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.


Wednesday, May 5, 2021
container ship underway at sea
Shipping

Retail Brands Pledge Supply Chain Audit to Help Seafarers Stranded by COVID-19

By K. Oanh Ha (Bloomberg) — Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains

May 5, 2021
Total Views: 1424

Katherine Tai nomination hearing
Shipping

Biden Trade Chief Pledges to Build Off Trump’s China Agreement

By Eric Martin (Bloomberg) — President Joe Biden’s chief trade negotiator pledged to build off the deal with China reached under Donald Trump and said

May 5, 2021
Total Views: 1268

Tuesday, May 4, 2021
ever given
Shipping

Egyptian Judge Rejects Appeal for Release of Ever Given

By Salma El Wardany (Bloomberg) — An Egyptian court upheld a ruling preventing the giant container ship that blocked the Suez Canal from leaving the

May 4, 2021
Total Views: 6109

Monday, May 3, 2021
Scarborough Shoal China Fishing
Navy

Philippines Slams China’s ‘Dangerous’ Move

By Andreo Calonzo (Bloomberg) The Philippines has protested China’s “dangerous maneuver” against its Coast Guard that patrolled and trained last month

May 3, 2021
Total Views: 6220

Container-ship Departure Houston
Shipping News

Sea Cargo Chaos Intensifies In The Summer Of Sold-Out Ships

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking

May 3, 2021
Total Views: 13647

China-Shandong_aircraft_carrier_of_People's_Liberation_Army_Navy
Navy

Aircraft Carrier Shandong Deploys To South China Sea

(Bloomberg) –China has sent its Shandong aircraft carrier for military training in the South China Sea and plans to continue similar exercises, the

May 3, 2021
Total Views: 6040

Sunday, May 2, 2021
HMS-Queen-Elizabeth_Maiden_Voyage
Navy

Royal Navy Sends A Strong Warning To China

By Admiral James Stavridis (Bloomberg Opinion) Throughout my U.S. Navy career, I loved to operate at sea with the British Royal Navy. U.K.

May 2, 2021
Total Views: 111976

Saturday, May 1, 2021
Radiance at Hubbard Glacier - Alaska
Cruise Ships

Effort to Bring Cruises Back to Alaska Is Delayed as Senators Wrangle

By Lillianna Byington (Bloomberg Government) — Efforts to revive cruises to Alaska as the pandemic eases have exposed divisions among U.S. lawmakers,

May 1, 2021
Total Views: 4538

Thursday, April 29, 2021
Ships moored Parana River Port
Shipping

Soy-Shipping Turmoil Deepens With Argentine Minister’s Death

By Jonathan Gilbert (Bloomberg) — Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One

April 29, 2021
Total Views: 2699

Royal Caribbean's Quantum of the Seas
Cruise Ships

Cruise Shares Rise as CDC Outlines Quicker Path to Sailing’s Return

By Jonathan Levin (Bloomberg) — Cruise shares advanced after the U.S. Centers for Disease Control and Prevention outlined a new path to the resumption

April 29, 2021
Total Views: 2288

FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Wind Power Giant’s Profit Hit by Rocks on the Seabed

By William Mathis (Bloomberg) — Building power plants in the middle of the sea was never going to be easy. The world’s largest developer of offshore

April 29, 2021
Total Views: 7005

Navy-anti-missile-SEARAM
Navy

Can The US Navy Protect Ships From Missile Attacks?

By Tony Capaccio (Bloomberg) The U.S. Navy “currently does not have a well-defined strategy or funding” for testing to determine whether radar and

April 29, 2021
Total Views: 8969

Tuesday, April 27, 2021
offshore wind turbine
Offshore

Siemens Expects Offshore Wind Boom in Baltic Sea

By Maciej Martewicz (Bloomberg) — Siemens Gamesa Renewable Energy SA sees huge potential for offshore wind in the Baltic Sea as the world’s

April 27, 2021
Total Views: 1805

Waterways Are Drying Up Making Navigation Difficult In Key South American Crop-Shipping Ports
Ports

Waterways Are Drying Up Making Navigation Difficult In Key South American Crop-Shipping Ports

The South American drought that’s helping push Wheat, Corn, and Soybean prices to multiyear highs isn’t just threatening crops, but also the

April 27, 2021
Total Views: 4918

Huge Spike In Shipping Containers Lost At Sea
Shipping News

Huge Spike In Shipping Containers Lost At Sea

By Ann Koh (Bloomberg) Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending

April 27, 2021
Total Views: 35243

port of montreal strike
Ports

Trudeau Tries To Force Montreal Dock Workers To End Strike

By Sandrine Rastello (Bloomberg) Canada is planning legislation to end a general strike at the Port of Montreal that’s bound to worsen congestion at other

April 27, 2021
Total Views: 2059

Monday, April 26, 2021
bulk-ship-loading-grain
Finance

Agriculture Prices Soar Alongside Bulkship Rates

The Baltic Dry Index and bulk ship rates are soaring along with related ETFs. One reason might be a surge in global wheat, corn, and soybean prices alongside

April 26, 2021
Total Views: 2542

copper smelter in Chile
Ports

Bulk Copper Prices Soar During Chile Port Strike

In Chile, a group of port workers this week began protests against the government’s pandemic relief policies, threatening near-term supplies and contributing

April 26, 2021
Total Views: 1381

china navy ships
Defense

China Commissions New Navy Warships

By Bloomberg News (Bloomberg) — China deployed its first advanced amphibious assault ship and two other new vessels in a commissioning ceremony attended

April 26, 2021
Total Views: 3835

Friday, April 23, 2021
indonesia missing submarine
Incidents

Missing Indonesian Submarine Was Old And Overloaded

By Ann Koh and Arys Aditya (Bloomberg) The Indonesian navy’s missing submarine may have been too old and overloaded when it embarked on a military exercise

April 23, 2021
Total Views: 25996