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, January 23, 2020
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

Monday, December 30, 2019
Strait of Hormuz tankers and a military helicopter
Shipping News

Iran Says It Seized Fuel Tanker Near Strait of Hormuz

By Yasna Haghdoost (Bloomberg) –Iran has detained a ship carrying smuggled fuel near the entrance to the Strait of Hormuz, state-run Islamic Republic

December 30, 2019
Total Views: 68

Ships at anchor off Singapore.
Piracy

Piracy Along Malacca-Singapore Straits Jumps Nearly Fourfold

By Ann Koh (Bloomberg) –Piracy has surged this year along Southeast Asia’s straits of Malacca and Singapore, one of the world’s busiest trade routes,

December 30, 2019
Total Views: 395

Saturday, December 28, 2019
ford high speed turn test
Shipping News

Navy Proposal Throws Wrench in Trump’s Pledge for a 355-Ship Fleet

By Tony Capaccio (Bloomberg) –The White House budget office is pressing the Navy to stick to a campaign pledge by Donald Trump to work toward fielding a

December 28, 2019
Total Views: 106

Thursday, December 26, 2019
offshore rig
Shipping News

First Oil Shipped from Guyana

By Natnicha Chuwiruch and Kevin Crowley (Bloomberg) –Exxon Mobil Corp. and its partners produced the first commercial crude from Guyana, setting the

December 26, 2019
Total Views: 83

ship emissions
Shipping News

Opinion: Fighting Shipping Pollution Is Bad For the Planet

By Julian Lee (Bloomberg Opinion) –The shipping industry is getting serious about cutting sulfur dioxide emissions. People who live along busy shipping

December 26, 2019
Total Views: 158

Tuesday, December 24, 2019
Ships at anchor off Singapore.
News

Singapore Strait: Five Pirate Attacks in Four Days

By Saket Sundria (Bloomberg) Pirates attacked five ships over four days in one of the world’s busiest shipping channels, including two separate attempts on

December 24, 2019
Total Views: 235

Thursday, December 19, 2019
ship emissions
Shipping News

A Major Shipping Change Is Coming, and So Are Higher Fuel Prices

By Firat Kayakiran, Jack Wittels and Rachel Graham (Bloomberg) –A defining moment in the history of the oil-refining and shipping industries is at hand.

December 19, 2019
Total Views: 70

Tuesday, December 17, 2019
containership ship bunkering
Shipping News

UAE Signals Leniency on IMO 2020 Enforcement

By Verity Ratcliffe (Bloomberg) –The world’s oil tanker owners can breathe a sigh of relief: a vital Middle East shipping hub is going to start

December 17, 2019
Total Views: 68

China's first domestically built aircraft carrier departs the port for its ninth sea trial in Dalian
Shipping News

China’s First Domestically Built Aircraft Carrier Enters Service

BEIJING, Dec 17 (Reuters) – China commissioned its first domestically built aircraft carrier into service on Tuesday at a key base on the shores of the

December 17, 2019
Total Views: 331