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Saturday, September 21, 2024
Photo of an Indian Navy Admiral on the bridge of a US Navy warship talking to a US Navy captain
Navy

Stavridis – Can The Quad Counter Chinese Influence In The Indian Ocean?

by Admiral James Stavridis (Bloomberg Opinion) This weekend, President Joe Biden is hosting the three other national leaders of the Quadrilateral Security

September 21, 2024
Total Views: 1221

Friday, September 20, 2024
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia’s Sovcomflot Says G7 Sanctions Make Oil Trade Less Safe

By Bloomberg News (Bloomberg) — Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s

September 20, 2024
Total Views: 1507

two tankers conduct ship-to-ship transfer
Shipping

Ships Still Switch Russian Oil Off Greece Despite Navy Drills

(Bloomberg) — Tankers carrying Russian oil are still conducting cargo switches with other vessels off Greece’s south coast, despite Greek military

September 20, 2024
Total Views: 1738

Virginia class submarine comissioning at electric boat shipyard in Rhode Island
Navy

Virginia Class Submarine Program $17B Over Budget—Enough to Build a New Aircraft Carrier

The Virginia-class submarine project may exceed its budget by $17 billion—surpassing the price tag of an entire new aircraft carrier. By Tony Capaccio

September 20, 2024
Total Views: 7706

Thursday, September 19, 2024
LNG carrier in dense fog
Shipping

A Look Behind Russian Efforts to Skirt US Energy Sanctions

(Bloomberg) — The crayon marks on the wall of the sparsely furnished apartment hint at it being a conventional family home. But the single sofa, pink

September 19, 2024
Total Views: 1950

Bulk carrier inspection
Shipping

Ukraine War: US Warns Allies of Russia’s Sabotage Threats Against Global Shipping

By Alberto Nardelli, Jenny Leonard and Natalia Drozdiak (Bloomberg) — The US has warned its allies that Russia is targeting cargo shipping companies as

September 19, 2024
Total Views: 1037

Wednesday, September 18, 2024
President trump signing tariffs in the oval office
Finance

Trump Trade Wars: A Look At Winners And Losers Since 2016

by Tom Orlik (Bloomberg) Who Loses in Trump’s Endless Trade War? In 2016, Donald Trump campaigned for the US presidency on a promise to beat China.

September 18, 2024
Total Views: 2632

Tuesday, September 17, 2024
Offshore

Deepwater Oil Rigs May Fetch $600,000 a Day as Spending Expands

(Bloomberg) — The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the

September 17, 2024
Total Views: 2610

Monday, September 16, 2024
Harland and Wolff Shipyard. File Photo: Charles McQuillan/Pool via REUTERS
Interesting

Titanic Shipyard Owner Harland & Wolff Set to Enter Administration This Week

(Bloomberg) — The owner of the shipping yard that built the Titanic is entering administration, a type of insolvency procedure in the UK, for the second

September 16, 2024
Total Views: 1358

Sunday, September 15, 2024
Stern view of the new hotel super-yacht ilma
Cruise Ships

Ritz-Carlton Launches Ilma: World’s Largest Hotel-Branded Superyacht

By Fran Golden (Bloomberg) When Ritz-Carlton Yacht Collection finally unveiled its 298-passenger Evrima in 2022 after a few years of

September 15, 2024
Total Views: 13090

News

Greek Navy Extends Naval Drills to Deter Russian Oil

By Alex Longley (Bloomberg) Greece’s navy has (once again) extended a series of naval drills by two months as the country tries to deter Russian oil

September 15, 2024
Total Views: 1960

Thursday, September 12, 2024
Shipping

MSC CEO Vows to Stand Alone as Global Shipping Rivals Team Up

(Bloomberg) — MSC Mediterranean Shipping Company SA plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its

September 12, 2024
Total Views: 856

Wednesday, September 11, 2024
Environment

Oil Spill Fears Mount as Russia Tankers Reject Key Danish Pilots

(Bloomberg) — Tankers hauling Russian crude through Denmark’s perilous shipping straits are increasingly rejecting the services of pilots when they do

September 11, 2024
Total Views: 6373

Shipping

Trafigura to Convert More Supertankers if Oil Market Woes Linger

(Bloomberg) — Trafigura Group could switch more of its crude-oil tankers to carry refined products if sluggish market conditions persist. About

September 11, 2024
Total Views: 1320

Tuesday, September 10, 2024
Shipping

China’s Exports Jump to Two-Year High in Rare Boost for Economy

(Bloomberg) — China’s exports unexpectedly accelerated in August, reaching their highest value in nearly two years and providing a rare boost to an

September 10, 2024
Total Views: 701

Monday, September 9, 2024
An LNG carrier at night
Shipping

Sanctioned Russian Gas Plant Sends Cargo to Asia for First Time

(Bloomberg) — A sanctioned Russian liquefied natural gas export facility is sending a shipment to Asia for the first time, as Moscow continues a search

September 9, 2024
Total Views: 1081

Saturday, September 7, 2024
Mein Schiff 6 cruise ship is moored at the dock of Piraeus after some of the crew members tested positive for the coronavirus disease (COVID-19), in Piraeus.REUTERS/Costas Baltas
Cruise Ships

Greece To Take Action Against Cruise Ship Tourism And Short-Term Leasing

By Eleni Chrepa and Sotiris Nikas Sep 7, 2024 (Bloomberg) –Greek Prime Minister Kyriakos Mitsotakis announced measures aimed at addressing the

September 7, 2024
Total Views: 3242

German Chancellor Olaf Scholz visits the luxury shipbuilder Meyer Werft in Papenburg.REUTERS/Carmen Jaspersen
Cruise Ships

Germany Agrees To Rescue Cruise Ship Builder Meyer Werft

By Kamil Kowalcze Sep 6, 2024 (Bloomberg) –Germany hammered out a deal that offers a potential lifeline for struggling shipbuilder Meyer Werft GmbH,

September 7, 2024
Total Views: 8601

Barges make their way down the Mississippi River, where the water levels have reached historically record lows in Memphis, Tennessee, U.S. October 23, 2022. Photo REUTERS/Karen Pulfer Focht
Shipping

Drought Shrivels The Mississippi River And Threatens To Disrupt US Food Exports

By Brian K. Sullivan and Tarso Veloso Sep 7, 2024 (Bloomberg) —Drought across the central US is shrinking the Mississippi River, sending barge rates

September 7, 2024
Total Views: 2018

Friday, September 6, 2024
lng tanker grand aniva
Shipping

Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply

(Bloomberg) — Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will

September 6, 2024
Total Views: 1711