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.


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: 3355

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: 4903

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: 3128

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

USS Salt Lake City and USS Frank Cable
Navy

Australian Shipbuilders Debate Nuclear Reactor Safety In Wake Of Submarine Deal

By Matthew Burgess (Bloomberg) Australia’s surprise deal with the U.S. and Britain for nuclear-powered submarines has shaken its Asian neighbors and angered

September 29, 2021
Total Views: 6511

Dry bulk coal shipping. ImagineStock/Shutterstock
Shipping

China Power Crisis to Kick Off Global Race for Coal

By Bloomberg News (Bloomberg) — China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into

September 29, 2021
Total Views: 3137

Tuesday, September 28, 2021
containership
Shipping

Pandemic Shopping Spree Fuels Rebound in Shipping Emissions

By Isis Almeida (Bloomberg) — The pandemic-driven shopping spree is having at least one unintended consequence: emissions from shipping are on the rise

September 28, 2021
Total Views: 1389

Oil tanker in Ningbo Zhoushan port
Shipping News

China’s Electric Grid Stumbles Under Shipping Shortage

by Debby Wu (Bloomberg) China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are

September 28, 2021
Total Views: 3354

Monday, September 27, 2021
port of los angeles
Ports

Los Angeles Port Chief Calls for More Federal Funding for Congested West Coast Ports

By Jill R. Shah (Bloomberg) — The U.S. federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is

September 27, 2021
Total Views: 4113

tanker at sea
Offshore

Brent Rises to Highest Since 2018 on Global Energy Crunch

By Alex Longley and Sheela Tobben (Bloomberg) — Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy

September 27, 2021
Total Views: 1368