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Friday, December 16, 2022
Shipbuilding

Italian Shipbuilder Fincantieri Looks to Slash Leverage in Business Revamp

By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the

December 16, 2022
Total Views: 926

Shipping

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1798

Thursday, December 15, 2022
Shipping

Commodity Shippers Nearing Insurance Cliff for Vessels to Russia

By Steven Arons, Áine Quinn and Alex Longley (Bloomberg) — Some of the biggest names in ship reinsurance are days away from ceasing to cover key

December 15, 2022
Total Views: 1161

Offshore

First FSRU Arrives In Germany To Help Ease Gas Crunch

By Petra Sorge, Vanessa Dezem and Michael Nienaber (Bloomberg) — Germany’s first liquefied natural gas terminal arrived on the country’s north

December 15, 2022
Total Views: 1962

Wednesday, December 14, 2022
Shipping

Europe Fills Up On Diesel Cargoes as Russian Sanctions Near

By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments

December 14, 2022
Total Views: 1102

Shipping

Russia Sets Up Baltic Sea Ship-to-Ship Terminal for Tankers

By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid

December 14, 2022
Total Views: 4644

Shipping

China’s Covid Pivot Set to Worsen the Global Energy Crunch

By Bloomberg News (Bloomberg) — China’s pivot away from Covid Zero is poised to boost natural gas demand in the world’s biggest importer,

December 14, 2022
Total Views: 1279

Monday, December 12, 2022
People relax on the beach with Britain's biggest container port in Felixstowe, Britain
Ports

UK’s Port of Felixstowe Reaches Pay Deal With Dockworkers

By Siddharth Philip (Bloomberg) — The Port of Felixstowe, Britain’s busiest container port, said that over 90% of its workers had agreed to accept a

December 12, 2022
Total Views: 1189

Offshore

Sign of U.S. Offshore Wind Boom Arrives Off New York Beach

By Josh Saul (Bloomberg) — A drill as tall as a house stands on the blustery shore of the Atlantic Ocean, digging a tunnel deep under an exclusive New

December 12, 2022
Total Views: 1756

Saturday, December 10, 2022
Shipping

Russian Billionaire Gets Judge on Board in Fight Over French Riviera Yacht

By Gaspard Sebag (Bloomberg) –Sanctioned Russian billionaire Alexey Kuzmichev has notched up another victory in his fight with French authorities

December 10, 2022
Total Views: 4468

Shipping

Oil Tanker Sails Through Bosphorus In Sign Insurance Spat Easing

By Alaric Nightingale (Bloomberg) –Turkish authorities allowed an oil tanker to pass through country’s vital Bosphorus shipping strait, suggesting

December 10, 2022
Total Views: 1647

Friday, December 9, 2022
Shipping

At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse

By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re

December 9, 2022
Total Views: 2005

Thursday, December 8, 2022
Shipping

Oil Tankers Stuck Near Turkey Costing Millions to Wait

By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already

December 8, 2022
Total Views: 2677

Shipping

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 959

Shipping

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens

(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,

December 8, 2022
Total Views: 2201

Wednesday, December 7, 2022
Shipping

China Exports Collapse But Car Exports Remain Strong

By Ishika Mookerjee (Bloomberg) China’s exports and imports both contracted at steeper paces in November as external demand continued to weaken and a

December 7, 2022
Total Views: 2034

Offshore

First West Coast Wind Auction Continuing with Over $400 Million in High Bids on First Day

By Jennifer A. Dlouhy (Bloomberg) — Six companies are still vying for the opportunity to install floating wind turbines off the California coast

December 7, 2022
Total Views: 453

Tuesday, December 6, 2022
Shipping

Turkish Tanker Jam Leaves Millions of Barrels Stuck at Sea

By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to

December 6, 2022
Total Views: 4738

Monday, December 5, 2022
Statue of Liberty overlooking Port of New York and New Jersey
Ports

Port of New York and New Jersey Will Fight to Retain Leading Market Share

By Skylar Woodhouse and Augusta Saraiva (Bloomberg) — The Port of New York and New Jersey, now the busiest in the US, attributes more than 85% of its

December 5, 2022
Total Views: 1379

Shipping

Russia’s European Crude Sales Collapse 

By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is

December 5, 2022
Total Views: 8448