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.


Tuesday, December 10, 2024
China CG ship
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: 1421

Monday, December 9, 2024
oil tanker at sea
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: 4486

Sunday, December 8, 2024
destiney-cruise-ships
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: 1676

Saturday, December 7, 2024
A containership arrives at the Port of Rotterdam
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: 1784

Friday, December 6, 2024
Canadian flag on the stern of a ship
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: 855

Thursday, December 5, 2024
A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
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: 1362

China Coast Guard allegedly uses a water cannon against the Philippine Coast Guard vessels, which were escorting a resupply mission for the Philippine troops stationed at the Second Thomas Shoal in the South China Sea on August 5, 2023, in this handout photo released on August 6, 2023. Philippine Coast Guard/Handout via REUTERS
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: 1155

Wednesday, December 4, 2024
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 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: 1774

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: 2380

Tuesday, December 3, 2024
tanker at sea
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: 6724

Coast Guard Flagship BRP Teresa Magbanua (MRRV-9701) underway at sea
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: 2083

Monday, December 2, 2024
oil tanker
Shipping

Panama Purging Sanctioned Ships in Flag Registry Crackdown

Panama is canceling the registration of six ships sailing under its flag that were sanctioned by the UK last week, a boost for Western nations that have

December 2, 2024
Total Views: 746

Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
Energy

Iran’s Oil Trade With China Rattled by US Sanctions on Tankers

A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC producer to

December 2, 2024
Total Views: 1429

Saturday, November 30, 2024
A crane is used to unload coal from a cargo ship at the Deendayal Port in Kandla.
Ports

India and Italy In Talks On Blue Economy, Port Cooperation

By Jeanette Rodrigues Nov 30, 2024 (Bloomberg) —Italy is in talks with India to ramp up cooperation in the ship and yacht building industries,

November 30, 2024
Total Views: 659

Friday, November 29, 2024
iranian crude supertanker
Energy

Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than

November 29, 2024
Total Views: 2302

Wednesday, November 27, 2024
The picture provided by The Finnish Border Guard shows Finnish Border Guard's offshore patrol vessel Turva guarding on October 11, 2023 at sea near the place where damaged Balticconnector gas pipeline is pinpointed at the Gulf of Finland. Lehtikuva/FINNISH BORDER GUARD via REUTERS
News

Poland’s PM Proposes Navy Policing in Baltic Sea Amid Russia Threat

(Bloomberg) — Poland will propose a maritime policing program in the Baltic Sea similar to air-monitoring missions carried out by NATO members, Prime

November 27, 2024
Total Views: 1387

Tuesday, November 26, 2024
File photo of an offshore drillship
Offshore

Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says

Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby,

November 26, 2024
Total Views: 3292

A photo of turbines as the South Fork Wind offshore wind farm
Offshore

Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas

Off the coast of Mississippi, a startup has completed its first floating platform for offshore wind turbines. Aikido Technologies Inc.’s solution would allow

November 26, 2024
Total Views: 1539

Monday, November 25, 2024
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Offshore

Orsted Said to Start Selling Stake in Huge UK Wind Farm

Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the

November 25, 2024
Total Views: 1492

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
Shipping

Iran Braces for Trump Reset With Economy Buckling From Sanctions

When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European

November 25, 2024
Total Views: 1571