Bloomberg

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


Friday, September 14, 2018
cargo
Shipping News

Trump Said to Want $200 Billion in China Tariffs Despite Talks

By Jennifer Jacobs, Saleha Mohsin and Jenny Leonard (Bloomberg) — President Donald Trump instructed aides on Thursday to proceed with tariffs on about

September 14, 2018
Total Views: 11

Thursday, September 13, 2018
offshore wind farm
Shipping News

New Jersey Edges Toward Offshore Wind

By Brian Eckhouse and Romy Varghese (Bloomberg) — New Jersey is taking a step closer to erecting wind turbines off the coast of some of its most storied

September 13, 2018
Total Views: 31

Wednesday, September 12, 2018
jack-up rig
News

Borr Drilling Boss Warns Investors: Offshore Drilling Industry Will Break Your Heart

By Mikael Holter (Bloomberg) — Tor Olav Troim, who took advantage of a brutal downturn to build Borr Drilling Ltd. from scratch into a $2.3 billion

September 12, 2018
Total Views: 60

Europe’s Biggest Port Says Companies Aren’t Doing Enough for Brexit
Shipping News

Europe’s Biggest Port Says Companies Aren’t Doing Enough for Brexit

By Ellen Proper (Bloomberg) — The Port of Rotterdam, Europe’s biggest shipping port, warned companies on both sides of the Channel that they aren’t

September 12, 2018
Total Views: 25

dry bulk ship, bulker
Shipping News

Dry Bulk Shipping Rates Plunge as Owners Fret About Trade War Impact

By Alex Longley (Bloomberg) — When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk

September 12, 2018
Total Views: 128

Tuesday, September 11, 2018
Hurricane Florence pictured September 11, 2018
Shipping News

Florence Destruction May Be Worse Because of Climate Change

By Jim Efstathiou Jr. and Eric Roston (Bloomberg) — As Hurricane Florence barrels toward North Carolina, it’s being strengthened and guided by a

September 11, 2018
Total Views: 33

ship emissions
Shipping News

Shipping Fears Engine Failures as Industry Switches to Low Sulphur Fuel

By Ellen Milligan (Bloomberg) — Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace

September 11, 2018
Total Views: 176

oil tanker
Shipping News

Iran Returns to Floating Storage for Its Oil as Buyers Retreat

By Anthony DiPaola, Julian Lee and Alex Longley (Bloomberg) — Iran is starting to store oil on its fleet of supertankers again as impending U.S.

September 11, 2018
Total Views: 33

U.S. Navy Conducts Military Exercises in Gulf Amid Iran Tension
Shipping News

U.S. Navy Conducts Military Exercises in Gulf Amid Iran Tension

By Zainab Fattah (Bloomberg) — The U.S. Navy is conducting exercises this month to ensure its readiness to guarantee freedom of movement through Persian

September 11, 2018
Total Views: 32

Monday, September 10, 2018
China’s Trade Outlook Darkens as Trump Raises Stakes on Tariffs
Shipping News

China’s Trade Outlook Darkens as Trump Raises Stakes on Tariffs

By Bloomberg News (Bloomberg) — China’s chances of escaping the trade conflict with the U.S. with only minor damage to its economy just got slimmer. On

September 10, 2018
Total Views: 74

Stock photo shows an oil tanker at a terminal
Shipping News

Oil Demand Seen Peaking by 2023 While Climate Targets Missed, DNV GL Report Shows

By Kelly Gilblom (Bloomberg) — Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy

September 10, 2018
Total Views: 25

Sunday, September 9, 2018
mine explosion near countermeasures ship USS Scout
Navy

U.S. Navy Conducts Military Exercises in Gulf Amid Iran Tension

by Zainab Fattah (Bloomberg) The U.S. Navy is conducting exercises this month to ensure its readiness to guarantee freedom of movement through Persian

September 9, 2018
Total Views: 109

Thursday, September 6, 2018
Airlines Stepping Up Oil Hedges Before 2020 Shipping Rule Bites
News

Airlines Stepping Up Oil Hedges Before 2020 Shipping Rule Bites

By Alex Longley (Bloomberg) — Airlines are starting to hedge against the risk that fuel prices could be driven higher by rules targeting another

September 6, 2018
Total Views: 95

HMS Albion
Shipping News

China Protests U.K. Sail-By of Disputed South Sea Island Chain

By David Tweed (Bloomberg) — China accused the U.K. of infringing on its sovereignty after a Royal Navy warship sailed close to islands it claims in the

September 6, 2018
Total Views: 39

walney extension world's largest offshore wind farm
Interesting

World’s Largest Offshore Wind Farm Opens in Irish Sea… And It’s HUGE

The 659MW Walney Extension offshore wind farm has 87 wind turbines capable of generating enough green energy to power almost 600,000 UK homes. By Jeremy Hodges

September 6, 2018
Total Views: 112

Wednesday, September 5, 2018
Deepwater Champion Drillship
Offshore

Transocean May Reactivate 3 Rigs A Year As Recovery Takes Hold

by David Wethe (Bloomberg) — Transocean, the world’s biggest offshore oil driller, may reactivate two to three mothballed rigs a year as the

September 5, 2018
Total Views: 57

Tuesday, September 4, 2018
Offshore

Transocean to Acquire Ocean Rig in $2.9 Billion Deal

By Will Wade and Simon Casey (Bloomberg) — Transocean Ltd., the world’s largest offshore drilling company, agreed to buy a smaller rival in a $2.9

September 4, 2018
Total Views: 87

oil tanker at sea
Shipping News

Opinion: Duncan Hunter’s Real Crime Is the Jones Act

Bloomberg Opinion editorials do not necessarily reflect the opinions of gCaptain. By James Gibney (Bloomberg Opinion) — A $14,000 family vacation in

September 4, 2018
Total Views: 41

Friday, August 31, 2018
Bankrupt Titanic Collector Is Selling Everything
Shipping News

Bankrupt Titanic Collector Is Selling Everything

by Dawn McCarty (Bloomberg) The story of the doomed luxury liner R.M.S. Titanic proved so alluring that divers were searching for the wreck seven decades after

August 31, 2018
Total Views: 710

Rolls-Royce Helps Hoist The Modern Mainsail
Environment

Rolls-Royce Helps Hoist The Modern Mainsail

by Ellen Milligan (Bloomberg) Hoist the mainsail — a thing that looks like a giant vertical pipe — and switch on your battery the size of a small

August 31, 2018
Total Views: 36