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Wednesday, November 18, 2020
Maersk ship
Shipping

Maersk Starts $1.6 Billion Share Buyback After Guidance Raised

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping

November 18, 2020
Total Views: 1503

Tuesday, November 17, 2020
maersk ship
Shipping

Maersk Raises Guidance Ahead of Earnings Release

By Alastair Reed (Bloomberg) –A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping

November 17, 2020
Total Views: 1844

offshore wind farm
Environment

Boris Johnson Seeks Boost for Northern England With Green Jobs Plan

By Tim Ross (Bloomberg) –Boris Johnson will seek to make good on his promise to boost the economies of neglected regions of the U.K. with investment in

November 17, 2020
Total Views: 715

Monday, November 16, 2020
container shipping
Shipping

Surprise Cargo Surge Could Surpass Last Year’s Holiday Period

By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building

November 16, 2020
Total Views: 455

Friday, November 13, 2020
Iota Becomes 30th Named Storm in 2020’s Historic Hurricane Season
Shipping News

Iota Becomes 30th Named Storm in 2020’s Historic Hurricane Season

By Brian K. Sullivan (Bloomberg) –A system swirling across the central Caribbean has been named Tropical Storm Iota as it heads toward hurricane-ravaged

November 13, 2020
Total Views: 348

Oil tanker in Ningbo Zhoushan port
Shipping

China Oil Giant Unipec Eyes New Supertankers to Shrink Fuel Glut

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

November 13, 2020
Total Views: 815

bulk carrier sunset
Shipping News

China-Australia Spat Strands 400 Seafarers as Crew Change Humanitarian Crisis Looms

By Aaron Clark, Rajesh Kumar Singh and Kevin Varley (Bloomberg) — An estimated 400 seafarers and roughly 2 million tons of coal are stuck on ships off

November 13, 2020
Total Views: 593

Thursday, November 12, 2020
hurricane zeta october 28
Offshore

Record Hurricane Season Deals Worst Blow to Gulf Oil Production in a Decade

By Sheela Tobben (Bloomberg) –It’s the year of the unprecedented and the hurricane season has been no exception. A record-breaking hurricane season

November 12, 2020
Total Views: 173

Stranded Coal Ships in Crosshairs of China-Australia Spat
Shipping News

Stranded Coal Ships in Crosshairs of China-Australia Spat

By Aaron Clark, Kevin Varley and Rajesh Kumar Singh (Bloomberg) — At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and

November 12, 2020
Total Views: 579

Wednesday, November 11, 2020
U.S. Targets Insurers In Latest Round of Nord Stream 2 Sanctions
Shipping News

U.S. Targets Insurers In Latest Round of Nord Stream 2 Sanctions

By Daniel Flatley and Dina Khrennikova (Bloomberg) –The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the

November 11, 2020
Total Views: 236

Tuesday, November 10, 2020
Offshore Oil Platform
Offshore

Covid-Stricken Pemex Is No Longer Testing All Platform Workers

By Amy Stillman (Bloomberg) –Petroleos Mexicanos, which has one of the world’s highest employee death tolls from Covid-19, is no longer distributing

November 10, 2020
Total Views: 226

Tropical Storm Eta Potentially Threatens U.S. Gulf Oil Production
Shipping News

Tropical Storm Eta Potentially Threatens U.S. Gulf Oil Production

By Brian K. Sullivan (Bloomberg) –Tropical Storm Eta poses a potential threat to offshore oil and natural gas production in the western Gulf of Mexico as

November 10, 2020
Total Views: 112

BP and Orsted Team Up on Green Hydrogen Project in Germany
Environment

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale

November 10, 2020
Total Views: 303

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally
Cruise Ships

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally

By Jonathan Levin (Bloomberg) –Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking

November 10, 2020
Total Views: 217

Monday, November 9, 2020
cargo containers
Ports

Container Crunch Roiling Transpacific Trade

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel

November 9, 2020
Total Views: 664

A wind turbine Dominion Energy’s two turbine Coastal Virginia Offshore Wind (CVOW) pilot project. Photo: Dominion Energy
Environment

Biden Presidency Could Reshape U.S. Energy Sector

By Gerson Freitas Jr., Amy Stillman, Michael Hirtzer and Joe Ryan (Bloomberg) –Biden’s victory could end up reshaping the U.S. energy sector in years

November 9, 2020
Total Views: 145

Friday, November 6, 2020
Shipping Livestock to China is Goal of Sudan’s $140 Million Port
Shipping News

Shipping Livestock to China is Goal of Sudan’s $140 Million Port

A Chinese-built port for shipping livestock from Sudan’s Red Sea coast will be completed by year-end, the latest African component of Beijing’s Belt and

November 6, 2020
Total Views: 1015

tanker
Shipping News

Oil Pares Weekly Gain on Virus Surge and Election Uncertainty

By Andres Guerra Luz By Andres Guerra Luz (Bloomberg) –Oil pared its weekly gain as a resurgent pandemic raised the risk of further demand destruction,

November 6, 2020
Total Views: 58

Thursday, November 5, 2020
Suiso Frontier hydrogen ship
Shipping News

Germany Looking at Ammonia to Deliver Green Fuel for Industry

By Brian Parkin and Vanessa Dezem (Bloomberg) — Germany is looking at using ammonia and methanol as ways to deliver hydrogen as a clean-burning fuel for

November 5, 2020
Total Views: 438

Wednesday, November 4, 2020
ship emissions
Defense

U.S. Officially Exits Paris Agreement with Election Outcome Uncertain

By Will Wade and Jess Shankleman (Bloomberg) — The U.S. has officially become the first nation to quit the Paris climate agreement, even as the outcome

November 4, 2020
Total Views: 85