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.


Thursday, August 26, 2021
ningbo port congestion
Ports

A Week at Least for World’s Third-Busiest Port to Return to Normal

By Kyunghee Park (Bloomberg) — Operations at China’s Meishan terminal in the world’s third-busiest container port will take at least a week to

August 26, 2021
Total Views: 1038

norway fish farm
Commercial Fishing

Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters

By Stephen Treloar (Bloomberg) — Billionaire Kjell Inge Rokke’s Aker ASA and SalMar ASA will create an offshore fish farming company to open new

August 26, 2021
Total Views: 2782

shipping container port
News

World’s Supply Chain Problem Keeps Getting Worse

By Cindy Wang (Bloomberg) A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant

August 26, 2021
Total Views: 3185

Wednesday, August 25, 2021
shipping container
Shipping

New York Shipping Exchange Raises Cash to Expand Contracts

By Clara Hernanz Lizarraga and Ivan Levingston (Bloomberg) — The New York Shipping Exchange, founded in 2015 by a former industry executive to make

August 25, 2021
Total Views: 663

port in Ningbo, Zhejiang
Ports

China Reopens Terminal at World’s Third-Busiest Port

By Bloomberg News (Bloomberg) — The Meishan terminal at China’s second-busiest port reopened Wednesday following a two-week shutdown that further

August 25, 2021
Total Views: 832

Tuesday, August 24, 2021
maersk-ship-stack-logo
Environment

Maersk Makes $1.4 Billion Bet On Methanol Ships

By Jack Wittels (Bloomberg) The world’s largest container-shipping line is making a $1.4 billion investment in a greener fleet.  A.P. Moller – Maersk

August 24, 2021
Total Views: 2542

ningbo port congestion
Ports

Ships Resume Berthing At Ningbo

By Ann Koh (Bloomberg) Ships have resumed berthing operations at a halted container terminal in Ningbo, China, adding to optimism that full activity at one of

August 24, 2021
Total Views: 1003

Monday, August 23, 2021
Rally Looks Set as Dry Bulk Shipping Rates Soar
Shipping

Rally Looks Set as Dry Bulk Shipping Rates Soar

By Damian Shepherd and Alex Longley (Bloomberg) — For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no

August 23, 2021
Total Views: 1337

ningbo port congestion
Ports

China Export Volume Falls Amid Port Congestion

By Bloomberg News – (Bloomberg) The volume of China’s exports are expected to fall in August from the previous month due to renewed container shipping

August 23, 2021
Total Views: 695

Sunday, August 22, 2021
Drone Photo Of A Product Tanker carrying Gasoline.
News

Asia Has Too Much Diesel

What will Asia do with an oversupply of diesel and what does it mean for the tanker market or bunker

August 22, 2021
Total Views: 1161

Officer On A US Navy Ship's Bridge Wing
Navy

What Can Corporations Learn From The US Navy’s Vaccine Campaign?

By Rebecca Torrence, Bloomberg (OPED) The corporate world may want to take a page out of the U.S. Navy’s manual when it comes to boosting workforce Covid-19

August 22, 2021
Total Views: 599

Saturday, August 21, 2021
Disney Cruise Ship Underway
Finance

CDC Says Vaccinated Cruisers Should Avoid Voyages

By Jonathan Levin (Bloomberg) Cruise shares slipped in after-market trading late Friday after the Centers for Disease Control and Prevention said high-risk

August 21, 2021
Total Views: 819

Wednesday, August 18, 2021
shipboard private security keeping watch on a tanker
Piracy

Piracy, Safety Risks Stoke Shipping’s Re-Think of Security

By Damian Shepherd (Bloomberg) — Some of the world’s largest shipping organizations are drafting a plan to deal with the changing nature of piracy and

August 18, 2021
Total Views: 2162

angshan Deep-Water Port
Shipping

WTO Says Record Global Trade in Goods May Be Plateauing

By Brendan Murray (Bloomberg) — Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by

August 18, 2021
Total Views: 762

crowley tugs
Offshore

Biden To Resume Selling Offshore Drilling Rights as Appeal Unfolds

By Jennifer A. Dlouhy (Bloomberg) The Biden administration is appealing a federal judge’s ruling against its oil leasing moratorium and deepening government

August 18, 2021
Total Views: 1396

Tuesday, August 17, 2021
oil storage tanks
Offshore

Oil Posts Longest Run of Losses Since March as Recovery Falters

By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data

August 17, 2021
Total Views: 1501

ningbo port congestion
Ports

China Port Congestion Worsens as Ningbo Shuts for Seventh Day

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major

August 17, 2021
Total Views: 2290

Containership Bottleneck Off Southern California Ports Approaches February Record
Ports

Containership Bottleneck Off Southern California Ports Approaches February Record

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,

August 17, 2021
Total Views: 7877

Monday, August 16, 2021
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Supply Chains Are Being Battered by Fresh Covid Surges

By Enda Curran and Michelle Jamrisko (Bloomberg) — Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the

August 16, 2021
Total Views: 1437

Sunday, August 15, 2021
Chevron
News

Chevron Delays Office Return

By Kevin Crowley (Bloomberg) Chevron Corp. is postponing the full return of employees to its headquarters in San Ramon, California, and its largest office in

August 15, 2021
Total Views: 2151