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, May 27, 2021
general cargo bulk ship
Shipping

China’s Scrutiny of Corn Imports Spurs U.S. Cargo Cancellations

By Bloomberg News (Bloomberg) — China is clamping down on some corn imports amid concern that overseas purchases have spiraled out of control, prompting

May 27, 2021
Total Views: 19467

Wednesday, May 26, 2021
A boarding team from the Coast Guard Cutter Mellon (WHEC 717) approach a fishing vessel on the high seas in January 2019 while patrolling in support of counter-Illegal, Unregulated and Unreported fishing and global security missions. U.S. Coast Guard Photo
Commercial Fishing

U.S. Asks WTO to Address Forced Labor on Fishing Vessels

By Ana Monteiro (Bloomberg) — The U.S. asked the World Trade Organization’s members to address the problem of forced labor on fishing vessels, seeking

May 26, 2021
Total Views: 2569

wind turbine
Offshore

Waves and Seaweed Challenge France’s Plans for Floating Wind

By Francois de Beaupuy and William Mathis (Bloomberg) — Floating wind energy projects could open up vast areas of the world’s oceans to produce

May 26, 2021
Total Views: 2494

Shell Loses Climate Case That May Set Precedent for Big Oil
Offshore

Shell Loses Climate Case That May Set Precedent for Big Oil

By Diederik Baazil, Hugo Miller and Laura Hurst (Bloomberg) — Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and

May 26, 2021
Total Views: 1973

Monday, May 24, 2021
singapore
Shipping

Collapsed Singapore Oil Trader Founder Appeals $20 Million Order

By Chanyaporn Chanjaroen and Alfred Cang (Bloomberg) — Lim Oon Kuin, the founder of collapsed Singapore oil trader Hin Leong Trading (Pte.) Ltd, is

May 24, 2021
Total Views: 1685

Friday, May 21, 2021
Arctic Superpowers Jostle for Position as Russia Takes on Key Role
Shipping

Arctic Superpowers Jostle for Position as Russia Takes on Key Role

By Laura Millan Lombrana (Bloomberg) — A battle of words between top Russian and U.S. diplomats this week is the latest sign of rising tensions

May 21, 2021
Total Views: 5629

Jag Anand
Shipping

Stranded Australian Coal Cargo Arrives in China After 356 Days at Sea

By Kevin Varley (Bloomberg) — The Jag Anand, stranded off the Chinese coast for 356 days with Australian coal, left the port of Jingtang yesterday after

May 21, 2021
Total Views: 24619

qatar lng ship
Shipping News

Qatar LNG Plans To Flood World Market

By Anna Shiryaevskaya (Bloomberg) The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a

May 21, 2021
Total Views: 10053

Thursday, May 20, 2021
lamu port kenya
Ports

First Ships Dock at Kenya’s New Deepwater Port

By David Herbling (Bloomberg) — Two A.P. Moller-Maersk A/S vessels made maiden calls at Kenya’s new Indian Ocean port which began operating on

May 20, 2021
Total Views: 1727

Wednesday, May 19, 2021
Soeren Skou, CEO Maersk
Shipping

Maersk CEO Says Virtual Capital Markets Day Event May Become New Norm

By Christian Wienberg (Bloomberg) — The world’s largest shipping company may never go back to in-person capital markets days, as the pandemic looks

May 19, 2021
Total Views: 2513

Oil tankers pass through the Strait of Hormuz
Shipping

Iran to Start Oil Exports From New Port that Bypasses Strait of Hormuz

By Arsalan Shahla (Bloomberg) — Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks

May 19, 2021
Total Views: 1951

Monday, May 17, 2021
port of los angeles and long beach
Ports

U.S. West Coast Ports Race to Clear Ship Backlog by Peak Season

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials

May 17, 2021
Total Views: 4134

cargo containers
Shipping

India’s COVID Crisis Hits Ports as Risk to Trade Grows

By Krystal Chia and Debjit Chakraborty (Bloomberg) — India’s devastating Covid-19 crisis is threatening operations at some of its biggest

May 17, 2021
Total Views: 939

Friday, May 14, 2021
alaska cruises
Cruise Ships

Cruise Lines Gain as Senate Advances Bill Resuming Alaskan Trips

By Jonathan Levin (Bloomberg) — Cruise-line stocks led by Norwegian Cruise Line Holdings Ltd. climbed Friday after the Senate passed legislation to help

May 14, 2021
Total Views: 1972

Thursday, May 13, 2021
Valero refinery Houston Ship Channel
Shipping

Valero Secures Biden’s First Jones Act Waiver for Foreign Tanker

UPDATE: The Biden administration has issued a second waiver of U.S. shipping requirements as it seeks to get more fuel to the East Coast in the wake of the

May 13, 2021
Total Views: 1526

product tanker
Shipping News

Department of Homeland Security Issues Limited Jones Act Waiver to Foreign Shipping Company

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) — The Biden administration temporarily eased century-old U.S. shipping requirements so a

May 13, 2021
Total Views: 12403

Wednesday, May 12, 2021
colonial pipeline tanks
Offshore

Colonial Pipeline Restarting After Cyberattack

By Mike Jeffers and William Turton (Bloomberg) — The largest gasoline pipeline in America is returning to service, recovering from a cyberattack

May 12, 2021
Total Views: 2884

port of rotterdam
Environment

Netherlands Pledges $2.6 Billion Subsidy to Bury Carbon Under the Sea

By Will Mathis and Akshat Rathi (Bloomberg) — The Dutch government has told a consortium of companies including Royal Dutch Shell Plc and Exxon Mobil

May 12, 2021
Total Views: 2110

Soeren Skou, CEO Maersk
Shipping

Maersk CEO Sees No Real Sign of Inflation Risk in World Economy

By Christian Wienberg (Bloomberg) — The chief executive of the world’s biggest shipping company says he’s not seeing signs of a dangerous resurgence

May 12, 2021
Total Views: 2679

Tuesday, May 11, 2021
Global Commodities Scramble Sends Shipping Prices Soaring
Shipping

Global Commodities Scramble Sends Shipping Prices Soaring

By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any

May 11, 2021
Total Views: 2271