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Wednesday, January 25, 2023
The San Pedro Bay Ports of Long Beach and Los Angeles. Photo Courtesy Port of Long Beach
Ports

Long Beach Port Chief Expects to Win Back Some Lost Cargo

By Laura Curtis (Bloomberg) — The Port of Long Beach recorded its second-busiest year, despite a sharp drop in the second half as consumer demand eased

January 25, 2023
Total Views: 805

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3460

Tuesday, January 24, 2023
Snow Crab Trawlers Test Norway’s Control of Resources Off Svalbard
Commercial Fishing

Snow Crab Trawlers Test Norway’s Control of Resources Off Svalbard

By Stephen Treloar (Bloomberg) — Norway’s supreme court is hearing a case over the country’s refusal to let a Latvian company catch snow crabs off

January 24, 2023
Total Views: 3733

Monday, January 23, 2023
Three RAN Destroyers In Formation. Royal Australian Navy/Peter Beeh
Defense

Australia Speeds Up Purchase of ‘Smart’ Sea Mines to Deter China

By Ben Westcott (Bloomberg) — The Australian government is looking to speed up the purchase of a new generation of sea mines to protect its ports amid

January 23, 2023
Total Views: 843

Sunday, January 22, 2023
MHI Vestas Offshore Wind Turbine
Offshore

UK Offshore Wind At Risk Without Higher Prices

By Rachel Morison and William Mathis (Bloomberg) The UK’s next auction of renewable-energy contracts will be make or break for the country’s burgeoning

January 22, 2023
Total Views: 1364

Iran Oil Exports To China Surge
Shipping

Iran Oil Exports To China Surge

by  Ben Sharples (Bloomberg) Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions

January 22, 2023
Total Views: 1180

Saturday, January 21, 2023
tensioned leg platform papa terra p-61 mcdermott
Offshore

Oil Rig That’s Treading Water Is Costing Brazil $1 Million a Day

By Mariana Durao and Peter Millard (Bloomberg) –The conflict between Brazil’s ambitions to become a more responsible environmental steward while

January 21, 2023
Total Views: 10347

kar-power-ship Sails To South Africa
Ports

Powership Wants To Solve South Africa’s Electricity Crisis

By Antony Sguazzin (Bloomberg) Karpowership, the Turkish company seeking to supply 1,220 megawatts of power to South Africa, will get a decision on its

January 21, 2023
Total Views: 5667

Russian Oligarch Yacht Agents Indicted By US Grand Jury
Shipping News

Russian Oligarch Yacht Agents Indicted By US Grand Jury

By Chris Dolmetsch (Bloomberg) Two businessmen were charged by US authorities with helping operate Russian billionaire Viktor Vekselberg’s yacht in

January 21, 2023
Total Views: 6794

Friday, January 20, 2023
General Dynamics submarine shipyard in Rhode ISland
Navy

Will The US Navy’s New Submarine Miss Its Deadline?

By Tony Capaccio (Bloomberg) Officials overseeing development of the US Navy’s next-generation submarine to carry nuclear missiles don’t have the

January 20, 2023
Total Views: 8489

Bulker carrying bauxite unloading at a port in Yantai
Shipping

Aluminum Shipments Stagnate

By Joe Deaux (Bloomberg) Alcoa’s aluminum shipments will be weaker than anticipated this year amid ongoing uncertainties caused by global inflation,

January 20, 2023
Total Views: 1463

Thursday, January 19, 2023
Is Singapore Laundering Russian Crude?
Ports

Is Singapore Laundering Russian Crude?

By Elizabeth Low (Bloomberg) Demand is soaring for oil storage tanks in Singapore, in a sign that a flood of Russian fuel is being blended and re-exported

January 19, 2023
Total Views: 5760

Wednesday, January 18, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Ports

Major China Port Banks on Robots to Beat Post-Covid Disruptions

By Bloomberg News (Bloomberg) — One of the world’s biggest ports is working to fully automate all dock operations in a bid to cope with Covid-induced

January 18, 2023
Total Views: 1045

Monday, January 16, 2023
Russia’s Seaborne Oil Exports Surge Despite Sanctions
Shipping

Russia’s Seaborne Oil Exports Surge Despite Sanctions

By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —

January 16, 2023
Total Views: 3528

South African Navy Set To Welcome China And Russia
Navy

South African Navy Set To Welcome China And Russia

By Antony Sguazzin (Bloomberg) –South Africa will next month go ahead with naval exercises off its eastern coast with Russian and Chinese warships in a

January 16, 2023
Total Views: 30141

Ship Salvage Bosphorus
Grounding Incidents

Turkey Refloats Ship Stuck in Bosphorus

By Ugur Yilmaz (Bloomberg) Turkey freed a vessel that had wedged itself against the banks of the Bosphorus Strait, clearing the vital waterway that connects

January 16, 2023
Total Views: 3593

Saturday, January 14, 2023
Orient Express Cruises To Set Sail On World’s Largest Superyacht
Cruise Ships

Orient Express Cruises To Set Sail On World’s Largest Superyacht

By Lebawit Lily Girma (Bloomberg) –If riding on the original, redesigned Orient Express train in 2025 and staying at an Orient Express hotel top

January 14, 2023
Total Views: 7439

Oil tanker Kerala, chartered by Chevron, is loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. REUTERS/Isaac Urrutia
Shipping

Chevron Expands Venezuelan Crude Sales To Other Oil Refiners

By Lucia Kassai (Bloomberg) –Chevron Corp. sold a cargo of Venezuelan oil to another US refiner in the first such transaction

January 14, 2023
Total Views: 1477

Friday, January 13, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia is Increasingly Using its Own Tankers to Beat EU Sanctions

By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more

January 13, 2023
Total Views: 1528

A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

Reshoring U.S. Supply Chain Will be Limited by Costs

By Kevin Varley (Bloomberg) — A mass exodus out of East Asia seems unlikely for US manufacturers in 2023, with any decision to diversify supply chains

January 13, 2023
Total Views: 1124