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 10, 2021
First us oil exports on Theo T tanker
Shipping

Democrats Press Biden to Consider Reinstating Crude Oil Export Ban

By Ari Natter (Bloomberg) — President Joe Biden faces growing pressure from fellow Democrats to address rising gasoline prices by taking steps that

November 10, 2021
Total Views: 1576

China-Shandong_aircraft_carrier_of_People's_Liberation_Army_Navy
Navy

China’s New Aircraft Carrier Nears Completion

(Bloomberg) China is three to six months from launching its third and most modern aircraft carrier, new analysis shows, in what would be a milestone for

November 10, 2021
Total Views: 6034

Tuesday, November 9, 2021
Biden’s Commerce Chief Says Supply Chain Hurdles to Last Well Into 2022
Ports

Biden’s Commerce Chief Says Supply Chain Hurdles to Last Well Into 2022

By Eric Martin (Bloomberg) — U.S. supply chains will take “some number of months” to normalize next year, and vaccine mandates for companies will

November 9, 2021
Total Views: 823

Snarled Supply Chain Is Making US Warehouse Shortage Worse
Ports

Snarled Supply Chain Is Making US Warehouse Shortage Worse

By John Gittelsohn (Bloomberg) — Record numbers of cargo ships bob in the waters off Southern California, unable to unload. A late shipment of patio

November 9, 2021
Total Views: 2389

Sunday, November 7, 2021
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

China Posts Record Trade Surplus in October As Exports Surge

By Bloomberg News(Bloomberg) –China posted a record monthly trade surplus in October as exports surged despite global supply-chain disruptions.

November 7, 2021
Total Views: 1210

bulk-ship-loading-grain
Shipping

In a World Desperate for Wheat, Australia and Argentina Step Up

By Sybilla Gross (Bloomberg) –For the second season in a row, the stars are favorably aligned for Australian wheat growers — a bumper harvest,

November 7, 2021
Total Views: 1909

Port Of Vancouver, Canada
Shipping

Canada Goose Sidesteps Supply-Chain Snarls

By Sandrine Rastello (Bloomberg) –Parka maker Canada Goose Holdings Inc. has long touted its made-in-Canada approach to boost the brand’s appeal.

November 7, 2021
Total Views: 3037

Saturday, November 6, 2021
port of los angeles and long beach
Ports

Cargo Ships Are Trying To Avoid Big Ports

By Kevin Varley(Bloomberg) –Congestion at many of the world’s major ports offered a snapshot of supply chains trying to avoid unprecedented

November 6, 2021
Total Views: 5775

Blades of seagrass float in the ocean
Environment

Are Oceans More Valuable As Carbon Sinks Than As A Source Of Oil And Natural Gas?

By Todd Gillespie(Bloomberg) –Scientists want to find out just how much the seas and oceans can help in the battle against climate change. A

November 6, 2021
Total Views: 1147

Friday, November 5, 2021
Latest Threat in Supply Chain Nightmares Is Storm Season at Sea
Shipping

Latest Threat in Supply Chain Nightmares Is Storm Season at Sea

By Robert Tuttle (Bloomberg) — Storm season is coming to the shores of Southern California, and that could make global supply-chain bottlenecks even

November 5, 2021
Total Views: 2189

cargo ships loading at port of oakland
Ports

Smaller Ports Pitch for Cargo as California’s Logjams Swell

By Augusta Saraiva (Bloomberg) — The U.S.’s busiest port complex in southern California has more demand than it can handle — and that’s left

November 5, 2021
Total Views: 2726

Thursday, November 4, 2021
The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas
Shipping

Shipping US Diesel to Europe Just Got Pricier as Rates Soar

By Prejula Prem (Bloomberg) — The cost of shipping diesel and other fuels to Europe from the U.S. Gulf has surged in recent days amid signs of an

November 4, 2021
Total Views: 1767

Yacht Full of Climate Scientists Plots Giant Sea Gate to Save Manhattan
Environment

Yacht Full of Climate Scientists Plots Giant Sea Gate to Save Manhattan

By Polly Mosendz (Bloomberg) Aboard the Manhattan II, a 100-foot yacht with glass walls and mahogany paneling, a group of scientists, engineers, politicians,

November 4, 2021
Total Views: 3129

Wednesday, November 3, 2021
maersk tanker
Environment

Maersk Tankers Boss Says Customers Will Pay to Clean Up Shipping

By Jack Wittels (Bloomberg) — The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are

November 3, 2021
Total Views: 1413

Empty Maersk shipping containers
Finance

Central Banks Ditch Inflation Narrative As Shipping Stumbles To Meet Demand

Central banks, already retreating from their view that inflation is “transitory,” may be forced to counter rising prices with earlier-than-expected

November 3, 2021
Total Views: 1217

Tuesday, November 2, 2021
Port of Singapore
Ports

Ships Queues Worsen Port Delays From Singapore to Piraeus

By Kevin Varley (Bloomberg) — The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from

November 2, 2021
Total Views: 1314

Monday, November 1, 2021
FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

West Coast Ports Face 2022 Labor Clash Amid Snarls

By Augusta Saraiva (Bloomberg) — With a near-record 75 container ships waiting outside the U.S.’s largest port complex in southern

November 1, 2021
Total Views: 2135

Rising Cost of Christmas Ornaments Shows Supply Chain Challenges Facing Manufacturers and Retailers
Shipping

Rising Cost of Christmas Ornaments Shows Supply Chain Challenges Facing Manufacturers and Retailers

By Bloomberg News (Bloomberg) — This year, the Chinese city of Yiwu — the world’s biggest hub for the manufacture of plastic

November 1, 2021
Total Views: 758

Sunday, October 31, 2021
DP World To Develop Seaports In Indonesia
Ports

DP World To Develop Seaports In Indonesia

By Tassia Sipahutar (Bloomberg) –Indonesia’s newly established wealth fund signed an agreement with Dubai port operator DP World to develop

October 31, 2021
Total Views: 1158

U.K. Slams France’s Threats Over Fishing As Tensions Rise
Commercial Fishing

U.K. Slams France’s Threats Over Fishing As Tensions Rise

(Bloomberg) –The U.K. government hit back at France over its proposed retaliatory measures in a dispute over fishing access, as post-Brexit tensions

October 31, 2021
Total Views: 1903