Bloomberg

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


Thursday, November 30, 2023
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

OPEC+ Agrees to Deeper Supply Cuts

By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go

November 30, 2023
Total Views: 1059

Ship Ever Given Departs Suez Canal with Pilot Boat
Shipping

Maersk Settles Lawsuit Over Ever Given Grounding in Suez

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in

November 30, 2023
Total Views: 6082

Wednesday, November 29, 2023
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
Shipping

Panama Canal Congestion Could Hit Suez

By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially

November 29, 2023
Total Views: 2795

A tanker transits the Panama Canal Locks
Shipping

Panama Canal Drought is Making it More Expensive to Ship Fuel Across the Atlantic

By Jack Wittels (Bloomberg) — The cost of shipping fuels such as diesel across the Atlantic has soared to an almost 16-month high amid ongoing

November 29, 2023
Total Views: 3155

Tuesday, November 28, 2023
Indian Navy Warship
Navy

India’s Naval Ambitions: 160 Warships And Second Carrier By 2030

By Sudhi Ranjan Sen (Bloomberg) India is set to add another aircraft carrier to its fleet worth almost 400 billion rupees ($4.8 billion) as it seeks to

November 28, 2023
Total Views: 2771

A still image from video allegedly showing the capture of the M/V Galaxy Leader.
Shipping

US Warns of Evolving Threats to Shipping Through Red Sea

By Alex Longley (Bloomberg) — A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US

November 28, 2023
Total Views: 2232

Monday, November 27, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Greek Shipowners Avoiding Russian Oil

By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re

November 27, 2023
Total Views: 2958

A view shows a damaged building on a beach affected by a powerful storm in Yevpatoriya, Crimea, November 27, 2023. REUTERS/Alexey Pavlishak
Shipping

Black Sea Storm Halts Oil and Grain Ports in Russia, Ukraine

By Bloomberg News (Bloomberg) — A Black Sea storm halted loadings of crude and grains from key ports in Russia and Ukraine and left more than a million

November 27, 2023
Total Views: 1948

A tanker transits the Panama Canal Locks
Shipping

Panama Canal Adds Extra Slots to Highest Bidders

By Alex Longley (Bloomberg) — The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which

November 27, 2023
Total Views: 3148

Saturday, November 25, 2023
Three RAN Destroyers In Formation. Royal Australian Navy/Peter Beeh
Defense

Philippines, Australia Launch Joint Patrols Amid China Tensions

By Manolo Serapio Jr. (Bloomberg) –The Philippines and Australia kicked off their first joint maritime patrols on Saturday, days after the Southeast

November 25, 2023
Total Views: 1438

Friday, November 24, 2023
shutterstock_403068616 tanker nigeria
Shipping

Nigeria Revives Oil Tanker Tax Issue That Drove Up Freight

By Ruth Olurounbi (Bloomberg) — Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a

November 24, 2023
Total Views: 1872

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Congestion Could Help Steer US LNG Cargoes to Europe

By Anna Shiryaevskaya (Bloomberg) — The congestion at Panama Canal could be to Europe’s benefit as US liquefied natural gas supplies will largely

November 24, 2023
Total Views: 3536

Wednesday, November 22, 2023
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Shipping

Galaxy Leader Seizure Prompts US Review of Terrorist Label for Houthis

By Jennifer Jacobs (Bloomberg) — The US is reviewing whether to restore the Iranian-backed Houthis to its list of terrorist organizations after rebels

November 22, 2023
Total Views: 3902

The RoRo Galaxy Leader being escorted into Yemen by armed Houthi boats
Maritime Security Incidents

Houthis’ Ship Seizure Is A Threat To International Trade

Unless Iran reins in its proxy force, the US and its allies may have to turn to the playbook that defeated piracy off East Africa a decade ago. By James

November 22, 2023
Total Views: 2575

Tuesday, November 21, 2023
smoke pollution coming from a container ship
Shipping

Global Shipping’s $3.6 Billion Carbon Bill is Just Six Weeks Away

By Jack Wittels, Yongchang Chin and John Ainger (Bloomberg) — Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next

November 21, 2023
Total Views: 2792

Monday, November 20, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Europe’s Battered Offshore Wind Sector Sees Hope In Year of Crisis

By Priscila Azevedo Rocha (Bloomberg) — The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change

November 20, 2023
Total Views: 1305

An aerial view of the Galaxy Leader taken in 2018
Piracy

‘Galaxy Leader’ Capture Reignites Fears Over Mideast Shipping

By Shoko Oda (Bloomberg) — A Israeli-owned ship seized in the Red Sea by Iran-backed Houthi rebels in retaliation for the war in Gaza is raising fears

November 20, 2023
Total Views: 4139

Sunday, November 19, 2023
The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Billlionaire Shipping Scion Warns Of Difficult Time For Industry

By Tara Patel and Benoit Berthelot (Bloomberg) –Rodolphe Saade, the billionaire head of the world’s third-largest container line, warned the

November 19, 2023
Total Views: 4387

Secretary of Defense Lloyd J. Austin III and Deputy Secretary of Defense Dr. Kathleen H. Hicks meet with CEOs
Defense

Pentagon Grapples With Trillions In Liabilities Amid Rising Chinese Military Power

By Roxana Tiron (BGOV) and Tony Capaccio (Bloomberg) The US Defense Department failed for the sixth consecutive year to score a clean financial audit, a goal

November 19, 2023
Total Views: 4320

Saturday, November 18, 2023
US Navy photo of the hospital ship USNS Comfort getting underway
Merchant Marine

Should The US Navy Send Hospital Ships To Gaza?

By James Stavridis (Bloomberg) In my military career, I was frequently deployed on the US Navy’s massive nuclear-powered aircraft carriers

November 18, 2023
Total Views: 10206