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Sunday, May 5, 2024
Shipping

How Western Sanctions Are Strangling Putin’s Arctic Gas Ambitions

By Stephen Stapczynski (Bloomberg) –Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years

May 5, 2024
Total Views: 1832

Saturday, May 4, 2024
Shipping

Iranian Warship On The Move Amid Houthi Threat To Attack Ships

By Arsalan Shahla May 4, 2024(Bloomberg) –An Iranian warship has embarked on a mission in oceanic waters, Iran’s state media reported, in the wake

May 4, 2024
Total Views: 6074

Navy

China Has 350 Warships. The US Has 290. That’s a problem.

by Admiral James Stavridis (Bloomberg Opinion) There are plenty of disagreements between Beijing and Washington — from Taiwan to human rights to aiding

May 4, 2024
Total Views: 8446

Friday, May 3, 2024
Shipping

Houthis Threaten Ship Attacks in Mediterranean Sea

By Mohammed Hatem (Bloomberg) — The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a

May 3, 2024
Total Views: 3125

Offshore

Greek Naval Drills See Oil Tankers Depart Key Ship-to-Ship Transfer Area

(Bloomberg) — Tankers that transfer Russian oil off the southern coast of Greece sailed further out into the Mediterranean after naval exercises were

May 3, 2024
Total Views: 1621

Thursday, May 2, 2024
Shipping

Russia’s Gazprom Sees First Loss in Two Decades as Gas Trade with Europe Plunges

By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and

May 2, 2024
Total Views: 1245

News

Port of Antwerp Plans Namibia Hydrogen Harbor

(Bloomberg) — Port of Antwerp Bruges plans to develop a €250 million ($267 million) hydrogen and ammonia storage and export facility at the Namibian

May 2, 2024
Total Views: 1255

Wednesday, May 1, 2024
News

Trudeau’s $25 Billion Trans Mountain Expansion Starts Commercial Operations

(Bloomberg) — The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most

May 1, 2024
Total Views: 1444

Defense

China’s Third and Largest Aircraft Carrier Heads for Sea Trials

By Bloomberg News (Bloomberg) — China’s largest and most advanced warship has begun its first sea trial, paving the way for the country to enhance its

May 1, 2024
Total Views: 4040

Tuesday, April 30, 2024
Defense

Philippines Weighs New Strategy to Counter China’s Sea Actions

By Peter Martin and Andreo Calonzo (Bloomberg) — The Philippines is weighing a new approach in the South China Sea where increasing encounters with

April 30, 2024
Total Views: 14336

Monday, April 29, 2024
cargo ship emissions
Shipping

Red Sea Diversions Spew Carbon Emissions Equal to 9 Million Cars

By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons

April 29, 2024
Total Views: 1645

Shipping

G7 Price Cap on Russian Oil ‘Increasingly Unenforceable’, Insurers Warn

By Alex Longley and Julian Lee (Bloomberg) — A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an

April 29, 2024
Total Views: 996

Sunday, April 28, 2024
Shipping

Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance

By Alex Longley and Sanne Wass (Bloomberg) –A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents

April 28, 2024
Total Views: 4255

Friday, April 26, 2024
News

Subsea Cable Damage Cuts Internet to Islands Off Africa Coast

(Bloomberg) — Damage to an undersea cable off the African coast is exacerbating disruptions of internet services to the continent, impacting

April 26, 2024
Total Views: 2211

Thursday, April 25, 2024
Shipping

India Grants Marine Insurance Approval for Russian Firms

By Rakesh Sharma and Julian Lee (Bloomberg) — India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to

April 25, 2024
Total Views: 1190

Wednesday, April 24, 2024
Shipping

Biden Administration Sets Sights on Zero-Emissions Freight Sector

The Biden Administration has announced a first-of-its-kind national goal to transition the freight sector—including the marine sector—to zero emissions. 

April 24, 2024
Total Views: 943

Offshore

New US Effort to Lift Offshore Wind Features Turbines in Pacific

(Bloomberg) — The Biden administration is taking steps to jump-start the fledgling offshore wind sector, outlining a five-year leasing plan that would

April 24, 2024
Total Views: 779

Tuesday, April 23, 2024
Shipping

China’s Ships Are Winning the Battle for Energy in South China Sea

By Philip Heijmans (Bloomberg) — This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas

April 23, 2024
Total Views: 16151

Shipping

Second Egypt Wheat Ship Stuck in Russia Sails After 3-Week Wait

By Abdel Latif Wahba and Áine Quinn (Bloomberg) — An Egyptian wheat ship has been allowed to sail after waiting three weeks for the correct paperwork,

April 23, 2024
Total Views: 1640

Shipping

Oil Market Sees Iran Sanctions Having Muted Export Impact

(Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t

April 23, 2024
Total Views: 559