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.


Tuesday, October 12, 2021
dp world shipping terminal
Ports

DP World Pledges $1.7 Billion In African Ports Deal

By Antony Sguazzin (Bloomberg) DP World and CDC Group have formed a partnership to develop ports in Africa and committed to spending $1.72 billion on

October 12, 2021
Total Views: 1331

Tropical Storm Kompasu 2021
Marine Weather

Ports Close In China As Tropical Storm Kompasu Nears

The number of vessels waiting to enter one of the world’s busiest ports jumped to the most since August, threatening to further snarl global supply chains

October 12, 2021
Total Views: 1694

Monday, October 11, 2021
bunkering
Environment

Shipping’s Future Fuels Could Prove a Lucrative Bet for Investors

By Jack Wittels (Bloomberg) — The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest

October 11, 2021
Total Views: 1383

Qatar Gas' LNG FPSO
News

‘Maxed Out’ Qatar LNG Is Unhappy With High Prices

By Simone Foxman (Bloomberg) Qatar, the world’s biggest exporter of liquefied natural gas, said it’s “unhappy” prices are so high but is producing at

October 11, 2021
Total Views: 2476

Sunday, October 10, 2021
Shipping Delays Throws Book Industry Into Nail Biting Chaos
Shipping

Shipping Delays Throws Book Industry Into Nail Biting Chaos

By Gerry Smith and Augusta Saraiva (Bloomberg) –Starting in late August, five container ships left China carrying 65,000 copies of

October 10, 2021
Total Views: 3057

Kenya Hints Won’t be Bound By Maritime Border Ruling With Somalia
Shipping News

Kenya Hints Won’t be Bound By Maritime Border Ruling With Somalia

By Helen Nyambura(Bloomberg) -Kenya hinted it won’t be subject to the International Court of Justice’s ruling in a maritime border dispute with

October 10, 2021
Total Views: 2137

Saturday, October 9, 2021
California Oil Spill Recovery Vessel
Oil Spill

Ship Boardings Continue As USCG Is ‘Convinced An Anchor Is To Blame For California Oil Spill’

By Robert Tuttle (Bloomberg) The underwater pipeline that spilled as many as 3,000 barrels of oil off California’s coast may have been dragged by a ship

October 9, 2021
Total Views: 3070

Friday, October 8, 2021
DCV HAYWARD transits Hudson River
Offshore

New York Wind Turbine Parts Will Be Floated Down The Hudson River

By Josh Saul (Bloomberg) Orsted A/S and Eversource Energy, the companies building a big wind farm off the Long Island coast, are teaming up with construction

October 8, 2021
Total Views: 2045

yantian port china
Shipping

China’s Energy Crisis Is Hitting Everything From iPhones to Milk

By Jeff Sutherland and Tom Hancock (Bloomberg) — The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from

October 8, 2021
Total Views: 3354

oil tanker
Offshore

US Crude Oil Tops $80 for First Time Since 2014 as Energy Crisis Threatens Supplies

By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at

October 8, 2021
Total Views: 1259

Elon Musk, the chief executive of Tesla Motor at sxsw
News

Musk Says Ship Shortage Threatens Tesla’s Growth

By Peter Vercoe (Bloomberg) A double-whammy of a global shortage of ships and chips is the only thing standing in the way of Tesla Inc. maintaining sales

October 8, 2021
Total Views: 1786

Wednesday, October 6, 2021
Oil-Fouled California Beaches Rekindle Demands for Offshore Ban
Offshore

Oil-Fouled California Beaches Rekindle Demands for Offshore Ban

By Robert Tuttle, Amelia Pollard and John Gittelsohn (Bloomberg) — Cruising along the panoramic Pacific Coast Highway that hugs the curves of

October 6, 2021
Total Views: 835

Tuesday, October 5, 2021
vlcc tanker u-turn
Shipping

Energy Trader Gunvor’s Employees Make How Much??

By Andy Hoffman (Bloomberg) — A rare disclosure by Gunvor Group Ltd. confirms what’s long been suspected — jobs at energy trading firms pay very

October 5, 2021
Total Views: 4902

Holiday Season At Risk As Maritime Supply Chain Disaster Gets Worse
Ports

Holiday Season At Risk As Maritime Supply Chain Disaster Gets Worse

If last holiday season was dubbed “shipageddon,” what will this year be called? By Matthew Townsend (Bloomberg) It’s the beginning of October, just the

October 5, 2021
Total Views: 3127

Monday, October 4, 2021
Officials Looking Into Whether A Ship’s Anchor May Have Caused Pipeline Leak Off Southern California
Accidents

Officials Looking Into Whether A Ship’s Anchor May Have Caused Pipeline Leak Off Southern California

By Josyana Joshua and Kevin Crowley (Bloomberg) — The owner of a pipeline at the heart of California’s worst oil spill in almost 30

October 4, 2021
Total Views: 5436

File photo of the Carnival Glory at sea
Cruise Ships

Carnival Plans Loan Sale to Refinance Costly Pandemic Bonds

By Davide Scigliuzzo (Bloomberg) — Carnival Corp. is taking another stab at replacing expensive bonds sold at the onset of the pandemic with a new $1.5

October 4, 2021
Total Views: 3385

Sunday, October 3, 2021
port of charleston
Finance

Despite Persistent Shipping Challenges U.S. Factory Growth Advances to Four-Month High

By Reade Pickert (Bloomberg) –A measure of U.S. manufacturing expanded in September at the fastest pace in four months, bolstered by robust demand

October 3, 2021
Total Views: 1044

qatargas duhail lng carrier
Shipbuilding

Qatar Petroleum Places $760 Million LNG Order With China

By Paul Wallace(Bloomberg) –Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese

October 3, 2021
Total Views: 4220

Friday, October 1, 2021
container terminal at port
Shipping

Port Operator DP World Sees Lasting Supply Chain Disruptions: ‘Maybe in 2023’

By Adveith Nair and Manus Cranny (Bloomberg) — Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have

October 1, 2021
Total Views: 2052

Wednesday, September 29, 2021
World’s Biggest Offshore Wind Developer SSE Moves Into Japan
Environment

World’s Biggest Offshore Wind Developer SSE Moves Into Japan

By Rachel Morison (Bloomberg) SSE Plc formed a joint venture in Japan to gain a foothold in one of the most promising markets for offshore wind.  The

September 29, 2021
Total Views: 1078