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.


Wednesday, March 27, 2024
Container-ship Dali entangled in the Baltimore bridge
Accidents

Baltimore Bridge Collapse Reverberates From Cars to Coal

By Nacha Cattan, Heather Perlberg and Brendan Murray (Bloomberg) — The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic

March 27, 2024
Total Views: 2861

Containership Dali entangled with destroyed baltimore bridge
Incidents

Titanic-Era Law Could Cap Shipowner Liability in Baltimore

By Ethan M Steinberg (Bloomberg) The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims

March 27, 2024
Total Views: 8662

Tuesday, March 26, 2024
Distant photo of baltimore bridge collision
Incidents

Baltimore Coal Exports Are Likely Blocked For Weeks

By Josh Saul (Bloomberg) The collapse of a major Baltimore bridge Tuesday is likely to shut down the port’s coal exports for as many as six weeks and block

March 26, 2024
Total Views: 3892

Container-ship Dali entangled in the Baltimore bridge
Incidents

Baltimore Bridge Fallout to Extend Coast-to-Coast in Cargo Shift

By Brendan Murray (Bloomberg) The bridge collapse Tuesday that shut the Port of Baltimore and closed a major highway will cause weeks or months of

March 26, 2024
Total Views: 3328

overhead view of baltimore bridge
Incidents

Ship’s Mayday Call Before Baltimore Bridge Crash Saved Lives

By Nacha Cattan (Bloomberg) A mayday warning from the ship that slammed into a Baltimore bridge saved lives by prompting officials to stop cars from crossing,

March 26, 2024
Total Views: 15427

Baltimore,,Maryland,,United,States,-,Sep,7th,2019:,Aerial,View
Incidents

East Coast Ports Are Ready To Handle Baltimore Cargo

By Joe Ryan(Bloomberg) East Coast ports including in New York, New Jersey and Virginia are positioned to handle additional ships if the Baltimore bridge

March 26, 2024
Total Views: 3805

MAjor Bridge collapse in baltimore
Collision

Baltimore Bridge Hit By Ship – Major Collapse

The most severe US bridge allision since the Tampa Skyway Bridge disaster in 1980 happened in the early hours of the morning while the ship was under pilotage.

March 26, 2024
Total Views: 24139

Monday, March 25, 2024
UK PM Sunak at nuclear press conference
Navy

UK Commits Over £550 Million to Nuclear Submarines and Energy Projects

By Kit Rees (Bloomberg) UK Prime Minister Rishi Sunak is committing hundreds of millions of pounds to Britain’s nuclear deterrent and energy infrastructure

March 25, 2024
Total Views: 1934

Photo of Houthi leader speaking to followers
Defense

Houthis Threaten Saudi Arabia Over U.S. Military Actions

By Mohammed Hatem (Bloomberg) The Yemen-based Houthi militants renewed their threats against Saudi Arabia, warning it not to support US strikes against the

March 25, 2024
Total Views: 7911

Saturday, March 23, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Houthis Fired Missile at Chinese-Owned Ship in Red Sea, US Says

By Yi Wei Wong Mar 23, 2024(Bloomberg) –Yemen-based Houthis fired a missile at a Chinese-owned oil tanker called M/V Huang Pu on Saturday, the US

March 23, 2024
Total Views: 5730

Friday, March 22, 2024
International Maritime Organization headquarters in London, England. Photo: cktravels.com / Shutterstock.com
Shipping

World’s First Global CO2 Charge Inches Closer at IMO Meeting

By Jack Wittels (Bloomberg) — The shipping industry is being lined up as a guinea pig for a world-first: a global, mandatory charge on greenhouse gas

March 22, 2024
Total Views: 1440

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

India Halts Russia Oil Supplies From Sanctioned Tanker Giant

(Bloomberg) — All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further

March 22, 2024
Total Views: 4080

Oil Tanker Bridge
Shipping

Oil Tanker Firm Fractal Loses Bid to Escape UK Sanctions

By Jonathan Browning (Bloomberg) — A Dubai-based shipping firm that was targeted for being part of Russia’s shadow fleet has lost a court bid to

March 22, 2024
Total Views: 1414

Thursday, March 21, 2024
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 Threatens to Snarl Mississippi River Traffic for a Third Year

By Will Wade (Bloomberg) — The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter

March 21, 2024
Total Views: 2104

The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
Shipping

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

(Bloomberg) — The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked,

March 21, 2024
Total Views: 4872

Wednesday, March 20, 2024
Wind Osprey offshore wind installation vessel installing offshore wind turbines
Offshore

Offshore Wind’s Next Big Problem? Not Enough Ships

By Lars Paulsson (Bloomberg) — On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky

March 20, 2024
Total Views: 3098

Smoke billows after Ukraine's SBU drone strikes a refinery, amid Russia's attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from a video obtained by Reuters, March 13, 2024. Video Obtained By Reuters/via REUTERS
News

Ukraine’s Drone Strikes on Russian Oil Refineries Mark New Phase in War

(Bloomberg) — Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200

March 20, 2024
Total Views: 13872

Tuesday, March 19, 2024
File photo of an oil tanker at sea
Shipping

Two Tankers With Russian Crude Idle for Weeks Off India

By Sherry Su (Bloomberg) — Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India for more than three weeks

March 19, 2024
Total Views: 5100

oil tanker
Shipping

Shadow-Fleet Tanker Damaged in Collision Near Denmark

(Bloomberg) — A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the

March 19, 2024
Total Views: 6338

Monday, March 18, 2024
Sovcomflot ship bridge
News

Russian Oil Squeeze Tightens as Sovcomflot Admits Difficulties

(Bloomberg) — Russia’s state oil tanker company PJSC Sovcomflot said that US sanctions are putting pressure on its operations, the latest sign that the

March 18, 2024
Total Views: 5477