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.


Tuesday, March 2, 2021
Round-the-World Cruises Selling Out More Than a Year in Advance
Cruise Ships

Round-the-World Cruises Selling Out More Than a Year in Advance

By Fran Golden (Bloomberg) — After a year of isolation and lockdowns, four months on a ship is looking pretty good to cruise super fans. The Covid-19

March 2, 2021
Total Views: 4635

containers at port of los angeles
Ports

Global Cargo Traffic Jam Could Last to 2022

By Thomas Black (Bloomberg) — A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to

March 2, 2021
Total Views: 3432

Louisiana Offshore Oil Port
Ports

Louisiana Offshore Oil Port Loadings Crash to Zero From Record

By Sheela Tobben (Bloomberg) — Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage

March 2, 2021
Total Views: 4615

port of los angeles cma cgm
Ports

U.S. Imports at Full Speed Show Uneven Global Recovery Pace

By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting

March 2, 2021
Total Views: 1448

Monday, March 1, 2021
FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo
Shipping

U.S. Goods-Trade Deficit Widens in January as Imports Surge to a Record

By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery

March 1, 2021
Total Views: 1075

Middle East Tensions Rise as Israel Says Iran Attacked Ship
Shipping

Middle East Tensions Rise as Israel Says Iran Attacked Ship

By Amy Teibel, Verity Ratcliffe and Arsalan Shahla (Bloomberg) — Israel accused Iran of attacking one of its cargo ships in the Gulf of Oman last week,

March 1, 2021
Total Views: 2465

Friday, February 26, 2021
Katherine Tai nomination hearing
Shipping

Biden Trade Pick Says China Must Deliver on Phase-One Pact

By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the

February 26, 2021
Total Views: 2451

Containership docking Port of Long Beach
Ports

U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the

February 26, 2021
Total Views: 3399

Norway Sees Dramatic Drop in Interest for Arctic Oil Exploration
Offshore

Norway Sees Dramatic Drop in Interest for Arctic Oil Exploration

By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing

February 26, 2021
Total Views: 1562

Thursday, February 25, 2021
Offshore oil and gas platform
Offshore

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps

By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading

February 25, 2021
Total Views: 820

Wednesday, February 24, 2021
Oil Hits One-Year High With Market Eyeing Tight Global Supplies
Offshore

Oil Hits One-Year High With Market Eyeing Tight Global Supplies

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global

February 24, 2021
Total Views: 1251

shutterstock_403068616 tanker nigeria
Piracy

Nigeria to Commission Drones, Choppers and Aircraft to Police Pirate-Infested Waters

By William Clowes (Bloomberg) — Nigeria will commission $195 million worth of aircraft, boats and vehicles in the next three months to strengthen

February 24, 2021
Total Views: 2144

container ship underway at sea
Shipping

International Chamber of Shipping Says Tackling Trade Protectionism Can Lift Post-Covid GDP

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once

February 24, 2021
Total Views: 548

Monday, February 22, 2021
container terminal at port
Shipping

Shipping Snarls Force Global Trading to Look Outside the Box

By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers

February 22, 2021
Total Views: 2217

Friday, February 19, 2021
lng carrier
Ports

No LNG Carriers Loading at Texas Export Terminals

By Sergio Chapa and Michael Tobin (Bloomberg) — Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export

February 19, 2021
Total Views: 2573

Thursday, February 18, 2021
port of los angeles
Ports

U.S. Steps Up Heat on Container Carriers to Ease Port Congestion

By Brendan Murray (Bloomberg) — U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking

February 18, 2021
Total Views: 6949

Port of Los Angeles Will Divert Ships to Battle Covid Container Congestion
Ports

Port of Los Angeles Will Divert Ships to Battle Covid Container Congestion

By Robert Tuttle (Bloomberg) The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the

February 18, 2021
Total Views: 3945

Wednesday, February 17, 2021
A Rarity Among U.S. Ports, Seattle Still Has Room for More Ships
Ports

A Rarity Among U.S. Ports, Seattle Still Has Room for More Ships

By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing

February 17, 2021
Total Views: 2876

Tycoon’s Downfall Pushes Trapped Seafarers to Hunger Strike
Shipping

Tycoon’s Downfall Pushes Trapped Seafarers to Hunger Strike

By K. Oanh Ha (Bloomberg) — When Turkish police arrested shipping magnate Mübariz Mansimov Gurbano?lu at his Istanbul home one Sunday

February 17, 2021
Total Views: 8030

Monday, February 15, 2021
Oil Rallies Past $60 as Winter Blast Hits Texas
Offshore

Oil Rallies Past $60 as Winter Blast Hits Texas

By Sharon Cho and Alex Longley (Bloomberg) — Oil rallied to a 13-month high as freezing weather in Texas disrupted flows from America’s largest shale

February 15, 2021
Total Views: 1454