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, September 19, 2024
Bulk carrier inspection
Shipping

Ukraine War: US Warns Allies of Russia’s Sabotage Threats Against Global Shipping

By Alberto Nardelli, Jenny Leonard and Natalia Drozdiak (Bloomberg) — The US has warned its allies that Russia is targeting cargo shipping companies as

September 19, 2024
Total Views: 1054

Wednesday, September 18, 2024
President trump signing tariffs in the oval office
Finance

Trump Trade Wars: A Look At Winners And Losers Since 2016

by Tom Orlik (Bloomberg) Who Loses in Trump’s Endless Trade War? In 2016, Donald Trump campaigned for the US presidency on a promise to beat China.

September 18, 2024
Total Views: 2646

Tuesday, September 17, 2024
drillship
Offshore

Deepwater Oil Rigs May Fetch $600,000 a Day as Spending Expands

(Bloomberg) — The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the

September 17, 2024
Total Views: 2634

Monday, September 16, 2024
Harland and Wolff Shipyard. File Photo: Charles McQuillan/Pool via REUTERS
Interesting

Titanic Shipyard Owner Harland & Wolff Set to Enter Administration This Week

(Bloomberg) — The owner of the shipping yard that built the Titanic is entering administration, a type of insolvency procedure in the UK, for the second

September 16, 2024
Total Views: 1383

Sunday, September 15, 2024
Stern view of the new hotel super-yacht ilma
Cruise Ships

Ritz-Carlton Launches Ilma: World’s Largest Hotel-Branded Superyacht

By Fran Golden (Bloomberg) When Ritz-Carlton Yacht Collection finally unveiled its 298-passenger Evrima in 2022 after a few years of

September 15, 2024
Total Views: 13233

Greek navy warship underway with a helicopter during a NATO naval exercise
News

Greek Navy Extends Naval Drills to Deter Russian Oil

By Alex Longley (Bloomberg) Greece’s navy has (once again) extended a series of naval drills by two months as the country tries to deter Russian oil

September 15, 2024
Total Views: 1987

Thursday, September 12, 2024
msc containership
Shipping

MSC CEO Vows to Stand Alone as Global Shipping Rivals Team Up

(Bloomberg) — MSC Mediterranean Shipping Company SA plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its

September 12, 2024
Total Views: 893

Wednesday, September 11, 2024
tanker at sea
Environment

Oil Spill Fears Mount as Russia Tankers Reject Key Danish Pilots

(Bloomberg) — Tankers hauling Russian crude through Denmark’s perilous shipping straits are increasingly rejecting the services of pilots when they do

September 11, 2024
Total Views: 6395

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Trafigura to Convert More Supertankers if Oil Market Woes Linger

(Bloomberg) — Trafigura Group could switch more of its crude-oil tankers to carry refined products if sluggish market conditions persist. About

September 11, 2024
Total Views: 1338

Tuesday, September 10, 2024
Port Of Hong Kong aerial photo
Shipping

China’s Exports Jump to Two-Year High in Rare Boost for Economy

(Bloomberg) — China’s exports unexpectedly accelerated in August, reaching their highest value in nearly two years and providing a rare boost to an

September 10, 2024
Total Views: 719

Monday, September 9, 2024
An LNG carrier at night
Shipping

Sanctioned Russian Gas Plant Sends Cargo to Asia for First Time

(Bloomberg) — A sanctioned Russian liquefied natural gas export facility is sending a shipment to Asia for the first time, as Moscow continues a search

September 9, 2024
Total Views: 1092

Saturday, September 7, 2024
Mein Schiff 6 cruise ship is moored at the dock of Piraeus after some of the crew members tested positive for the coronavirus disease (COVID-19), in Piraeus.REUTERS/Costas Baltas
Cruise Ships

Greece To Take Action Against Cruise Ship Tourism And Short-Term Leasing

By Eleni Chrepa and Sotiris Nikas Sep 7, 2024 (Bloomberg) –Greek Prime Minister Kyriakos Mitsotakis announced measures aimed at addressing the

September 7, 2024
Total Views: 3277

German Chancellor Olaf Scholz visits the luxury shipbuilder Meyer Werft in Papenburg.REUTERS/Carmen Jaspersen
Cruise Ships

Germany Agrees To Rescue Cruise Ship Builder Meyer Werft

By Kamil Kowalcze Sep 6, 2024 (Bloomberg) –Germany hammered out a deal that offers a potential lifeline for struggling shipbuilder Meyer Werft GmbH,

September 7, 2024
Total Views: 8628

Barges make their way down the Mississippi River, where the water levels have reached historically record lows in Memphis, Tennessee, U.S. October 23, 2022. Photo REUTERS/Karen Pulfer Focht
Shipping

Drought Shrivels The Mississippi River And Threatens To Disrupt US Food Exports

By Brian K. Sullivan and Tarso Veloso Sep 7, 2024 (Bloomberg) —Drought across the central US is shrinking the Mississippi River, sending barge rates

September 7, 2024
Total Views: 2035

Friday, September 6, 2024
lng tanker grand aniva
Shipping

Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply

(Bloomberg) — Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will

September 6, 2024
Total Views: 1732

Wednesday, September 4, 2024
offshore spar
Offshore

Gulf of Mexico Oil Drilling Under Threat From Government Impasse

By Jennifer A. Dlouhy (Bloomberg) — A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to

September 4, 2024
Total Views: 4153

Aerial top view of a containership underway
Shipping

WTO: Global Goods Trade Recovery Extends Into Third Quarter

(Bloomberg) — Global merchandise trade is recovering from last year’s slump, the World Trade Organization said, as one of its barometers for activity

September 4, 2024
Total Views: 374

Tuesday, September 3, 2024
Bahri Denies Tanker was Targeted in Red Sea
Shipping

Bahri Denies Tanker was Targeted in Red Sea

(Bloomberg) — The owner of the Saudi Arabian oil tanker that was reportedly struck by Houthi militants in the Red Sea said it wasn’t the target of any

September 3, 2024
Total Views: 1205

Sunday, September 1, 2024
Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Shipping

Container Carrier Profits Soar On Record Volumes, Higher Rates

By Brendan Murray Sep 1, 2024 (Bloomberg) –The global container shipping industry saw profits surge to more than $10 billion in the second quarter

September 1, 2024
Total Views: 3417

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: 1129