The Suez Canal Blockage Is Over. Time to Add Up the Damages
By Aaron Clark, Cindy Wang, Ann Koh and Verity Ratcliffe (Bloomberg) — The Suez Canal may be open again, but the battle over damages from the
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.
By Aaron Clark, Cindy Wang, Ann Koh and Verity Ratcliffe (Bloomberg) — The Suez Canal may be open again, but the battle over damages from the
By Jennifer A. Dlouhy and Josh Saul (Bloomberg) — The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S.
By Stephen Stapczynski (Bloomberg) As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his
By Jack Wittels and Ann Koh (Bloomberg) — The giant container ship blocking the Suez Canal has been at least partially refloated, the first step
By Brendan Murray and Bryce Baschuk (Bloomberg) – Six thousand miles from the Suez Canal in the U.S. Midwest, the chief executive of a multinational
By Salma El Wardany, Mirette Magdy and Jack Wittels (Bloomberg) — Tugs working to refloat the Ever Given managed to shift the stricken container ship 29
By K Oanh Ha, Javier Blas, Salma El Wardany and Mirette Magdy (Bloomberg) — The forecast for Tuesday, March 23, showed wind gusts of more than 40
By Fred Pals , Lucia Kassai , and Alex Longley (Bloomberg) Smit, the salvage company battling to dislodge the ship that’s blocking the Suez Canal said a
By Michael Hirtzer (Bloomberg) – Of all the millions of tons of cargo that’s piled up in the Suez Canal, none is more delicate than the animals
By Salma El Wardany and Mirette Magdy (Bloomberg) — The blockage of the Suez Canal is wreaking havoc on global seaborne trade, raising the prospects
How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping
By Alex Longley and Christian Wienberg (Bloomberg) — A massive container ship blocking the Suez Canal showed no signs of budging for a third day,
*Despite having three days to arrange travel, the salvage team is just starting to arrive in Egypt. *”The best chance for returning shipping to normal
By Aaron Clark (Bloomberg) –A back-of-the-envelope calculation shows there’s about $9.6 billion worth of daily marine traffic halted by the massive
By Sharon Cho (Bloomberg) Oil retreated as traders monitored efforts to dislodge a massive ship blocking the Suez Canal, after two wild days that saw prices
By Ann Koh and Alex Longley (Bloomberg) When you can’t shift a ship that’s stuck fast into the wall of a canal that’s vital to world trade, there’s
By Salma El Wardany, Mirette Magdy and Jack Wittels (Bloomberg) — Tugs and diggers have so far failed to dislodge a massive container ship stuck in the
By Serene Cheong, Annie Lee and Sharon Cho (Bloomberg) — The blockage of the Suez Canal by a giant container vessel is likely to send ripples of
By Christian Wienberg (Bloomberg) — The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, says it’s proving difficult to get enough women to
By Marcy Nicholson and Sandrine Rastello (Bloomberg) — The biggest port in Eastern Canada may be seeing disrupted shipments if dockworkers and their
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