Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Thursday, June 6, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

American Oil Keeps Flowing to China Despite Mounting Trade War

By Sheela Tobben (Bloomberg) — Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six

June 6, 2019
Total Views: 29

bow
Shipping News

Private Equity Firm Hahn Reportedly Mulling $4 Billion Sale of South Korea’s H-Line Shipping

By Manuel Baigorri and Cathy Chan (Bloomberg) — Hahn & Co. is considering options for H-Line Shipping Co. including a partial or full sale of the

June 6, 2019
Total Views: 1324

Wednesday, June 5, 2019
offshore wind farm
Shipping News

Connecticut Set to Join in $70 Billion Offshore Wind Expansion

By Christopher Martin (Bloomberg) — Connecticut is set to massively increase investment in offshore wind after the state Senate passed a bill to require

June 5, 2019
Total Views: 82

Tuesday, June 4, 2019
lng ship
Shipping News

Fortress Billionaire Wes Edens Bets on U.S. Gas Exports

By Naureen S. Malik (Bloomberg) — Wes Edens is an unlikely evangelist for the benefits of U.S. natural gas exports — or “freedom

June 4, 2019
Total Views: 133

Monday, June 3, 2019
U.S. Coast Guard Sees Ships Switching to Cleaner Fuel in October
Shipping News

U.S. Coast Guard Sees Ships Switching to Cleaner Fuel in October

By Stephen Cunningham (Bloomberg) — The U.S. Coast Guard expects ships to start switching over to cleaner burning fuels as soon as the fourth quarter to

June 3, 2019
Total Views: 34

Wednesday, May 29, 2019
north sea oil rig
Shipping News

Shell Plans South Africa Oil Expansion With Second Deal

By Paul Burkhardt (Bloomberg) — Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively

May 29, 2019
Total Views: 81

Tuesday, May 28, 2019
tanker underway
Shipping News

U.S. Warns Hong Kong to Avoid Tanker in Breach of Iran Sanctions

By Karen Leigh and Shelly Banjo (Bloomberg) — The U.S. warned Hong Kong that it could face penalties if it does business with an oil tanker

May 28, 2019
Total Views: 70

A Russian nuclear-powered icebreaker escorts ships on the Northern Sea Route, July 14 2016
Shipping News

Putin’s Arctic Plans Are a Climate Change Bet -Opinion

By Leonid Bershidsky (Bloomberg Opinion) — Last weekend, Russia launched the last of a new crew of atomic icebreakers meant to consolidate the

May 28, 2019
Total Views: 47

seadrill drillship
Shipping News

Seadrill’s Plunge Deepens After Analysts Slash Target

By Mikael Holter (Bloomberg) — Seadrill Ltd. plunged to the lowest since it emerged from bankruptcy less than year ago after Carnegie Investment Bank AB

May 28, 2019
Total Views: 37

Friday, May 24, 2019
Handout photo of the Peoria Lock and Dam is shown surrounded by flood waters of the Mississippi River in Peoria, Illinois
Shipping News

Unrelenting Midwest Rains Add to Wettest 12 Months Ever for U.S.

By Brian K. Sullivan (Bloomberg) — The rain across the Midwest and Great Plains that’s closed refineries, flooded streets and snarled Mississippi River

May 24, 2019
Total Views: 53

crude oil tankers
Shipping News

2020 Fuel Clampdown Risks Nosedive for Middle East Crude

By Serene Cheong and Sharon Cho (Bloomberg) — The global push for cleaner-burning ship fuel is threatening to drive the value of Middle East

May 24, 2019
Total Views: 46

Orange Marine's Rene Descartes cable laying ship
Shipping News

Orange’s Sea Cable Repair Fleet Looks Beyond Investment Boom

By Angelina Rascouet (Bloomberg) — For decades, ships owned by French phone carrier Orange SA have traveled the world’s oceans, installing and fixing

May 24, 2019
Total Views: 178

Thursday, May 23, 2019
offshore wind farm under construction. DJ Mattaar / Shutterstock
Shipping News

New York’s Prized Scallops Face Off Against Offshore Wind

By Christopher Martin and Jennifer A. Dlouhy (Bloomberg) — Developers pushing to install massive wind turbines in the waters off New York and

May 23, 2019
Total Views: 56

morganza floodway opening for the first time in May 2011
Shipping News

Mississippi River’s Morganza Floodway May Be Opened for Third Time in History

By Brian K. Sullivan (Bloomberg) — A major barrier that keeps the Mississippi River in its current path may be opened for just the third time

May 23, 2019
Total Views: 75

Tuesday, May 21, 2019
p&o ferry spirit of france
Shipping News

P&O Sues U.K. Over No-Deal Brexit Settlement With Eurotunnel

By Jonathan Browning (Bloomberg) — P&O Ferries Ltd. sued the British government over its handling of no-deal Brexit preparations, saying that a 33

May 21, 2019
Total Views: 17

ship emissions
Shipping

Super Sniffer Drones and Jail: Regulators Get Tough on Shipping

By Jack Wittels and Ann Koh (Bloomberg) — Teams of drones are about to start policing the skies of some of the world’s busiest shipping ports. Their

May 21, 2019
Total Views: 98

strait of hormuz
Shipping News

Persian Gulf Now Most Risky for Oil Tankers Since Last Iraq War

By Alex Longley (Bloomberg) — Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers.

May 21, 2019
Total Views: 59

Friday, May 17, 2019
lng carrier
Shipping News

Small Shift in LNG Market May Bring Big Boost for Shipowners

By Anna Shiryaevskaya (Bloomberg) — With so much cheap liquefied natural gas around, traders are again looking at tankers to store the fuel in the hope

May 17, 2019
Total Views: 42

Thursday, May 16, 2019
oil tanker
Shipping News

Oil Traders Begin Slow Work of Cleaning Tainted Russian Cargoes

By Sherry Su and Serene Cheong (Bloomberg) — Oil traders are starting the slow process of cleaning up cargoes of Russian crude that were loaded onto

May 16, 2019
Total Views: 24

Wednesday, May 15, 2019
tankers at anchor
Shipping News

Russia Dirty Oil Crisis Drags On as Port Loads Tainted Cargo

By Sherry Su and Javier Blas (Bloomberg) — Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the

May 15, 2019
Total Views: 34