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.


Friday, October 23, 2020
shutterstock_403068616 tanker nigeria
Shipping News

Unrest in Nigeria Yet to Hit Vital Oil Industry

By Elisha Bala-Gbogbo (Bloomberg) — Escalating tensions sweeping through Nigeria haven’t yet disrupted crude flows from Africa’s biggest oil producer

October 23, 2020
Total Views: 58

Thursday, October 22, 2020
Tiny Turbines To Tap Tidal Power in New York’s East River
Shipping News

Tiny Turbines To Tap Tidal Power in New York’s East River

By Will Wade (Bloomberg) — New York’s East River is set to become the testing ground for a technology that generates electricity from the tides.

October 22, 2020
Total Views: 148

Wednesday, October 21, 2020
Lawsuit Claims Trump Admin Offshore Drilling Analysis Violates Endangered Species Act
Offshore

Lawsuit Claims Trump Admin Offshore Drilling Analysis Violates Endangered Species Act

By Christopher Yasiejko (Bloomberg) –The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species

October 21, 2020
Total Views: 138

bunkering operations
Shipping News

More Diesel in Bunker Fuel Raising Risk It Could Turn Into Sludge

By Elizabeth Low (Bloomberg) –The shipping sector is providing an outlet for surplus oil products such as diesel that have swelled due to a virus-driven

October 21, 2020
Total Views: 399

Tuesday, October 20, 2020
Mauritius Denies Bail to Wakashio’s Captain
Shipping News

Mauritius Denies Bail to Wakashio’s Captain

By Kamlesh Bhuckory (Bloomberg) — Mauritius rejected an application for bail made by Sunil Kumar Nandeshwar, the captain of the MV Wakashio that sunk off

October 20, 2020
Total Views: 455

Monday, October 19, 2020
offshore wind farm
Environment

Wind, Solar Are Cheapest Power Source In Most Places, BNEF Says

By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of

October 19, 2020
Total Views: 142

Sunday, October 18, 2020
Opinion: Law of the Sea Can’t Solve the Greco-Turkish Island Problem: Andreas Kluth
Shipping News

Opinion: Law of the Sea Can’t Solve the Greco-Turkish Island Problem: Andreas Kluth

By Andreas Kluth (Bloomberg Opinion) –Kastellorizo is one of those places that might become a cause for war even though most people couldn’t find it on

October 18, 2020
Total Views: 278

ship emissions
Shipping News

Shipping to Advance Global Deal to Cut Greenhouse Gas Pollution from Ships

By Jessica Shankleman and Ewa Krukowska (Bloomberg) –Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s

October 18, 2020
Total Views: 112

Friday, October 16, 2020
Philippines to Resume Oil Exploration in South China Sea
Offshore

Philippines to Resume Oil Exploration in South China Sea

By Claire Jiao and Cecilia Yap (Bloomberg) –The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a

October 16, 2020
Total Views: 143

Singapore’s Cruises to Nowhere to Set Sail in November
Cruise Ships

Singapore’s Cruises to Nowhere to Set Sail in November

By Kyunghee Park (Bloomberg) –Two cruise ships will start sailing from Singapore from next month into the open seas and back as the city-state aims to

October 16, 2020
Total Views: 86

VEGA_DREAM Bulker At Anchor
News

Philippines Probes Ship Virus Outbreaks To Avoid Ban On Mariners

By Claire Jiao (Bloomberg) The Philippines is investigating Covid-19 outbreaks on ships that changed crews in Manila in a bid to avoid a ban on Filipino

October 16, 2020
Total Views: 94

Thursday, October 15, 2020
MHI Vestas Offshore Wind Turbine
Environment

Skyscraper-Sized Offshore Wind Turbines Coming From MHI Vestas

By Ronan Martin and William Mathis (Bloomberg) –MHI Vestas Offshore Wind A/S is set to join the giants of the offshore-wind world by building a

October 15, 2020
Total Views: 339

shipping container
Shipping

Trade Imbalance Hits American Crop Exports With Lack of Containers

By Michael Hirtzer (Bloomberg) — With the U.S. importing more goods than it’s exporting, shipments of American cotton, grain and hay are getting

October 15, 2020
Total Views: 153

Wednesday, October 14, 2020
wind turbine
Environment

Stocks Surge For China’s Offshore Wind Turbine Manufacturers

(Bloomberg) Chinese wind power equipment makers advanced as the industry proposed an aggressive installation plan that would boost capacity 14-fold through

October 14, 2020
Total Views: 211

Navy Broken Fleet Zumwalt LCS
Defense

Meet The US Navy’s New ‘Affordable’ $1.2 Billion Ship

The successor to the $30b troubled littoral ship project was billed as affordable but the Congressional Budget Office projects $12.3 billion for just 10 new

October 14, 2020
Total Views: 3323

Tuesday, October 13, 2020
container loading onto ship
Shipping News

China’s Rebound Bolsters Its Global Trade Dominance

By Bloomberg News (Bloomberg) — China is cementing its status as the world’s dominant trading nation, confounding warnings that a once in a century

October 13, 2020
Total Views: 137

IMO greenhouse gas emissions
Shipping News

Opinion: Shipping Needs Tighter Limits on Greenhouse-Gas Emissions

By The Editors (Bloomberg Opinion) –Shipping emits a much greater share of greenhouse-gas emissions than you might think — more than a million tons

October 13, 2020
Total Views: 88

Monday, October 12, 2020
Shipping Giant CMA CGM Sells Bond to Refinance Debt
Shipping

Shipping Giant CMA CGM Sells Bond to Refinance Debt

By Irene García Pérez and Libby Cherry (Bloomberg) –French shipping giant CMA CGM SA has found a window of opportunity to refinance its debt due in

October 12, 2020
Total Views: 1483

Friday, October 9, 2020
Stock photo shows an oil tanker at a terminal
Shipping News

Trafigura Oil Head Makes Rare Call for Greener Shipping

By Andy Hoffman (Bloomberg) –The top oil executive at one of the world’s biggest commodity traders is calling for stricter regulations to force the

October 9, 2020
Total Views: 82

Thursday, October 8, 2020
bridge of a ship
Shipping News

Global Energy Giants Vow to Disclose GHG Emissions From Shipping

By Aaron Clark (Bloomberg) –Global energy and commodity titans including Royal Dutch Shell Plc, Trafigura Group Ltd. and Cargill Inc. plan to start

October 8, 2020
Total Views: 52