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Sunday, April 17, 2022
Guo Wengui's yacht Lady May
Finance

US Court Holds Bankrupt Billionaire In Contempt For Hiding His Yacht Overseas

By Jeremy Hill (Bloomberg) A $37 million wire transfer will serve as a substitute for a 150-foot luxury yacht tied to exiled Chinese businessman Guo Wengui,

April 17, 2022
Total Views: 33077

Saturday, April 16, 2022
Maersk Reefer Containers
Ports

Maersk Says No To China Meat And Fish Exports

By Ann Koh (Bloomberg) –AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into

April 16, 2022
Total Views: 63749

Friday, April 15, 2022
Russian Super-yacht Owner Oleg Deripaska
News

Oligarch Yacht AIS Warns ‘Armed Security Onboard’ As It Sails Towards The Black Sea

After successfully transiting the Suez and entering the Mediterranean the sanctioned Russian oligarch-owned superyacht Clio, transmitted the AIS message

April 15, 2022
Total Views: 64139

DOJ’s KleptoCapture Needs Mariners To Upkeep Oligarch Superyachts
Offbeat

DOJ’s KleptoCapture Needs Mariners To Upkeep Oligarch Superyachts

By Devon Pendleton (Bloomberg) When the superyacht Tango was seized by Spain at the behest of the U.S. last week, it marked a high-profile victory for the

April 15, 2022
Total Views: 36047

Thursday, April 14, 2022
Russia's President Vladimir Putin Aboard Navy Flagship Moskva
Navy

Sunken Black Sea Flagship Hurts Putin’s Pride And Capabilities

UPDATE: Reuters Is Reporting The Russian Navy Black Sea Flagship Moskva sunk today while being towed during salvage operations. By Marc Champion (Bloomberg)

April 14, 2022
Total Views: 7480

offshore wind turbine
Offshore

France Installing Its First Offshore Wind Farm a Decade After Approval

By William Mathis (Bloomberg) — A decade after receiving government approval, a consortium that includes Electricite de France SA’s renewables unit

April 14, 2022
Total Views: 823

Russian Navy Flagship In Sevastopol
Navy

Russian Navy Flagship Is A Symbol Of Ukrainian Defiance

By Aliaksandr Kudrytski (Bloomberg) The flagship Russian missile cruiser badly damaged off the coast of Ukraine late on Wednesday has been one of the most

April 14, 2022
Total Views: 8180

Wednesday, April 13, 2022
West Coast Ports Will Get Labor Deal, Union Boss Says 
Ports

West Coast Ports Will Get Labor Deal, Union Boss Says 

By Laura Curtis and Augusta Saraiva (Bloomberg) — Dockworkers at the U.S.’s West Coast ports and their employers will likely reach an agreement

April 13, 2022
Total Views: 1859

angshan Deep-Water Port
Shipping

China’s Imports Drop, Export Growth Slows on Covid Lockdowns

By Bloomberg News (Bloomberg) — China’s imports unexpectedly fell in March and export growth slowed, with Covid lockdowns disrupting port

April 13, 2022
Total Views: 1154

Tuesday, April 12, 2022
tanker at sea
Shipping

Costs to Ship Russian Oil Rise as Daily Rates Near $350,000

By Alex Longley (Bloomberg) — Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise

April 12, 2022
Total Views: 4465

Monday, April 11, 2022
Russian Oil Exports Are Forced On Longer Voyages To Find Buyers
News

Russian Oil Exports Are Forced On Longer Voyages To Find Buyers

By Julian Lee (Bloomberg) Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to

April 11, 2022
Total Views: 4938

Indian Ocean cyclones Africa
Marine Weather

Deadly Ocean Cyclones Near Africa Are Becoming More Severe

By Antony Sguazzin (Bloomberg) The deadly cyclones and tropical storms that battered southern Africa this year were made more severe by climate change,

April 11, 2022
Total Views: 2729

ships at anchor
Ports

477 Bulkers Are Stuck Waiting To Enter China

By Ann Koh and Kevin Varley (Bloomberg) Dotting the sea off Chinese ports are 477 bulk cargo ships waiting to deliver resources from metal ore to grain into

April 11, 2022
Total Views: 14291

Sunday, April 10, 2022
EU And U.K. Near Conclusion of Fishing Rights Dispute
Commercial Fishing

EU And U.K. Near Conclusion of Fishing Rights Dispute

By Jorge Valero Apr 10, 2022, (Bloomberg) –The dispute between the European Union and the U.K. over fishing permits is nearing its conclusion as

April 10, 2022
Total Views: 1691

LNG tanker
Shipping News

LNG Tanker Takes $2M U-Turn In Pursuit Of Higher Gas Prices

By Sergio Chapa (Bloomberg) Hefty April premiums for natural gas in Europe prompted LNG tanker British Listener to make an abrupt U-turn in the Pacific Ocean

April 10, 2022
Total Views: 43133

Friday, April 8, 2022
Maersk Black Sea
Navy

Black Sea Ship Insurance Rates Continue To Rise Alongside Dangers To Commercial Shipping

By Ann Koh and Alaric Nightingale (Bloomberg) The costs of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming

April 8, 2022
Total Views: 3294

samsung-heavy-drillship-construction
Offshore

Shell Wants To Drill Offshore But Spud To Market Takes 13 Years

By Paul Takahashi (Bloomberg) Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain

April 8, 2022
Total Views: 5517

Shanghai Lockdown Barriers
Ports

Containers Pile Up At China Ports As Lockdown Blocks Trucks

By Ann Koh (Bloomberg) Containers full of frozen food and chemicals are piling up at China’s biggest port in Shanghai as a Covid lockdown in the city and

April 8, 2022
Total Views: 2803

Thursday, April 7, 2022
U.S. Containership Logjam Shifts to East Coast Ports
Ports

U.S. Containership Logjam Shifts to East Coast Ports

By Ana Monteiro (Bloomberg) — Ocean carriers looking to avoid logjams at the U.S.’s busiest container gateways on the West Coast are now facing even

April 7, 2022
Total Views: 13331

Port of Long Beach Sees No Letting Up of Imports… Yet
Ports

Port of Long Beach Sees No Letting Up of Imports… Yet

By Laura Curtis (Bloomberg) — The head of the U.S.’s second-busiest container seaport said he has seen no letup in import volumes, though there

April 7, 2022
Total Views: 3009