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Wednesday, July 3, 2019
shutterstock_1081936637 containership
Shipping News

First Signs of IMO 2020 Starting to Rock the Oil Market

(Bloomberg) –They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery

July 3, 2019
Total Views: 53

Tuesday, July 2, 2019
deepwater wind block island wind farm
Shipping News

Second Offshore Wind Farm in United States Now Under Construction

By Christopher Martin (Bloomberg) –Dominion Energy Inc. began work to install cables for a wind farm in the Atlantic Ocean near Virginia, marking the

July 2, 2019
Total Views: 40

Stock photo of a tanker at sea
Piracy

Opinion: How to Stop Pirates Plaguing West Africa

(Bloomberg Opinion) –Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of

July 2, 2019
Total Views: 140

Monday, July 1, 2019
ship emissions
Shipping News

Oil Refineries Have Been Too Slow on Vital Fuel Change, BIMCO Says

By Firat Kayakiran (Bloomberg) –The world’s oil refineries could have done more to be ready in time for new rules governing the kind of fuel that

July 1, 2019
Total Views: 40

Thursday, June 27, 2019
FILE PHOTO: The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia
Shipping News

Philadelphia’s Lost Fuel Supply Covered by Europe and U.S. Gulf

By Jeffrey Bair (Bloomberg) –U.S. East Coast ports can expect more cargoes like the one aboard the Maersk Cancun once Philadelphia Energy Solutions

June 27, 2019
Total Views: 39

bulk carrier bow
Shipping News

A Ship and Its Crew Gets Caught in US-China Trade Battle

By Bloomberg News (Bloomberg) — Some of the people most eager to see a resolution in the U.S.-China trade conflict may be the crew of a ship circling in

June 27, 2019
Total Views: 23

Wednesday, June 26, 2019
offshore rig
Shipbuilding

Abu Dhabi Rig Builder Plans Expansion Into Offshore Wind Power

By Mahmoud Habboush (Bloomberg) –An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable

June 26, 2019
Total Views: 40

A damaged Andrea Victory ship is seen off the Port of Fujairah
Shipping News

U.A.E. Splits With U.S. Over Blame for Oil Tanker Attack in May

By Abbas Al Lawati (Bloomberg) –The United Arab Emirates appeared to distance itself from U.S. claims that pinned attacks on oil tankers near the Strait

June 26, 2019
Total Views: 61

Monday, June 24, 2019
offshore wind turbine
Offshore

Orsted Wins New Jersey Contract as Offshore Wind Poised to Boom

By Christopher Martin (Bloomberg) — New Jersey awarded a contract to Denmark-based Orsted A/S to provide power from a wind farm it’s planning in the

June 24, 2019
Total Views: 82

tanker underway
Shipping News

Persian Gulf War Risk Premiums Seen Costing $500,000 Per Oil Shipment

(Bloomberg) –The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne

June 24, 2019
Total Views: 66

front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

U.S. Seeks Allies’ Support to Protect Persian Gulf Shipping Lanes

By Nick Wadhams (Bloomberg) –The U.S. is seeking support from allies for a program to monitor commercial shipping in the Persian Gulf after attacks on

June 24, 2019
Total Views: 77

Friday, June 21, 2019
offshore wind farm
Shipping News

Clean Energy Becomes Dominant Power Source in U.K.

By Jeremy Hodges (Bloomberg) –The U.K. will generate more energy from low-carbon sources than from fossil fuels this year for the first time since the

June 21, 2019
Total Views: 99

tanker loading
Shipping News

Oil Posts Best Week Since 2016 as Trump Calls Off Iran Raids

By Alex Nussbaum (Bloomberg) –Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes

June 21, 2019
Total Views: 30

oil tanker
Shipping News

Shipping Rates for Mideast Oil Are Surging

By Alaric Nightingale and Firat Kayakiran (Bloomberg) –Oil tanker owners are raising the prices they charge to export Middle East crude as tensions

June 21, 2019
Total Views: 31

Thursday, June 20, 2019
tanker in storm
Shipping News

Iran Exposes Oil’s Sea Change in the Persian Gulf

By Liam Denning (Bloomberg Opinion) –“It is not the role of the United States to take the lead in protecting neutral shipping in the [Persian] Gulf.”

June 20, 2019
Total Views: 54

Tuesday, June 18, 2019
containership sailing
Shipping News

Banks With $100 Billion in Shipping Loans Get Strict on Climate

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

June 18, 2019
Total Views: 1145

Sunday, June 16, 2019
UK To Deploy Marines To Protect British Ships In The Persian Gulf
Incidents

UK To Deploy Marines To Protect British Ships In The Persian Gulf

By Verity Ratcliffe (Bloomberg) The Royal Navy plans to deploy 100 marines to the Persian Gulf to protect British ships after a series of attacks on vessels,

June 16, 2019
Total Views: 46

Incidents

US Vows To Protect Shipping in Persian Gulf

By Mark Niquette and Shawn Donnan (Bloomberg) There’s “no doubt” Iran was responsible for attacks on two oil tankers leaving the Persian Gulf last week,

June 16, 2019
Total Views: 19

Friday, June 14, 2019
front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

War Risk Premiums Surge After Gulf of Oman Tanker Attacks

by Alex Longley and Sheela Tobben (Bloomberg) –Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export

June 14, 2019
Total Views: 125

Thursday, June 13, 2019
lng carrier
Shipping News

Gulf of Oman Tanker Attacks Threaten LNG Shipments Too

By Liam Denning (Bloomberg Opinion) –News of more mysterious tanker attacks, this time in the Gulf of Oman, had their predictable effect on (otherwise

June 13, 2019
Total Views: 28