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Wednesday, June 23, 2021
DEEPGREEN Ship Maersk Launcher
Environment

Subsea Mining SPAC’s Rush For Underwater Metals Comes With Deep Risks

By Todd Woody (Bloomberg) –A seabed mining startup, DeepGreen Metals (NYSE SPAC Listing $SOAC) has successfully sold itself to investors as a

June 23, 2021
Total Views: 3087

Elon Musk’s Boring Company Pitching Wider Freight Tunnels for Containers
Shipping

Elon Musk’s Boring Company Pitching Wider Freight Tunnels for Containers

By Sarah McBride (Bloomberg) — Elon Musk’s tunneling startup the Boring Co. is working on much wider tunnels than publicly announced, which

June 23, 2021
Total Views: 5008

Cargo ship Guangdong Port
Ports

Yantian Port Reopens After Covid Crisis

By Kyunghee Park (Bloomberg) –Yantian International Container Terminals, which handles cargo at one of the world’s busiest container ports, will

June 23, 2021
Total Views: 1816

Tuesday, June 22, 2021
Oil tanker in Ningbo Zhoushan port
Offshore

Big Oil CEOs Predict Return of $100 Crude

By Kevin Crowley and Francois de Beaupuy (Bloomberg) — The bosses of some of the world’s biggest oil companies said crude prices are likely to keep

June 22, 2021
Total Views: 3898

Virginia-class submarine
Navy

SNAFU – Over 1,600 Part Failures Aboard US Navy’s $166B Nuclear Submarines

By Tony Capaccio (Bloomberg) The U.S. Navy has swapped more than 1,600 parts among its new Virginia-class submarines since 2013 to ease maintenance bottlenecks

June 22, 2021
Total Views: 19469

Monday, June 21, 2021
Ship Ever Given Desert Sand
Shipping News

Ever Given Case Adjourned By Egyptian Court

By Abdel Latif Wahba and Salma El Wardany (Bloomberg) An Egyptian court adjourned a case over the giant ship that blocked the Suez Canal to allow the

June 21, 2021
Total Views: 4205

containership
Environment

Trafigura Calls on IMO to Up the Pace on CO2 Curbs

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions

June 21, 2021
Total Views: 839

Friday, June 18, 2021
Florida Wins Reprieve From CDC’s Limits on Cruises
Cruise Ships

Florida Wins Reprieve From CDC’s Limits on Cruises

By Jonathan Levin (Bloomberg) — Florida won a temporary freeze on a set of CDC coronavirus rules for the cruise industry, potentially easing the

June 18, 2021
Total Views: 3634

container ship
Environment

Shipping Watchdog’s Plan to Make a Plan to Tackle CO2 Emissions from Ships Confounds Outsiders

By Jack Wittels (Bloomberg) — Under pressure to decarbonize a global shipping industry that emits more CO2 each year than the U.K. and France

June 18, 2021
Total Views: 1702

Thursday, June 17, 2021
cargo ship emissions
Shipping

HFO Getting a Boost From Beijing and Hot Weather

By Elizabeth Low (Bloomberg) — High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use

June 17, 2021
Total Views: 1211

Cargo ship Guangdong Port
Ports

China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos

By Bloomberg News (Bloomberg) — The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery

June 17, 2021
Total Views: 5972

GIULIO_VERNE Power Cable Layer
Engineering News

World’s Longest Subsea Power Cable Sparks Up

By Rachel Morison (Bloomberg) –The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable

June 17, 2021
Total Views: 5211

Wednesday, June 16, 2021
johan sverdrup offshore field
Offshore

Norwegian Oil Field Tests Market for Greener Crude

By Andy Hoffman (Bloomberg) — Lundin Energy AB will neutralize its share of direct emissions from the Johan Sverdrup offshore field in Norway, a first

June 16, 2021
Total Views: 1337

new-lcac-101-usmc-navy
Navy

New USMC Hovercraft Costs Skyrocket

By Tony Capaccio (Bloomberg) Textron’s $TXT construction of a new hovercraft for the U.S. Marine Corps, which had been plagued by propeller cracks, gear

June 16, 2021
Total Views: 5489

Tuesday, June 15, 2021
ocean cleanup project
Environment

Drone Navy Is Rising Against Ocean Plastics

By Laura Millan Lombrana (Bloomberg) Floating drones inspired by whale sharks and four-wheeled robots that resemble the Mars rover are among the latest

June 15, 2021
Total Views: 3637

Offshore Driller Transocean to Sell Shares Amid Meme Stock Frenzy
Offshore

Offshore Driller Transocean to Sell Shares Amid Meme Stock Frenzy

By Allison McNeely (Bloomberg) — Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock

June 15, 2021
Total Views: 6615

zim containership
Shipping

Deutsche Bank Set to Reap $1 Billion on Trader’s ZIM Bet

By Irene García Pérez and Luca Casiraghi (Bloomberg) — Mark Spehn couldn’t join billionaire Idan Ofer at his seaside villa north of Tel Aviv for a

June 15, 2021
Total Views: 2553

Monday, June 14, 2021
Cargo ship Guangdong Port
Ports

Yantian Port Problems Creating ‘Unprecedented’ Supply Chain Disruption

By Mike Wackett (The Loadstar) – Shippers are facing a perfect storm as the logistics industry has entered an “an era of unprecedented disruption”,

June 14, 2021
Total Views: 5882

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

Orsted Comes Up with Plan to Fix Damaged Wind-Power Cables on Sea Floor

By William Mathis (Bloomberg) — The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive

June 14, 2021
Total Views: 3214

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys
Shipping

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

By Alex Longley, Catherine Bosley and Deirdre Hipwell (Bloomberg) — The skyrocketing price of shipping goods across the globe may hit your

June 14, 2021
Total Views: 13410