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Wednesday, May 18, 2022
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Global Offshore Wind Spending Estimated at $1 Trillion By 2031

By Dan Murtaugh (Bloomberg) — Offshore wind power installations will increase nearly nine-fold this decade as the world pours $1 trillion into the clean

May 18, 2022
Total Views: 974

cargo ships loading at port of oakland
Shipping

Worker Shortages Snarl Shipping Even as Shanghai Lockdowns Ease

By Ann Koh and Kyunghee Park (Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to

May 18, 2022
Total Views: 1836

Tuesday, May 17, 2022
bulk ship at sunset
Environment

British Start-Up Wants to Build Batteries for Ships

By Eddie Spence (Bloomberg) — UK battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop

May 17, 2022
Total Views: 1847

tanker in suez canal
Shipping

Flotilla of Tankers Takes Russian Oil Through Suez Canal to Asia

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports from its western ports to Asian countries, predominantly India and China, rebounded to

May 17, 2022
Total Views: 18679

Monday, May 16, 2022
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Shell Joins Exxon in Losing Brazil Bet

By Peter Millard (Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are

May 16, 2022
Total Views: 4181

LNG carrier with letters L N G on side.
Shipping

EU Gives Companies Green Light to Keep Buying Russian Gas

By Ewa Krukowska and Alberto Nardelli (Bloomberg) — The European Union said companies can keep buying could keep buying gas without breaching sanctions,

May 16, 2022
Total Views: 1816

Sunday, May 15, 2022
nyk line
News

Shipping Chaos Sends Japan Manufacturers Home

By Masumi Suga (Bloomberg) Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel

May 15, 2022
Total Views: 4035

UK North Sea Sees Chance for Political Reprieve In Energy Crisis
Offshore

UK North Sea Sees Chance for Political Reprieve In Energy Crisis

By Laura Hurst (Bloomberg) –Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused

May 15, 2022
Total Views: 2015

Saturday, May 14, 2022
‘Straw Owner’ Hides $1 Billion Worth of Russian Yachts
News

‘Straw Owner’ Hides $1 Billion Worth of Russian Yachts

By Stephanie Baker and Jonathan Browning May 14, 2022 (Bloomberg) –In the race to seize assets tied to sanctioned Russian billionaires, US

May 14, 2022
Total Views: 70174

Emissions From London Rubbish Will Be Buried Under Norwegian North Sea
Offshore

Emissions From London Rubbish Will Be Buried Under Norwegian North Sea

By Stephen Treloar (Bloomberg) –Carbon dioxide emissions generated by burning waste at incineration plants in London will be stored thousands of

May 14, 2022
Total Views: 1969

A dockyard worker watches as barley grain is mechanically poured into a 40,000 ton ship at an Ukrainian agricultural exporter's shipment terminal in the southern Ukrainian city of Nikolaev July 9, 2013.
Ports

Germany Accuses Putin of Provoking the Global Food Crisis

By Iain Rogers, Katharina Rosskopf and Arne Delfs May 14, 2022 (Bloomberg) –German Foreign Minister Annalena Baerbock accused Russia of deliberately

May 14, 2022
Total Views: 1391

Friday, May 13, 2022
Russian Tycoon’s Yacht Goes Dark on Way to Bahamas
Shipping

Russian Tycoon’s Yacht Goes Dark on Way to Bahamas

By K. Oanh Ha (Bloomberg) — A $150 million superyacht tied to Leonid Mikhelson, Russia’s second richest-citizen whose gas company is a target of

May 13, 2022
Total Views: 22034

Thursday, May 12, 2022
tanker at sea
Shipping

 Europe’s Snub of Russian Oil Opens Door for OPEC’s Minor Players

(Bloomberg) — The OPEC nations that have stepped up to replace Russian oil flows to Europe aren’t the giants of the Middle East. Instead, some of the

May 12, 2022
Total Views: 2481

Nauticor kairos LNG Bunkering
News

Can German LNG Terminals Morph Into Green Hydrogen Hubs?

By Anna Shiryaevskaya (Bloomberg) Germany plans to abandon fossil-fueled power by 2035. But instead of shutting down natural gas infrastructure, it’s

May 12, 2022
Total Views: 1604

Wednesday, May 11, 2022
Canada Sued Over Bay du Nord Oil Project Approval
Offshore

Canada Sued Over Bay du Nord Oil Project Approval

By Nia Williams May 11 (Reuters) – Environmental groups are suing the Canadian government in a bid to overturn its approval of Equinor

May 11, 2022
Total Views: 2123

Navy Risks Blowback in Bid to Scrap $5 Billion of Troubled Ships
Defense

Navy Risks Blowback in Bid to Scrap $5 Billion of Troubled Ships

By Tony Capaccio (Bloomberg) –The US Navy wants to scrap nine of 16 Littoral Combat Ships built by Lockheed Martin Corp. well short of their projected

May 11, 2022
Total Views: 13481

HMM containership in port
Shipping

HMM to Deploy More Vessels as Port Congestion Persists

By Kyunghee Park (Bloomberg) — HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to

May 11, 2022
Total Views: 2190

Tuesday, May 10, 2022
Felicity Ace seen burning in the Atlantic Ocean off the Azores Islands. Picture was released Friday, February 18, 2022 by the Portuguese Navy. Photo courtesy Portuguese Navy
Incidents

Marine Insurance Report Warns of Ro-Ro Risk

The big, boxy floating steel parking garages known in the industry as Roll-on Roll-off ships, or RoRo’s, might be more dangerous than marine insurance

May 10, 2022
Total Views: 6509

modular nuclear power plant ship Akademik Lomonosov
Engineering News

Nuclear Power – What’s Stopping The Rollout Of Small Modular Nuclear Power Plants?

Among the tiny number of small modular reactors in operation in the world right now are two on a ship floating off Russia’s far eastern coast. Russia is also

May 10, 2022
Total Views: 4945

Monday, May 9, 2022
Noble and Maersk Drilling to Divest Rigs to Soothe UK Competition Concerns Over Proposed Merger
Offshore

Noble and Maersk Drilling to Divest Rigs to Soothe UK Competition Concerns Over Proposed Merger

By Katharine Gemmell (Bloomberg) — Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth

May 9, 2022
Total Views: 1590