Bloomberg

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Wednesday, March 6, 2024
Shipping

‘Rubymar’ Anchor Seen as Likely Cause of Severed Red Sea Cables

By Olivia Solon and Mohammed Hatem (Bloomberg) — The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to

March 6, 2024
Total Views: 5230

Shipping

Volkswagen Faces Lawsuits Over ‘Felicity Ace’ Fire

By Karin Matussek (Bloomberg) — Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that

March 6, 2024
Total Views: 3317

Tuesday, March 5, 2024
Shipping

Unclaimed Arctic Gas Carriers Threaten Russia’s LNG Expansion

(Bloomberg) — Ever-tighter sanctions against Moscow have left a South Korean shipbuilder struggling to find buyers for specialized vessels intended to

March 5, 2024
Total Views: 11267

Shipping

Philippines, China Trade Protests After Ships Collide Again

By Cliff Venzon and Andreo Calonzo (Bloomberg) — The Philippines and China traded complaints after their ships collided again in the South China Sea on

March 5, 2024
Total Views: 800

Monday, March 4, 2024
Shipping

Iran Defies US Sanctions With Surging LPG Exports

By Patrick Sykes (Bloomberg) — Iran is defying US sanctions with surging exports of liquefied petroleum gas, the latest sign that American pressure is

March 4, 2024
Total Views: 2040

News

OPEC+ Extends Oil Cuts, With Russia Bolstering its Effort

(Bloomberg) — OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices.  The curbs —

March 4, 2024
Total Views: 809

Sunday, March 3, 2024
Environment

Rising Sea Levels Increase Threat Of Arsenic In Drinking Water

By Kendra Pierre-Louis (Bloomberg) —Rising seas due to climate change could exacerbate the threat of arsenic in drinking water, according to a study

March 3, 2024
Total Views: 2262

Defense

Netherlands to Spend Billions on Ships to Boost Defense Capacity

By Sarah Jacob and Diederik Baazil (Bloomberg) –The Netherlands has earmarked several billion euros to replace most of its large surface ships over

March 3, 2024
Total Views: 6969

Friday, March 1, 2024
Shipping

Russian Oil Tankers Behave Strangely After Latest U.S. Sanctions

By Julian Lee (Bloomberg) — Two oil tankers appeared to stop what they were doing off the coast of Greece just a few days after the US Treasury

March 1, 2024
Total Views: 10346

Piracy

India Expects Piracy Attacks to Rise, Stretching Navy Resources

By Sudhi Ranjan Sen (Bloomberg) — Attacks on commercial shipping in the Arabian and Red Sea by pirates and Iran-backed Houthi rebels are likely to

March 1, 2024
Total Views: 1300

Thursday, February 29, 2024
Shipping

US Sanctions Are Moving Closer to Disrupting Russia’s Crude Exports

Sanctions by the US Treasury are quietly turning up the heat on Russia’s oil exports — to the point where they may soon be at risk of curtailment, writes

February 29, 2024
Total Views: 2654

Shipping

Exxon Plays Hardball With Chevron Over Guyana’s Oil Riches

By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.

February 29, 2024
Total Views: 2447

News

Australia, Philippines Sign Maritime Accord as China Rises

(Bloomberg) — Australia and the Philippines have signed an agreement to boost collaboration on maritime security, including “promoting respect for

February 29, 2024
Total Views: 14237

Wednesday, February 28, 2024
Defense

U.S. Has Hit 230 Houthi Targets in Yemen

By Daniel Flatley and Tony Capaccio (Bloomberg) — The US has struck 230 targets in Yemen following Houthi-led attacks against shipping in the Red Sea, a

February 28, 2024
Total Views: 3588

Tuesday, February 27, 2024
Cruise Ships

Norwegian Cruise Line Signals Strong Demand Despite Red Sea Chaos

(Bloomberg) — Norwegian Cruise Line Holdings rose in pre-market trading after issuing its initial financial guidance for 2024 ahead of Wall Street

February 27, 2024
Total Views: 2620

Shipping

Russia’s Crude Exports Shrug Off Halt to Key Pacific Grade

By Julian Lee (Bloomberg) — A temporary halt in shipments of Russia’s Sokol crude from Sakhalin Island on the Pacific Coast was offset by a surge

February 27, 2024
Total Views: 1526

Monday, February 26, 2024
Defense

U.S. Navy Secretary Looks to Asia to Revive Shipbuilding at Home

By Nick Wadhams (Bloomberg) — The US needs to revive domestic shipbuilding with increased funding from Congress and investment from overseas, Navy

February 26, 2024
Total Views: 15663

Shipping

Qatar Has Eyes on More Long-Term Deals as It Bets Big on LNG

(Bloomberg) — Qatar is seeking more gas deals in Europe and Asia in a bet demand will continue to grow as it embarks on a new multibillion-dollar project

February 26, 2024
Total Views: 1156

Sunday, February 25, 2024
Shipbuilding

Shortage Of Oil Tankers At Hand As Red Sea Attacks Divert Trade

By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built

February 25, 2024
Total Views: 4306

Cruise Ships

Mauritius Stops Norwegian Cruise Ship From Docking Amid Outbreak

By Kamlesh Bhuckory Feb 25, 2024 (Bloomberg) –A vessel belonging to Norwegian Cruise Line Holding Ltd. was prevented from docking at Mauritius’

February 25, 2024
Total Views: 35639