022
Total Views: 2226


Oil Freight Boom Makes $1 Million Waiting Bills More Common

By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates

November 26, 2022
Total Views: 3777

Friday, November 25, 2022

Price Cap Halted As Poland Demands Harsher Penalty On Russian Oil

By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal

November 25, 2022
Total Views: 1625

Thursday, November 24, 2022

Vitol Says It Will Keep Buying Russian Oil

By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company

November 24, 2022
Total Views: 1130

Babcock Yard Shed

‘Volatile World’ Boosts Warship Demand Says UK Shipbuilder

By Christopher Jasper (Bloomberg) London based Babcock International Group said it’s in discussions with five countries on three continents regarding orders

November 24, 2022
Total Views: 324

Wednesday, November 23, 2022
Hapag-Lloyd Container-ship BOSTON EXPRESS

Shipping’s Attempt to Hire More Women Runs Into a Male-Dominated Culture

By Brendan Murray (Bloomberg) — People often want to take photos of Taalke Middents on the container vessels she helps helm through ports and passages

November 23, 2022
Total Views: 3638

Tuesday, November 22, 2022
tanker in storm

Soaring Tanker Rates Pile Pressure on Crude Markets

By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are

November 22, 2022
Total Views: 1110

Monday, November 21, 2022
Oil Tanker Bridge

Russia’s War Rewires Global Crude Trade

By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global

November 21, 2022
Total Views: 2836


India’s Oil Buyers Push To Load Russian Crude Before Sanctions

By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new

November 21, 2022
Total Views: 1356

Sunday, November 20, 2022
Oil Tanker Terminal Qingdao Port, China,

Oil Prices Continue To Slide After US Midterm Elections

By Julia Fanzeres (Bloomberg) Oil dropped the most in a week since April as the full weight of languishing Chinese demand and more economic tightening

November 20, 2022
Total Views: 6373

Saturday, November 19, 2022

China’s Nuclear Submarines Now Have ICBMs

By Tony Capaccio (Bloomberg) China has fielded new, longer-range ballistic missiles on its six nuclear-powered submarines, allowing it to hit the continental

November 19, 2022
Total Views: 3244

Tanker Barge on the Hudson River New York

US Gas Prices Fall Everywhere Except New York

Some critics say the Jones Act is to blame for higher gasoline prices in regions of the United States not serviced by pipelines. By Chunzi Xu (Bloomberg)

November 19, 2022
Total Views: 1532