Bloomberg

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Tuesday, June 16, 2020
As Ports Slowly Open, Ships Look to Replace Exhausted Seafarers
Shipping News

As Ports Slowly Open, Ships Look to Replace Exhausted Seafarers

(Bloomberg) — Ravi Nagar hasn’t seen his wife and 3-year-old son in eight months. That’s because he was stuck on a tanker shuttling between the

June 16, 2020
Total Views: 70

Monday, June 15, 2020
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted CEO to Resign After Leading Company in Renewables Transition

By William Mathis (Bloomberg) –The chief executive officer of Orsted A/S will step down by the end of next January, after transforming the former

June 15, 2020
Total Views: 98

shipping containers
Shipping News

EU Challenges China’s Trade Expansion With Landmark Tariff

By Jonathan Stearns (Bloomberg) –The European Union fired a warning shot at China over its global trade ambitions with an unprecedented tariff decision

June 15, 2020
Total Views: 111

BP Writes Off Billions as Covid Redraws Rules of Oil Demand
Offshore

BP Writes Off Billions as Covid Redraws Rules of Oil Demand

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a

June 15, 2020
Total Views: 38

Sunday, June 14, 2020
Stranded at Sea in The Time of Corona
Shipping News

Stranded at Sea in The Time of Corona

By Laura Millan Lombrana, Laura Hurst and Jack Wittels (Bloomberg) — Spanish fisherman Josu Bilbao boarded a Qatar Airways flight headed for the

June 14, 2020
Total Views: 84

Thursday, June 11, 2020
oil tanker
Shipping News

Oil Plummets With Economic Jitters Surging Through Markets

By Hailey Waller and Alex Longley (Bloomberg) –Crude futures plunged by the most since late April a day after the Federal Reserve provided a gloomy

June 11, 2020
Total Views: 42

Wednesday, June 10, 2020
offshore supply vessel
Offshore

PEMEX Suspends Supplier Contracts, Triggering Job Losses

By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering

June 10, 2020
Total Views: 106

offshore wind farm
Offshore

Scotland Launches $10 Billion Contest to Build Offshore Wind Farms

By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast

June 10, 2020
Total Views: 72

Tuesday, June 9, 2020
Stock photo of a tanker at sea
Shipping News

U.S. Set to Sanction Dozens of Tankers Over Venezuela-Iran Oil Trade

By Saleha Mohsin (Bloomberg) — The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off

June 9, 2020
Total Views: 97

New Breed of Gas Ships Emerges to Capture Growing Markets
Shipping News

New Breed of Gas Ships Emerges to Capture Growing Markets

By Anna Shiryaevskaya (Bloomberg) –The new Saga Dawn liquefied natural gas tanker shuttling between Singapore and Humen in eastern China is a sign that

June 9, 2020
Total Views: 119

Monday, June 8, 2020
a ship passes below a bridge on the Rhine River
Shipping News

Europe’s Rhine River Faces Low Water Heading into Dry Season

By Jack Wittels and William Wilkes (Bloomberg) –Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades,

June 8, 2020
Total Views: 233

cma cgm ship
Shipping News

CMA CGM Expects 15% Contraction in Second Quarter

By Antonio Vanuzzo and Tara Patel (Bloomberg) –There will be little change to global supply chains in the aftermath of the coronavirus, at least in the

June 8, 2020
Total Views: 43

port of long beach
Shipping News

U.S. Economy is Still Far From Smooth Sailing, Port Chief Says

By Brendan Murray (Bloomberg) — The U.S. economy is unlikely to snap back quickly and may not return to normal until 2021, according to the chief of one

June 8, 2020
Total Views: 57

Friday, June 5, 2020
President Trump Threatens EU Auto Tariffs Over Lobsters
Shipping News

President Trump Threatens EU Auto Tariffs Over Lobsters

By Jordan Fabian and Jenny Leonard (Bloomberg) –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified

June 5, 2020
Total Views: 184

Offshore Wind Turbines At Sea
Offshore

Wind Turbine Inventor Sees Unlimited Potential in Floating Wind Farms

By Will Mathis (Bloomberg) — The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that

June 5, 2020
Total Views: 245

offshore rigs Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K.
Offshore

Offshore Oil’s $105 Billion Hangover Adding to Industry Woes

By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and

June 5, 2020
Total Views: 112

Thursday, June 4, 2020
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Subsidy-Free Wind Farm Gets Green Light in the North Sea

By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and

June 4, 2020
Total Views: 65

U.S. Total Trade Slumps to Lowest Level in Almost a Decade
Shipping News

U.S. Total Trade Slumps to Lowest Level in Almost a Decade

By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled

June 4, 2020
Total Views: 30

Wednesday, June 3, 2020
offshore wind turbine
Offshore

EDF-Led Group Nods $2.2 Billion French Offshore Wind Project

By Francois de Beaupuy (Bloomberg) — Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23

June 3, 2020
Total Views: 205

Tuesday, June 2, 2020
U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength
Offshore

U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength

By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves

June 2, 2020
Total Views: 47