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, May 2, 2024
Russian FSRU LNG FPSO
Shipping

Russia’s Gazprom Sees First Loss in Two Decades as Gas Trade with Europe Plunges

By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and

May 2, 2024
Total Views: 1263

Port of Antwerp Plans Namibia Hydrogen Harbor
News

Port of Antwerp Plans Namibia Hydrogen Harbor

(Bloomberg) — Port of Antwerp Bruges plans to develop a €250 million ($267 million) hydrogen and ammonia storage and export facility at the Namibian

May 2, 2024
Total Views: 1284

Wednesday, May 1, 2024
The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo
News

Trudeau’s $25 Billion Trans Mountain Expansion Starts Commercial Operations

(Bloomberg) — The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most

May 1, 2024
Total Views: 1486

China's largest and most advanced aircraft carrier Fujian.
Defense

China’s Third and Largest Aircraft Carrier Heads for Sea Trials

By Bloomberg News (Bloomberg) — China’s largest and most advanced warship has begun its first sea trial, paving the way for the country to enhance its

May 1, 2024
Total Views: 4075

Tuesday, April 30, 2024
Screenshot of video from the Philippines Coast Guard shows Chinese Coast Guard vessels using water cannons against a Philippine Coast Guard vessel near the Scarborough Shoal, April 30, 2024. Philippine Coast Guard Image
Defense

Philippines Weighs New Strategy to Counter China’s Sea Actions

By Peter Martin and Andreo Calonzo (Bloomberg) — The Philippines is weighing a new approach in the South China Sea where increasing encounters with

April 30, 2024
Total Views: 14355

Monday, April 29, 2024
cargo ship emissions
Shipping

Red Sea Diversions Spew Carbon Emissions Equal to 9 Million Cars

By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons

April 29, 2024
Total Views: 1669

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

G7 Price Cap on Russian Oil ‘Increasingly Unenforceable’, Insurers Warn

By Alex Longley and Julian Lee (Bloomberg) — A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an

April 29, 2024
Total Views: 1011

Sunday, April 28, 2024
File photo of an oil tanker at sea
Shipping

Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance

By Alex Longley and Sanne Wass (Bloomberg) –A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents

April 28, 2024
Total Views: 4295

Friday, April 26, 2024
Mauritius/Reunion map
News

Subsea Cable Damage Cuts Internet to Islands Off Africa Coast

(Bloomberg) — Damage to an undersea cable off the African coast is exacerbating disruptions of internet services to the continent, impacting

April 26, 2024
Total Views: 2240

Thursday, April 25, 2024
tanker at sea
Shipping

India Grants Marine Insurance Approval for Russian Firms

By Rakesh Sharma and Julian Lee (Bloomberg) — India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to

April 25, 2024
Total Views: 1214

Wednesday, April 24, 2024
port of long beach truck gates
Shipping

Biden Administration Sets Sights on Zero-Emissions Freight Sector

The Biden Administration has announced a first-of-its-kind national goal to transition the freight sector—including the marine sector—to zero emissions. 

April 24, 2024
Total Views: 967

aerial of an offshore wind turbine
Offshore

New US Effort to Lift Offshore Wind Features Turbines in Pacific

(Bloomberg) — The Biden administration is taking steps to jump-start the fledgling offshore wind sector, outlining a five-year leasing plan that would

April 24, 2024
Total Views: 796

Tuesday, April 23, 2024
A Chinese Coast Guard ship is seen blocking the direction of a Philippine Coast Guard ship conducting a resupply mission for Filipino troops stationed at a grounded warship in the South China Sea, October 4, 2023. REUTERS/Adrian Portugal
Shipping

China’s Ships Are Winning the Battle for Energy in South China Sea

By Philip Heijmans (Bloomberg) — This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas

April 23, 2024
Total Views: 16184

wheat bulk ship
Shipping

Second Egypt Wheat Ship Stuck in Russia Sails After 3-Week Wait

By Abdel Latif Wahba and Áine Quinn (Bloomberg) — An Egyptian wheat ship has been allowed to sail after waiting three weeks for the correct paperwork,

April 23, 2024
Total Views: 1652

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

Oil Market Sees Iran Sanctions Having Muted Export Impact

(Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t

April 23, 2024
Total Views: 583

Monday, April 22, 2024
aerial of an offshore wind turbine
Offshore

How a Turbine Put The Brakes on NY Offshore Wind Projects

(Bloomberg) — The fledgling US offshore wind industry took another blow Friday — but for a new reason: a desired turbine isn’t available. The absence

April 22, 2024
Total Views: 6379

Sunday, April 21, 2024
Oil tanker in Ningbo Zhoushan port
Shipping

Oil Supertankers Headed For China Jump To The Highest In A Year

By Bill Lehane (Bloomberg) –Supertankers hauling crude oil to China surged to the highest in almost a year. Some 124 of the vessels are signaling

April 21, 2024
Total Views: 7067

Aviva_Hudson_NY1. Photo by Acroterion via wikipedia.
Shipping

Joe Lewis’ $250 Million Yacht Sets Sail After He Pays US Fine

By Ben Stupples and Ava Benny-Morrison (Bloomberg) –Joe Lewis’ superyacht is on the move again after spending most of the past year holed up in a

April 21, 2024
Total Views: 9909

Indonesia seizes Iranian flagged tanker suspected of illegal oil transshipment in Indonesia's North Natuna Sea. Picture released July 11, 2023. Indonesia's Maritime Security Agency (Bakamla) / Handout via REUTERS
Shipping

New Iran Oil Sanctions Passed By US House In Foreign Aid Package

By Ari Natter (Bloomberg) –The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure

April 21, 2024
Total Views: 1551

Friday, April 19, 2024
Biden to survey collapsed Baltimore bridge, meet families of workers who died. REUTERS/Nathan Howard
News

Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure

(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to

April 19, 2024
Total Views: 2278