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Friday, May 21, 2021
Arctic Superpowers Jostle for Position as Russia Takes on Key Role
Shipping

Arctic Superpowers Jostle for Position as Russia Takes on Key Role

By Laura Millan Lombrana (Bloomberg) — A battle of words between top Russian and U.S. diplomats this week is the latest sign of rising tensions

May 21, 2021
Total Views: 5624

Jag Anand
Shipping

Stranded Australian Coal Cargo Arrives in China After 356 Days at Sea

By Kevin Varley (Bloomberg) — The Jag Anand, stranded off the Chinese coast for 356 days with Australian coal, left the port of Jingtang yesterday after

May 21, 2021
Total Views: 24607

qatar lng ship
Shipping News

Qatar LNG Plans To Flood World Market

By Anna Shiryaevskaya (Bloomberg) The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a

May 21, 2021
Total Views: 10050

Thursday, May 20, 2021
lamu port kenya
Ports

First Ships Dock at Kenya’s New Deepwater Port

By David Herbling (Bloomberg) — Two A.P. Moller-Maersk A/S vessels made maiden calls at Kenya’s new Indian Ocean port which began operating on

May 20, 2021
Total Views: 1718

Wednesday, May 19, 2021
Soeren Skou, CEO Maersk
Shipping

Maersk CEO Says Virtual Capital Markets Day Event May Become New Norm

By Christian Wienberg (Bloomberg) — The world’s largest shipping company may never go back to in-person capital markets days, as the pandemic looks

May 19, 2021
Total Views: 2509

Oil tankers pass through the Strait of Hormuz
Shipping

Iran to Start Oil Exports From New Port that Bypasses Strait of Hormuz

By Arsalan Shahla (Bloomberg) — Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks

May 19, 2021
Total Views: 1950

Monday, May 17, 2021
port of los angeles and long beach
Ports

U.S. West Coast Ports Race to Clear Ship Backlog by Peak Season

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials

May 17, 2021
Total Views: 4131

cargo containers
Shipping

India’s COVID Crisis Hits Ports as Risk to Trade Grows

By Krystal Chia and Debjit Chakraborty (Bloomberg) — India’s devastating Covid-19 crisis is threatening operations at some of its biggest

May 17, 2021
Total Views: 935

Friday, May 14, 2021
alaska cruises
Cruise Ships

Cruise Lines Gain as Senate Advances Bill Resuming Alaskan Trips

By Jonathan Levin (Bloomberg) — Cruise-line stocks led by Norwegian Cruise Line Holdings Ltd. climbed Friday after the Senate passed legislation to help

May 14, 2021
Total Views: 1970

Thursday, May 13, 2021
Valero refinery Houston Ship Channel
Shipping

Valero Secures Biden’s First Jones Act Waiver for Foreign Tanker

UPDATE: The Biden administration has issued a second waiver of U.S. shipping requirements as it seeks to get more fuel to the East Coast in the wake of the

May 13, 2021
Total Views: 1520

product tanker
Shipping News

Department of Homeland Security Issues Limited Jones Act Waiver to Foreign Shipping Company

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) — The Biden administration temporarily eased century-old U.S. shipping requirements so a

May 13, 2021
Total Views: 12401

Wednesday, May 12, 2021
colonial pipeline tanks
Offshore

Colonial Pipeline Restarting After Cyberattack

By Mike Jeffers and William Turton (Bloomberg) — The largest gasoline pipeline in America is returning to service, recovering from a cyberattack

May 12, 2021
Total Views: 2884

port of rotterdam
Environment

Netherlands Pledges $2.6 Billion Subsidy to Bury Carbon Under the Sea

By Will Mathis and Akshat Rathi (Bloomberg) — The Dutch government has told a consortium of companies including Royal Dutch Shell Plc and Exxon Mobil

May 12, 2021
Total Views: 2103

Soeren Skou, CEO Maersk
Shipping

Maersk CEO Sees No Real Sign of Inflation Risk in World Economy

By Christian Wienberg (Bloomberg) — The chief executive of the world’s biggest shipping company says he’s not seeing signs of a dangerous resurgence

May 12, 2021
Total Views: 2673

Tuesday, May 11, 2021
Global Commodities Scramble Sends Shipping Prices Soaring
Shipping

Global Commodities Scramble Sends Shipping Prices Soaring

By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any

May 11, 2021
Total Views: 2270

Drone Photo Of A Product Tanker carrying Gasoline.
News

Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages

By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a

May 11, 2021
Total Views: 3012

Monday, May 10, 2021
Colonial Pipeline Holding tanks Dorsey Junction Station
News

U.S. Gas Stations Run Dry As Pipeline Races To Recover From Hacking

Oil tanker charter rates skyrocketing in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go. By Joe Carroll (Bloomberg)

May 10, 2021
Total Views: 1555

port of los angeles
Ports

Parking Lot In The Pacific Persists As Imports Jam U.S. Ports

By Brendan Murray (Bloomberg) Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week amid a steady flow of imports

May 10, 2021
Total Views: 2473

colonial pipeline storage tanks
Shipping

Colonial Pipeline CEO Privately Warns States of Fuel Shortages

By Ari Natter (Bloomberg) — The leader of the company whose fuel pipeline was paralyzed by a cyber attack warned state officials in a private meeting

May 10, 2021
Total Views: 5181

nyc-tanker-ship-konrad
News

Tanker Traders Jockey For Position As Colonial Pipeline Fights Hackers For A Third Day

The ocean-going tanker Pacific Jasper that had been taking gasoline toward the U.S. Gulf stopped on its voyage and is now stationed east of the Bahamas. If the

May 10, 2021
Total Views: 4152