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Saturday, July 24, 2021
Heat, Floods, Fires, & New Shipping Lanes: Blame The Jet Stream
Marine 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

July 24, 2021
Total Views: 3585

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

July 23, 2021
Total Views: 5371

Freeport LNG Ship Terminal Texas
Shipping 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

July 23, 2021
Total Views: 2469

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

July 23, 2021
Total Views: 1817

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:

July 22, 2021
Total Views: 1605

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

July 22, 2021
Total Views: 1715

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

July 21, 2021
Total Views: 1569

Carnival Selling $2.4 Billion Bond to Buy Back Costly Debt
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,

July 21, 2021
Total Views: 2257

A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
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

July 21, 2021
Total Views: 523

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

July 20, 2021
Total Views: 4065

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

July 20, 2021
Total Views: 1930

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,

July 20, 2021
Total Views: 1170

Monday, July 19, 2021
Singapore.
Shipping

Singapore Prepares to Swap Oil Hub Status for Greener Future

By Andrew Janes and Dan Murtaugh (Bloomberg) — Royal Dutch Shell Plc announced late last year it would slash capacity by half at its biggest

July 19, 2021
Total Views: 1467

An undated handout photo of the Gorgon LNG project located in Western Australia.
Offshore

Chevron’s Carbon Capture Struggle Shows Big Oil’s Climate Hurdle

By Stephen Stapczynski (Bloomberg) — The world’s biggest project to capture and store carbon dioxide isn’t working like it should, highlighting

July 19, 2021
Total Views: 1401

Sunday, July 18, 2021
navy-manned-MK-38-machine-deck-gun
Navy

China Sends Two Spy Ships To US-Australia Naval Exercise

By Sybilla Gross (Bloomberg) A second Chinese spy vessel is on track to enter waters off Australia’s northeast coast, adding to Beijing’s surveillance

July 18, 2021
Total Views: 5857

Saturday, July 17, 2021
Iran Plans First Oil Export From Gulf of Oman Port Next Week
News

Iran Plans First Oil Export From Gulf of Oman Port Next Week

By Arsalan Shahla (Bloomberg) Iran plans to ship a cargo of oil from a port in the Gulf of Oman next week, its first crude export from outside the

July 17, 2021
Total Views: 2216

Friday, July 16, 2021
wind turbine
Offshore

Shell, Iberdrola Bid to Build World’s Largest Floating Wind Farm

By William Mathis (Bloomberg) — Royal Dutch Shell Plc and Iberdrola SA’s ScottishPower unit are teaming up to bid to build what could be the

July 16, 2021
Total Views: 3499

Thursday, July 15, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens

By Brendan Murray (Bloomberg) — Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week,

July 15, 2021
Total Views: 5124

Wednesday, July 14, 2021
panama canal tonnage record
Shipping

More Panama Canal Transits Highlight Rebounding Global Trade

By Michael McDonald (Bloomberg) — The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic.

July 14, 2021
Total Views: 1427

Tuesday, July 13, 2021
Convoy of ships in the Suez Canal
Shipping

Ever Given’s Owner Braces for ‘Thousands’ of Legal Claims

By Ellen Milligan (Bloomberg) — The owner of the Ever Given, the cargo ship that blocked the Suez Canal for almost a week, hampering global trade

July 13, 2021
Total Views: 6494