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.


Sunday, September 5, 2021
Oil rigs in the Gulf of Mexico after Hurricane Ida made landfall in Louisiana, in Grand Isle, Louisiana, U.S. August 31, 2021.
Oil Spill

Miles-Long Gulf Oil Spill Investigated by Coast Guard

By Ari Natter (Bloomberg) –Federal authorities are responding to a 14-mile long oil spill in the Gulf of Mexico discovered in the aftermath of

September 5, 2021
Total Views: 2588

Marco Polo Container-ship lighthouse
Ports

America’s Fourth-Largest Container Port Sees Surge In Congestion Spillover

By Kevin Varley (Bloomberg) The number of container ships waiting off the Georgia container port of Savannah increased to 23 on Tuesday, 11 more than the

September 5, 2021
Total Views: 6794

Saturday, September 4, 2021
Talos Files USMCA Dispute Notice Against Mexico Over Zama Field
Offshore

Talos Files USMCA Dispute Notice Against Mexico Over Zama Field

By Max de Haldevang (Bloomberg) –Talos Energy Inc., the U.S. offshore explorer behind Mexico’s largest oil discovery in years, is taking the first

September 4, 2021
Total Views: 1109

Port of New Orleans
Shipping News

Days After Ida, Storm’s True Impact on Energy Sector Emerges

By David Wethe and Sheela Tobben (Bloomberg) — Five days after Hurricane Ida slammed into Louisiana, the true damage to the region’s energy

September 4, 2021
Total Views: 1785

offshore spar
Offshore

Pemex Can’t Afford to Develop the Oil Field It Fought to Control

By Amy Stillman (Bloomberg)–Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the

September 4, 2021
Total Views: 1633

Thursday, September 2, 2021
Legislation Moves Forward To Block Oil Drilling In Most U.S. Waters
News

Legislation Moves Forward To Block Oil Drilling In Most U.S. Waters

By Jennifer A. Dlouhy (Bloomberg) — Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged

September 2, 2021
Total Views: 2922

IMO greenhouse gas emissions
Environment

EU Report Shows Scale Of Shipping’s Harm On Environment

(Bloomberg) –Europe’s first environmental impact assessment for the shipping industry shows the challenge it faces in reaching the goal of climate

September 2, 2021
Total Views: 1142

Wednesday, September 1, 2021
Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub
Ports

Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub

(Bloomberg) –Corn prices in Chicago sank to a seven-week low as broken grain elevators and power outages in the U.S.’s busiest agricultural port raised

September 1, 2021
Total Views: 2747

Tuesday, August 31, 2021
Pusan Newport Container-ship Terminal in Busan
Shipping

Dollar Tree Suffers A Freighter Delay of Two Months For A Single Covid Case

(Bloomberg) — Shipping costs and lag times are wreaking havoc on profit margins at Dollar Tree Inc., which relies on a steady volume of cheap goods to

August 31, 2021
Total Views: 2709

mississippi river shipping
Ports

Hurricane Ida Threatens U.S. Grain Exports If Disruptions Linger

(Bloomberg) —Hurricane Ida is shaking up grain exports in the U.S.’s busiest agricultural port, a problem that could balloon as the nation approaches

August 31, 2021
Total Views: 1087

First Autonomous Cargo Ship Faces Test With 236-Mile Voyage
Ship Design

First Autonomous Cargo Ship Faces Test With 236-Mile Voyage

By River Davis and Tsuyoshi Inajima (Bloomberg) — In just two decades from now, half of all domestic ships plying Japan’s coastal waters may be

August 31, 2021
Total Views: 2620

Monday, August 30, 2021
Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida
Finance

Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors

August 30, 2021
Total Views: 887

One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis
Shipping

One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

By Ann KohAug (Bloomberg) — Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes,

August 30, 2021
Total Views: 7455

Ships Are Diverting From The Mississippi River To Avoid Hurricane Ida’s Wrath
Ports

Ships Are Diverting From The Mississippi River To Avoid Hurricane Ida’s Wrath

By Ann Koh (Bloomberg) — The port of New Orleans has halted container terminal and break-bulk operations as Hurricane Ida lashes the Louisiana coast

August 30, 2021
Total Views: 1652

Sunday, August 29, 2021
mississippi shipping
Marine Weather

Mississippi River Is Flowing In Reverse As Ida Pushes Inland

By Sergio Chapa (Bloomberg) — The Mississippi River is flowing in reverse in southeastern Louisiana as Hurricane Ida forces vast volumes of sea

August 29, 2021
Total Views: 4130

cargo ships in rio de janeiro
Ports

Beef Accumulating In Ports Due To Lack of Refrigerated Containers

By Ken Parks (Bloomberg) –Global shipping disruptions and drought-stricken rivers in the heart of South America threaten to pinch meat exports from

August 29, 2021
Total Views: 2241

Arrival Time of Tropical-Storm-Force Winds
Marine Weather

Hurricane Ida Gains Power Rapidly

By Brian K. Sullivan— (Bloomberg) –Hurricane Ida gained power rapidly Sunday as it crossed the Gulf of Mexico on its way to smashing into

August 29, 2021
Total Views: 836

Saturday, August 28, 2021
Coffee Splashing
Shipping

Dire Shortage Of Containers Amid Other Setbacks Are Impacting Coffee Supplies

By Mai Ngoc Chau (Bloomberg)–World coffee supplies are suffering a fresh setback from stringent travel curbs imposed in second-biggest grower

August 28, 2021
Total Views: 1405

port of los angeles and long beach
Ports

Record Volumes And Difficulties For Container Ports On U.S. Coasts

By Brendan Murray(Bloomberg) –The number of ships waiting to enter the biggest U.S. gateway for trade with Asia reached the highest since the

August 28, 2021
Total Views: 4203

Friday, August 27, 2021
Candela-Seven-in-Reuters-2048x1173.png
Ship Design

Battery-Powered Speedboat Looking To Become The Tesla Of The Sea

Niclas Rolander (Bloomberg) Sweden’s Candela Speed Boat AB is challenging the conventional combustion-engine leisure-craft industry with a new

August 27, 2021
Total Views: 3734