Bloomberg

Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.


Wednesday, November 24, 2021
Longshoremen China
Shipping

China’s Covid Zero Policy Towards Seafarers Escalates Supply Chain Crisis

By K. Oanh Ha and Jack Wittels (Bloomberg) —China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the

November 24, 2021
Total Views: 2919

Toymaker’s ‘War Room’ Goes 24/7 To Secure Spots On Containers And Ships
Shipping

Toymaker’s ‘War Room’ Goes 24/7 To Secure Spots On Containers And Ships

By Amelia Pollard (Bloomberg) –The journey of Tonka’s Mighty Dump Truck toy from its Asian factory to U.S. stores offers a window into

November 24, 2021
Total Views: 5590

Tuesday, November 23, 2021
Los Angeles and Long Beach Container Dwell Times Rose to Record in October
Ports

Los Angeles and Long Beach Container Dwell Times Rose to Record in October

By Augusta Saraiva (Bloomberg) — The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles

November 23, 2021
Total Views: 848

Biden Orders Release of Strategic Petroleum Reserves in Challenge to OPEC+
Shipping

Biden Orders Release of Strategic Petroleum Reserves in Challenge to OPEC+

By Ari Natter, Jennifer Jacobs, Jennifer A. Dlouhy and Annmarie Hordern (Bloomberg) — The U.S. will release 50 million barrels of crude from its

November 23, 2021
Total Views: 973

Monday, November 22, 2021
MHI Vestas Offshore Wind Turbine
Maritime Security Incidents

Offshore Wind Giant Vestas Hit With Cyber Attack

By Christian Wienberg (Bloomberg) –Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind turbines was

November 22, 2021
Total Views: 3524

Aluminium_bar_surface_etched
Ports

The Strange Story Of A $5B Port Hoard

By Mark Burton and Nguyen Dieu Tu Uyen (Bloomberg) On an industrial port about an hour’s drive toward the South China Sea coast from Ho Chi Minh City sit

November 22, 2021
Total Views: 17390

kmtc container ship Pusan Newport Terminal in Busan
Ports

South Korean Port Exports Make Double-Digit Gains

By Jiyeun Lee (Bloomberg) –South Korea’s exports are poised to extend a run of double-digit gains in November, underpinned by chip and ship sales and

November 22, 2021
Total Views: 650

Sunday, November 21, 2021
France Is Prepared To Help Their Fishermen If They Don’t Obtain Licenses From U.K.
Commercial Fishing

France Is Prepared To Help Their Fishermen If They Don’t Obtain Licenses From U.K.

By Albertina Torsoli (Bloomberg) —France will continue supporting its fishermen as talks with the U.K. on post-Brexit fish licenses drag on,

November 21, 2021
Total Views: 1591

Saturday, November 20, 2021
Port Of Vancouver, Canada
Ports

Port Of Vancouver Which Is Already In A State Of Emergency Braces For More Rain

By Robert Tuttle and Natalie Obiko Pearson (Bloomberg) –Vancouver, Canada’s third-largest city, is bracing for more rain after deadly floods last

November 20, 2021
Total Views: 3977

Hong Kong Port
Ports

Port Congestion Eases in Asia While U.S. Battles Import Deluge

By Kevin Varley and Brendan Murray (Bloomberg) –Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a

November 20, 2021
Total Views: 985

smoke pollution coming from a container ship
Shipping

IMO Is Challenged With Steering Its 175 Member States Toward Cleaner Shipping

By Jack Wittels (Bloomberg) –Global talks on how to clean up shipping are set to begin Monday as momentum builds to cut pollution from the

November 20, 2021
Total Views: 978

Coffee Shop During Covid
Interesting

Coffee Tastes Different Thanks To The Shipping Crisis

By Archie Hunter (Bloomberg) Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes

November 20, 2021
Total Views: 2709

Friday, November 19, 2021
port of los angeles and long beach
Shipping

Sailors Venture on Land at Packed California Port as Limits Ease

By Augusta Saraiva (Bloomberg) — The logjam of ships waiting for a turn to unload their cargo at the U.S.’s busiest container port has left thousands

November 19, 2021
Total Views: 2183

Disney Cruise Mandates Vaccinations For Children
Cruise Ships

Disney Cruise Mandates Vaccinations For Children

By Nikki Ekstein (Bloomberg) The days of bringing unvaccinated kids aboard a cruise are winding down. On Wednesday, Disney Cruise

November 19, 2021
Total Views: 1532

Thursday, November 18, 2021
zim containership
Shipping

ZIM CEO: US Trade ‘Firing On All Cylinders’

By Alex Longley (Bloomberg) — There’s little sign of near-term improvement in the global supply-chain crisis, according to Israeli container

November 18, 2021
Total Views: 1355

panama canal lng transit record
Shipping

LNG Tanker Rates Surge to Record as Asia Buys More US Gas

By Ann Koh (Bloomberg) — Spot freight rates for liquefied natural gas tankers in the Asia-Pacific have surged to record highs as a steady flow of U.S.

November 18, 2021
Total Views: 2225

Wednesday, November 17, 2021
Storm of the Century Stalls Canada’s Biggest Port
Ports

Storm of the Century Stalls Canada’s Biggest Port

By Marcy Nicholson and Natalie Obiko Pearson (Bloomberg) — Traffic at Canada’s largest port has been cut off by what local officials are calling the

November 17, 2021
Total Views: 8681

offshore rig
Offshore

Biden Administration’s Gulf Oil Auction to Test Appetite for Offshore Reserves

The Biden Administration will hold its first offshore oil and gas lease sale on Wednesday, but only under a court order to do so. By Jennifer A. Dlouhy

November 17, 2021
Total Views: 525

Tuesday, November 16, 2021
crane loading container
Shipping

Container Shipping Rates Could Take Two Years to Return to Normal

By Brendan Murray (Bloomberg) — Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to

November 16, 2021
Total Views: 3228

S&P Global Offices In NYC
Finance

US Approves $39B Maritime Media And Data Deal

By David McLaughlin (Bloomberg) S&P Global (NYSE: SPGI) won U.S. antitrust approval to buy IHS Markit (NYSE: INFO) – owners of The Journal Of

November 16, 2021
Total Views: 1186