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Thursday, December 2, 2021
Transpacific Container Rates Fall to Lowest Since July
Shipping

Transpacific Container Rates Fall to Lowest Since July

By Brendan Murray (Bloomberg) — Ocean freight rates on goods shipped to both major U.S. coasts from Asia fell to the lowest levels since July,

December 2, 2021
Total Views: 2055

Wednesday, December 1, 2021
Stacked containers are shown as ships unload their cargo at the Port of Los Angeles
Shipping

Biden Sees Progress in Supply Crisis Amid Faster Inflation

By Jenny Leonard (Bloomberg) — President Joe Biden said his administration’s work has begun to alleviate supply-chain disruptions and that higher

December 1, 2021
Total Views: 606

maersk ship docking at port of oakland
Shipping

Sailing Towards Record Profits, Maersk Will Give $80 Million to Employees

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping

December 1, 2021
Total Views: 17125

Tuesday, November 30, 2021
Canada’s West Fraser Timber Sees Shipments Slump on British Columbia Floods
Shipping

Canada’s West Fraser Timber Sees Shipments Slump on British Columbia Floods

By Simon Casey (Bloomberg) — West Fraser Timber Co. Ltd., one of Canada’s largest lumber producers, said weekly lumber shipments plunged about 25% to

November 30, 2021
Total Views: 736

Monday, November 29, 2021
Shipping emissions
Environment

Shipping Still Falls Short on Decarbonization After Climate Talks

By Jack Wittels (Bloomberg) — The organization that regulates shipping made little fresh progress toward decarbonizing the industry during a series of

November 29, 2021
Total Views: 579

Reluctant Merchants Are Embracing Amazon’s Chartered Ships This Holiday Season
Shipping

Reluctant Merchants Are Embracing Amazon’s Chartered Ships This Holiday Season

By Matt Day and Spencer Soper (Bloomberg) –Most cargo ships putting into the port of Everett, Washington, brim with cement and

November 29, 2021
Total Views: 15025

Sunday, November 28, 2021
Christophe de margerie
Marine Weather

Europe’s Energy Crisis Is About To Get Worse As Winter Arrives

By Rachel Morison (Bloomberg) –Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most

November 28, 2021
Total Views: 3091

Saudi Prince Announces Oxagon, The World’s Largest Floating Industrial Complex
Ports

Saudi Prince Announces Oxagon, The World’s Largest Floating Industrial Complex

By Vivian Nereim (Bloomberg) –Saudi Arabia’s high-tech “Neom” mega-project plans to expand a tiny local port into a trade and manufacturing

November 28, 2021
Total Views: 8918

Saturday, November 27, 2021
Superyacht Owners Have The Means To Act On Climate Change If They Choose To
Shipbuilding

Superyacht Owners Have The Means To Act On Climate Change If They Choose To

By Thomas Gualtieri Nov 27, 2021 (Bloomberg) –There are some things that even billionaires in their superyachts can’t escape. The floating

November 27, 2021
Total Views: 1944

Friday, November 26, 2021
U.S. Tankers Begin Delivering Fuel To Flood Ravaged British Columbia
Shipping

U.S. Tankers Begin Delivering Fuel To Flood Ravaged British Columbia

By Robert Tuttle and Natalie Obiko Pearson (Bloomberg) –British Columbia has begun receiving U.S. fuel supplies by sea to help ease shortages

November 26, 2021
Total Views: 1866

Wednesday, November 24, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Ports

Major California Ports Continue To Delay Fees For Lingering Containers

By Augusta Saraiva (Bloomberg) –California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for

November 24, 2021
Total Views: 991

Longshoremen China
Shipping

China’s Covid Zero Policy Towards Seafarers Escalates Supply Chain Crisis

By K. Oanh Ha and Jack Wittels (Bloomberg) —China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the

November 24, 2021
Total Views: 2914

Toymaker’s ‘War Room’ Goes 24/7 To Secure Spots On Containers And Ships
Shipping

Toymaker’s ‘War Room’ Goes 24/7 To Secure Spots On Containers And Ships

By Amelia Pollard (Bloomberg) –The journey of Tonka’s Mighty Dump Truck toy from its Asian factory to U.S. stores offers a window into

November 24, 2021
Total Views: 5586

Tuesday, November 23, 2021
Los Angeles and Long Beach Container Dwell Times Rose to Record in October
Ports

Los Angeles and Long Beach Container Dwell Times Rose to Record in October

By Augusta Saraiva (Bloomberg) — The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles

November 23, 2021
Total Views: 843

Biden Orders Release of Strategic Petroleum Reserves in Challenge to OPEC+
Shipping

Biden Orders Release of Strategic Petroleum Reserves in Challenge to OPEC+

By Ari Natter, Jennifer Jacobs, Jennifer A. Dlouhy and Annmarie Hordern (Bloomberg) — The U.S. will release 50 million barrels of crude from its

November 23, 2021
Total Views: 968

Monday, November 22, 2021
MHI Vestas Offshore Wind Turbine
Maritime Security Incidents

Offshore Wind Giant Vestas Hit With Cyber Attack

By Christian Wienberg (Bloomberg) –Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind turbines was

November 22, 2021
Total Views: 3522

Aluminium_bar_surface_etched
Ports

The Strange Story Of A $5B Port Hoard

By Mark Burton and Nguyen Dieu Tu Uyen (Bloomberg) On an industrial port about an hour’s drive toward the South China Sea coast from Ho Chi Minh City sit

November 22, 2021
Total Views: 17385

kmtc container ship Pusan Newport Terminal in Busan
Ports

South Korean Port Exports Make Double-Digit Gains

By Jiyeun Lee (Bloomberg) –South Korea’s exports are poised to extend a run of double-digit gains in November, underpinned by chip and ship sales and

November 22, 2021
Total Views: 648

Sunday, November 21, 2021
France Is Prepared To Help Their Fishermen If They Don’t Obtain Licenses From U.K.
Commercial Fishing

France Is Prepared To Help Their Fishermen If They Don’t Obtain Licenses From U.K.

By Albertina Torsoli (Bloomberg) —France will continue supporting its fishermen as talks with the U.K. on post-Brexit fish licenses drag on,

November 21, 2021
Total Views: 1588

Saturday, November 20, 2021
Port Of Vancouver, Canada
Ports

Port Of Vancouver Which Is Already In A State Of Emergency Braces For More Rain

By Robert Tuttle and Natalie Obiko Pearson (Bloomberg) –Vancouver, Canada’s third-largest city, is bracing for more rain after deadly floods last

November 20, 2021
Total Views: 3971