Warning of Loss, Carnival Moves to Shore Up Liquidity
By Jonathan Levin (Bloomberg) — Carnival Corp., the largest player in a cruise industry reeling from the effects of the coronavirus, said it expects a
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 Jonathan Levin (Bloomberg) — Carnival Corp., the largest player in a cruise industry reeling from the effects of the coronavirus, said it expects a
By Jonathan Levin (Bloomberg) — President Donald Trump said the country’s biggest cruise lines will suspend operations for a month at his request,
By Alex Longley, Jack Wittels and Firat Kayakiran (Bloomberg) — Saudi Arabia is snapping up more and more oil tankers as the kingdom prepares to flood
By Alex Longley (Bloomberg) — Oil is headed for its largest weekly collapse since 2008 as a bitter price war erupted between Saudi Arabia and Russia,
By Jennifer A. Dlouhy (Bloomberg) — U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump
By Enda Curran and Michelle Jamrisko (Bloomberg) — A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services
By Stephen Treloar and Mikael Holter (Bloomberg) — Equinor ASA reported the first case of coronavirus among employees on oil and gas installations
By Michael Sasso (Bloomberg) — Accustomed to running at full speed this time of year, George Powers has watched as a shipping slowdown tied to the
By Brendan Murray (Bloomberg) — Longshoremen hold a revered place in economic and political history — from the docks of London and South Africa to
By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the
By Patrick Clark and Olivia Carville (Bloomberg) — Scott Rechler was negotiating a deal to build Airbnb rentals in a Manhattan office tower when the
By James Thornhill (Bloomberg) — Oil clawed back some of its biggest drop in a generation as a battle for market share between Saudi Arabia and Russia
By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders
By Mathew Carr (Bloomberg) — A group of U.K. North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions
By Ben Holland (Bloomberg) – The coronavirus epidemic and the attempt by governments to contain it may slash about $320 billion off global trade each
By Jack Wittels (Bloomberg) — A tweak to new environmental rules for the shipping industry is just days from taking effect, closing off a loophole for
By Admiral James Stavridis, USN, retired (Bloomberg) The first time I sailed into Manila Bay, I was a young ensign on a Navy destroyer. It was in the late
By Ann Koh and Alex Longley (Bloomberg) — Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China
Update: Mexico Lets Cruise Ship Dock as Crew Member Found to Have Flu, Not Coronavirus By Jonathan Levin (Bloomberg) — A ship operated by MSC Cruises is
By William Mathis (Bloomberg) — French energy company Total SA is hiring in the U.K. and Denmark to prepare to compete for government contracts for
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