Bloomberg

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Wednesday, August 18, 2021
crowley tugs
Offshore

Biden To Resume Selling Offshore Drilling Rights as Appeal Unfolds

By Jennifer A. Dlouhy (Bloomberg) The Biden administration is appealing a federal judge’s ruling against its oil leasing moratorium and deepening government

August 18, 2021
Total Views: 1393

Tuesday, August 17, 2021
oil storage tanks
Offshore

Oil Posts Longest Run of Losses Since March as Recovery Falters

By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data

August 17, 2021
Total Views: 1497

ningbo port congestion
Ports

China Port Congestion Worsens as Ningbo Shuts for Seventh Day

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major

August 17, 2021
Total Views: 2279

Containership Bottleneck Off Southern California Ports Approaches February Record
Ports

Containership Bottleneck Off Southern California Ports Approaches February Record

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,

August 17, 2021
Total Views: 7859

Monday, August 16, 2021
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Supply Chains Are Being Battered by Fresh Covid Surges

By Enda Curran and Michelle Jamrisko (Bloomberg) — Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the

August 16, 2021
Total Views: 1425

Sunday, August 15, 2021
Chevron
News

Chevron Delays Office Return

By Kevin Crowley (Bloomberg) Chevron Corp. is postponing the full return of employees to its headquarters in San Ramon, California, and its largest office in

August 15, 2021
Total Views: 2146

Friday, August 13, 2021
angshan Deep-Water Port
Ports

China’s Partial Port Shutdown Raises Fears of Closures Worldwide

By Joe Deaux and Ann Koh (Bloomberg) — A Covid outbreak that has partially shut one of the world’s busiest container ports

August 13, 2021
Total Views: 2071

bulk carrier ballast water
Shipping

Surging Bulk Shipping ETF Struggles to Get New Cash

By Sam Potter (Bloomberg) — An expensive ETF riding both the commodity boom and the supply-chain chaos is shedding millions in assets, a sign of

August 13, 2021
Total Views: 803

Thursday, August 12, 2021
Car being loaded on shipping containers
Blog

Should You Ship Your Super-Car Via Sea Or Air?

By Hannah Elliott (Bloomberg) The Rimac Nevera is a $2.5 million electric hypercar with 1,914 horsepower and a predicted 0-60mph sprint time, 1.8

August 12, 2021
Total Views: 3343

U.S. Coast Guard seizes drugs
USCG

Drug War At Sea Is Getting BIG

By James Stavridis (Bloomberg Opinion) At a Florida port, the U.S. Coast Guard drops off $1.4 billion worth of cocaine and marijuana seized in the Caribbean

August 12, 2021
Total Views: 1834

Oil tanker in Ningbo Zhoushan port
Shipping

Oil Supertankers in Doldrums With Bunker Costs High

By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia

August 12, 2021
Total Views: 1389

China COVID-19 Port Testing
Ports

China Starts Shutting Down World’s Third-Busiest Port

by James Mayger (Bloomberg) China partly shut the world’s third-busiest container port after a worker became infected with Covid, threatening more

August 12, 2021
Total Views: 16865

Wednesday, August 11, 2021
Restarting Cruises Has Become a Game of ‘Operational Whack-a-Mole’
Cruise Ships

Restarting Cruises Has Become a Game of ‘Operational Whack-a-Mole’

By Fran Golden (Bloomberg) — David Hakimian, 58, an oncologist from the Chicago area, was looking forward to a week of lazy days on Caribbean beaches

August 11, 2021
Total Views: 2342

wind turbine
Offshore

Commodity Inflation Squeezes Profits for Wind Giant Vestas

By William Mathis (Bloomberg) — One of world’s biggest makers of wind turbines cut its outlook for the year, citing commodity inflation and

August 11, 2021
Total Views: 546

Tuesday, August 10, 2021
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Big Oil Squeezes Renewable Energy Profits as Commodities Rally

By William Mathis (Bloomberg) — The world’s largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and

August 10, 2021
Total Views: 1540

A Chinese flag is seen in front of the Friendship bridge over the Yalu River connecting the North Korean town of Sinuiju and Dandong in China
Environment

China Is Redrawing The World’s Energy Map

By Clara Ferreira Marques (Bloomberg Markets) China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for

August 10, 2021
Total Views: 3318

Monday, August 9, 2021
USS Hershel ‘Woody’ Williams at anchor in calm sea and bright clouds
Navy

Navy Sea Base Arrives In Nigeria For Anti-Piracy Push

By Tope Alake (Bloomberg) USS Hershel “Woody” Williams, the first ship permanently assigned to Africa, arrived in Nigeria’s commercial capital city of

August 9, 2021
Total Views: 21531

Sunday, August 8, 2021
Maersk Kentucky Miami
Environment

Maersk Says We Don’t Eat Enough French Fries

By Christian Wienberg (Bloomberg) –A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: there isn’t enough used cooking

August 8, 2021
Total Views: 4447

Friday, August 6, 2021
mercer street damage
Maritime Security

U.S. Cites Conclusive Evidence that Iranian ‘Kamikaze’ Drone Was Used in Tanker Attack

By David Wainer (Bloomberg) — The U.S. cited evidence for the first time Friday to back up its assertion that Iran was behind the deadly drone attack on

August 6, 2021
Total Views: 5759

Ships moored Parana River Port
Shipping

Argentina’s Soybean Super-Highway is Drying Up

By Jonathan Gilbert (Bloomberg) — Snaking its way through thousands of miles of South American rainforest and pampas and past sprawling soybean and corn

August 6, 2021
Total Views: 9619