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, July 23, 2024
aerial of an offshore wind turbine
Offshore

EU Wind Industry Warns Germany Over Large Chinese Turbine Deal

(Bloomberg) — Europe’s wind industry warned Germany that a deal for 16 Chinese offshore wind turbines risks fostering unfair competition for local

July 23, 2024
Total Views: 1070

Monday, July 22, 2024
containership
Shipping

Shipping’s Carbon Emissions Soar as Houthi Attacks Fuel Longer Voyages

(Bloomberg) — Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid

July 22, 2024
Total Views: 1003

tanker collision
Shipping

Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

(Bloomberg) — A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca, as the dark fleet

July 22, 2024
Total Views: 3742

Saturday, July 20, 2024
Smoke rises from a fire following an Israeli air strike in Hodeidah. Houthi Media Centre/Handout via REUTERS
Defense

Israel Strikes Yemeni Port City In Reply To Houthi Drone Attack

By Galit Altstein and Mohammed Hatem Jul 20, 2024,(Bloomberg) –Israel struck targets around the Houthi-held Red Sea port of Hodeidah, retaliating

July 20, 2024
Total Views: 2376

Cargo ship Despina V, carrying Ukrainian grain, is seen in the Black Sea off Kilyos near Istanbul. REUTERS/Umit Bektas//File Photo
Shipping

Ukraine Warns Ships Of Scrambled GPS Navigation In Black Sea

By Áine Quinn Jul 20, 2024(Bloomberg) –Ukraine’s seaports authority warned shipowners not to rely on a key navigation tool, as satellite

July 20, 2024
Total Views: 1846

Friday, July 19, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

The West’s Squeeze on Russian Tankers Gets Tighter

By Julian Lee (Bloomberg) — Another week, another gentle turning up of the heat by Group of Seven nations on the fleet of tankers moving Russian

July 19, 2024
Total Views: 3025

Thursday, July 18, 2024
Screenshot of video released by the Iranian-backed Houthis showing the attack on the MT CHIOS LION in the Red Sea, July 15, 2024.
Shipping

Large Oil Slick Spotted in Red Sea After Explosive Tanker Attack

By Krishna Karra, Alex Longley and Verity Ratcliffe (Bloomberg) — An oil slick extending more than 125 miles appeared in the Red Sea, satellite images

July 18, 2024
Total Views: 2548

shipping container
Shipping

Global Shipping Strains Spark Fears of an Inflation Comeback

(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at

July 18, 2024
Total Views: 969

Wednesday, July 17, 2024
The MV Rubymar pictured before its sinking
Shipping

Damaged Subsea Cables Repaired in Red Sea

By Olivia Solon and Mohammed Hatem (Bloomberg) — Repairs have finally commenced on three subsea telecommunications cables that were damaged in the Red

July 17, 2024
Total Views: 3343

Oil Tanker Bridge
Shipping

Russian Games Make Secret Tanker Oil Switching Harder to Trace

(Bloomberg) — Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman. A

July 17, 2024
Total Views: 4302

Tuesday, July 16, 2024
A GE Haliade-X Turbine Stands in the Vineyard Wind 1 Project Area South of Martha’s Vineyard. Credit: Eric Haynes
Offshore

Broken Offshore Wind Blade Debris Washes Up in Nantucket

By Jennifer A. Dlouhy (Bloomberg) — Investigators are probing the cause of a damaged offshore wind turbine blade that sent debris washing

July 16, 2024
Total Views: 3415

Monday, July 15, 2024
two tankers conduct ship-to-ship transfer
Shipping

Greece Extends Naval Drills That Deter Russian Oil Transfers

By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian

July 15, 2024
Total Views: 1064

Maersk Tanker Underway
Shipping

Maersk Tankers and Competitors Bet Billions on Ammonia Fuel Carriers

(Bloomberg) — Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being

July 15, 2024
Total Views: 1486

Sunday, July 14, 2024
Russian corvette enters the port of Zhanjiang during the Joint Sea-2024 China-Russia naval exercise. Russian Defence Ministry/Handout via REUTERS
Navy

Chinese And Russian Naval Forces Hold Joint Operation In Pacific

By Bloomberg News Jul 14, 2024 (Bloomberg) –Chinese and Russian naval forces recently conducted another round of joint exercises, according to

July 14, 2024
Total Views: 1556

Dry bulk coal shipping. ImagineStock/Shutterstock
Ports

Botswana Eyes New Export Route To Exploit Huge Coal Resource

By Borges Nhamire, Matthew Hill and Mbongeni Mguni Jul 13, 2024 (Bloomberg) –Three southern African nations signed a deal to proceed with a rail and

July 14, 2024
Total Views: 2416

Saturday, July 13, 2024
The Panama flagged general cargo vessel, MV Ultra Galaxy, pictured after its grounding late on Tuesday night in remote coastal area of South Africa’s west coast, known as Duiwegat. Photo courtesy SAMSA
Shipping

Ships Fleeing The Red Sea Now Face Perilous African Weather

By Alex Longley and Paul Burkhardt (Bloomberg) –Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has

July 13, 2024
Total Views: 9681

Friday, July 12, 2024
File photo of an oil tanker at sea
Shipping

Gunvor to Ship North Sea Crude to Asia After Bull Play Wraps Up

(Bloomberg) — Gunvor Group will send a supertanker loaded with North Sea Forties crude to Asia after the trading house amassed a large volume of

July 12, 2024
Total Views: 1393

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Ports

Adani to Double Investment in Transshipment Port to $2.4 Billion

(Bloomberg) — Billionaire Gautam Adani’s conglomerate is doubling investment to $2.4 billion in its new mega port in southern India as it seeks to

July 12, 2024
Total Views: 878

Wednesday, July 10, 2024
A photo of the Panama registered general cargo vessel reportedly in trouble at sea, and excessivly listing, on the Atlantic Ocean north west of Cape Town on Monday morning. Its crew of 18 seafarers rescued and currently being evacuated. Photo courtesy SAMSA
Marine Weather

Cargo Ship Evacuated as Waves Pound South African Coast

(Bloomberg) — Storms pounded South Africa’s coastline for a fourth day on Wednesday, disrupting shipping operations, with massive swells forcing the

July 10, 2024
Total Views: 3929

Stock photo of a tanker at sea
Shipping

Dozens of Tankers Sanctioned Over Russian Oil Are Sitting Idle Around the World

(Bloomberg) — From the frigid waters of Russia’s Baltic Sea to the Pacific shores of Vladivostok, dozens of tankers that previously moved Moscow’s

July 10, 2024
Total Views: 2440