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Friday, January 13, 2023
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

Thursday, January 12, 2023
Chinese Clean Energy Giant Unveils World’s Largest Wind Turbine
Offshore

Chinese Clean Energy Giant Unveils World’s Largest Wind Turbine

By Bloomberg News (Bloomberg) — Ming Yang Smart Energy Group Ltd. unveiled the world’s largest wind turbine, an offshore behemoth whose more than

January 12, 2023
Total Views: 5467

Wednesday, January 11, 2023
Marty Walsh and Gene Seroka
Ports

How Did The Port Of Los Angeles Go From Boom To Bust?

By Laura Curtis (Bloomberg) A year ago this week, a record 109 container ships carrying US imports surrounded the twin ports of Los Angeles and Long Beach,

January 11, 2023
Total Views: 5273

India’s Trade Goals Run Into a Big Ship Problem
Ports

India’s Trade Goals Run Into a Big Ship Problem

By Karthikeyan Sundaram, Kevin Varley and Ann Koh (Bloomberg) — Prime Minister Narendra Modi’s goal of making India the world’s factory risks being

January 11, 2023
Total Views: 2002

Tuesday, January 10, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

G7 Nations Designing Price Caps on Russian Refined Oil Products

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

January 10, 2023
Total Views: 1157

Fredriksen’s Frontline Walks Away from Euronav Bid
Shipping

Fredriksen’s Frontline Walks Away from Euronav Bid

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

January 10, 2023
Total Views: 1366

Monday, January 9, 2023
Labor Disruptions at World’s Ports Quadrupled in 2022 as Discontent Grows
Shipping

Labor Disruptions at World’s Ports Quadrupled in 2022 as Discontent Grows

By Ann Koh (Bloomberg) — Labor unrest took an unusually heavy toll on ports around the world last year, and the outlook for continued economic

January 9, 2023
Total Views: 1290

Evergreen Rewards Staff with Mega Year-End Bonuses
Shipping

Evergreen Rewards Staff with Mega Year-End Bonuses

By Samson Ellis and Yvonne Man (Bloomberg) — Taiwan’s Evergreen Marine Corp. is celebrating a standout year by awarding stellar bonuses to some of its

January 9, 2023
Total Views: 5842

Sunday, January 8, 2023
Maldives Pops With Yachts
Shipping

Maldives Pops With Yachts

By Kevin Varley (Bloomberg) –As the world opens back up with travel, the ultra-rich sail to the seductive beaches of the Maldives with their luxury

January 8, 2023
Total Views: 4816

Saturday, January 7, 2023
Tesla Fan Filed Boat, Jet Trademark Without Company’s Knowledge
Ship Design

Tesla Fan Filed Boat, Jet Trademark Without Company’s Knowledge

(Bloomberg) –A self-described fan of Tesla Inc. said he was behind an application to extend the automaker’s trademark for use in boats and planes. The

January 7, 2023
Total Views: 7873

Friday, January 6, 2023
tanker at sea
Shipping

Increased Chinese Crude Buying Spooks European Oil Traders

By Asad Zulfiqar and Sherry Su (Bloomberg) — China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s

January 6, 2023
Total Views: 4709

Thursday, January 5, 2023
colonial pipeline tanks
Shipping

Colonial Shuts Key Fuel Line to New York Harbor After Spill

By Sheela Tobben and Chunzi Xu (Bloomberg) — Colonial Pipeline Co. halted operations on a critical conduit that supplies fuel to the US Northeast, the

January 5, 2023
Total Views: 2254

Wednesday, January 4, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Supply Chains Undergoing Digital Transformation ‘Golden Age’

By Brendan Murray (Bloomberg) — When the pandemic arrived in the leafy lakeside town of Holland, Michigan, office-furniture company Haworth Inc. needed

January 4, 2023
Total Views: 1216

Tuesday, January 3, 2023
Wind turbines off of Block Island
Offshore

Massachusetts Orders Offshore Wind Projects to Push Ahead as Inflation Drives Up Costs

By Josh Saul (Bloomberg) — Massachusetts has denied requests from developers to renegotiate electricity contracts for proposed offshore wind farms

January 3, 2023
Total Views: 2441

Floating Storage and Regasification Unit (FSRU) ship "Hoegh Esperanza" arrives in Wilhelmshaven
Offshore

Germany Imports First LNG at New Floating Terminal

By Anna Shiryaevskaya (Bloomberg) — Germany received its first shipment of liquefied natural gas — from the US — at a new floating terminal in the

January 3, 2023
Total Views: 3104

Sunday, January 1, 2023
Could Rising Interest Rates Sink Carnival?
Cruise Ships

Could Rising Interest Rates Sink Carnival?

by Christopher Palmeri (Bloomberg) US companies had a lot to overcome in the latter half of 2022 with rising interest rates, more budget-conscious consumers

January 1, 2023
Total Views: 6700

Saturday, December 31, 2022
Indonesia Will Export Less Palm Oil To Keep Supplies At Home
Shipping

Indonesia Will Export Less Palm Oil To Keep Supplies At Home

By Eko Listiyorini (Bloomberg) –Indonesia, the world’s biggest palm oil producer, is set to export less of the commodity overseas as it tightens a

December 31, 2022
Total Views: 1956

Friday, December 30, 2022
Chinese Jet Buzzing USAF RC-135
Defense

US Air Force Gets Buzzed Over South China Sea

By Tony Capaccio (Bloomberg) A Chinese fighter plane flew within 20 feet (6 meters) of a US Air Force reconnaissance aircraft over the South China Sea in what

December 30, 2022
Total Views: 5455

Thursday, December 29, 2022
A jackup works to prepare the seabed for a cable that will connect the South Fork Wind offshore wind farm, 35 miles east of Montauk Point to the onshore electric grid. Photo courtesy South Fork Wind
Offshore

US Ignored Own Scientists’ Warning in Backing Atlantic Wind Farm

By Jennifer A Dlouhy (Bloomberg) — US government scientists warned federal regulators the South Fork offshore wind farm near the Rhode Island coast

December 29, 2022
Total Views: 76166

offshore oil rig
Offshore

UK Oil Lobby Warns Financing May Dry Up After Windfall Tax

By William Mathis (Bloomberg) — Banks are set to trim billions of pounds in financing for oil and gas producers in the UK’s North Sea after a windfall

December 29, 2022
Total Views: 760