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Tuesday, May 21, 2024
Stock photo of a ship-to-ship transfer between two tankers from above
Shipping

Oil Tankers Forced Out of Greek Gulf Again as Navy Drills Resume

(Bloomberg) — A handful of oil tankers that had entered the waters off southern Greece to transfer Russian petroleum were forced to depart again after

May 21, 2024
Total Views: 2106

Monday, May 20, 2024
Shipping

Sanctioned Russian Tankers Mostly Sit Idle Months After Designations

(Bloomberg) — Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the US’s scope to

May 20, 2024
Total Views: 2003

Saturday, May 18, 2024
Ports

Indonesia Eases Import Rule For Some Goods To Clear Containers

By Norman Harsono May 17, 2024 (Bloomberg) —Indonesia has revised an import rule in a bid to release thousands of containers being held up at its ports,

May 18, 2024
Total Views: 949

Friday, May 17, 2024
Shipping

French Shipping Giant Expects Overcapacity to Drive Down Freight Rates

By Tara Patel (Bloomberg) — CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel

May 17, 2024
Total Views: 2512

Shipping

How Tiny Djibouti Said ‘No’ to the U.S. Over Houthi Red Sea Attacks

(Bloomberg) — Captain Mohammed Houssein Omar patrols one of the most dangerous coastlines in the world. Until the Israel-Hamas conflict reignited seven

May 17, 2024
Total Views: 13746

Thursday, May 16, 2024
Shipping

China’s Biggest LNG Buyer Expands Fleet for Global Heft

By Bloomberg News (Bloomberg) — China National Offshore Oil Corp., the country’s state-owned oil and gas giant, is expanding its fleet of LNG carriers

May 16, 2024
Total Views: 808

Shipping

Red Sea Disruption Is Splitting Global LNG Trade in Regions

(Bloomberg) — It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea

May 16, 2024
Total Views: 397

Wednesday, May 15, 2024
A worker near a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea, May 13, 2015. REUTERS/Kim Hong-Ji/File Photo
Shipbuilding

Top Shipbuilder Expands Asia Footprint with Subic Bay Shipyard Deal

(Bloomberg) — South Korea’s HD Hyundai Heavy Industries Co. Ltd. will set up operations in a former US naval base in the Philippines, an investment

May 15, 2024
Total Views: 3831

Tuesday, May 14, 2024
Shipping

Cocaine Superhighway Brings Drugs and Violence to Europe

By Max Ramsay, Lyubov Pronina and Cagan Koc (Bloomberg) — On a chilly night in March, harbor police at Belgium’s Antwerp port nabbed three youths

May 14, 2024
Total Views: 2453

Monday, May 13, 2024
Offshore

What EU Sanctions on Russian LNG Would Mean for Global Gas

By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) — Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to

May 13, 2024
Total Views: 1146

Offshore

Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind

(Bloomberg) — Donald Trump vowed to issue an executive order targeting offshore wind development if he wins a second term as president, making his most

May 13, 2024
Total Views: 3014

Sunday, May 12, 2024
Navy

Naval Exercises Intensify as Greece Aims to Prevent Russian Oil Transfers

By Alex Longley (Bloomberg) Greece’s Navy extended a series of exercises aimed at preventing tankers from transferring Russian oil just miles off its

May 12, 2024
Total Views: 4982

DVIDS photo of the Gaza pier being built by the DoD
Navy

UK To Send Contractors Not Soldiers To Gaza Pier

By Esteban Duarte (Bloomberg) The UK will probably use contractors in the US-led operation to deliver humanitarian aid on the beaches of Gaza rather than

May 12, 2024
Total Views: 1404

Saturday, May 11, 2024
Shipping

Australia To Ban Live Sheep Exports By Sea From May 2028

By Emily Cadman May 11, 2024 (Bloomberg) —Australia will ban the live export of sheep by sea from May 2028, and help those impacted by the decision

May 11, 2024
Total Views: 1549

Friday, May 10, 2024
Offshore

Trump Presidency is Next Worry for Battered U.S. Wind Sector

By Jennifer A Dlouhy (Bloomberg) — Companies racing to build multibillion-dollar wind farms in US waters are already contending with surging borrowing

May 10, 2024
Total Views: 1456

Thursday, May 9, 2024
News

Ship Repair Firm HD Hyundai Marine Solution to Use IPO Proceeds to Boost Growth

(Bloomberg) — Only a day after completing South Korea’s biggest initial public offering in two years, KKR & Co.-backed shipping repair company HD

May 9, 2024
Total Views: 423

Wednesday, May 8, 2024
Offshore

Giant Johan Castberg FPSO Prepares to Set Sail

By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting

May 8, 2024
Total Views: 2578

Tuesday, May 7, 2024
Ports

Maersk Questions Rival’s Solvency in Battle Over South Africa’s Durban Container Port

By Paul Burkhardt (Bloomberg) — A.P. Moller – Maersk A/S said a successful rival bidder fell short of tender requirements as it seeks to overturn

May 7, 2024
Total Views: 1661

Offshore

Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits

(Bloomberg) — Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes over who

May 7, 2024
Total Views: 1539

Monday, May 6, 2024
Shipping

Leadership Battle Brewing at Deep Sea Mining’s Regulatory Body

By Todd Woody (Bloomberg) — The secretary-general of the International Seabed Authority is set to run for a third term leading the United

May 6, 2024
Total Views: 1108