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
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 Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers
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
By Brendan Murray (Bloomberg) — U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking
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
By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing
By K. Oanh Ha (Bloomberg) — When Turkish police arrested shipping magnate Mübariz Mansimov Gurbano?lu at his Istanbul home one Sunday
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
By Thomas Gualtieri (Bloomberg) The world’s biggest wind turbine manufacturers have committed to eliminating their net emissions of greenhouse gases, but
By William Mathis (Bloomberg) — Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest
By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent
By Jonathan Levin and Christopher Palmeri (Bloomberg) — Canada is extending its ban on cruise ships through February 2022 because of Covid-19,
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
By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its
By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key
(Bloomberg) — China plans to allow some stranded Australian coal shipments to unload despite ongoing curbs on imports, a move aimed at showing goodwill
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
By Brendan Murray (Bloomberg) — Dockworkers at the busiest U.S. gateway for trade with Asia may soon have better access to coronavirus vaccines, as
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
By Eric Martin (Bloomberg) — The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export
By Brendan Murray, Ann Koh and Richard Weiss (Bloomberg) — Soaring freight rates and delivery delays have sparked a global backlash by companies
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