Bloomberg

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Wednesday, October 9, 2024
Shipping

Court Blocks Top Africa Port Deal as Maersk Contests Award

(Bloomberg) — A South African court temporarily blocked a deal between the nation’s state-owned logistics firm and a company owned by Filipino

October 9, 2024
Total Views: 2640

Tuesday, October 8, 2024
Shipping

Higher Fences for Trade Will Mean More Debt And Slower Growth

(Bloomberg Markets) — A hot war in Ukraine, a trade war between China and the US, and Donald Trump’s threat of sweeping tariff increases raise the

October 8, 2024
Total Views: 558

Monday, October 7, 2024
Shipping

Ukraine Says Russian Missile Hits Second Grain Ship

By Kateryna Chursina, Olesia Safronova and Aliaksandr Kudrytski (Bloomberg) — Russia targeted a ship loaded with Ukrainian grain with a ballistic

October 7, 2024
Total Views: 1916

Damage to the Saint Kitts and Nevis-flagged Paresa
Shipping

Ukraine Says Russia Missile Hit Ship Loaded With Corn for Export

(Bloomberg) — A bulker loaded with Ukrainian grain for export was damaged during a Russian missile barrage in Odesa region over the weekend, according to

October 7, 2024
Total Views: 1624

Sunday, October 6, 2024
Ports

Who Is Harold Daggett? The Man Behind The Longshoremen Union

By Brooke Sutherland, Josh Wingrove and Laura Curtis (Bloomberg) — When the history books are written about the fate of longshoremen in the US, few

October 6, 2024
Total Views: 3420

Saturday, October 5, 2024
Shipping

Maersk Expects Ship Regulator To Approve Global CO2 Levy In 2025

By Jack Wittels Oct 4, 2024 (Bloomberg) –Shipping giant A.P. Moller-Maersk A/S expects the industry’s global regulator next year to approve a

October 5, 2024
Total Views: 1097

Navy

Pentagon To Spend $1.2B To Maintain Red Sea Operation

By Tony Capaccio Oct 3, 2024 (Bloomberg) –The Pentagon will spend about $1.2 billion to maintain ships deployed as part of operations in the Red Sea

October 5, 2024
Total Views: 1089

Friday, October 4, 2024
Shipping

Global Shipping Stocks Sink After US Dockworkers Pause Strike

(Bloomberg) — Shipping stocks slumped worldwide after a strike by US dockworkers was suspended after only three days, spurring predictions of a decline

October 4, 2024
Total Views: 763

News

Mideast’s Rising War Risk Puts Spotlight on Iran’s Quiet Oil Comeback

(Bloomberg) — Iran’s oil production has defied years of US sanctions to return to almost full capacity — a tide of supply that looks increasingly

October 4, 2024
Total Views: 669

Thursday, October 3, 2024
News

Green Hydrogen Hype Fades as High Costs Force Projects to Retreat

(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll.  In

October 3, 2024
Total Views: 1447

News

Arctic Allies to Form Security Group to Counter Russia, China

(Bloomberg) — Canada is working with Nordic countries to create a new Arctic security coalition that would exclude Russia and offer a place to coordinate

October 3, 2024
Total Views: 751

Wednesday, October 2, 2024
Ports

Port Strike: Trump and Biden Blame Shipowners While Harris Remains Silent

The International Longshoremen’s Association (ILA) union port strike, which could cost the U.S. economy billions per day, was notably absent from last

October 2, 2024
Total Views: 2498

Marine Weather

Typhoon Krathon Brings Taiwan to a Standstill

By Mary Hui, Cindy Wang (Bloomberg) Typhoon Krathon tracked slowly toward Taiwan, with the storm set to weaken before making landfall on Thursday morning and

October 2, 2024
Total Views: 817

silhouette of a man with a large cruise ship in the background
Cruise Ships

Dutch Crack Down on Cruise Industry Greenwashing

By Cagan Koc (Bloomberg) MSC Cruises was told to drop some green claims in its advertisements in the Netherlands after Dutch environmental campaigners

October 2, 2024
Total Views: 1751

Ports

Why is the ILA Union Against Port Automation?

By Jo Constantz and Alicia Tang (Bloomberg) Longshoremen at docks along the US East and Gulf coasts have gone on strike for the first time since 1977 as

October 2, 2024
Total Views: 2008

Tuesday, October 1, 2024
Ports

ILA Chief Daggett Aims to Make History With Election Day Looming

By Laura Curtis, Deena Shanker and Michael Sasso (Bloomberg) — Union chief Harold Daggett, clad in a blue sweatshirt that read “The Docks Are Ours,”

October 1, 2024
Total Views: 2189

Explosive-Packed Drone Boat Strikes Oil Tanker in Red Sea
News

Explosive-Packed Drone Boat Strikes Oil Tanker in Red Sea

(Bloomberg) — An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred

October 1, 2024
Total Views: 3248

Monday, September 30, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Featured

Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil

(Bloomberg) — Singapore-flagged oil tanker EM Longevity made its final voyage almost three years ago, after more than two decades at sea. Earlier this

September 30, 2024
Total Views: 9838

News

US Concerned About Russia Supplying Missiles to Yemen’s Houthis

(Bloomberg) — The US is concerned Russia may supply missiles to the Houthis in Yemen, an American official said, a move that could stoke further Middle

September 30, 2024
Total Views: 1261

Sunday, September 29, 2024
Israel Bombs Yemeni Port After Houthi Attacks
Ports

Israel Bombs Yemeni Port After Houthi Attacks

By Mohammed Hatem and Marissa Newman Sep 29, 2024 (Bloomberg) –Israeli fighter jets bombed a seaport and several power stations in Yemen, its

September 29, 2024
Total Views: 3313