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Friday, June 17, 2022
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: 1602

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: 1025

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: 3227

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: 10239

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: 1348

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: 573

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: 1543

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: 1251

cargo ship emissions
Shipping

Scrubber-Fitted Ships See Huge Savings as Fuel Spread Widens

By Elizabeth Low (Bloomberg) — Ship-owners that invested in pollution-reducing equipment to let them burn dirtier fuel are enjoying massive discounts

June 14, 2022
Total Views: 9569

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

West Coast Ports Strike Unlikely Even If No Labor Deal By July Deadline

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

June 14, 2022
Total Views: 690

Monday, June 13, 2022
farmer spreads nitrogen fertilizer on his wheat field
News

US Quietly Asks Shipping Companies To Ship Russian Fertilizer

By Elizabeth Elkin (Bloomberg) The US government is quietly encouraging agricultural and shipping companies to buy and carry more Russian fertilizer,

June 13, 2022
Total Views: 18353

smoke pollution coming from a container ship
Environment

IMO Clamps Down on Dirty Fuel in Mediterranean Sea

By Jack Wittels (Bloomberg) — Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the

June 13, 2022
Total Views: 1670

Sunday, June 12, 2022
china new destroyer Nanchang photo credit REUTERS/Jason Lee
Maritime Security

China Alarms US With Private Warnings To Avoid Taiwan Strait

By Peter Martin Jun 12, 2022, (Bloomberg) –Chinese military officials in recent months have repeatedly asserted that the Taiwan Strait isn’t

June 12, 2022
Total Views: 5315

angshan Deep-Water Port
Shipping

DHL Warns Supply Chain Won’t Recover to Pre-Covid Days in 2023

By Kyunghee Park Jun 12, 2022,(Bloomberg) –Port congestion should ease next year as new container vessels are delivered and demand from shippers

June 12, 2022
Total Views: 1673

Thousands Of Sheep Drown In Red Sea As Sudan Ship Founders
Incidents

Thousands Of Sheep Drown In Red Sea As Sudan Ship Founders

By Mohammed Alamin Jun 12, 2022,(Bloomberg) –About 16,000 sheep bound for Saudi Arabia drowned when an overloaded ship foundered off Sudan’s Red

June 12, 2022
Total Views: 6177

iran container ship
Shipping

Iran Tests New Trade Corridor To Ship Russian Goods to India

By Golnar Motevalli Jun 12, 2022,(Bloomberg) —Iran’s state-run shipping company said it started its first transfer of Russian goods to India,

June 12, 2022
Total Views: 12841

Friday, June 10, 2022
Cargo containers pile up at a marine terminal at the Port of Los Angeles.
Shipping

Port of Los Angeles Braces for Early Peak Shipping Season

By Augusta Saraiva and Ana Monteiro (Bloomberg) — The Port of Los Angeles, the US’s busiest, is preparing for the early arrival of the 2022 peak

June 10, 2022
Total Views: 986

Korean Trucker Strike Cripples Port Of Busan
Ports

Korean Trucker Strike Cripples Port Of Busan

By Heejin Kim and Ann Koh (Bloomberg) An escalating strike by truck drivers in South Korea is adding more disruption to global supply chains, from a slowdown

June 10, 2022
Total Views: 1253

Thursday, June 9, 2022
Submarine Stern North Pole
Navy

Climate Change Is A US Navy Problem

by Admiral James Stavridis (Bloomberg) The US military has its hands full at the moment with a vicious war in Ukraine and US-China tensions over issues from

June 9, 2022
Total Views: 2529

Flexport CEO Ryan Petersen at Davos
News

Flexport Grabs Top Amazon Executive

By Spencer Soper (Bloomberg) Dave Clark, who spent two decades climbing the ranks at Amazon.com Inc. to become its consumer chief, is joining logistics

June 9, 2022
Total Views: 840