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Saturday, September 23, 2023
A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko

Russia’s Diesel Exports Ban Is Risky For Moscow And World Alike

By Julian Lee (Bloomberg) –With the northern hemisphere winter approaching and global diesel markets already tight, Russia has banned exports of

September 23, 2023
Total Views: 1899

Friday, September 22, 2023
South America’s Richest Family Doubles Fortune on Shipping Bet Analysts Hated

South America’s Richest Family Doubles Fortune on Shipping Bet Analysts Hated

(Bloomberg) — The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global

September 22, 2023
Total Views: 4174

FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo

US Government Ordered to Expand Gulf of Mexico Oil Auction

(Bloomberg) — A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have

September 22, 2023
Total Views: 4020

Thursday, September 21, 2023
FILE PHOTO: A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, British Columbia, Canada June 7, 2021. REUTERS/Jennifer Gauthier/File Photo

Canada’s Mega Pipeline Promises to Redraw Global Oil Flows

By Lucia Kassai and Robert Tuttle (Bloomberg) — Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next

September 21, 2023
Total Views: 6648

FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS

Fall in Korean Exports Moderates in Hopeful Sign for Economy

(Bloomberg) — South Korea’s trade data indicated the trend toward declining exports moderated further in the first part of September, raising hopes for

September 21, 2023
Total Views: 330

Tuesday, September 19, 2023
Cayman Islands-flagged bulk carrier Puma leaves the sea port of Odesa, amid Russia's attack on Ukraine, in Ukraine September 15, 2023. REUTERS/Stringer

Cargo Ship Loaded With Grain Leaves Ukrainian Black Sea Port

By Áine Quinn and Keira Wright (Bloomberg) — The first grain ship in over two months left one of Ukraine’s Black Sea ports, as Kyiv seeks to defy

September 19, 2023
Total Views: 1894

A Transnet Freight Rail train is seen next to tons of coal mined from the nearby Khanye Colliery mine, at the Bronkhorstspruit station, in Bronkhorstspruit, around 90 kilometres north-east of Johannesburg, South Africa, April 26, 2022. REUTERS/Siphiwe Sibeko

Pressure for Action Grows as South African Ports Firm Flails

(Bloomberg) — Business lobby groups are piling pressure on South Africa’s government to act against the management of state ports and rail operator

September 19, 2023
Total Views: 1226

Monday, September 18, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo

Big Emissions Bills Are Coming for Ships in Europe

(Bloomberg) — Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills. The

September 18, 2023
Total Views: 3883

Sunday, September 17, 2023
U.S. Navy and Royal Australian Navy team up in the South China Sea. Picture taken April 18, 2020. Petty Officer 3rd Class Nicholas Huynh/U.S. Navy/Handout via REUTERS

Philippines Says Japan, Australia Keen On Joint Maritime Patrols

By Ian Sayson Sep 17, 2023 (Bloomberg) –The Philippine armed forces said Japan and Australia “expressed willingness” to take part in joint

September 17, 2023
Total Views: 1852

offshore oil platform california. photo REUTERS/Lucy Nicholson

California Sues Oil Giants Claiming Deception, Climate Harms

By Alicia Diaz (Bloomberg) –California sued major oil companies including Exxon Mobil Corp. and Shell Plc, saying they deceived the public for

September 17, 2023
Total Views: 3301

Port of Durban south africa.File photo: Shutterstock/michaeljung

Transnet CEO Gets Removal Call From Port Of Durban

By Antony Sguazzin (Bloomberg) –The business chamber of Durban, home to Africa’s biggest port, has demanded the removal of top management at

September 17, 2023
Total Views: 8582

Saturday, September 16, 2023
Chinese militia vessels anchored on reef. Picture taken March 7, 2021. Philippine Coast Guard/National Task Force-West Philippine Sea/Handout via REUTERS.

Philippines Sees Resurgence Of Chinese Ships In Disputed Waters

By Ian Sayson Sep 16, 2023 (Bloomberg) –The Philippine armed forces said it’s doubling efforts on maritime surveillance after detecting a

September 16, 2023
Total Views: 13336

A satellite image shows port facilities in the aftermath of the floods in Derna. Photo Maxar?Technologies/Handout via REUTERS.

Libya’s Oil Production Remains Unaffected By Deadly Floods

By Hatem Mohareb (Bloomberg) –Libya’s state oil company said there has been no disruption to crude output following a storm that unleashed deadly

September 16, 2023
Total Views: 752

Friday, September 15, 2023
Singapore's first electric cargo vessel. Photo courtesy of YGT.

Electric Light Cargo Vessel Set for Singapore Launch

By Ram Anand (Bloomberg) — Singapore’s first electric cargo vessel is due to start sea trials and launch in the fourth quarter, according to Yinson

September 15, 2023
Total Views: 2119

Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.

States Beg Biden to Bolster Offshore Wind While Projects Flounder

By Jennifer A. Dlouhy (Bloomberg) — Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid

September 15, 2023
Total Views: 2572

Thursday, September 14, 2023
Cruise Ship’s Grounding Highlights Risk of More Ships in the Arctic

Cruise Ship’s Grounding Highlights Risk of More Ships in the Arctic

By Danielle Bochove and Ragnhildur Sigurdardottir (Bloomberg) — The grounding of a luxury cruise ship off the coast of Greenland on

September 14, 2023
Total Views: 4280

offshore wind turbines rendering

Vattenfall Plans German Offshore Wind Farm After UK Project Exit

(Bloomberg) — Swedish state-owned utility Vattenfall AB is planning further investments in offshore wind energy in Germany, showing confidence in the

September 14, 2023
Total Views: 977

Tuesday, September 12, 2023
MHI Vestas Offshore Wind Turbine

UK’s Offshore Energy Industry Risks Missing Out on 95,000 Jobs

(Bloomberg) — If the UK doesn’t significantly ramp up renewables investment at a time when oil and gas is in decline, as many as 95,000 potential

September 12, 2023
Total Views: 738

Flexport CEO Ryan Petersen at Davos

Petersen Returns to Revive Flexport Profits, Trade-for-All Goals

(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology

September 12, 2023
Total Views: 376

Monday, September 11, 2023
Maersk's first methanol-enabled container vessel is pictured in this handout image obtained by Reuters on August 16, 2023. Maersk/Handout via REUTERS

Maersk Taps Investors for First Dollar-Denominated Green Bond

By Caleb Mutua (Bloomberg) — Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company

September 11, 2023
Total Views: 994


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