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Friday, February 26, 2021
Norway Sees Dramatic Drop in Interest for Arctic Oil Exploration
Offshore

Norway Sees Dramatic Drop in Interest for Arctic Oil Exploration

By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing

February 26, 2021
Total Views: 1552

Thursday, February 25, 2021
Offshore oil and gas platform
Offshore

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps

By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading

February 25, 2021
Total Views: 816

Wednesday, February 24, 2021
Oil Hits One-Year High With Market Eyeing Tight Global Supplies
Offshore

Oil Hits One-Year High With Market Eyeing Tight Global Supplies

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global

February 24, 2021
Total Views: 1235

shutterstock_403068616 tanker nigeria
Piracy

Nigeria to Commission Drones, Choppers and Aircraft to Police Pirate-Infested Waters

By William Clowes (Bloomberg) — Nigeria will commission $195 million worth of aircraft, boats and vehicles in the next three months to strengthen

February 24, 2021
Total Views: 2140

container ship
Shipping

International Chamber of Shipping Says Tackling Trade Protectionism Can Lift Post-Covid GDP

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once

February 24, 2021
Total Views: 538

Monday, February 22, 2021
container terminal at port
Shipping

Shipping Snarls Force Global Trading to Look Outside the Box

By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers

February 22, 2021
Total Views: 2199

Friday, February 19, 2021
lng carrier
Ports

No LNG Carriers Loading at Texas Export Terminals

By Sergio Chapa and Michael Tobin (Bloomberg) — Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export

February 19, 2021
Total Views: 2568

Thursday, February 18, 2021
port of los angeles
Ports

U.S. Steps Up Heat on Container Carriers to Ease Port Congestion

By Brendan Murray (Bloomberg) — U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking

February 18, 2021
Total Views: 6939

Port of Los Angeles Will Divert Ships to Battle Covid Container Congestion
Ports

Port of Los Angeles Will Divert Ships to Battle Covid Container Congestion

By Robert Tuttle (Bloomberg) The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the

February 18, 2021
Total Views: 3938

Wednesday, February 17, 2021
A Rarity Among U.S. Ports, Seattle Still Has Room for More Ships
Ports

A Rarity Among U.S. Ports, Seattle Still Has Room for More Ships

By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing

February 17, 2021
Total Views: 2863

Tycoon’s Downfall Pushes Trapped Seafarers to Hunger Strike
Shipping

Tycoon’s Downfall Pushes Trapped Seafarers to Hunger Strike

By K. Oanh Ha (Bloomberg) — When Turkish police arrested shipping magnate Mübariz Mansimov Gurbano?lu at his Istanbul home one Sunday

February 17, 2021
Total Views: 8025

Monday, February 15, 2021
Oil Rallies Past $60 as Winter Blast Hits Texas
Offshore

Oil Rallies Past $60 as Winter Blast Hits Texas

By Sharon Cho and Alex Longley (Bloomberg) — Oil rallied to a 13-month high as freezing weather in Texas disrupted flows from America’s largest shale

February 15, 2021
Total Views: 1446

Thursday, February 11, 2021
offshore wind turbine
Environment

Making Offshore Wind Turbines Greener Could Skyrocket Costs

By Thomas Gualtieri (Bloomberg) The world’s biggest wind turbine manufacturers have committed to eliminating their net emissions of greenhouse gases, but

February 11, 2021
Total Views: 4090

Wednesday, February 10, 2021
Vestas Unveils New 15MW Offshore Wind Turbine as Tall as the Golden Gate Bridge
Offshore

Vestas Unveils New 15MW Offshore Wind Turbine as Tall as the Golden Gate Bridge

By William Mathis (Bloomberg) — Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest

February 10, 2021
Total Views: 7860

Eleonora Maersk Los Angeles Record
Shipping

Maersk Sees Global Shipping Turmoil Calming by Mid-Year

By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent

February 10, 2021
Total Views: 1750

Radiance at Hubbard Glacier - Alaska
Cruise Ships

Canada Bans Cruises Until 2022, Blocking Alaska Trips

By Jonathan Levin and Christopher Palmeri (Bloomberg) — Canada is extending its ban on cruise ships through February 2022 because of Covid-19,

February 10, 2021
Total Views: 5844

Tuesday, February 9, 2021
John S. McCain sails with Nimitz, Theodore Roosevelt Carrier Strike Group. U.S. Navy Photo
Defense

U.S. Aircraft Carriers Conduct Exercise in South China Sea

By Kari Lindberg (Bloomberg) — Two U.S. carriers conducted a military exercise in the South China Sea, signaling that U.S. President Joseph Biden and

February 9, 2021
Total Views: 3552

HMM containership in port
Shipping

HMM Returns to Black for First Time in Five Years

By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its

February 9, 2021
Total Views: 1815

Containership docking Port of Long Beach
Shipping

U.S. Federal Maritime Commission Urges Freight ‘Silos’ to Unite in Crisis

By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key

February 9, 2021
Total Views: 2557

Monday, February 8, 2021
hastings bulk carrier coal ships shipping iron ore newcastle.REUTERS/David Gray
Shipping

China Set to Unload Some Stranded Australian Coal Amid Ban

(Bloomberg) — China plans to allow some stranded Australian coal shipments to unload despite ongoing curbs on imports, a move aimed at showing goodwill

February 8, 2021
Total Views: 3986