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Wednesday, August 29, 2018
Maersk Braces For A $5+ Billion Fuel Bill In 2020
Shipping News

Maersk Braces For A $5+ Billion Fuel Bill In 2020

By Jack Wittels (Bloomberg) The world’s largest container shipping line says adhering to stricter environmental standards could add at least $2 billion to

August 29, 2018
Total Views: 146

Tuesday, August 28, 2018
Teekay LNG Icebreaker Eduard Toll
Shipping News

Costs Melt As LNG Traffic Picks Up In The Arctic Circle

By Jeremy Hodges (Bloomberg) A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest temperatures on record

August 28, 2018
Total Views: 58

Monday, August 27, 2018
Red Sea
Ports

Eritrea Considers Building A Port

By Nizar Manek (Bloomberg) Eritrea is considering building a port on its Red Sea coastline to export potash from deposits being developed in the Horn of Africa

August 27, 2018
Total Views: 728

Lagos Port
Ports

30,000 Tons Of Cocoa Stuck On Lagos Port Roads

At least 30,000 metric tons of cocoa are trapped on their way to ports in Nigeria’s main city of Lagos as roads in a state of disrepair delay access

August 27, 2018
Total Views: 107

Friday, August 24, 2018
oil tanker
Shipping News

Iran’s Tanker Fleet Gives it Oil-Export Lifeline as Sanctions Loom

By Serene Cheong (Bloomberg) — Iran’s own fleet of tankers may provide a lifeline for its crude and condensate exports that’ll be slashed

August 24, 2018
Total Views: 21

Thursday, August 23, 2018
johan sverdrup august 2018
Offshore

How the Oil Crisis Gave Norway’s Giant Field a $10 Billion Boost

By Mikael Holter (Bloomberg) — Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff.

August 23, 2018
Total Views: 56

Tuesday, August 21, 2018
lng carrier
Shipping News

LNG Heads Out the Door as Asia Outbids European Utilities

By Anna Shiryaevskaya (Bloomberg) — Northwest European liquefied natural gas terminals are for the first time exporting more of the fuel than they are

August 21, 2018
Total Views: 28

bulk ship
Shipping News

U.S. Will Lose From Trade War as Flows Shift, Top Miner Says

By David Stringer and Rishaad Salamat (Bloomberg) — The U.S. risks losing out from its curbs on trade as rival nations including China will seek to do

August 21, 2018
Total Views: 9

Sunday, August 19, 2018
maersk ship
Shipping News

Tariffs Likely to Hurt U.S. More Than Rest of World, Maersk CEO Says

  By Christian Wienberg (Bloomberg) — The U.S. economy will be hit many times harder than the rest of the world by an escalating global

August 19, 2018
Total Views: 55

Friday, August 17, 2018
Maersk’s Offloading of Drilling Unit is Latest Move to Exit Energy
Offshore

Maersk’s Offloading of Drilling Unit is Latest Move to Exit Energy

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has decided to list its drilling unit separately, marking its latest step toward a complete

August 17, 2018
Total Views: 51

Where to Look in the Oil Market for Clues of a Demand Slowdown
Shipping News

Where to Look in the Oil Market for Clues of a Demand Slowdown

By Ellen Milligan and Alex Longley (Bloomberg) — This is supposed to be a year of bumper oil demand, but economic warning signs are flashing

August 17, 2018
Total Views: 11

Thursday, August 16, 2018
Maersk Said to Plan Drilling Spinoff to Focus on Transport
Shipping News

Maersk Said to Plan Drilling Spinoff to Focus on Transport

Update: Maersk Confirms Drilling Unit Spin-Off By Manuel Baigorri, Ruth David and Matthew Miller (Bloomberg) — A.P. Moller-Maersk A/S is planning to spin

August 16, 2018
Total Views: 20

u.s. china trade war
Shipping News

Trump Pushes China for Better Deal With Trade Talks Set to Resume

By Justin Sink and Andrew Mayeda (Bloomberg) — President Donald Trump prodded China to offer more at the bargaining table as the two countries prepared

August 16, 2018
Total Views: 17

All-Electric Ships on the Horizon as Rolls Launches New Battery System
Environment

All-Electric Ships on the Horizon as Rolls Launches New Battery System

By Áine Quinn (Bloomberg) — Rolls-Royce Holdings Plc has begun offering its own battery-powered ship engines in a move that signals the gathering

August 16, 2018
Total Views: 197

kenya shipping line
News

Kenya to Revive National Shipping Line in Partnership With MSC

By Helen Nyambura (Bloomberg) — Kenya plans to revive a state-owned shipping line with the help of the Mediterranean Shipping Co., President Uhuru

August 16, 2018
Total Views: 86

offshore oil and gas rig
Shipping News

Mega Oil and Gas Projects Are Back

By Dan Murtaugh (Bloomberg) — Investors are about to find out whether the world’s largest oil companies have learned their lesson from $80

August 16, 2018
Total Views: 44

Wednesday, August 15, 2018
truck
Shipping News

IMO’s 2020 Fuel Rule to Hit Truckers Where It Hurts: The Diesel

By Erin Douglas (Bloomberg) — Every time Chuck Paar makes the over 500-mile round trip from his home in Mt. Jewett, Pennsylvania, to Buffalo and

August 15, 2018
Total Views: 46

blue lng carrier at sea
Shipping News

Trade Spat Threatens U.S. LNG Exporters

By Rachel Adams-Heard and Ryan Collins (Bloomberg) — This winter could be a bleak one for America’s natural gas exporters as the

August 15, 2018
Total Views: 12

Tuesday, August 14, 2018
IMO’s Low Sulphur Fuel Regs Seen Cutting Demand for Canadian Oil
Shipping News

IMO’s Low Sulphur Fuel Regs Seen Cutting Demand for Canadian Oil

By Robert Tuttle (Bloomberg) — As if pipeline bottlenecks weren’t enough, Canadian heavy oil producers are facing a new barrier to marketing

August 14, 2018
Total Views: 66

Thursday, August 9, 2018
bulk ship
Shipping News

Despite Tariffs, U.S. Soy Is Still Headed to China. Here’s Why

By Shruti Date Singh and Tatiana Freitas (Bloomberg) –It looks like China can’t completely shun U.S. soybeans as at least a few cargoes of American

August 9, 2018
Total Views: 62