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, May 15, 2025
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
News

Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply

The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can

May 15, 2025
Total Views: 441

A containership arrives at the Port of Rotterdam
News

US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods

China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in

May 15, 2025
Total Views: 828

Wednesday, May 14, 2025
Port of Durban south africa.File photo: Shutterstock/michaeljung
News

South Africa’s Transnet, Union in Talks to Avoid Strike

(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to

May 14, 2025
Total Views: 703

Photo of a hapag-lloyd containership in port with cranes overhead
Shipping

Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume Last Few Days

The world’s No. 5 container carrier is seeing a jump in business this week after the US and China lowered tariffs, the company’s CEO said, as the trade war

May 14, 2025
Total Views: 928

Tuesday, May 13, 2025
China-US Truce Prompts Price Jump in Pacific Shipping Frenzy
Shipping

China-US Truce Prompts Price Jump in Pacific Shipping Frenzy

A China-US deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific

May 13, 2025
Total Views: 1442

Monday, May 12, 2025
CMA CGM Iron - side view
Shipping

French Shipping Giant Hails US-China Deal After Freight Slumps

Rodolphe Saade, Chief Executive Officer of CMA CGM SA, the world’s third-largest container carrier, hailed a truce in the trade war between Washington and

May 12, 2025
Total Views: 1178

US, China to Slash Tariffs During 90-Day Reprieve for Talks
News

US, China to Slash Tariffs During 90-Day Reprieve for Talks

The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest

May 12, 2025
Total Views: 699

Saturday, May 10, 2025
ThyssenKrupp Marine Systems Shipyard. Photo courtesy ThyssenKrupp.
Shipyard

Thyssenkrupp Eyes Europe Shipyard Deals After Naval Orders Surge

By William Wilkes May 10, 2025 (Bloomberg) —Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine

May 10, 2025
Total Views: 1576

South Africa's Transnet strike continues in Cape Town
Ports

South African Port Union Plans More Talks to End Wage Dispute

By Katlego Mtshali May 9, 2025(Bloomberg) —The main labor union at South Africa’s state port and rail company said it will continue talks next week

May 10, 2025
Total Views: 617

Friday, May 9, 2025
U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington
News

Trump’s First Trade Pact Offers Faint Glimpse on Art of the Deal

For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground

May 9, 2025
Total Views: 1874

Thursday, May 8, 2025
Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Cuts Global Container Market Outlook on Tariff War

A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport market rattled by Donald Trump’s trade

May 8, 2025
Total Views: 650

Wednesday, May 7, 2025
World’s Trade Superhighway Feels Strain From US-China Decoupling
Shipping

World’s Trade Superhighway Feels Strain From US-China Decoupling

Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump’s trade war upends the

May 7, 2025
Total Views: 1422

Tuesday, May 6, 2025
A containership being loaded at the Port of New York and New Jersey at night.
Shipping

US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports

The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping

May 6, 2025
Total Views: 646

A man walks at China's state-owned Cosco Shipping Chancay port inaugurated during the APEC Summit, in Chancay, Peru, November 14, 2024.
Shipping

Chinese Trade Flow Resilient at End of April Despite US Tariffs

China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is

May 6, 2025
Total Views: 1266

Monday, May 5, 2025
European Firms Fare Better Than Feared Through Early Trade Pain
Shipping

European Firms Fare Better Than Feared Through Early Trade Pain

European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of

May 5, 2025
Total Views: 643

Sunday, May 4, 2025
Port Sudan
Ports

Sudan Army Says RSF Attacks Key Port With Drones For First Time

By Mohammed Alamin May 4, 2025 (Bloomberg) –Sudan’s army said its opponents used drones to strike a military airbase and other locations in Port

May 4, 2025
Total Views: 1341

Polymetallic nodules are brought to the surface on board Allseas' deepsea collection vessel 'Hidden Gem' as part of a test of a new nodule collection system in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean
Offshore

Trump’s Push For Deep-Sea Metals Clashes With UN Ocean Treaty

By Todd Woody May 1, 2025 (Bloomberg) –President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now

May 4, 2025
Total Views: 1753

Saturday, May 3, 2025
Chinese Coast Guard vessels fire water cannons towards a Philippine resupply vessel Unaizah May 4 on its way to a resupply mission at Second Thomas Shoal in the South China Sea. REUTERS/Adrian Portugal TPX IMAGES OF THE DAY
Maritime Security

Vietnam Protests China, Philippines Activity In Disputed Waters

By Francesca Stevens May 3, 2025 (Bloomberg) —Vietnam lodged a formal protest against China and the Philippines for activities that it said violate

May 3, 2025
Total Views: 1141

Friday, May 2, 2025
dominion energy wind turbine installation vessel
Offshore

Dominion Says Tariffs May Add $500 Million to Wind Project Cost

President Donald Trump’s tariffs threaten to increase the cost of a big offshore wind farm that Dominion Energy Inc. is building by as much as $500 million,

May 2, 2025
Total Views: 970

China Shipping Loophole Closed by Trump, Raising Prices for US Consumers
Shipping

China Shipping Loophole Closed by Trump, Raising Prices for US Consumers

Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an

May 2, 2025
Total Views: 1095