Bloomberg

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Tuesday, April 27, 2021
port of montreal strike
Ports

Trudeau Tries To Force Montreal Dock Workers To End Strike

By Sandrine Rastello (Bloomberg) Canada is planning legislation to end a general strike at the Port of Montreal that’s bound to worsen congestion at other

April 27, 2021
Total Views: 2049

Monday, April 26, 2021
bulk-ship-loading-grain
Finance

Agriculture Prices Soar Alongside Bulkship Rates

The Baltic Dry Index and bulk ship rates are soaring along with related ETFs. One reason might be a surge in global wheat, corn, and soybean prices alongside

April 26, 2021
Total Views: 2535

copper smelter in Chile
Ports

Bulk Copper Prices Soar During Chile Port Strike

In Chile, a group of port workers this week began protests against the government’s pandemic relief policies, threatening near-term supplies and contributing

April 26, 2021
Total Views: 1372

china navy ships
Defense

China Commissions New Navy Warships

By Bloomberg News (Bloomberg) — China deployed its first advanced amphibious assault ship and two other new vessels in a commissioning ceremony attended

April 26, 2021
Total Views: 3815

Friday, April 23, 2021
indonesia missing submarine
Incidents

Missing Indonesian Submarine Was Old And Overloaded

By Ann Koh and Arys Aditya (Bloomberg) The Indonesian navy’s missing submarine may have been too old and overloaded when it embarked on a military exercise

April 23, 2021
Total Views: 25982

president biden at climate summate
Environment

Biden Calls for Fourth Industrial Revolution: Climate Summit Updates

By Bloomberg News (Bloomberg) — Day two of President Joe Biden’s international climate summit concluded on Friday. Biden pledged during the first

April 23, 2021
Total Views: 1304

Thursday, April 22, 2021
Carbfix plant
Shipping

Icelandic Startup Seeks to Turn European Carbon into Rock

By Ragnhildur Sigurdardottir (Bloomberg) — European polluters will soon be able to ship their carbon emissions to Iceland to be turned into stone in the

April 22, 2021
Total Views: 3104

President Biden
Environment

Biden Rejoins Climate Fight, Vows Aid as Poor Nations Make Pleas

By Jennifer Epstein and Jennifer A. Dlouhy (Bloomberg) — President Joe Biden brought the U.S. back into the global fight against climate change on

April 22, 2021
Total Views: 615

Tuesday, April 20, 2021
houston ship channel
Offshore

Legendary Natural Gas Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s

April 20, 2021
Total Views: 5370

vlcc tanker
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below

April 20, 2021
Total Views: 1538

China Fishing Vessels On Whitsun Reef,
Navy

Philippines Will Not Confront China’s Maritime Militia

By Andreo Calonzo (Bloomberg) Philippine President Rodrigo Duterte said challenging China in the South China Sea will only lead to violence, and that he

April 20, 2021
Total Views: 6405

Monday, April 19, 2021
Port of Oakland
Ports

West Coast Port Congestion Spreads North to Oakland

By Brendan Murray (Bloomberg) — Los Angeles port officials see progress in reducing their bottleneck of cargo ships. Sail north to Oakland, though, and

April 19, 2021
Total Views: 6337

Friday, April 16, 2021
tanker AQUASURAZO
Shipping

Canadian Crude Shipped from Newfoundland to U.S. West Coast in Unusual Demand Shift

By Sheela Tobben and Lucia Kassai (Bloomberg) — Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the

April 16, 2021
Total Views: 26887

Thursday, April 15, 2021
mol ship
Shipping

Zero-Carbon Goal Pushes Japan to Bet On Century-Old Technology

By Erica Yokoyama and Tsuyoshi Inajima (Bloomberg) — Some of the biggest industrial companies in Japan are working on a project that could trigger a

April 15, 2021
Total Views: 4241

Tuesday, April 13, 2021
Ocergy floating wind illustration
Offshore

Chevron Wades Into Offshore Wind for First Time

By Josh Saul and Kevin Crowley (Bloomberg) — Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development

April 13, 2021
Total Views: 1440

Port of Montreal
Ports

Partial Strike at Port of Montreal Sparks Fears of More Congestion

By Marcy Nicholson and Sandrine Rastello (Bloomberg) — A partial strike scheduled to start Wednesday by Port of Montreal dockworkers threatens to

April 13, 2021
Total Views: 1665

bulk carrier ballast water
Shipping

Investors Dump Commodities as Supercycle Call Meets Skepticism

By Andres Guerra Luz and Isis Almeida (Bloomberg) — Net bullish wagers on rising commodity prices fell to the lowest since December last week, raising

April 13, 2021
Total Views: 1731

Monday, April 12, 2021
port of los angeles and long beach
Ports

SoCal Port Backlog Continues as Imports Surge Through March

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged

April 12, 2021
Total Views: 4096

Mumbai Maersk Containership
Shipping News

High Shipping Costs Are Here to Stay, Says Bloomberg

By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass

April 12, 2021
Total Views: 4413

Thursday, April 8, 2021
carnival magic in cozumel
Cruise Ships

Fed Up Cruise Lines Ditching U.S. Threatens to Divert Some $56 Billion in Economic Impact

By Fran Golden (Bloomberg) — The U.S. Centers for Disease Control and Prevention offered a rare glimmer of hope for the cruise industry this week,

April 8, 2021
Total Views: 14436