Bloomberg

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Saturday, July 31, 2021
Tower Bridge River Thames
Ports

London Invests In Short Sea Distribution

By Brendan Murray (Bloomberg) Cathryn Spain spends most of her workdays motoring up and down the River Thames, a senior harbor master making sure goods flow through the Port of London without...

7 hours ago
Total Views: 539

mercer street
Maritime Security Incidents

US Navy Says Israel-Linked Oil Tanker Was Targeted by Drones

By Patrick Sykes (Bloomberg) U.S. Navy experts believe a drone struck the Mercer Street,oil tanker with links to an Israeli billionaire off Oman this week, the Associated Press reported, citing the...

8 hours ago
Total Views: 672

Thursday, July 29, 2021
port of los angeles and long beach
Ports

Freight Broker CEO Sees Supply Chain Snarls Lasting at Least Through February

By Thomas Black (Bloomberg) — A worsening traffic jam clogging global cargo arteries won’t ease up until after the 2022 Chinese New Year in February, said the head of one of...

July 29, 2021
Total Views: 908

Wednesday, July 28, 2021
Offshore

Interior Secretary Accused of Defying Ruling to Resume Oil and Gas Leasing

By Jennifer A. Dlouhy (Bloomberg) — Six weeks after a federal judge ordered the Biden administration to resume selling oil and gas leases on federal land, there’s no sign it has...

July 28, 2021
Total Views: 2503

Offshore

Offshore Wind Development in U.S. Set to Fall Short of Biden’s 2030 Goal

By William Mathis (Bloomberg) — The plan to rapidly scale up wind farms off the U.S. coast is set to miss President Joe Biden’s 2030 goal by 30%, according to research...

July 28, 2021
Total Views: 479

Monday, July 26, 2021
china port
Ports

Shanghai Mega-Ports Shuttered as Typhoon In-Fa Slams East China

By Bloomberg News (Bloomberg) — Typhoon In-Fa, the powerful storm battering regions around Shanghai, has forced some of the world’s biggest shipping ports to halt operations until at least Tuesday. All...

July 26, 2021
Total Views: 1698

Drillship Offshore Brazil
Offshore

Oil Majors Hunt for One Last Big Discovery Off Brazil

Last year, Brazil was one of the few that raised output, adding more than any other non-OPEC country apart from Norway, and it wants to double crude output by 2030....

July 26, 2021
Total Views: 1019

Sunday, July 25, 2021
Navy

Putin Touts Navy’s New Hypersonic Nuclear Missiles

By Alex Nicholson (Bloomberg) President Vladimir Putin used a Navy Day parade to deliver his latest reminder of Russia’s military muscle, touting the nation’s hypersonic nuclear weapons at a ceremony in...

July 25, 2021
Total Views: 2189

Saturday, July 24, 2021
Weather

Heat, Floods, Fires, & New Shipping Lanes: Blame The Jet Stream

By Laura Millan Lombrana (Bloomberg) Devastating floods destroyed towns in Germany and Belgium. A ruthless heatwave broiled the Western U.S. and Canada. Heavy rains paralyzed a Chinese industrial hub home...

July 24, 2021
Total Views: 3285

Friday, July 23, 2021
tanker in suez canal
News

Top Secret Israeli Oil Pipeline To Bypass Suez Canal

By Amy Teibel (Bloomberg) Israel’s new government will reexamine a deal to ship oil from the United Arab Emirates via a top-secret Israeli pipeline bypassing the Suez Canal, the energy minister...

July 23, 2021
Total Views: 4966

Maritime News

US Takes LNG Export Title From Australia

U.S. shipments of liquefied natural gas exceeded Australia’s for the first time ever. By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per million British thermal units in the U.S....

July 23, 2021
Total Views: 2284

durban port harbor deepening
Ports

Transnet Identifies Source of IT ‘Disruption’ at South African Container Ports

By Felix Njini (Bloomberg) — Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, said it had identified the source of the problem that forced the company to halt operations...

July 23, 2021
Total Views: 1679

Thursday, July 22, 2021
offshore wind farm
Offshore

New Jersey Amps Up Fight Against Beachside Towns Opposed to Offshore Wind

By Josh Saul and William Mathis (Bloomberg) — Offshore wind farm developers are finding one more thing in common with the fossil fuel industry: community backlash on both sides of the...

July 22, 2021
Total Views: 1432

containers
Shipping

Booming US-China Trade Brushes Off Trump Trade War and Pandemic

By Eric Martin and James Mayger (Bloomberg) — China and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship...

July 22, 2021
Total Views: 1587

Wednesday, July 21, 2021
Pipe-laying vessel Akademik Cherskiy
Offshore

U.S. and Germany End Energy Rift With Nord Stream 2 Accord

By David Wainer (Bloomberg) The U.S. and Germany have completed a deal approving completion of the Nord Stream 2 pipeline, effectively ending a longstanding rift over German gas purchases from Russia,...

July 21, 2021
Total Views: 1472

Cruise Ships

Carnival Selling $2.4 Billion Bond to Buy Back Costly Debt

By Paula Seligson (Bloomberg) — Carnival Corp. is selling $2.4 billion of new junk bonds to refinance debt the cruise ship company took on last year, when it was forced to...

July 21, 2021
Total Views: 939

offshore wind farm
Offshore

BP Faces Latest Test for Offshore Wind Push in U.K. Waters

By William Mathis (Bloomberg) — BP Plc is facing a test of its green energy strategy as the company makes its latest bid to expand wind power production off Britain’s coast...

July 21, 2021
Total Views: 471

Tuesday, July 20, 2021
A bunker vessel prepares to supply fuel to Hin Leong's Pu Tuo Shan VLCC supertanker in the waters off Jurong Island in Singapore
Shipping

China Challenges Singapore as Asia’s Top Bunker Supplier

By Bloomberg News (Bloomberg) Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring more ships to its shores following...

July 20, 2021
Total Views: 3726

Marco Polo Container-ship lighthouse
Ports

Port Chief Sees U.S. Import Surge ‘Easily’ Lasting Into 2022

By Brendan Murray (Bloomberg) The head of one of the largest U.S. gateways for trade said robust demand for imported goods will likely be sustained into 2022, as companies scramble to rebuild stockpiles...

July 20, 2021
Total Views: 1726

Port Of Vancouver, Canada
Ports

Grain Trains To Canada’s Port Of Vancouver Recover As Wildfires Rage

By Marcy Nicholson (Bloomberg) The number of grain-laden rail cars reaching Canada’s biggest port to be loaded on ships have doubled since last week, slowly clearing the gridlock caused by wildfires...

July 20, 2021
Total Views: 1034