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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: 3578

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: 4312

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: 2831

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: 2073

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: 822

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: 31016

Saturday, March 9, 2024
Chinese Coast Guard vessels fire water cannons towards a Philippine resupply vessel Unaizah May 4 on its way to a resupply mission at Second Thomas Shoal in the South China Sea. REUTERS/Adrian Portugal TPX IMAGES OF THE DAY
Defense

Philippines Adopts New Defense Strategy Amid South China Sea Row

By Ditas Lopez Mar 9, 2024 (Bloomberg) —Philippine Defense Secretary Gilberto Teodoro has directed the military to enforce a new strategy to defend

March 9, 2024
Total Views: 56205

Friday, March 8, 2024
French frigate escort
Shipping

Red Sea Crisis Could Fan Asia’s Inflation Anew, Delay Rate Cuts

By Claire Jiao (Bloomberg) — Asia could see slower economic growth and a resurgence of inflation as escalating violence in the Red Sea snarls shipping

March 8, 2024
Total Views: 574

yantian port china
Shipping

Global Trade Struggling to Bounce Back from 2023 Slump, WTO Says

By Brendan Murray (Bloomberg) — Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive

March 8, 2024
Total Views: 357

Thursday, March 7, 2024
A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS
Shipping

Deadly Ship Attack Means Shipowners Should Re-Think Red Sea Voyages

By Alex Longley (Bloomberg) – A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to

March 7, 2024
Total Views: 1346

Wednesday, March 6, 2024
The MV Rubymar pictured before its sinking
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: 4616

Felicity Ace seen burning in the Atlantic Ocean off the Azores Islands. Picture was released Friday, February 18, 2022 by the Portuguese Navy. Photo courtesy Portuguese Navy
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: 3136

Tuesday, March 5, 2024
Christophe de Margerie LNG carrier
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: 11151

Philippine Coast Guard personnel inspect the hull of the ship during a collision incident between the Philippine Coast Guard vessel BRP Sindangan and a Chinese Coast Guard ship in the disputed South China Sea, March 5, 2024. Philippine Coast Guard/Handout via REUTERS
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: 745

Monday, March 4, 2024
Gasoline tanker at terminal. Photo Shutterstock
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: 1949

tanker at sea
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: 766

Sunday, March 3, 2024
Children run on the top of bags filled with sand to protect the terrace of a "Chiringuito", a beach restaurant, of sea-level rises after storm Ciaran, on the Barceloneta beach in Barcelona. REUTERS/Nacho Doce
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: 2173

British Royal Navy destroyer HMS Defender in the Bosphorus Strait. REUTERS/Yoruk Isik
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: 6887

Friday, March 1, 2024
tanker deck
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: 10244

The Indian Navy approaches the M/V Lila Norfolk in the Indian Ocean, January 5, 2023. Photo courtesy Indian Navy
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: 1235
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