Bloomberg

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Sunday, December 4, 2022
News

FAQ – Europe’s New Sanctions on Russian Oil

By Alex Longley (Bloomberg) After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday. How

December 4, 2022
Total Views: 3261

Marine Weather

Harsh Weather May Delay Germany’s Plans for First LNG Terminals

By Vanessa Dezem (Bloomberg) Germany’s plans to start imports of liquefied natural gas this month are at risk of being derailed by the weather. Strong

December 4, 2022
Total Views: 1795

Saturday, December 3, 2022
News

Cargill Resumes Shipping Grain From Ukraine

By Tarso Veloso (Bloomberg) Cargill, the world’s top agricultural commodities trader, has started to export crops from this year’s harvest in war-torn

December 3, 2022
Total Views: 1113

Shipping

Dirty Bulkers Are Now Being Used To Carry Food Crops to Asia

By Ann Koh and Hallie Gu (Bloomberg) –Dirty bulk ships used to carry iron ore are being scrubbed clean so that they can transport grain to Asia, in

December 3, 2022
Total Views: 6566

Friday, December 2, 2022
Shipping

Europe Sets $60 Price Cap on Russian Oil

By Ewa Krukowska, Alberto Nardelli and Jorge Valero (Bloomberg) — The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving

December 2, 2022
Total Views: 1007

Shipping

Shipping Costs for Russian Oil Soar Ahead of More Sanctions

By Serene Cheong and Alex Longley (Bloomberg) — Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days

December 2, 2022
Total Views: 1758

Thursday, December 1, 2022
Shipping

EU Closes in on Price Cap for Russian Oil as Poles Hold Out

By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at

December 1, 2022
Total Views: 1295

Ports

Los Angeles Port Chief Sees Labor Deal by Early Next Year

By Sarah McGregor and Matthew Winkler (Bloomberg) — The chief of the busiest US West Coast port expects a new labor contract for dockworkers in the

December 1, 2022
Total Views: 768

Wednesday, November 30, 2022
Offshore

Wind Projects Off New England Put Endangered Right Whales at Risk, Warns NOAA Scientist

By Jennifer A. Dlouhy (Bloomberg) — Planned wind projects off the New England coast threaten to harm the region’s dwindling population of

November 30, 2022
Total Views: 2155

Shipping

CMA CGM Owners Reap $3 Billion Windfall in Hot Market

By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to

November 30, 2022
Total Views: 5316

Tuesday, November 29, 2022
Shipping

UN Sees ‘Friend-Shoring’ Risks as Global Trading System Faces Headwinds

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

November 29, 2022
Total Views: 885

Shipping

President Biden Asks Congress for Help to Avoid Rail Strike

By Jordan Fabian, Ian Kullgren and Erik Wasson (Bloomberg) — President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of

November 29, 2022
Total Views: 922

Monday, November 28, 2022
News

Oil Prices Plunge On China Unrest

By Yongchang Chin (Bloomberg) Oil tumbled to the lowest level since December as a wave of unrest in China punished risk assets and clouded the

November 28, 2022
Total Views: 4418

Sunday, November 27, 2022
Cruise Ships

Can Money Buy Happiness Aboard A Ritz-Carlton Yacht?

By Fran Golden (Bloomberg) On board a 12-day transatlantic sailing of the new 298-passenger Evrima, which is the first ship from the Ritz-Carlton Yacht

November 27, 2022
Total Views: 7045

Environment

Climate Change Is Altering Narwhal Migration Patterns

By Todd Woody (Bloomberg) Scientists have found that narwhals are altering their steadfast migration patterns in response to climate change, offering some hope

November 27, 2022
Total Views: 1008

Saturday, November 26, 2022
Shipping

Vinfast RoRo Departs Vietnam With eSUVs To Compete With Tesla

By Nguyen Kieu Giang (Bloomberg) VinFast, an electric carmaker backed by Vietnam’s richest man, is shipping its first SUVs to the US, a milestone for parent

November 26, 2022
Total Views: 2484

Shipping

Oil Freight Boom Makes $1 Million Waiting Bills More Common

By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates

November 26, 2022
Total Views: 3873

Friday, November 25, 2022
News

Price Cap Halted As Poland Demands Harsher Penalty On Russian Oil

By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal

November 25, 2022
Total Views: 1727

Thursday, November 24, 2022
News

Vitol Says It Will Keep Buying Russian Oil

By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company

November 24, 2022
Total Views: 1302

Navy

‘Volatile World’ Boosts Warship Demand Says UK Shipbuilder

By Christopher Jasper (Bloomberg) London based Babcock International Group said it’s in discussions with five countries on three continents regarding orders

November 24, 2022
Total Views: 418