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Saturday, March 23, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Houthis Fired Missile at Chinese-Owned Ship in Red Sea, US Says

By Yi Wei Wong Mar 23, 2024(Bloomberg) –Yemen-based Houthis fired a missile at a Chinese-owned oil tanker called M/V Huang Pu on Saturday, the US

March 23, 2024
Total Views: 5717

Friday, March 22, 2024
International Maritime Organization headquarters in London, England. Photo: cktravels.com / Shutterstock.com
Shipping

World’s First Global CO2 Charge Inches Closer at IMO Meeting

By Jack Wittels (Bloomberg) — The shipping industry is being lined up as a guinea pig for a world-first: a global, mandatory charge on greenhouse gas

March 22, 2024
Total Views: 1428

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

India Halts Russia Oil Supplies From Sanctioned Tanker Giant

(Bloomberg) — All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further

March 22, 2024
Total Views: 4068

Oil Tanker Bridge
Shipping

Oil Tanker Firm Fractal Loses Bid to Escape UK Sanctions

By Jonathan Browning (Bloomberg) — A Dubai-based shipping firm that was targeted for being part of Russia’s shadow fleet has lost a court bid to

March 22, 2024
Total Views: 1381

Thursday, March 21, 2024
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 Threatens to Snarl Mississippi River Traffic for a Third Year

By Will Wade (Bloomberg) — The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter

March 21, 2024
Total Views: 2092

The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
Shipping

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

(Bloomberg) — The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked,

March 21, 2024
Total Views: 4860

Wednesday, March 20, 2024
Wind Osprey offshore wind installation vessel installing offshore wind turbines
Offshore

Offshore Wind’s Next Big Problem? Not Enough Ships

By Lars Paulsson (Bloomberg) — On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky

March 20, 2024
Total Views: 3049

Smoke billows after Ukraine's SBU drone strikes a refinery, amid Russia's attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from a video obtained by Reuters, March 13, 2024. Video Obtained By Reuters/via REUTERS
News

Ukraine’s Drone Strikes on Russian Oil Refineries Mark New Phase in War

(Bloomberg) — Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200

March 20, 2024
Total Views: 13857

Tuesday, March 19, 2024
File photo of an oil tanker at sea
Shipping

Two Tankers With Russian Crude Idle for Weeks Off India

By Sherry Su (Bloomberg) — Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India for more than three weeks

March 19, 2024
Total Views: 5074

oil tanker
Shipping

Shadow-Fleet Tanker Damaged in Collision Near Denmark

(Bloomberg) — A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the

March 19, 2024
Total Views: 6302

Monday, March 18, 2024
Sovcomflot ship bridge
News

Russian Oil Squeeze Tightens as Sovcomflot Admits Difficulties

(Bloomberg) — Russia’s state oil tanker company PJSC Sovcomflot said that US sanctions are putting pressure on its operations, the latest sign that the

March 18, 2024
Total Views: 5465

Saturday, March 16, 2024
adventure of the seas
Cruise Ships

Luxury Cruises Cancel Stop At Haiti Beach Oasis As Violence Rises

By Jim Wyss (Bloomberg) –Royal Caribbean Cruises Ltd. is suspending visits to its private enclave in Haiti as gang violence and lawlessness grip the

March 16, 2024
Total Views: 4944

Oil supertanker Grace 1 seen in waters of British overseas territory of Gibraltar
Shipping

Treasury Is Asked Why US Firm Insures Ships Carrying Iran Oil

By Zachary R. Mider and Zeke Faux (Bloomberg) –A Republican congressman is asking the Treasury Department to explain its handling of a US insurance

March 16, 2024
Total Views: 3308

Friday, March 15, 2024
A tanker transits the Panama Canal Locks
Shipping

The Panama Canal Averts a Crisis for Now— But at a Cost to Drinking Water

By Peter Millard, Michael McDonald and Eric Roston (Bloomberg) — The Panama Canal has avoided the worst of a shipping crunch that threatened to upend

March 15, 2024
Total Views: 4041

Thursday, March 14, 2024
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Drone Strikes Deal Blow to Russian Diesel Exports

By Bill Lehane and Jack Wittels (Bloomberg) — Shipments of diesel from Russian ports have fallen in the weeks since drone strikes began on the

March 14, 2024
Total Views: 3675

Port of Durban south africa.File photo: Shutterstock/michaeljung
Ports

Inefficient African Ports See Diverted Red Sea Traffic Slipping Away

By Colleen Goko (Bloomberg) — Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a surge in ship traffic

March 14, 2024
Total Views: 4449

Wednesday, March 13, 2024
Icon of the Seas pictured leaving for sea trials
Shipping

Mega Cruise Ships Seen Fueling Comeback

By Joel Leon (Bloomberg) — The impressive run from cruise-line operators over the past year has room to run, according to Goldman Sachs Group Inc.

March 13, 2024
Total Views: 2920

U.S. President Joe Biden speaks during his visit in Philly Shipyard in Philadelphia, Pennsylvania, U.S., July 20, 2023. REUTERS/Evelyn Hockstein
Shipbuilding

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

By Bloomberg News (Bloomberg) — US President Joe Biden pledged to look into a petition from a group of unions asking his administration to review

March 13, 2024
Total Views: 2182

Tuesday, March 12, 2024
An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo
Shipping

Russia’s Crude Shipments Rebound to the Highest Level This Year

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports surged to the highest level for the year so far, with shipments from a key Pacific

March 12, 2024
Total Views: 897

Sunday, March 10, 2024
Philippines resupply mission in the South China Sea. REUTERS/Adrian Portugal
Offshore

US Key to Philippines’ Plan to Tap Oil, Gas in South China Sea

By Andreo Calonzo and Manolo Serapio Jr. Mar 10, 2024 (Bloomberg) –The Philippines is counting on the US and its allies to play a crucial role in

March 10, 2024
Total Views: 31190