Bloomberg

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


Monday, December 16, 2024
Shipping

Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how

December 16, 2024
Total Views: 1383

Energy

Tanker Rates Tumble on Key Route as China Cuts Crude Purchases

Spot rates for hauling crude on the largest vessels from the Middle East to China, a benchmark route, have sunk by a third this year as demand in the top

December 16, 2024
Total Views: 982

Sunday, December 15, 2024
Defense

US Warship Makes Rare Visit To Cambodia Base At Center Of Feud

By Philip J. Heijmans Dec 13, 2024, 2:04 AM – (Bloomberg) –The US will send a warship to visit a naval base in Cambodia for the first time

December 15, 2024
Total Views: 4577

Friday, December 13, 2024
Defense

Modi’s $6 Billion Submarine Plan Stalls Following Sea Tests

India’s $6 billion plan to build submarines has stalled because of contractor complaints over whether proper procedures were followed during tests at sea,

December 13, 2024
Total Views: 4145

Thursday, December 12, 2024
Shipping

EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers

The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an exemption for Slovakia to trade

December 12, 2024
Total Views: 709

Wednesday, December 11, 2024
Shipping

Trump Trade War to Hurt US Farmers More as China Turns to Brazil

Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even

December 11, 2024
Total Views: 1771

Ports

Billionaire Adani Ends US Tie-Up on Colombo Port Meant to Counter China

Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s capital, ending an agreement

December 11, 2024
Total Views: 1880

Tuesday, December 10, 2024
Offshore

Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry

Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build

December 10, 2024
Total Views: 5120

Shipping

Car Carrier Bull Market Seems to Be Fading

Since the pandemic, earnings for ships that move cars across the oceans have soared to record levels, fueled by booming global trade in vehicles. The rally is

December 10, 2024
Total Views: 1277

Defense

Marcos Says Philippines Won’t Send Warships After China Clashes

Philippine President Ferdinand Marcos Jr. said his nation won’t deploy Navy warships to the South China Sea in response to recent clashes with Beijing in

December 10, 2024
Total Views: 1415

Monday, December 9, 2024
Energy

Sanctioned Russia Oil Tanker Turns Back From Detour Around UK

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a

December 9, 2024
Total Views: 4478

Sunday, December 8, 2024
Cruise Ships

Disney’s Largest Cruise Ship Targets Asia With Marvel Superheroes

By Adrian Wong (Bloomberg) –Tickets for a voyage on board Walt Disney Co.’s first Asia-based cruise ship go on sale next week, as the

December 8, 2024
Total Views: 1658

Saturday, December 7, 2024
Shipping

EU Reaches Long-Sought Mercosur Trade Deal Over French Objections

The European Union and the South American Mercosur bloc clinched a long-sought trade deal over the vehement objections of France, which has pledged to lead a

December 7, 2024
Total Views: 1777

Friday, December 6, 2024
News

Canada Seeks Stronger US Ties in Arctic to Counter Russia, China

Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy for a

December 6, 2024
Total Views: 841

Thursday, December 5, 2024
News

Oil Patch in Canada Has $24 Billion Shield Against Trump Tariffs

The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance on the

December 5, 2024
Total Views: 1355

Incidents

Philippines Files Protest Against China After Sea Incidents

The Philippines filed a diplomatic protest against Beijing on Thursday, a government official said, following fresh encounters between Chinese and Philippine

December 5, 2024
Total Views: 1148

Wednesday, December 4, 2024
Shipping

Maersk Sell Ratings Stack Up as Oversupply Concerns Mount

Sell recommendations on A.P. Moller - Maersk A/S shares are piling up as worries return about oversupply in the shipping

December 4, 2024
Total Views: 1760

The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
Incidents

What It’s Like to Captain a Tanker on Fire After a Houthi Attack

Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil

December 4, 2024
Total Views: 2355

Tuesday, December 3, 2024
Featured

Blacklisted Tanker Avoids English Channel as UK Expands Sanctions Enforcement

A tanker hauling Russian crude from the Baltic Sea to India is taking an unusually long route around the UK, just as Britain expands sanctions against

December 3, 2024
Total Views: 6710

Defense

Philippines Sends Ships to Reef After China ‘Harassment’

The Philippines said a Chinese Navy chopper harassed Filipino fishing boats at a disputed South China Sea reef, showing lingering tensions in the key

December 3, 2024
Total Views: 2073