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Thursday, September 14, 2023
offshore wind turbines rendering
Offshore

Vattenfall Plans German Offshore Wind Farm After UK Project Exit

(Bloomberg) — Swedish state-owned utility Vattenfall AB is planning further investments in offshore wind energy in Germany, showing confidence in the

September 14, 2023
Total Views: 1123

Tuesday, September 12, 2023
MHI Vestas Offshore Wind Turbine
Offshore

UK’s Offshore Energy Industry Risks Missing Out on 95,000 Jobs

(Bloomberg) — If the UK doesn’t significantly ramp up renewables investment at a time when oil and gas is in decline, as many as 95,000 potential

September 12, 2023
Total Views: 813

Flexport CEO Ryan Petersen at Davos
Shipping

Petersen Returns to Revive Flexport Profits, Trade-for-All Goals

(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology

September 12, 2023
Total Views: 440

Monday, September 11, 2023
Maersk's first methanol-enabled container vessel is pictured in this handout image obtained by Reuters on August 16, 2023. Maersk/Handout via REUTERS
Shipping

Maersk Taps Investors for First Dollar-Denominated Green Bond

By Caleb Mutua (Bloomberg) — Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company

September 11, 2023
Total Views: 1490

LNG TANKER - Sunrise
Shipping

Chevron Asks Regulator to Intervene in Australia LNG Strikes

By Rob Verdonck and Stephen Stapczynski (Bloomberg) — Chevron Corp. is applying to a labor regulator to help resolve its dispute with unions at liquefied

September 11, 2023
Total Views: 717

Sunday, September 10, 2023
The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Offshore

Extreme Heat Is Fast Becoming A Threat To Global Fuel Security

By Serene Cheong, Sharon Cho and Yongchang Chin (Bloomberg) –Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a

September 10, 2023
Total Views: 2595

Saturday, September 9, 2023
Summer heatwave hits Southern California. REUTERS/Mike Blake
Marine Weather

The Push To Identify Ocean Heat Waves Before They Happen

By Kendra Pierre-Louis (Bloomberg) –The world’s oceans are simmering. Some 48% of the ocean experienced marine heat waves in August, according to

September 9, 2023
Total Views: 1409

Superyacht Alfa Nero docked in Falmouth Harbour in Antigua. Photo Credit:Bloomberg
Shipping

Ex-Google CEO Scraps $67.6 Million Purchase Of Abandoned Superyacht

By Jim Wyss and Devon Pendleton (Bloomberg) –Former Google CEO Eric Schmidt has backed out of purchasing a superyacht that’s been abandoned in

September 9, 2023
Total Views: 10148

Friday, September 8, 2023
aerial of an offshore wind turbine
Energy

US Offshore Wind Slammed by Runaway Costs

(Bloomberg) — The US offshore wind industry, banking on a big boost from the landmark Inflation Reduction Act, has found itself face-to-face with a major

September 8, 2023
Total Views: 5170

Thursday, September 7, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China’s Export Slump Eases as Economy Searches for Stability

(Bloomberg) — China’s trade slump eased in August, adding to early signals the worst may be over for some parts of the world’s second-largest economy

September 7, 2023
Total Views: 847

Stock photo of an oil tanker moored at sea
Shipping

Greek Shipping Company Admits to Breaking US Sanctions on Iran Oil

(Bloomberg) — A Greek shipping company admitted to violating US sanctions on Iran by transporting oil from the Middle East country in an agreement with

September 7, 2023
Total Views: 1472

Wednesday, September 6, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
News

Global Trade Finance Gap at Record $2.5 Trillion, Says ADB

(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity

September 6, 2023
Total Views: 776

Tuesday, September 5, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Energy

Orsted Ready to Abandon U.S. Wind Projects Amid Challenges

(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the

September 5, 2023
Total Views: 15297

An undated handout photo of the Gorgon LNG project located in Western Australia.
Offshore

Chevron Seeks to Head Off LNG Strikes as Clock Ticks Down

(Bloomberg) — Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major export plants from

September 5, 2023
Total Views: 1206

Saturday, September 2, 2023
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

Freight Rates Surge As Mississippi River Water Levels Drop

By Tarso Veloso (Bloomberg) –The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water

September 2, 2023
Total Views: 4821

The world’s first green methanol fueled container ship has bunkered in the Port of Rotterdam, taking on OCI HyFuels green methanol for the final leg of its maiden voyage. Photo credit: OCI Global
Ports

Ports In Europe Lure Investors Into Clean Energy Gateway Plan

By Sofia Gerace Sep 2, 2023 (Bloomberg) –Ports in Europe are racing to win a key role in the bloc’s ambitious climate strategy as they try to

September 2, 2023
Total Views: 1621

Friday, September 1, 2023
File photo of an oil tanker at sea
Shipping

Oil Tanker Earnings Plummet Amid Outlook for Deeper OPEC+ Curbs

By Bill Lehane (Bloomberg) — Earnings for oil tankers in the Middle East declined to the lowest level so far this year as the prospect of deeper OPEC+

September 1, 2023
Total Views: 1946

lng carrier
News

Big Tech’s Poaching of Oil Patch Workers Threatens to Snarl U.S. Gas Export Boom

(Bloomberg) — Jose De Hoyos is recruiting in the oil patch. He got his start meeting workers in Pennsylvania’s Marcellus shale basin. This month,

September 1, 2023
Total Views: 2161

Thursday, August 31, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Shipper Pays $2.4 Million to Skip the Line

By Alex Longley, Ruth Liao and Anna Shiryaevskaya (Bloomberg) — Shippers are having to pay record amounts if they want their carriers to beat a logjam

August 31, 2023
Total Views: 21956

Stock photo of an oil tanker moored at sea
Shipping

Kazakhstan Diversifies Oil-Export Routes With Tanker Purchases

(Bloomberg) — Kazakhstan is buying tankers to ship its oil across across the Caspian and Black Seas, the latest sign that central Asia’s largest crude

August 31, 2023
Total Views: 1339