Bloomberg

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Sunday, March 7, 2021
Shipping

Tankers Carrying European Gasoline Diverted to Texas to Ease Supply Crunch

By Jeffrey Bair (Bloomberg) — Five gasoline tankers that were enroute to the U.S. East Coast diverted to the Port of Houston to help ease a supply

March 7, 2021
Total Views: 4464

Saturday, March 6, 2021
Offshore

Saudi Arabia’s Plan To Dominate The $700B Hydrogen Export Market

By Verity Ratcliffe (Bloomberg) –Sun-scorched expanses and steady Red Sea breezes make the northwest tip of Saudi Arabia prime real estate for what the

March 6, 2021
Total Views: 11229

Friday, March 5, 2021
Offshore

Biden Administration Set to Advance Offshore Wind Farm Near Martha’s Vineyard

By Jennifer A. Dlouhy and Josh Saul (Bloomberg) — The Biden administration is moving closer to a final approval of Vineyard Wind LLC’s $2.8

March 5, 2021
Total Views: 4157

Shipping

Dredging the Coast is Making Flooding Worse, New Study Shows

By Leslie Kaufman (Bloomberg) — Climate change is the main culprit behind nuisance flooding, but human alterations to coastal areas that deepen

March 5, 2021
Total Views: 3654

Wednesday, March 3, 2021
U.S. Energy Secretary Calls on Oil and Gas Companies to Embrace Green Transition or Risk Being Left in the Dust
Offshore

U.S. Energy Secretary Calls on Oil and Gas Companies to Embrace Green Transition or Risk Being Left in the Dust

By Ari Natter (Bloomberg) — Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind

March 3, 2021
Total Views: 3599

Shipping

Saudi Arabia to Ship Gas to South Korea and Take CO2 Back

By Verity Ratcliffe, Seyoon Kim and Kyunghee Park (Bloomberg) — Saudi Arabia plans to ship gas to South Korea where it will be used to make hydrogen,

March 3, 2021
Total Views: 1496

Shipping

Hot Market Quadruples Prices for Used Containerships

By Alaric Nightingale (Bloomberg) — Flip this ship. A variation on that buy-low, sell-high strategy is exactly what some container shipowners are opting

March 3, 2021
Total Views: 4337

Tuesday, March 2, 2021
Cruise Ships

Round-the-World Cruises Selling Out More Than a Year in Advance

By Fran Golden (Bloomberg) — After a year of isolation and lockdowns, four months on a ship is looking pretty good to cruise super fans. The Covid-19

March 2, 2021
Total Views: 4631

Ports

Global Cargo Traffic Jam Could Last to 2022

By Thomas Black (Bloomberg) — A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to

March 2, 2021
Total Views: 3430

Ports

Louisiana Offshore Oil Port Loadings Crash to Zero From Record

By Sheela Tobben (Bloomberg) — Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage

March 2, 2021
Total Views: 4612

Ports

U.S. Imports at Full Speed Show Uneven Global Recovery Pace

By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting

March 2, 2021
Total Views: 1443

Monday, March 1, 2021
Shipping

U.S. Goods-Trade Deficit Widens in January as Imports Surge to a Record

By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery

March 1, 2021
Total Views: 1067

Shipping

Middle East Tensions Rise as Israel Says Iran Attacked Ship

By Amy Teibel, Verity Ratcliffe and Arsalan Shahla (Bloomberg) — Israel accused Iran of attacking one of its cargo ships in the Gulf of Oman last week,

March 1, 2021
Total Views: 2463

Friday, February 26, 2021
Katherine Tai nomination hearing
Shipping

Biden Trade Pick Says China Must Deliver on Phase-One Pact

By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the

February 26, 2021
Total Views: 2445

Ports

U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the

February 26, 2021
Total Views: 3392

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: 1560

Thursday, February 25, 2021
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: 820

Wednesday, February 24, 2021
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: 1245

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: 2142

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: 545