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Sunday, November 5, 2023
Libya-nautical-chart
Defense

Putin’s Move To Secure Libya Bases Is New Regional Worry For US

By Bloomberg News Nov 5, 2023, (Bloomberg) —Russia is moving to expand its military presence in eastern Libya, a plan that could lead to a naval

November 5, 2023
Total Views: 4324

Friday, November 3, 2023
Close in photo of Maersk ship loaded with containers
Shipping

Maersk Slumps After Forecasting Weak Global Trade Until 2026

(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in

November 3, 2023
Total Views: 3037

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Traffic Is Being Throttled by Climate Change

(Bloomberg) — The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels

November 3, 2023
Total Views: 2122

Thursday, November 2, 2023
ocean wind 1 project
Offshore

Biden Climate Goal Within Reach Despite Offshore Wind Setbacks

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

November 2, 2023
Total Views: 1227

Wednesday, November 1, 2023
FILE PHOTO: Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. REUTERS/Amanda Perobelli/File Photo
Shipping

Sugar Piles Up at Brazilian Ports Amid Global Shortage

By Dayanne Sousa and Isis Almeida (Bloomberg) — The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion

November 1, 2023
Total Views: 3405

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: 5265

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: 2387

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: 1028

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: 3619

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: 2148

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: 3409

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: 3327

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: 55100

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: 2203

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: 5133

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: 2785

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: 7334

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: 1920

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: 1130

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: 3373