Bloomberg

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


Wednesday, April 3, 2019
dry bulk ship, bulker
Shipping News

Iron Ore Thunders Higher as Mine Dams Closed, Exports Collapse

By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the

April 3, 2019
Total Views: 73

singapore
Interesting

Singapore Will Seek Prison for Captains and Owners Breaking 2020 Low Sulphur Fuel Rules

By Saket Sundria and Ann Koh (Bloomberg) — Singapore has a message for shipping companies considering cheating on rules starting next year to combat

April 3, 2019
Total Views: 210

Tuesday, April 2, 2019
hurricane from space
Shipping News

Wall Street Embraces Weather Risk in New Era of Storms, Drought

By Brian K. Sullivan, Alexandra Semenova and Eric Roston (Bloomberg) — Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous

April 2, 2019
Total Views: 67

Monday, April 1, 2019
jan de nul parana river dredging
Shipping News

Jan de Nul Finds Lucrative Side Business Selling Dredged Sand for Argentina’s Shale Push

By Jonathan Gilbert (Bloomberg) — Sand shoveled out of an Argentina river used to transport soybeans will soon reappear 1,100 kilometers (700 miles) away

April 1, 2019
Total Views: 129

scarabeo 9
Offshore

Saipem Said to Be in Talks to Sell Drilling Business

By Kelly Gilblom, Dinesh Nair and Chiara Albanese (Bloomberg) — Italian oil field services firm Saipem SpA is in discussions to sell both its offshore

April 1, 2019
Total Views: 143

Friday, March 29, 2019
semisubmersible drilling rig at sea
Offshore

Deep-Water Oil Explorers Push Ahead in Mexico

By Amy Stillman (Bloomberg) — International oil companies including Malaysia’s Petronas, U.S. independent Murphy Oil Corp. and Spain’s Repsol SA are

March 29, 2019
Total Views: 48

Thursday, March 28, 2019
migrants hijack tanker
Piracy

Hijacking of Oil Tanker Is a Turning Point in the Migrant Crisis

By Caroline Alexander (Bloomberg) — Italian Deputy Prime Minister Matteo Salvini called them “pirates.” But the women and children who

March 28, 2019
Total Views: 67

NYC ferry
Shipping News

New York City Ferry System Needs More Subsidy Than Subways, Buses

By Henry Goldman (Bloomberg) — New York Mayor Bill de Blasio’s system of ferry boats linking Manhattan with transit-poor sections of Brooklyn, Queens

March 28, 2019
Total Views: 76

Wednesday, March 27, 2019
offshore rigs Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K.
Offshore

Offshore Drilling Makes Comeback After Years in Shale’s Shadow

By David Wethe and Rachel Adams-Heard (Bloomberg) — Offshore is ready for the limelight again. After years in the shadow of the U.S. shale patch,

March 27, 2019
Total Views: 101

Houston Ship Channel
Shipping News

Houston Ship Channel’s Importance Swelled as Oil, Gas Exports Rose

By Ben Foldy (Bloomberg) — On a normal day, 42 tankers, 19 freighters, 391 barges, 128 ferries and 2 cruise ships will move through the Houston

March 27, 2019
Total Views: 93

Tuesday, March 26, 2019
tanker loading
Shipping News

From Texas to the World: Flood of U.S. Oil Exports Is Coming

By Javier Blas (Bloomberg) –Oil trader Paul Vega is at the vanguard of shale’s next revolution. Driving his pick-up truck through the heartland of the

March 26, 2019
Total Views: 57

Monday, March 25, 2019
houston ship channel petrochemical fire
Shipping News

Shipping Resumes on Houston Ship Channel Fouled by Chemical Spill

By Joe Carroll, Ben Foldy and Kevin Crowley (Bloomberg) — The U.S. Gulf Coast’s most important industrial waterway partially reopened on

March 25, 2019
Total Views: 44

damen yacht support vessel
Shipbuilding

The Super Rich Are Buying $50 Million ‘Support’ Yachts to Haul Their Toys

By Devon Pendleton (Bloomberg) — Sailing from port to port in peace and seclusion on a multimillion-dollar boat sounds appealing, but as any

March 25, 2019
Total Views: 3824

Friday, March 22, 2019
Donald-Trump-Aboard-Navy-Ship-USS Gerald Ford
Shipping News

With Early Retiring of USS Harry Truman, Navy Seeking to Shrink Its Aircraft Carrier Fleet

By Justin Bachman and Dave Merrill (Bloomberg) — Visiting the USS Gerald R. Ford two years ago, U.S. President Donald Trump extolled the importance of an

March 22, 2019
Total Views: 299

maersk ship
Shipping News

Maersk Tests Biofuel as It Sets Sail for 2050 Carbon Neutrality

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut

March 22, 2019
Total Views: 89

drillship
Offshore

Trump Has a Plan to Preserve Benefits for Oil Drillers in Future

By Jennifer A. Dlouhy (Bloomberg) — A top Interior Department official told oil industry leaders the Trump administration is seeking to sign contracts

March 22, 2019
Total Views: 22

Thursday, March 21, 2019
vlcc tanker
Shipping News

Opinion: Energy Has a Whole Other Climate Change to Fear

By Liam Denning (Bloomberg Opinion) — One pocket-sized symbol of globalization is the iPhone; that California-by-way-of-China apotheosis of

March 21, 2019
Total Views: 34

cosco shipping at port of long beach
Ports

Yilport Is Said in Talks for $2 Billion California Terminal Deal

By Gillian Tan, Vinicy Chan and Ercan Ersoy (Bloomberg) — Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach,

March 21, 2019
Total Views: 92

Wednesday, March 20, 2019
As U.S. Oil Grows, So Does Its Influence on Global Prices
Shipping News

As U.S. Oil Grows, So Does Its Influence on Global Prices

By Alex Longley and Sheela Tobben (Bloomberg) — For a glimpse into what the global oil price might look like one day, a good place to look is

March 20, 2019
Total Views: 18

Tuesday, March 19, 2019
container loading onto ship
Shipping News

U.S. Negotiators Said to See China Push Back on Trade Vows

By Jenny Leonard, Saleha Mohsin and Jennifer Jacobs (Bloomberg) — Some U.S. negotiators are concerned that China is pushing back against American demands

March 19, 2019
Total Views: 22