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Friday, June 16, 2023
tanker at sea
Shipping

Iranian Oil Is Quietly Flooding Into the Global Market Again

(Bloomberg) — Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks

June 16, 2023
Total Views: 4646

Thursday, June 15, 2023
aerial view of the ports of los angeles and long beach
Shipping

Nation’s Supply Chain Threat Diminishes With West Coast Port Deal

By Laura Curtis and Jordan Fabian (Bloomberg) — Workers and employers announced a tentative agreement on a new six-year contract that will cover

June 15, 2023
Total Views: 1184

aerial of an offshore wind turbine
Energy

French Energy Regulator Urges Offshore Wind Fixes After EDF Wins

(Bloomberg) — France must overhaul its offshore wind farm auction process to stimulate investment and competition if it wants to hit President Emmanuel

June 15, 2023
Total Views: 1131

Wednesday, June 14, 2023
Crude oil tanker Advantage Angel transits Istanbul's Bosphorus
Shipping

Oil Supertanker Rates Surge as Cargoes From Mideast Climb

(Bloomberg) — Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes jumped from the Middle

June 14, 2023
Total Views: 1240

FSO Safer: The $140 Million Effort to Defuse a ‘Ticking Time Bomb’
News

FSO Safer: The $140 Million Effort to Defuse a ‘Ticking Time Bomb’

(Bloomberg) — An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime salvage experts have

June 14, 2023
Total Views: 1977

Tuesday, June 13, 2023
offshore oil rig
Energy

China Drills in Deeper Waters to Cut Reliance on Foreign Oil

(Bloomberg) — A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s efforts to slow

June 13, 2023
Total Views: 2633

Monday, June 12, 2023
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

Charting the Global Economy: Weak Trade Shows China Struggling

By Vince Golle and Molly Smith (Bloomberg) — Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for

June 12, 2023
Total Views: 1907

Marshall Islands-flagged oil tanker Advantage Sweet, which, according to Refinitiv ship tracking data, is a Suezmax crude tanker which had been chartered by oil major Chevron and had last docked in Kuwait, sails at Marmara sea near Istanbul, Turkey January 10, 2023. REUTERS/Yoruk Isik
Shipping

U.S. May Unload Oil From Seized Iranian Vessel Off Texas

(Bloomberg) — The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice

June 12, 2023
Total Views: 6129

Sunday, June 11, 2023
Ukraine Warns of Toxic Black Sea ‘Garbage Dump’ From Dam Debris
News

Ukraine Warns of Toxic Black Sea ‘Garbage Dump’ From Dam Debris

By Daryna Krasnolutska (Bloomberg) –Floodwaters have started to recede four days after the destruction of Ukraine’s Kakhovka Dam, laying bare

June 11, 2023
Total Views: 3035

Russia Says It Repelled Ukrainian Attack On Black Sea Fleet Ship
Defense

Russia Says It Repelled Ukrainian Attack On Black Sea Fleet Ship

(Bloomberg) –Russia’s Defense Ministry says it repelled an attack by Ukrainian speedboats on one of its Black Sea Naval vessels early on Sunday. The

June 11, 2023
Total Views: 3667

Saturday, June 10, 2023
Barbados Explores Oil Import Fees And Carbon Levies
Environment

Barbados Explores Oil Import Fees And Carbon Levies

By Akshat Rathi (Bloomberg) The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that

June 10, 2023
Total Views: 931

Thursday, June 8, 2023
San Pedro Ports Prepare to Manage Ship Traffic as Labor Disrupts Cargo
Shipping

San Pedro Ports Prepare to Manage Ship Traffic as Labor Disrupts Cargo

(Bloomberg) — Most container ships through the biggest import gateway in the US face delays as labor-related disruptions widen on the West Coast and

June 8, 2023
Total Views: 2467

Wednesday, June 7, 2023
Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Shipping

West Coast Ports See Extended Disruption as Labor Talks Drag On

(Bloomberg) — The biggest shipping gateways on the US West Coast are enduring the longest labor-related disruptions since 2015 as talks between port

June 7, 2023
Total Views: 1132

Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China Exports Drop More Than Expected, Fueling Growth Risks

(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand

June 7, 2023
Total Views: 1144

Tuesday, June 6, 2023
The Kozmino oil port in eastern Russia
Shipping

Russian Crude Exports Stay High as OPEC+ Partners Call for Clarity

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that

June 6, 2023
Total Views: 1933

an overhead view of port of los angeles docks
Ports

West Coast Port Disruptions to Extend to Tuesday

By Laura Curtis and Jordan Fabian (Bloomberg) — Intermittent disruptions at several key US West Coast ports are set to stretch into their fifth day

June 6, 2023
Total Views: 3623

Sunday, June 4, 2023
port of long beach 2
Ports

West Coast Port Terminal To Close Monday As Disruptions Persist

By Alicia Diaz and Laura Curtis Jun 4, 2023 (Bloomberg) –At least one terminal at the Port of Long Beach will be shut on Monday, seeming to extend

June 4, 2023
Total Views: 6725

Saturday, June 3, 2023
Superyacht Alfa Nero docked in Falmouth Harbour in Antigua. Photo Credit:Bloomberg
Shipping

Abandoned Russian Superyacht To Be Auctioned After Sanctions Lifted

By Stephanie Baker (Bloomberg) –The US Treasury removed an abandoned $120 million Russian superyacht from its sanctions list, clearing the way for

June 3, 2023
Total Views: 18980

panama canal tonnage record
Shipping

The Fed’s Inflation Fight Faces A New Challenge: A Dry Panama Canal

By Laura Curtis, Ruth Liao and Michael D McDonald (Bloomberg) –Federal Reserve Chair Jerome Powell keeps careful track of employment levels,

June 3, 2023
Total Views: 86671

Friday, June 2, 2023
petrobras carwash probe
Environment

Petrobras Using Carbon Capture to Ramp Up Gas Production, Raising Sustainability Questions

(Bloomberg) — Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed in a

June 2, 2023
Total Views: 965