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.


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

Thursday, February 11, 2021
offshore wind turbine
Environment

Making Offshore Wind Turbines Greener Could Skyrocket Costs

By Thomas Gualtieri (Bloomberg) The world’s biggest wind turbine manufacturers have committed to eliminating their net emissions of greenhouse gases, but

February 11, 2021
Total Views: 4101

Wednesday, February 10, 2021
Vestas Unveils New 15MW Offshore Wind Turbine as Tall as the Golden Gate Bridge
Offshore

Vestas Unveils New 15MW Offshore Wind Turbine as Tall as the Golden Gate Bridge

By William Mathis (Bloomberg) — Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest

February 10, 2021
Total Views: 7871

Eleonora Maersk Los Angeles Record
Shipping

Maersk Sees Global Shipping Turmoil Calming by Mid-Year

By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent

February 10, 2021
Total Views: 1762

Radiance at Hubbard Glacier - Alaska
Cruise Ships

Canada Bans Cruises Until 2022, Blocking Alaska Trips

By Jonathan Levin and Christopher Palmeri (Bloomberg) — Canada is extending its ban on cruise ships through February 2022 because of Covid-19,

February 10, 2021
Total Views: 5861

Tuesday, February 9, 2021
John S. McCain sails with Nimitz, Theodore Roosevelt Carrier Strike Group. U.S. Navy Photo
Defense

U.S. Aircraft Carriers Conduct Exercise in South China Sea

By Kari Lindberg (Bloomberg) — Two U.S. carriers conducted a military exercise in the South China Sea, signaling that U.S. President Joseph Biden and

February 9, 2021
Total Views: 3574

HMM containership in port
Shipping

HMM Returns to Black for First Time in Five Years

By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its

February 9, 2021
Total Views: 1826

Containership docking Port of Long Beach
Shipping

U.S. Federal Maritime Commission Urges Freight ‘Silos’ to Unite in Crisis

By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key

February 9, 2021
Total Views: 2568

Monday, February 8, 2021
hastings bulk carrier coal ships shipping iron ore newcastle.REUTERS/David Gray
Shipping

China Set to Unload Some Stranded Australian Coal Amid Ban

(Bloomberg) — China plans to allow some stranded Australian coal shipments to unload despite ongoing curbs on imports, a move aimed at showing goodwill

February 8, 2021
Total Views: 3991

A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Big Oil Steps Up to Take Over Next Generation of U.K. Offshore Wind

By William Mathis and Laura Hurst (Bloomberg) — Oil majors agreed to pay a hefty premium to develop the next generation of major British offshore wind

February 8, 2021
Total Views: 1164

Saturday, February 6, 2021
Dockworkers at Nation’s Busiest Port Complex May Get Better Vaccine Access
Ports

Dockworkers at Nation’s Busiest Port Complex May Get Better Vaccine Access

By Brendan Murray (Bloomberg) — Dockworkers at the busiest U.S. gateway for trade with Asia may soon have better access to coronavirus vaccines, as

February 6, 2021
Total Views: 2463

Friday, February 5, 2021
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool
Offshore

South Korea Unveils $43 Billion Plan to Build the World’s Largest Offshore Wind Farm

By Hyonhee Shin SEOUL, Feb 5 (Reuters) – South Korea unveiled a 48.5 trillion won ($43.2 billion) plan to build the world’s largest wind power

February 5, 2021
Total Views: 3174

Containership docking Port of Long Beach
Ports

U.S. Annual Trade Gap Grows to Biggest Since Financial Crisis

By Eric Martin (Bloomberg) — The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export

February 5, 2021
Total Views: 1107

Thursday, February 4, 2021
Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping
Shipping

Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

By Brendan Murray, Ann Koh and Richard Weiss (Bloomberg) — Soaring freight rates and delivery delays have sparked a global backlash by companies

February 4, 2021
Total Views: 2611