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Thursday, December 21, 2023
tanker at sea
Shipping

Opinion: US and Allies Face Tough Choices Amid Growing Red Sea Crisis

By Peter Apps LONDON, Dec 21 (Reuters) – As the Pentagon asked allies to provide warships for an international task force to protect

December 21, 2023
Total Views: 4518

Thursday, December 14, 2023
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, October 19, 2023. U.S. Navy Photo
Defense

US Working with Allies on Solution to Stop Houthi Red Sea Attacks

(Bloomberg) — The US is working with allies to create a multinational effort to protect ships passing through the Red Sea in an effort to stem a surge in

December 14, 2023
Total Views: 2000

Monday, December 11, 2023
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Trade to Drop 5% This Year Amid Geopolitical Headwinds

(Bloomberg) — Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China

December 11, 2023
Total Views: 653

Wednesday, December 6, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

US Sanctions Show Early Signs of Disrupting Russian Oil Tankers

(Bloomberg) — US sanctions on a handful of tankers engaged in the Russian oil trade appear to have placed several of the ships in limbo, highlighting the

December 6, 2023
Total Views: 1220

Monday, December 4, 2023
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, October 19, 2023. U.S. Navy Photo
News

US Warns Iran-Backed Houthis After Red Sea Shipping Attacks

(Bloomberg) — Iranian-backed Houthi rebels claimed they targeted “two Israeli ships” in the Red Sea, part of a series of attacks against commercial

December 4, 2023
Total Views: 1411

Friday, December 1, 2023
lng carrier
Shipping

US LNG Exports Approach Record Levels

HOUSTON, Dec 1 (Reuters) – U.S. liquefied natural gas (LNG) exports in November rose to the second highest monthly production level on record,

December 1, 2023
Total Views: 2177

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

US Issues Fresh Sanctions Over Russian Oil Price Cap Violations

By Daphne Psaledakis and Timothy Gardner WASHINGTON, Dec 1 (Reuters) – The United States on Friday imposed additional sanctions related to the price

December 1, 2023
Total Views: 693

Sunday, November 26, 2023
uss hopper.Photo by Mass Communication Specialist 2nd Class Alexander Ventura II/Released)
Defense

China, US Exchange Accusations Over US Vessel In South China Sea

BEIJING/SHANGHAI, Nov 26 (Reuters) – China and the United States exchanged accusations at the weekend over the disputed South China Sea, after

November 26, 2023
Total Views: 3569

Tuesday, November 14, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

US Alarms Tanker Owners With Russian Price Cap Letters

(Bloomberg) — The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price cap on Russian oil

November 14, 2023
Total Views: 3188

Srettha Thavisin, Prime Minister of Thailand, stands in front of an infographic depicting the Landbridge to bypass the Malacca Strait
News

Thailand Pitching $28 Billion Malacca Strait Bypass Plan

(Bloomberg) — Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by

November 14, 2023
Total Views: 10185

ships at anchor
Shipping

Kremlin Dismisses US Probe Into Oil Sanctions

MOSCOW, Nov 14 (Reuters) – The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United

November 14, 2023
Total Views: 613

Monday, November 13, 2023
File photo of an oil tanker at sea
Shipping

US Investigating 30 Ship Managers Over Suspected Russia Oil Sanctions Violations

WASHINGTON, Nov 13 (Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it

November 13, 2023
Total Views: 3759

Wednesday, November 8, 2023
Panoramic view of the ship yard and dock of the Port Of Colombo, Sri Lanka
News

US Commits Over $500 Million to Develop Sri Lanka Container Terminal

(Bloomberg) — The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam

November 8, 2023
Total Views: 2367

Stock photo of an lng carrier at sunset
Shipping

How Shipping More US Gas to Europe Helped Fuel C02 Pollution

Nov 8 (Reuters) – Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since

November 8, 2023
Total Views: 959

Sunday, November 5, 2023
Libya-nautical-chart
Defense

Putin’s Move To Secure Libya Bases Is New Regional Worry For US

By Bloomberg News Nov 5, 2023, (Bloomberg) —Russia is moving to expand its military presence in eastern Libya, a plan that could lead to a naval

November 5, 2023
Total Views: 4279

Wednesday, November 1, 2023
Orsted Halts Offshore Wind Projects Off New York and New Jersey
Offshore

Orsted Halts Offshore Wind Projects Off New York and New Jersey

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said

November 1, 2023
Total Views: 1600

Tuesday, October 31, 2023
Wind turbines off of Block Island
Offshore

Why the US Offshore Wind Industry is in the Doldrums

Oct 31 (Reuters) – Energy giants BP and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their

October 31, 2023
Total Views: 5776

Friday, October 27, 2023
aerial of an offshore wind turbine
Offshore

Equinor Takes $300 Million Hit on U.S. Offshore Wind, But Remains Hopeful

OSLO, Oct 27 (Reuters) – Norway’s Equinor booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York

October 27, 2023
Total Views: 1907

Tuesday, October 24, 2023
aerial of an offshore wind turbine
Offshore

New York Throws Support Behind Offshore Wind With Three Project Awards

Oct 24 (Reuters) – New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as

October 24, 2023
Total Views: 1581

Tuesday, October 17, 2023
A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko
Shipping

Russian Oil Freight Rates Jump Amid Price Cap Compliance Scrutiny

MOSCOW, Oct 17 (Reuters) – Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shipowners quit the

October 17, 2023
Total Views: 788
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