Bloomberg

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Thursday, January 14, 2021
Shipping

Pacific Island Nation Says Tanker Used False Flag to Transport Venezuelan Crude

By Lucia Kassai (Bloomberg) — The island nation of Palau says a tanker that recently loaded Venezuelan crude was using a false signal to disguise

January 14, 2021
Total Views: 6700

Wednesday, January 13, 2021
Shipping

Surging Shipping Rates Add New Headwind for the Global Economy

By Enda Curran and Brendan Murray (Bloomberg) — Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on,

January 13, 2021
Total Views: 3245

Offshore

Siemens Partnership to Develop Offshore Wind-to-Hydrogen Prototype

By William Mathis (Bloomberg) — Siemens Gamesa Renewable Energy SA and Siemens Energy AG plan to spend 120 million euros ($146 million) to figure

January 13, 2021
Total Views: 1848

Shipping

LNG Cargo Prices Rising Faster Than Bitcoin

By Anna Shiryaevskaya, Andy Hoffman, Stephen Stapczynski and Sergio Chapa (Bloomberg) — After years building out export capacity and hiring traders,

January 13, 2021
Total Views: 2435

Tuesday, January 12, 2021
Shipping

Asian LNG Breaks $30 Barrier as Cold Makes Traders Scramble

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — North Asia’s liquefied natural gas benchmark rose above $30 per million British Thermal

January 12, 2021
Total Views: 1727

Monday, January 11, 2021
Shipping

World’s Priciest Ships: Winter LNG Boom Sends Charter Rates to Record

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — An unprecedented shortage of liquefied natural gas tankers has made them the most expensive

January 11, 2021
Total Views: 4135

Shipping

U.S. Labels Houthis Terrorists After Attacks on Oil Tankers

By Paul Wallace, Verity Ratcliffe and Mohammed Hatem (Bloomberg) — The U.S. has classified Yemen’s Houthis as a foreign terrorist organization

January 11, 2021
Total Views: 1620

Ports

Freezing Weather Snarls Asian Port, Sending Energy Prices Soaring

By Bloomberg News (Bloomberg) — China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a

January 11, 2021
Total Views: 1890

Shipping

How China Won Trump’s ‘Easy to Win’ Trade War

By Bloomberg News – U.S. President Donald Trump famously tweeted that “trade wars were good, and easy to win” in 2018 as he began to

January 11, 2021
Total Views: 3863

Friday, January 8, 2021
Shipping

Oil Has Best Week in Four Months With Saudi Cut Buoying Prices

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

January 8, 2021
Total Views: 878

Shipping

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new

January 8, 2021
Total Views: 5139

Thursday, January 7, 2021
us oil exports
Shipping

How Exporting the U.S. Shale Boom Changed Oil Markets Forever

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

January 7, 2021
Total Views: 4948

Ports

U.S. Trade Gap Widened to Second-Biggest on Record in November

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than

January 7, 2021
Total Views: 2010

Tuesday, January 5, 2021
Offshore

Oil Tops $50 for First Time Since February

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million

January 5, 2021
Total Views: 1227

Saturday, January 2, 2021
Shipping

The Cleanest Fossil Fuel Is Set for a Post-Pandemic Rebound

By Anna Shiryaevskaya, Stephen Stapczynski and Sergio Chapa (Bloomberg) — Liquefied natural gas traders anticipate a swift demand recovery in 2021 after

January 2, 2021
Total Views: 19543

Thursday, December 31, 2020
Explosive Found on Dynacom Tanker Off Iraq
Shipping

Explosive Found on Dynacom Tanker Off Iraq

By Verity Ratcliffe, Khalid Al-Ansary and Alex Longley (Bloomberg) — An oil tanker off the coast of Iraq discovered an explosive object attached to

December 31, 2020
Total Views: 4060

Wednesday, December 30, 2020
containers at port of los angeles
Shipping

U.S. Saw Record Goods-Trade Gap in November

By Ana Monteiro (Bloomberg) — The U.S. merchandise-trade deficit widened to an all-time high in November as American companies imported a record value

December 30, 2020
Total Views: 883

Tuesday, December 29, 2020
Russia Pushes Ahead on Gas Link to Europe Before U.S. Sanctions
Offshore

Russia Pushes Ahead on Gas Link to Europe Before U.S. Sanctions

By Vanessa Dezem, Daniel Flatley and Dina Khrennikova (Bloomberg) — Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens

December 29, 2020
Total Views: 1643

Losing Bet on Covid Is Changing Oil-Trading Industry Forever
Shipping

Losing Bet on Covid Is Changing Oil-Trading Industry Forever

By Alfred Cang (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand

December 29, 2020
Total Views: 2591

EU Governments Approve Post-Brexit Trade Agreement With U.K.
Shipping

EU Governments Approve Post-Brexit Trade Agreement With U.K.

By Richard Bravo and Maria Tadeo (Bloomberg) — European Union governments formally approved the bloc’s post-Brexit trade accord with the U.K., paving

December 29, 2020
Total Views: 804