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Monday, March 20, 2023
Rising Rates Are Reshaping Once-Lucrative Commodity Trades
Shipping

Rising Rates Are Reshaping Once-Lucrative Commodity Trades

By Archie Hunter (Bloomberg) — Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of

March 20, 2023
Total Views: 1294

Sunday, March 19, 2023
Oil, Gas And Shipping Are Key Charts To Watch In Global Commodity Markets This Week
Shipping

Oil, Gas And Shipping Are Key Charts To Watch In Global Commodity Markets This Week

By Sophie Caronello Mar 19, 2023(Bloomberg) –Here are some notable charts to monitor in commodities markets over the coming days. Oil & Gas Oil

March 19, 2023
Total Views: 1323

What’s Included In The UN High Seas Biodiversity Treaty?
Environment

What’s Included In The UN High Seas Biodiversity Treaty?

By Todd Woody (Bloomberg) –An agreement reached this month on the language of a landmark United Nations treaty to preserve marine biodiversity

March 19, 2023
Total Views: 1631

Saturday, March 18, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Giants Sprout From Nowhere To Keep Russian Oil Moving

By Elizabeth Low Mar 18, 2023 (Bloomberg) –At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have

March 18, 2023
Total Views: 16648

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. REUTERS/Umit Bektas/File Photo
Shipping

Black Sea Grain Initiative Extended

By Megan Durisin and Áine Quinn Mar 18, 2023(Bloomberg) –The agreement allowing Ukraine to export crops out of key Black Sea ports was renewed for

March 18, 2023
Total Views: 1344

Friday, March 17, 2023
Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi in Istanbul. REUTERS/Umit Bektas
Shipping

Ukraine Grain Deal Renewal Still Unresolved a Day Before Expiration

By Megan Durisin, Áine Quinn and Selcan Hacaoglu (Bloomberg) — The extension of the deal that’s bolstered Ukraine’s crop exports is still clouded

March 17, 2023
Total Views: 670

Wind turbines off of Block Island
Offshore

Republican Lawmakers Critical of East Coast Offshore Wind Plans

By Josh Saul (Bloomberg) — Four Republican lawmakers criticized offshore wind farms planned for waters off the East Coast at a New Jersey

March 17, 2023
Total Views: 1576

Thursday, March 16, 2023
Stock photo of an lng carrier at sunset
Shipping

Repsol Scraps Bid to Ship Canadian Gas to Europe Over Rising Costs

By Brian Platt (Bloomberg) — Spanish energy firm Repsol SA has abandoned the idea of expanding a liquefied natural gas terminal on Canada’s east

March 16, 2023
Total Views: 2492

Chevron Asks Venezuela to Dredge Lake to Help Boost Oil Exports
Shipping

Chevron Asks Venezuela to Dredge Lake to Help Boost Oil Exports

By Fabiola Zerpa and Nicolle Yapur (Bloomberg) — Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount

March 16, 2023
Total Views: 2574

Wednesday, March 15, 2023
Stock photo of an oil tanker moored at sea
Ports

Sentinel Sees Gulf Coast Deepwater Port Approval Coming Next Year

The 1 million-barrel-per-day GulfLink project is one of three proposed deepwater oil export terminals along the Gulf Coast with pending applications with the

March 15, 2023
Total Views: 1750

DP World Looks to Develop Warehousing at UK’s Southampton Port
Shipping

DP World Looks to Develop Warehousing at UK’s Southampton Port

By Brendan Murray (Bloomberg) — DP World Ltd. is looking to expand operations at the UK’s Port of Southampton by developing warehouse space to meet

March 15, 2023
Total Views: 1284

Tuesday, March 14, 2023
hastings bulk carrier coal ships shipping iron ore newcastle.REUTERS/David Gray
Shipping

China Lifts Unofficial Ban on Australian Coal

By Bloomberg News (Bloomberg) — China will allow all domestic companies to import Australian coal, signaling an end to trade restrictions imposed in

March 14, 2023
Total Views: 2322

smoke pollution coming from a container ship
Shipping

Why the Global Shipping Industry is Struggling to Clean Up its Act

By William Ralston (Bloomberg) — Singapore-based BW LPG goes about its business differently than many shipowners. If during a vessel’s passage it

March 14, 2023
Total Views: 7207

Monday, March 13, 2023
Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda
Shipping

Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda

By Jennifer A. Dlouhy (Bloomberg) — President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue

March 13, 2023
Total Views: 1741

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Fewer Containerships in U.S. Waters Reveals Trade Slowdown

By Kevin Varley (Bloomberg) — The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest

March 13, 2023
Total Views: 4865

Sunday, March 12, 2023
North Korea Launches Underwater Cruise Missiles Drills
Maritime Security

North Korea Launches Underwater Cruise Missiles Drills

By Victoria Cavaliere Mar 12 (Bloomberg) –North Korea said it launched two strategic cruise missiles in the waters of the East Sea of Korea, a drill

March 12, 2023
Total Views: 2777

UK Prime Minister Visits US To Unveil Australian Nuclear-Sub Plan With Biden
Navy

UK Prime Minister Visits US To Unveil Australian Nuclear-Sub Plan With Biden

By Kitty Donaldson (Bloomberg) –Prime Minister Rishi Sunak is heading to the US on Sunday to meet President Joe Biden and Australian Prime Minister

March 12, 2023
Total Views: 1785

Friday, March 10, 2023
Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi in Istanbul. REUTERS/Umit Bektas
Shipping

Turkey Blocks Sanctioned Goods to Russia

By Bloomberg News (Bloomberg) — Turkey abruptly stopped the transit of sanctioned goods to Russia this month as the European Union and the US pressure

March 10, 2023
Total Views: 18068

Wednesday, March 8, 2023
A hand full of sand containing small pieces of plastic pollution.
Environment

The Ocean Plastic Pollution Problem is Growing Bigger—And Fast

By Leslie Kaufman (Bloomberg) — There are more than 170 trillion — or 2 million tons’ worth — of tiny plastic particles floating on the

March 8, 2023
Total Views: 1727

U.S. Trade Deficit Grows to Start the Year
Shipping

U.S. Trade Deficit Grows to Start the Year

By Reade Pickert (Bloomberg) — The US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of

March 8, 2023
Total Views: 926