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, December 1, 2020
EU Leaders Plan Appeal to Biden to Rebuild Transatlantic Ties
Shipping

EU Leaders Plan Appeal to Biden to Rebuild Transatlantic Ties

By Jonathan Stearns (Bloomberg) — The European Union plans a sweeping proposal for transatlantic cooperation to U.S. President-elect Joe Biden in a bid

December 1, 2020
Total Views: 1228

cargo ship
Environment

HSFO Demand Jumps as More Ships Install Scrubbers

By Ann Koh and Elizabeth Low (Bloomberg) — An increase in vessels being fitted with pollution-reducing kits and unusually strong demand for container

December 1, 2020
Total Views: 2604

tanker underway at sea from the bridge
Shipping

Oil-Hungry Asia Lures Armada of Tankers Carrying U.S. Crude

By Serene Cheong and Sheela Tobben (Bloomberg) — An armada of around 20 tankers laden with U.S. oil will be heading to Asia this month as the region

December 1, 2020
Total Views: 3316

Germany Says Nord Stream 2 Picked a Ship to Finish Pipeline
Offshore

Germany Says Nord Stream 2 Picked a Ship to Finish Pipeline

By Vanessa Dezem and Dina Khrennikova (Bloomberg) — Nord Stream 2 has picked a ship to finish laying sections of its pipeline under the Baltic Sea, a

December 1, 2020
Total Views: 4096

Monday, November 30, 2020
offshore support vessels
Offshore

ADNOC in Talks to Buy Offshore Oil Services Firm Zakher Marine

By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the

November 30, 2020
Total Views: 4569

U.S. Blacklists China’s CNOOC After Years of South China Sea Tension -Report
Offshore

U.S. Blacklists China’s CNOOC After Years of South China Sea Tension -Report

By Bloomberg News (Bloomberg) — China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from its Hong Kong-listed

November 30, 2020
Total Views: 2504

Friday, November 27, 2020
World’s Biggest Wind Farm to Be Built Offshore U.K.
Environment

World’s Biggest Wind Farm to Be Built Offshore U.K.

By Lars Paulsson (Bloomberg) — The world’s biggest offshore wind park is a step closer to construction. The British utility SSE Plc and Norwegian

November 27, 2020
Total Views: 3605

ship emissions
Environment

Shipping Industry and Asian Nations Object to EU Pollution Plan

By Ewa Krukowska (Bloomberg) — Plans to extend the world’s biggest carbon market into shipping drew criticism from the industry and Asian nations,

November 27, 2020
Total Views: 3191

Wednesday, November 25, 2020
offshore wind farm
Environment

Tokyo Gas to Develop One of Japan’s Largest Offshore Wind Farms

By Aya Takada (Bloomberg) — Tokyo Gas Co. plans to develop one of Japan’s largest offshore wind projects as the nation looks to a major expansion of

November 25, 2020
Total Views: 1287

Tuesday, November 24, 2020
shipping container port
Ports

Container Crunch Means It Pays More to Sail Empty to Asia

By Ann Koh (Bloomberg) — Shipping carriers seeking to capitalize on the most lucrative trade routes are returning empty cargo containers to Asia,

November 24, 2020
Total Views: 4689

China Blacklist Strands More Than 50 Ships With Australian Coal
Shipping

China Blacklist Strands More Than 50 Ships With Australian Coal

By Aaron Clark and Kevin Varley (Bloomberg) — More than $500 million worth of Australian coal is on ships anchored off Chinese ports, as a diplomatic

November 24, 2020
Total Views: 4916

Sunday, November 22, 2020
Boatloads of Cargo Off Los Angeles Grind Gears of World Economy
Ports

Boatloads of Cargo Off Los Angeles Grind Gears of World Economy

By Brendan Murray (Bloomberg) — A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth

November 22, 2020
Total Views: 7420

Friday, November 20, 2020
port vancouver
Shipping

Canadian Pea and Lentil Exports Hit by Container Shortage

By Marcy Nicholson (Bloomberg) — A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple

November 20, 2020
Total Views: 2640

Wednesday, November 18, 2020
offshore wind
Offshore

Europe Seeks $940 Billion Boost for Giant Offshore Wind Farms

By Ewa Krukowska (Bloomberg) — The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the

November 18, 2020
Total Views: 1755

Soeren Skou, CEO Maersk
Shipping

Maersk CEO Expects Biden Presidency to Smooth Trade Relations

By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest container shipping company says trade relations between

November 18, 2020
Total Views: 1455

cargo ship emissions
Environment

IMO Plan to Curb Shipping’s Carbon Emissions Triggers Criticism

By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules

November 18, 2020
Total Views: 1658

Maersk ship
Shipping

Maersk Starts $1.6 Billion Share Buyback After Guidance Raised

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping

November 18, 2020
Total Views: 1504

Tuesday, November 17, 2020
maersk ship
Shipping

Maersk Raises Guidance Ahead of Earnings Release

By Alastair Reed (Bloomberg) –A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping

November 17, 2020
Total Views: 1845

offshore wind farm
Environment

Boris Johnson Seeks Boost for Northern England With Green Jobs Plan

By Tim Ross (Bloomberg) –Boris Johnson will seek to make good on his promise to boost the economies of neglected regions of the U.K. with investment in

November 17, 2020
Total Views: 723

Monday, November 16, 2020
container shipping
Shipping

Surprise Cargo Surge Could Surpass Last Year’s Holiday Period

By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building

November 16, 2020
Total Views: 458