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.


Saturday, August 31, 2024
Djibouti_Port. Image courtesy CharlesFred
Ports

Djibouti Planning To Offer Ethiopia Port Access To Ease Tensions

By Mohammed Omar Ahmed Aug 31, 2024 (Bloomberg) –Djibouti’s government plans to offer Ethiopia exclusive access to a new port to defuse tensions

August 31, 2024
Total Views: 1125

Philippines resupply mission in the South China Sea.REUTERS/Adrian Portugal
Defense

Chinese, Philippine Ships Collide Amid Growing Tensions at Sea

By Bloomberg News Aug 31, 2024 (Bloomberg) –Chinese and Philippine coast guard ships collided in a disputed patch of the South China Sea on

August 31, 2024
Total Views: 1153

Friday, August 30, 2024
offshore supply vessel
Offshore

Adani Ports Acquires Offshore Shipping Firm for $185 Million

(Bloomberg) — Billionaire Gautam Adani’s port unit will buy an 80% stake in Singapore-headquartered Astro, a supplier of offshore support vessels, for

August 30, 2024
Total Views: 1241

Wednesday, August 28, 2024
An image purportedly showing the MT SOUNION on fire in the Red Sea
Shipping

U.S. Warns Leaking Tanker Poses Growing Red Sea Pollution Risk

(Bloomberg) — An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking,

August 28, 2024
Total Views: 678

Tuesday, August 27, 2024
Pioneer STS LNG transfer New Energy
Shipping

Palau Flag Suspends Russian LNG ‘Shadow’ Fleet Ships

By Ruth Liao and Stephen Stapczynski (Bloomberg) — The Republic of Palau, an island nation in the Western Pacific, has temporarily suspended the

August 27, 2024
Total Views: 5026

Monday, August 26, 2024
Container terminal at Mumbai Port, India
Ports

Indian Port Unions, Officials to Meet in Attempt to Avert Strike

(Bloomberg) — Union representatives from India’s state-run ports are expected to meet government officials on Tuesday in a last-ditch attempt to stave

August 26, 2024
Total Views: 1131

Sunday, August 25, 2024
Philippines, China trade blame after vessels collide in the South China Sea.
Defense

Chinese, Philippine Vessels Collide Again in South China Sea

By Bloomberg News Aug 25, 2024 (Bloomberg) –A China Coast Guard ship and a Philippine vessel collided in a disputed patch of the South China Sea on

August 25, 2024
Total Views: 2873

Massive oil tanker fire in the Red Sea after Houthi attack
Oil Spill

EU Warns: Red Sea Oil Tanker Blaze Threatens Environmental Catastrophe

By Alex Longley (Bloomberg) A ship carrying crude oil that caught fire after being attacked in the Red Sea could lead to a severe ecological disaster, the

August 25, 2024
Total Views: 2463

Saturday, August 24, 2024
Italian coast guard divers
Incidents

Manslaughter Probe Launched After Tragic Sinking of Bayesian Yacht

By Donato Paolo Mancini (Bloomberg) The victims of the Bayesian’s sinking were likely either asleep or tried to escape to no avail as Mike Lynch’s yacht

August 24, 2024
Total Views: 3029

US Navy lookout watches Chinese PLAN warship
Navy

Can The US Navy Deter War In The South China Sea?

by Admiral James Stavridis (Bloomberg Opinion) Summer may be fading, but things are heating up in the South China Sea. With China claiming essentially the

August 24, 2024
Total Views: 4895

UK PM Keir Starmer views migrant data at police command center
News

Starmer Pledges English Channel Migration Crackdown

By Ellen Milligan (Bloomberg) On Thursday Keir Starmer’s government pledged to increase deportations of people with no legal right to stay in the UK to the

August 24, 2024
Total Views: 1171

Friday, August 23, 2024
Rescue boats operate on the sea to search for the missing, including British entrepreneur Mike Lynch, after a luxury yacht sank off the coast of Porticello, near the Sicilian city of Palermo, Italy August 20, 2024. REUTERS/Guglielmo Mangiapane
News

Focus Turns to How Mike Lynch’s Yacht Sank

(Bloomberg) — Following the end of a week-long search and rescue mission, Italian and British authorities are shifting their focus to how the Bayesian

August 23, 2024
Total Views: 4102

Canada Rail Lines Prepare to Restart After Government Intervenes
Shipping

Canada Rail Lines Prepare to Restart After Government Intervenes

By Brian Platt and Monique Mulima (Bloomberg) — Canada’s two largest railways are preparing to restart operations after Prime Minister Justin

August 23, 2024
Total Views: 620

Thursday, August 22, 2024
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

London-Based Ship Registry Helps Keep Russian Oil Tankers Underway

(Bloomberg) — Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its

August 22, 2024
Total Views: 1009

Canada’s Railways Lock Out Unionized Workers, Snarling Trade
Ports

Canada’s Railways Lock Out Unionized Workers, Snarling Trade

By Thomas Seal (Bloomberg) — Canada’s two biggest railways shut down early Thursday after talks with union leaders failed, immediately blocking

August 22, 2024
Total Views: 530

Wednesday, August 21, 2024
FILE PHOTO: Canadian Prime Minister Justin Trudeau tours an electric bus fleet at York Region Transit Southeast Division’s garage in Richmond Hill, Ontario, Canada July 5, 2024. REUTERS/Cole Burston/File Photo
Ports

Trudeau Calls on Railways, Union to Reach Deal to Avoid Strike

By Laura Dhillon Kane (Bloomberg) — Prime Minister Justin Trudeau called on Canada’s two largest railways and unionized workers to reach an agreement

August 21, 2024
Total Views: 1073

Independence-class littoral combat ship USS Mobile (LCS 26) conducts a Maritime Cooperative Activity with Philippine Navy’s Gregorio del Pilar-class patrol ship, BRP Ramon Alcaraz (PS 16), in the South China Sea, July 31, 2024.
Shipping

New ‘Great Game’ Unfolds in Pacific as U.S., China Vie for Backing

(Bloomberg) — Island nations scattered across the Pacific Ocean are at the center of an intensifying competition between China and the US for maritime

August 21, 2024
Total Views: 9857

Tuesday, August 20, 2024
Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
Shipping

Russian Oil Takes Long Route to Asia, Avoiding Red Sea

(Bloomberg) — Russia is sending a supertanker filled with oil all the way around Africa to Asia, a sign the nation’s fleet may not be immune from

August 20, 2024
Total Views: 3518

Monday, August 19, 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
News

Albania Probes Toxic Dust Due Back in Europe After Outcry

(Bloomberg) — Albanian officials say they are investigating how 800 tons of alleged hazardous industrial waste was shipped from its port without

August 19, 2024
Total Views: 2677

Cargo containers pile up at a marine terminal at the Port of Los Angeles.
Ports

San Pedro Ports Face Import Wave Rivaling Pandemic Frenzy

The ports of Los Angeles and Long Beach, which account for roughly a third of all US container imports, had their third-strongest month ever in July, just shy

August 19, 2024
Total Views: 2652