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Saturday, June 25, 2022
Port of Durban south africa.File photo: Shutterstock/michaeljung
Shipping

A ‘Perfect Storm’ Threatens Southern African Citrus Industry

By Semakaleng Motsoere (Bloomberg) –Southern Africa’s citrus industry is battling a “perfect storm” of increased production, rising farming

June 25, 2022
Total Views: 2723

Megayachts Run Low On Safe Harbors As Russia Sanctions Take Hold
Shipping

Megayachts Run Low On Safe Harbors As Russia Sanctions Take Hold

By K. Oanh Ha (Bloomberg) –When the $325 million Amadea superyacht that’s been linked to Russian billionaire Suleiman Kerimov sailed into Fiji in

June 25, 2022
Total Views: 4356

Friday, June 24, 2022
Jumbo Mystery: Hong Kong’s Famous Floating Resturaunt May Still Be Afloat
Shipping

Jumbo Mystery: Hong Kong’s Famous Floating Resturaunt May Still Be Afloat

By Kari Lindberg (Bloomberg) — Hong Kong’s famed Jumbo Floating Restaurant may still be afloat after all. The imperial palace-shaped vessel capsized

June 24, 2022
Total Views: 5638

Qatar Demands EU Sign Long-Term LNG Deals
Shipping

Qatar Demands EU Sign Long-Term LNG Deals

By Stephen Stapczynski and Verity Ratcliffe (Bloomberg) — Qatar plans to insist on terms that will lock Europe Union countries in for two decades of

June 24, 2022
Total Views: 3106

Thursday, June 23, 2022
wave breaking over tanker
Shipping

Shipping Costs Soar as Russian Fallout Upends Fuel Flows

By Elizabeth Low (Bloomberg) — The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products

June 23, 2022
Total Views: 2435

Monday, June 20, 2022
Hong Kong’s Iconic Jumbo Restaurant Capsizes In South China Sea
Incidents

Hong Kong’s Iconic Jumbo Restaurant Capsizes In South China Sea

By Hayley Wong Jun 20, 2022 (Bloomberg) –Hong Kong’s iconic Jumbo Floating Restaurant capsized on Sunday after facing adverse conditions in the

June 20, 2022
Total Views: 15319

US Rejects China’s Claims Over Taiwan Strait As Concerns Grow
Maritime Security

US Rejects China’s Claims Over Taiwan Strait As Concerns Grow

By Peter Martin and Jennifer Jacobs (Bloomberg) –Biden administration officials have decided to reject a vague new assertion by China that the

June 20, 2022
Total Views: 10348

Port of Rotterdam. Photo Credit: Aerovista Luchtfotografie / Shutterstock.com
Ports

Empty Container Boxes Stuck At Rotterdam May Stoke Asia Shortage

By Ann Koh Jun 20, 2022,(Bloomberg) —Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing

June 20, 2022
Total Views: 4929

Sunday, June 19, 2022
US Navy’s Giant Underwater ‘Orca’ Drone Is Running Years Late
Navy

US Navy’s Giant Underwater ‘Orca’ Drone Is Running Years Late

By Tony Capaccio and Julie Johnsson (Bloomberg) —Boeing Co. is expected to deliver Orca –an underwater drone the size of a subway car that’s

June 19, 2022
Total Views: 14171

Giant Cruise Ship’s Maiden Voyage May Be To A Scrapyard
Cruise Ships

Giant Cruise Ship’s Maiden Voyage May Be To A Scrapyard

By Rainer Buergin Jun 19, 2022 (Bloomberg) –An unfinished mega-liner that was to be one of the world’s biggest cruise ships by capacity is sitting

June 19, 2022
Total Views: 43341

Saturday, June 18, 2022
Worst Drought in 70 Years Threatens Northern Italy’s Food, Power
Shipping

Worst Drought in 70 Years Threatens Northern Italy’s Food, Power

By Marco Bertacche Jun 18, 2022 (Bloomberg) –Italy is in the depths of one of its worst droughts, with the country’s largest river, the Po,

June 18, 2022
Total Views: 2075

Friday, June 17, 2022
Trucks At Port Of LA
Ports

Port of Los Angeles Truck Gates Go Unused as Peak Season Approaches

By Augusta Saraiva (Bloomberg) — Two years into the crisis that disrupted global supply chains and as US ports prepare for an earlier peak season, more

June 17, 2022
Total Views: 4362

Stock photo of a tanker being escorted by a tug in New York harbor
Shipping

JPMorgan Says Waiving the Jones Act Unlikely to Ease Pain at the Pump

By Devika Krishna Kumar and Chunzi Xu (Bloomberg) — Waiving a century-old shipping law to let foreign-flagged vessels transport fuel between U.S. ports

June 17, 2022
Total Views: 1596

A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

UK Seabeds Belonging to the Queen Jump in Value Amid Soaring Demand for Offshore Wind

By Jack Sidders (Bloomberg) — Forget the glitzy stores of Regent Street, Britain’s seabeds are increasingly powering the property company that

June 17, 2022
Total Views: 1017

Thursday, June 16, 2022
President Biden Signs The Ocean Shipping Reform Act Into Law
Shipping

President Biden Signs The Ocean Shipping Reform Act Into Law

President Joe Biden has signed into law the S. 3580, the “Ocean Shipping Reform Act of 2022,” marking the first major change to federal regulations for

June 16, 2022
Total Views: 3224

U.S. Sailing Seized Russian Megayacht to Hawaii with New Crew
Cruise Ships

U.S. Sailing Seized Russian Megayacht to Hawaii with New Crew

By K. Oanh Ha (Bloomberg) — US authorities are sailing the $325 million superyacht they seized last week that’s linked to Russian billionaire Suleiman

June 16, 2022
Total Views: 10232

U.S. President Joe Biden walks after speaking during a visit to the Port of Los Angeles, during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Kevin Lamarque
Shipping

President Biden to Sign Ocean Shipping Reform Act Into Law Today

By Jordan Fabian (Bloomberg) — President Joe Biden on Thursday will sign a bipartisan bill aimed at driving down costs of shipping goods overseas, a

June 16, 2022
Total Views: 1343

Wednesday, June 15, 2022
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Ports

South Korean Trucker Strike Ends But Hurdles Remain

By Heesu Lee and Heejin Kim (Bloomberg) — South Korea’s truckers began returning to work and factories resumed deliveries of goods from cars to

June 15, 2022
Total Views: 565

msc cruises
Cruise Ships

MSC Considering Controlling Stake in World’s Largest Cruise Port Operator

Responding to media reports, Global Ports has confirmed it has been approached by MSC with a potential cash offer for all shares of the cruise ports operator.

June 15, 2022
Total Views: 1535

Tuesday, June 14, 2022
West Coast Ports Strike Is Unlikely Even If No Deal Is Reached by July
Ports

West Coast Ports Strike Is Unlikely Even If No Deal Is Reached by July

By Augusta Saraiva (Bloomberg) Employers and the union representing more than 22,000 dockworkers at 30 US ports on the West Coast are unlikely to reach a wage

June 14, 2022
Total Views: 1248