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.


Thursday, February 6, 2020
U.S. Navy Swaps Sub for Destroyer in 2021 Budget Request Shift
News

U.S. Navy Swaps Sub for Destroyer in 2021 Budget Request Shift

By Tony Capaccio (Bloomberg) — The Pentagon is bolstering the number of warships the Navy will seek in its fiscal 2021 budget request after the White

February 6, 2020
Total Views: 309

dry bulk ship, bulker
News

Commodity Shipping Faces ‘Crisis in Demand’ on Virus Outbreak

By Krystal Chia and Haidi Lun (Bloomberg) — The global commodity-shipping industry faces an extremely challenging quarter as the impact of the

February 6, 2020
Total Views: 62

Wednesday, February 5, 2020
Coronavirus Fears Hit U.S. Gas Exporters
Shipping News

Coronavirus Fears Hit U.S. Gas Exporters

(Bloomberg) — A grim situation for U.S. natural gas exporters has gotten even worse as the coronavirus outbreak sends global prices plunging on concern

February 5, 2020
Total Views: 81

Tuesday, February 4, 2020
shutterstock_1081936637 containership
Shipping News

Virus Fears Prompt Shipping Restraints on Vessels From China

By Aaron Clark (Bloomberg) — Vessels and trains coming from China are in focus as nations take steps to halt the spread of a deadly coronavirus that

February 4, 2020
Total Views: 63

Friday, January 31, 2020
dry bulk vessel
Shipping News

Coronavirus Hammers Bulk Shipping

(Bloomberg) — The coronavirus crisis in China has hammered many markets this month. None may have felt a bigger impact than freight.

January 31, 2020
Total Views: 109

Tuesday, January 28, 2020
New Study Casts Shadow on LNG Fuel’s Climate Footprint
Shipping News

New Study Casts Shadow on LNG Fuel’s Climate Footprint

By Jack Wittels and Akshat Rathi – (Bloomberg) –One of the shipping industry’s great hopes for improving its environmental performance —

January 28, 2020
Total Views: 82

A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Offshore Wind Megaprojects to Get EU Support in Push for Green Power

By Reed Landberg and Ewa Krukowska – (Bloomberg) –Developers for some of the world’s biggest wind farms are poised to get a boost from the

January 28, 2020
Total Views: 65

Friday, January 24, 2020
MAN Energy Solutions MAN 20V35/44G
Engineering News

VW Struggles With Sale of MAN Energy Solutions

By Aaron Kirchfeld (Bloomberg) Volkswagen AG is disappointed with the offers so far for its MAN Energy Solutions division, which makes diesel engines for ships

January 24, 2020
Total Views: 911

Thursday, January 23, 2020
lng carrier
Shipping News

Gas Export’s Dirty Secret: A Carbon Footprint Rivaling Coal’s

By Catherine Traywick, Stephen Cunningham, Naureen Malik and Dave Merrill (Bloomberg) –In May, while President Donald Trump toured a new $10 billion

January 23, 2020
Total Views: 133

The Next Big Thing in Luxury Cruising is Small Ships
Shipping News

The Next Big Thing in Luxury Cruising is Small Ships

By Fran Golden (Bloomberg) –One of the biggest trends in high-end cruising is extremely small. It’s the opposite, in some ways, of everything you’d

January 23, 2020
Total Views: 1012

Wednesday, January 22, 2020
Mumbai Maersk Containership
Shipping News

Maersk Raises Bunker Surcharge as Fuel Costs Spiral

By Firat Kayakiran and Jack Wittels (Bloomberg) –The world’s largest container shipping line is hiking up a fuel surcharge that it imposes to transport

January 22, 2020
Total Views: 288

container shipping
Shipping News

Container Lines Raising Rates to Offload Clean Fuel Cost

By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto

January 22, 2020
Total Views: 52

Floating Wind Farm Developer Seeks New Funding for Bigger Scale
Shipping News

Floating Wind Farm Developer Seeks New Funding for Bigger Scale

By William Mathis (Bloomberg) –One of the most advanced developers of the growing floating wind farm business, Principle Power Inc., is seeking to raise

January 22, 2020
Total Views: 546

Tuesday, January 21, 2020
Oil tanker British Heritage sails in the Bosphorus, on its way to the Black Sea, in Istanbul
Shipping News

Canal Istanbul: Choppy Waters For Turkey’s Latest Megaproject

By Sinan Ulgen (Bloomberg Opinion) –Could a new infrastructure project shape the future of Turkish politics? That is one of the questions surrounding

January 21, 2020
Total Views: 331

Tuesday, January 14, 2020
ship anchorage
Shipping News

Shipping’s Big Bang Sends Two Global Industries Spinning

By Jack Wittels (Bloomberg) –Two weeks ago, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners —

January 14, 2020
Total Views: 74

Wednesday, January 8, 2020
ship navigation bridge
Shipping News

Oil Shippers Raise Offers for Middle East Route on Gulf Risk

By Serene Cheong, Sharon Cho and Ann Koh (Bloomberg) –Owners of oil tankers are boosting their rates to haul crude on a key route from the Middle East as

January 8, 2020
Total Views: 51

Tuesday, January 7, 2020
johan castberg discovery
Shipping News

Oil Giant Reveals Survival Tactics in Age of Climate Anxiety

By Mikael Holter (Bloomberg) –The largest oil company in western Europe’s biggest petroleum exporter wants to drastically cut its carbon footprint.

January 7, 2020
Total Views: 27

Monday, January 6, 2020
WindFloat Atlantic
Offshore

Floating Wind Farm Starts Generating Power Off Portugal

By William Mathi (Bloomberg) –A wind turbine floating off the coast in northern Portugal began transmitting electricity to the grid, a crucial step for a

January 6, 2020
Total Views: 71

Friday, January 3, 2020
Oil Tanker Bridge
Shipping News

Risk to Shipping Set to Rise in Middle East with U.S. Attack on Top Iranian Commander

By Brian Wingfield and Firat Kayakiran (Bloomberg) –The risk to shipping in the Persian Gulf region is set to rise following a U.S. airstrike in Iraq

January 3, 2020
Total Views: 56

Tuesday, December 31, 2019
happy lady tanker
Piracy

Pirates Kidnap Eight from Greek Tanker Off Cameroon

By Sotiris Nikas (Bloomberg) –Five Greeks, two Filipinos and a Ukrainian were abducted by unidentified assailants from the Greek-flagged tanker ‘Happy

December 31, 2019
Total Views: 130