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Wednesday, November 1, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Crisis in U.S. Offshore Wind Industry Escalates

(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns

November 1, 2023
Total Views: 5259

Tuesday, October 31, 2023
lng carrier
Energy

Pipeline Installation a Positive Sign for Canadian LNG Exports

(Bloomberg) — TC Energy Corp. has welded the last stretch of the Coastal GasLink pipeline into place, adding to signs that a huge facility to export

October 31, 2023
Total Views: 2383

Karpowership Wins Environment Permit for South African Power Plant
Energy

Karpowership Wins Environment Permit for South African Power Plant

(Bloomberg) — Karpowership won environmental authorization for one of three ship-mounted power plants it wants to connect to the South African grid, a

October 31, 2023
Total Views: 1014

Monday, October 30, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Russian Diesel Cargoes Set to Surge with Export Ban Lifted

By Bloomberg News (Bloomberg) — Russia plans to boost diesel shipments from its main western ports by more than half next month as the nation’s

October 30, 2023
Total Views: 3615

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

As Wind Industry Struggles, Investors Brace for Orsted Losses

(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after

October 30, 2023
Total Views: 2141

Sunday, October 29, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Argentina Threatens to Cut Fuel Exports Amid Shortage

By Scott Squires Oct 29, 2023 (Bloomberg) –Argentina’s oil producers will be barred from exports unless they increase fuel supplies to address

October 29, 2023
Total Views: 3404

deep-sea mining vessels
Offshore

Will China Win The Race For Seabed Riches?

by James Stavridis (Bloomberg Opinion) When I was a Ph.D. student at Tufts University almost 40 years ago, I focused on the law of the sea. I was fascinated

October 29, 2023
Total Views: 3317

Saturday, October 28, 2023
The BRP Sierra Madre, a marooned transport ship which Philippine Marines live on as a military outpost, is pictured in the disputed Second Thomas Shoal, part of the Spratly Islands in the South China Sea March 30, 2014. REUTERS/Erik De Castro
Defense

Race To Fix Crumbling Ship Threatens Conflict In South China Sea

By Philip J. Heijmans and Cliff Venzon (Bloomberg) –Even as concerns mount in the US over a possible Chinese invasion of Taiwan, the flashpoint most

October 28, 2023
Total Views: 55093

Friday, October 27, 2023
Bulk carrier Aroyat and general cargo vessel Resilient Africa arrives to the sea port of Chornomorsk. Photo September 16, 2023. REUTERS/Stringer.
Shipping

Ukraine Ramps Up Scrutiny of Grain Exports

By Volodymyr Verbianyi and Áine Quinn (Bloomberg) — Ukraine is imposing tighter controls over grain traders to boost revenues to fund its wartime

October 27, 2023
Total Views: 2189

Oil Tanker Bridge
Shipping

Tankers Line Up Off South Africa to Ensure Diesel Power

(Bloomberg) — South Africa is utilizing ships to store diesel as part of an effort to ensure supply to run generators and reduce electricity outages that

October 27, 2023
Total Views: 5128

Wednesday, October 25, 2023
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Whale Buffer Zone Could Thwart Gigawatts of US Offshore Wind

By Jennifer A. Dlouhy (Bloomberg) — Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer

October 25, 2023
Total Views: 2779

The Polesie is pictured following its collision with the Verity in the German North Sea Bight
Accidents

Rescue Called Off for Missing Crew from UK-Flagged Ship

By William Wilkes (Bloomberg) — Rescuers abandoned efforts to find four missing sailors a day after a British cargo ship sank in the North Sea following

October 25, 2023
Total Views: 7325

Tuesday, October 24, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

IEA Predicts Global Oil Demand Peaking This Decade

(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing

October 24, 2023
Total Views: 1916

Monday, October 23, 2023
File photo of an offshore drillship
Offshore

Chevron Wins Piece of Exxon’s Guyana Oil Riches With Hess Deal

By Kevin Crowley (Bloomberg) — The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil

October 23, 2023
Total Views: 1127

Sunday, October 22, 2023
Russian Navy's guided missile cruiser Marshal Ustinov takes part in the drills in the Barents Sea.Russian Defence Ministry/Handout via REUTERS
Shipping

NATO Admiral Says Growing China-Russia Ties Raise Risk in Arctic

By Danielle Bochove and Natalia Drozdiak (Bloomberg) –NATO is increasingly concerned about China’s shipping on Russia’s Northern Sea route, and

October 22, 2023
Total Views: 3363

Brazil drought reduces Amazon river port water levels to 121-year record low. REUTERS/Bruno Kelly/File Photo
Shipping

Historic Amazon Drought To Get Worse

By Beatriz Amat (Bloomberg) –There is no relief in sight for a historic drought in Brazil’s Amazon that has been disrupting river transport,

October 22, 2023
Total Views: 3626

Saturday, October 21, 2023
bonny nigeria lng. photo REUTERS/Akintunde Akinleye
Shipping

Nigeria Turns To Tiny Tankers To Replace Big Broken Oil Pipeline

By Bill Lehane (Bloomberg) —Nigeria is turning to a fleet of tiny river-going tankers to boost its oil production because one of its key oil

October 21, 2023
Total Views: 2804

Mexico Asks China For Help Stopping Fentanyl Shipments
News

Mexico Asks China For Help Stopping Fentanyl Shipments

By Matthew Bristow (Bloomberg) Mexican diplomats and law enforcement officials visited China last week for talks over how to curb the smuggling of chemicals

October 21, 2023
Total Views: 2858

Friday, October 20, 2023
Port of Djibouti with container handling cranes in background
Ports

Djibouti Rejects Ethiopia’s Red Sea Port Plan

By Simon Marks (Bloomberg) — Djibouti joined Eritrea and Somalia in rejecting an appeal from Ethiopia’s Prime Minister Abiy Ahmed to grant his country

October 20, 2023
Total Views: 11797

US Navy amphibious transport dock ship in the Middle East transiting the Suez Canal
News

LNG Tanker Departs Suez Canal Empty To Avoid War Risk Insurance Premium

By Anna Shiryaevskaya (Bloomberg) A liquefied natural gas vessel left an export terminal in Egypt either unloaded or only partially loaded, raising concerns

October 20, 2023
Total Views: 11920