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Bloomberg

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Wednesday, January 24, 2024
File photo of an LNG carrier in the Suez Canal
Shipping

Qatar Delays LNG Cargoes to South Europe Amid Red Sea Crisis

(Bloomberg) — Qatar, one of the world’s biggest liquefied natural gas exporters, is delaying some shipments to Europe as the crisis in the Red Sea

January 24, 2024
Total Views: 1874

Tuesday, January 23, 2024
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Europe’s Offshore Wind Ambitions Face Huge Supply Chain Challenge

By John Ainger (Bloomberg) — Europe’s offshore wind sector faces a herculean effort to build the infrastructure needed to meet the continent’s

January 23, 2024
Total Views: 2109

Satellite View of Saudi Arabia and north eastern Africa. Egypt, Sudan, Ethiopia, The Gulf of Suez, the Dead Sea, Gulf of Aden, Persian Gulf and Gulf of Oman. Elements of this image furnished by NASA.
Shipping

‘World’s Most Ambitious’ Trade Route Stalls in Middle East Turmoil

(Bloomberg) — A far-reaching plan to channel Europe–Asia trade through the Middle East is at risk of stalling before it even gets started. The

January 23, 2024
Total Views: 2475

Monday, January 22, 2024
Icon of the Seas pictured leaving for sea trials
Cruise Ships

The World’s Largest Cruise Ship is a Climate Liability

(Bloomberg) — When Royal Caribbean’s Icon of the Seas embarks on its first official voyage on Jan. 27, the journey is sure to make waves.

January 22, 2024
Total Views: 61118

Drone Attacks Menace Russia’s Key Route for Exporting Oil
Shipping

Drone Attacks Menace Russia’s Key Route for Exporting Oil

(Bloomberg) — A new front opened in Russia’s war on Ukraine that highlights the vulnerability of oil exports from the nation’s western ports, after

January 22, 2024
Total Views: 3309

Saturday, January 20, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

The Oil Market Is Making Plans For Red Sea Chaos To Last Weeks

By Alex Longley, Sherry Su and Bill Lehane Jan 20, 2024 (Bloomberg) –The oil market is bracing for a weeks-long disruption to shipping in the

January 20, 2024
Total Views: 2318

Friday, January 19, 2024
Biden Administration Faces Few Good Options Against Houthis
Shipping

Biden Administration Faces Few Good Options Against Houthis

By Iain Marlow (Bloomberg) — US officials acknowledge that airstrikes against Houthi militants in Yemen won’t deter the group from attacks that have

January 19, 2024
Total Views: 2593

Photos released by the Indian Navy show damages to the M/V Genco Picardy. Photo courtesy Indian Navy
Shipping

Houthi Missiles Do Far More Damage to Trade Than Ships

By Alex Longley (Bloomberg) — Houthi attacks on merchant shipping in and around the southern Red Sea are causing widespread disruption to global trade

January 19, 2024
Total Views: 2125

Livestock carrier Al Kuwait at Freemantle Port
Shipping

Cattle Caught in Red Sea Chaos Sparks Animal-Welfare Concerns

By Keira Wright and Áine Quinn (Bloomberg) — A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward

January 19, 2024
Total Views: 21693

Thursday, January 18, 2024
A closeup of damages to the Genco Picardy
Shipping

U.S. Destroys Houthi Missile Launchers Pointed at Red Sea

The U.S. Department of Defense has confirmed a fifth round of military strikes against Houthi-controlled targets in Yemen. Meanwhile, the rebel group carried

January 18, 2024
Total Views: 16940

containership ship bunkering
Shipping

African Ports See Higher Refueling Demand as Vessels Round Cape

(Bloomberg) — African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red

January 18, 2024
Total Views: 1801

Wednesday, January 17, 2024
Convoy of ships in the Suez Canal
Shipping

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the

January 17, 2024
Total Views: 4790

Bulk carrier Aroyat and general cargo vessel Resilient Africa arrives to the sea port of Chornomorsk. Photo September 16, 2023. REUTERS/Stringer.
Shipping

More Ships Flag No Link With Israel to Avoid Houthi Attacks

(Bloomberg) — Cargo ships are broadcasting that they are not connected with Israel in an effort to avoid Houthi attacks in the Red Sea area. At least 21

January 17, 2024
Total Views: 2944

Tuesday, January 16, 2024
A Maersk containership in the Suez Canal
Shipping

Ship Insurers Seeking Exclusions for US and UK Vessels from Red Sea Coverage

By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they

January 16, 2024
Total Views: 8816

File photo of an LNG carrier in the Suez Canal
Shipping

LNG Carriers Divert From Red Sea as Qatar Warns of Escalation

(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants

January 16, 2024
Total Views: 8381

Stock photo of an oil tanker moored at sea
Shipping

Russian Oil Still Going Through Red Sea Despite Houthi Missiles

(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping

January 16, 2024
Total Views: 2364

Monday, January 15, 2024
Ship sailing in the Red Sea
Shipping

Red Sea Insurance Soars After US Airstrike

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

January 15, 2024
Total Views: 4135

Chinese President Xi Jinping delivers a speech as he reviews a military display of Chinese People's Liberation Army (PLA) Navy in the South China Sea
Navy

Xi Steers Chinese Navy Away From Red Sea Risk

(Bloomberg) As the US and UK launch airstrikes to stop Iran-backed Houthi rebels from attacking ships in the Red Sea, China again finds itself happily sitting

January 15, 2024
Total Views: 4459

Sunday, January 14, 2024
Vessels transit through the Panama Canal, on the outskirts of Panama City. REUTERS/Roberto Cisneros
Shipping

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

January 14, 2024
Total Views: 19649

Saturday, January 13, 2024
Biden Pushed Operation Prosperity Guardian Despite Strong Objections
Navy

Biden Pushed Operation Prosperity Guardian Despite Strong Objections

By Peter Martin (Bloomberg) President Joe Biden was vacationing in St. Croix on the morning of Jan. 1 when he convened a meeting of his national security

January 13, 2024
Total Views: 5312
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