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Wednesday, September 8, 2021
Offshore oil and gas platform
Finance

Neptune Is Said to Consider Merger With Rival Harbour Energy

By Dinesh Nair, Ruth David and Laura Hurst (Bloomberg) — Neptune Energy Group Ltd., the private equity-backed explorer, is considering options

September 8, 2021
Total Views: 670

maersk-triple-e-class-bow
Environment

Maersk And Buffett Invest In Waste-Fuel Startup

By Christian Wienberg (Bloomberg) – A.P. Moller-Maersk has agreed to buy a minority stake in a green-fuel startup backed by Warren Buffett, as the

September 8, 2021
Total Views: 2105

Tuesday, September 7, 2021
auto carrier
Shipping

Cost of Shipping Cars By Sea at a 13-Year High

By Alex Longley and Damian Shepherd (Bloomberg) — The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial

September 7, 2021
Total Views: 3194

Monday, September 6, 2021
Belize Wins First Step Toward an Ocean-Friendly Restructuring
Finance

Belize Wins First Step Toward an Ocean-Friendly Restructuring

By Sydney Maki (Bloomberg) –Belize struck an agreement in principle with a group of bondholders to buy back its debt at a discount — but with

September 6, 2021
Total Views: 3266

Sunday, September 5, 2021
Oil rigs in the Gulf of Mexico after Hurricane Ida made landfall in Louisiana, in Grand Isle, Louisiana, U.S. August 31, 2021.
Oil Spill

Miles-Long Gulf Oil Spill Investigated by Coast Guard

By Ari Natter (Bloomberg) –Federal authorities are responding to a 14-mile long oil spill in the Gulf of Mexico discovered in the aftermath of

September 5, 2021
Total Views: 2584

Marco Polo Container-ship lighthouse
Ports

America’s Fourth-Largest Container Port Sees Surge In Congestion Spillover

By Kevin Varley (Bloomberg) The number of container ships waiting off the Georgia container port of Savannah increased to 23 on Tuesday, 11 more than the

September 5, 2021
Total Views: 6786

Saturday, September 4, 2021
Talos Files USMCA Dispute Notice Against Mexico Over Zama Field
Offshore

Talos Files USMCA Dispute Notice Against Mexico Over Zama Field

By Max de Haldevang (Bloomberg) –Talos Energy Inc., the U.S. offshore explorer behind Mexico’s largest oil discovery in years, is taking the first

September 4, 2021
Total Views: 1104

Port of New Orleans
Shipping News

Days After Ida, Storm’s True Impact on Energy Sector Emerges

By David Wethe and Sheela Tobben (Bloomberg) — Five days after Hurricane Ida slammed into Louisiana, the true damage to the region’s energy

September 4, 2021
Total Views: 1782

offshore spar
Offshore

Pemex Can’t Afford to Develop the Oil Field It Fought to Control

By Amy Stillman (Bloomberg)–Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the

September 4, 2021
Total Views: 1627

Thursday, September 2, 2021
Legislation Moves Forward To Block Oil Drilling In Most U.S. Waters
News

Legislation Moves Forward To Block Oil Drilling In Most U.S. Waters

By Jennifer A. Dlouhy (Bloomberg) — Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged

September 2, 2021
Total Views: 2915

IMO greenhouse gas emissions
Environment

EU Report Shows Scale Of Shipping’s Harm On Environment

(Bloomberg) –Europe’s first environmental impact assessment for the shipping industry shows the challenge it faces in reaching the goal of climate

September 2, 2021
Total Views: 1135

Wednesday, September 1, 2021
Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub
Ports

Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub

(Bloomberg) –Corn prices in Chicago sank to a seven-week low as broken grain elevators and power outages in the U.S.’s busiest agricultural port raised

September 1, 2021
Total Views: 2741

Tuesday, August 31, 2021
Pusan Newport Container-ship Terminal in Busan
Shipping

Dollar Tree Suffers A Freighter Delay of Two Months For A Single Covid Case

(Bloomberg) — Shipping costs and lag times are wreaking havoc on profit margins at Dollar Tree Inc., which relies on a steady volume of cheap goods to

August 31, 2021
Total Views: 2702

mississippi river shipping
Ports

Hurricane Ida Threatens U.S. Grain Exports If Disruptions Linger

(Bloomberg) —Hurricane Ida is shaking up grain exports in the U.S.’s busiest agricultural port, a problem that could balloon as the nation approaches

August 31, 2021
Total Views: 1080

First Autonomous Cargo Ship Faces Test With 236-Mile Voyage
Ship Design

First Autonomous Cargo Ship Faces Test With 236-Mile Voyage

By River Davis and Tsuyoshi Inajima (Bloomberg) — In just two decades from now, half of all domestic ships plying Japan’s coastal waters may be

August 31, 2021
Total Views: 2606

Monday, August 30, 2021
Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida
Finance

Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors

August 30, 2021
Total Views: 884

One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis
Shipping

One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

By Ann KohAug (Bloomberg) — Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes,

August 30, 2021
Total Views: 7445

Ships Are Diverting From The Mississippi River To Avoid Hurricane Ida’s Wrath
Ports

Ships Are Diverting From The Mississippi River To Avoid Hurricane Ida’s Wrath

By Ann Koh (Bloomberg) — The port of New Orleans has halted container terminal and break-bulk operations as Hurricane Ida lashes the Louisiana coast

August 30, 2021
Total Views: 1648

Sunday, August 29, 2021
mississippi shipping
Marine Weather

Mississippi River Is Flowing In Reverse As Ida Pushes Inland

By Sergio Chapa (Bloomberg) — The Mississippi River is flowing in reverse in southeastern Louisiana as Hurricane Ida forces vast volumes of sea

August 29, 2021
Total Views: 4126

cargo ships in rio de janeiro
Ports

Beef Accumulating In Ports Due To Lack of Refrigerated Containers

By Ken Parks (Bloomberg) –Global shipping disruptions and drought-stricken rivers in the heart of South America threaten to pinch meat exports from

August 29, 2021
Total Views: 2233