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Wednesday, April 10, 2024
Shipping

Russian Oil Trading Far Above the G7’s Price Cap Everywhere

(Bloomberg) — Russian oil is trading far in excess of a Group of Seven price cap that’s supposed to deprive Moscow of revenue for its war in Ukraine,

April 10, 2024
Total Views: 994

Monday, April 8, 2024
Ports

Maersk Contests Transnet’s Pick for South African Port Partner

By Paul Burkhardt (Bloomberg) — A.P. Moller – Maersk A/S is contesting a process held by South Africa’s state logistics firm Transnet SOC Ltd.

April 8, 2024
Total Views: 1611

Shipping

Hyundai’s Ship Repair Firm Seeks Biggest Korean IPO Since 2022

(Bloomberg) — A company that repairs and manages ships kicked off what’s poised to be South Korea’s biggest initial public offering in two years,

April 8, 2024
Total Views: 713

Sunday, April 7, 2024
Defense

US, Allies To Conduct Naval Drills In Philippines

By Cecilia Yap (Bloomberg) –The US, Australia, Japan and the Philippines will hold joint military drills in the South China Sea on April 7 amid

April 7, 2024
Total Views: 2535

Friday, April 5, 2024
Shipping

Biden Urges Congress to Approve Funds for Baltimore Bridge Rebuild

By Jennifer Jacobs and Michelle Jamrisko (Bloomberg) — President Joe Biden pressed Congress to quickly approve funds to rebuild a collapsed Baltimore

April 5, 2024
Total Views: 900

Thursday, April 4, 2024
Shipping

Egypt Buys LNG in Rare Move to Avoid Summer Gas Crunch

By Stephen Stapczynski and Salma El Wardany (Bloomberg) — Egypt began buying liquefied natural gas, a rare move by the fuel exporter to avoid shortages

April 4, 2024
Total Views: 1287

Wednesday, April 3, 2024
Shipping

U.S. Could Revoke Houthi Terrorist Label if Group Halts Attacks on Ships

By Sam Dagher (Bloomberg) — The US said it would consider revoking its recent designation of Yemen’s Houthis as terrorists if the Iran-backed

April 3, 2024
Total Views: 2851

Shipping

Inbound Container Growth Pushing U.S. Ports to Their Limits, Shipping Veteran Says

(Bloomberg) — The biggest US ports are stretching capacity limits and need to expand to handle anticipated growth in inbound shipping, according to

April 3, 2024
Total Views: 1668

Tuesday, April 2, 2024
Shipping

Russia’s Seaborne Crude Exports Surge to the Highest This Year

(Bloomberg) — Russia’s seaborne crude exports jumped in the final week of March to the highest so far this year, even as average shipments in

April 2, 2024
Total Views: 805

Sunday, March 31, 2024
Ports

Baltimore Ship Accident Has East Coast Ports Scrambling To Absorb Cargo

By Brendan Murray Mar 31, 2024(Bloomberg) —Ports along the US East Coast are modifying their operations to absorb cargo diverted from Baltimore

March 31, 2024
Total Views: 3583

Saturday, March 30, 2024
Incidents

Biden to Visit Baltimore and Help Accelerate Salvage Efforts 

By Jordan Fabian (Bloomberg) President Joe Biden said he will head to Baltimore next week as the US seeks to accelerate emergency work to clear and

March 30, 2024
Total Views: 661

Friday, March 29, 2024
Shipping

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing the Ship

Several cranes have now been mobilized for the effort to remove the collapsed span of bridge from the bow of the Dali. Confirmed assets either on scene or en

March 29, 2024
Total Views: 9836

Thursday, March 28, 2024
Defense

Russian Warships Enter the Red Sea

(Bloomberg) — Russian warships from the Pacific Fleet have crossed the Bab-el-Mandeb Strait and entered the Red Sea, the state-run Tass news agency said,

March 28, 2024
Total Views: 20109

Shipping

Rescue Crews Navigate Drones and Fire to Salvage Houthi-Hit Ship

By Verity Ratcliffe (Bloomberg) — A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat

March 28, 2024
Total Views: 1489

Wednesday, March 27, 2024
Accidents

Baltimore Bridge Collapse Reverberates From Cars to Coal

By Nacha Cattan, Heather Perlberg and Brendan Murray (Bloomberg) — The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic

March 27, 2024
Total Views: 2848

Incidents

Titanic-Era Law Could Cap Shipowner Liability in Baltimore

By Ethan M Steinberg (Bloomberg) The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims

March 27, 2024
Total Views: 8634

Tuesday, March 26, 2024
Incidents

Baltimore Coal Exports Are Likely Blocked For Weeks

By Josh Saul (Bloomberg) The collapse of a major Baltimore bridge Tuesday is likely to shut down the port’s coal exports for as many as six weeks and block

March 26, 2024
Total Views: 3875

Incidents

Baltimore Bridge Fallout to Extend Coast-to-Coast in Cargo Shift

By Brendan Murray (Bloomberg) The bridge collapse Tuesday that shut the Port of Baltimore and closed a major highway will cause weeks or months of

March 26, 2024
Total Views: 3320

Incidents

Ship’s Mayday Call Before Baltimore Bridge Crash Saved Lives

By Nacha Cattan (Bloomberg) A mayday warning from the ship that slammed into a Baltimore bridge saved lives by prompting officials to stop cars from crossing,

March 26, 2024
Total Views: 15399

Incidents

East Coast Ports Are Ready To Handle Baltimore Cargo

By Joe Ryan(Bloomberg) East Coast ports including in New York, New Jersey and Virginia are positioned to handle additional ships if the Baltimore bridge

March 26, 2024
Total Views: 3790