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Friday, October 22, 2021
containerships anchored off port of los angeles

Containerships Headed for West Coast Poised to Worsen Port Bottleneck

By Kevin Varley (Bloomberg) — The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen. ...

3 mins ago
Total Views: 0

Thursday, October 21, 2021

Biden’s Port Envoy Urges Congress to Act on Infrastructure Bills

By Keith Laing and Josh Wingrove (Bloomberg) — The White House’s point person on ports is urging Congress to wrap negotiations on a $550 billion bipartisan infrastructure bill and roughly $2...

17 hours ago
Total Views: 630


Clock Ticking as Biden Tackles Supply Chain Crisis With Few Tools

By Josh Wingrove, Jill R. Shah and Brendan Case (Bloomberg) — U.S. ports are full of goods, U.S. yards and warehouses are full of goods, hardly anyone wants to drive a...

October 21, 2021
Total Views: 1158

Wednesday, October 20, 2021
qatar lng ship

Gas Squeeze Has India Requesting Cargoes Not Wanted in 2015

By Debjit Chakraborty and Ann Koh (Bloomberg) — The global energy shortage has prompted India to ask Qatar, the world’s biggest supplier of liquefied natural gas, for around 50 cargoes it...

October 20, 2021
Total Views: 2679

mardis gras lng bunkering

Carnival Sells $2 Billion Junk Bond

By Jack Pitcher and Gowri Gurumurthy (Bloomberg) Carnival Corp. sold a junk bond Tuesday that was increased $2 billion, just over a week after the cash-burning cruise operator boosted the...

October 20, 2021
Total Views: 8424

Tuesday, October 19, 2021
durban port harbor deepening
Fire Incidents

Transnet Probes Fires That Ignited South African Ports Last Week

By Felix Njini (Bloomberg) Transnet SOC, South Africa’s state-owned ports and freight-rail company, is investigating the cause of fires that disrupted bulk shipments from the eastern Durban and Richards Bay...

October 19, 2021
Total Views: 1013

Monday, October 18, 2021
offshore wind farm

Total Opens UK Offshore Wind Hub in North Sea Oil and Gas Fiefdom

By Francois de Beaupuy (Bloomberg) — TotalEnergies SE opened an offshore wind hub within its existing center for U.K. North Sea oil and gas, the latest example of fossil-fuel producers shifting...

October 18, 2021
Total Views: 1027


Music, Beer, Wi-Fi At Sea: Managing Morale For Sailors Stuck At Anchor

By Brendan Murray (Bloomberg) Plenty of things might keep container-ship captain Markus Grote up at night while sailing across the ocean, but lately there’s another kind of sinking feeling that...

October 18, 2021
Total Views: 3110

Sunday, October 17, 2021
shipping container

Ship Gridlock Stretches Supply Lines Thin

By Kevin Varley (Bloomberg) Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up...

October 17, 2021
Total Views: 1805

Saturday, October 16, 2021
Sahand Destroyer

Iranian Navy Fends Off Pirate Attack On Oil Tanker

By Arsalan Shahla (Bloomberg) –An Iranian warship foiled a pirate attack against one of the country’s oil vessels in the Gulf of Aden following a “heavy exchange of fire” early Saturday,...

October 16, 2021
Total Views: 2746

Friday, October 15, 2021
port of long beach truck gates

Biden’s Port Crisis Plan Seeks Inland Terminals, More Truckers

By Christopher Palmeri (Bloomberg) — Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply-chain...

October 15, 2021
Total Views: 1040


Containership Traffic Jam in Southeast Asia Worst Since April

By Kevin Varley and Kyunghee Park (Bloomberg) — Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take...

October 15, 2021
Total Views: 4445

Thursday, October 14, 2021

Christmas Toy Shortages Loom as Cargo Clogs Major UK Port

By Siddharth Philip and Deirdre Hipwell (Bloomberg) — Sirens blared as cranes lifted containers from the Ever Genius, a ship stretching four times the width of Buckingham Palace along a berth...

October 14, 2021
Total Views: 1952


Wild Weather Sparks Ship Backlog From Shenzhen to Singapore

By Kyunghee Park and Kevin Varley (Bloomberg) — A tropical storm that’s lashing southern China mixed with Covid-related supply chain snarls is causing a ship backlog from Shenzhen to Singapore, intensifying...

October 14, 2021
Total Views: 1511

Wednesday, October 13, 2021

Biden Confronts Supply Chain Crisis Largely Beyond His Grip

By Jennifer Epstein and Josh Wingrove (Bloomberg) — The Biden administration is trying to relieve supply chain bottlenecks ahead of the U.S. Christmas shopping season, but officials acknowledge their options are...

October 13, 2021
Total Views: 2027

yantian port china

China’s Exports Surged to Record in September as Demand Outweighs Power Crisis

By Bloomberg News (Bloomberg) — China’s exports surged to a new monthly record in September as strong demand ahead of year-end holidays and rising prices outweighed the effect of power shortages...

October 13, 2021
Total Views: 608

Tuesday, October 12, 2021

Maersk Diverts Ships From Busy U.K. Ports Short on Truckers

By Brendan Murray and Siddharth Philip (Bloomberg) — A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker...

October 12, 2021
Total Views: 2708

dp world shipping terminal

DP World Pledges $1.7 Billion In African Ports Deal

By Antony Sguazzin (Bloomberg) DP World and CDC Group have formed a partnership to develop ports in Africa and committed to spending $1.72 billion on infrastructure over the next few...

October 12, 2021
Total Views: 946

Tropical Storm Kompasu 2021

Ports Close In China As Tropical Storm Kompasu Nears

The number of vessels waiting to enter one of the world’s busiest ports jumped to the most since August, threatening to further snarl global supply chains as tropical cyclone Kompasu approaches.

October 12, 2021
Total Views: 1520

Monday, October 11, 2021

Shipping’s Future Fuels Could Prove a Lucrative Bet for Investors

By Jack Wittels (Bloomberg) — The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to...

October 11, 2021
Total Views: 1248