Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Tuesday, December 20, 2022
China Accused of Building on Unoccupied Reefs in South China Sea
Shipping

China Accused of Building on Unoccupied Reefs in South China Sea

By Philip J. Heijmans (Bloomberg) — China is building up several unoccupied land features in the South China Sea, according to Western officials, which

December 20, 2022
Total Views: 3035

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Exxon is Avoiding Tankers with History of Transporting Russian Oil

By Asad Zulfiqar and Alex Longley (Bloomberg) — Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting

December 20, 2022
Total Views: 3185

Monday, December 19, 2022
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Shipping

Wind Power Giant Will Make Green Shipping Fuel at Big Plant in Sweden

By Will Mathis (Bloomberg) — Danish renewable energy developer Orsted A/S will spend more than $145 million to develop a

December 19, 2022
Total Views: 1219

A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Shipping

EU Reaches Landmark Deal to Strengthen Carbon Market

By Ewa Krukowska and John Ainger (Bloomberg) — The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing

December 19, 2022
Total Views: 496

Sunday, December 18, 2022
Australia Launches Offshore Wind To Move Away From Coal
Offshore

Australia Launches Offshore Wind To Move Away From Coal

By James Fernyhough Dec 18 (Bloomberg) –Australia officially opened its first offshore wind zone off the southern coast of Victoria, as the nation seeks

December 18, 2022
Total Views: 2539

Saturday, December 17, 2022
Pacific Ocean’s Plastics Cleanup Hindered By Trade Barriers
Shipping

Pacific Ocean’s Plastics Cleanup Hindered By Trade Barriers

By Kevin Varley (Bloomberg) –The cleanup of the world’s oceans is being hindered by visa requirements, tariffs on equipment, and restricted access

December 17, 2022
Total Views: 3034

Friday, December 16, 2022
Italian Shipbuilder Fincantieri Looks to Slash Leverage in Business Revamp
Shipbuilding

Italian Shipbuilder Fincantieri Looks to Slash Leverage in Business Revamp

By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the

December 16, 2022
Total Views: 929

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

Tanker Shipowners Show Signs of Shunning Russia’s Asian Crude

By Serene Cheong, Julian Lee and Sharon Cho (Bloomberg) — There are tentative signs that oil tanker companies are avoiding sending their ships to

December 16, 2022
Total Views: 1800

Thursday, December 15, 2022
Commodity Shippers Nearing Insurance Cliff for Vessels to Russia
Shipping

Commodity Shippers Nearing Insurance Cliff for Vessels to Russia

By Steven Arons, Áine Quinn and Alex Longley (Bloomberg) — Some of the biggest names in ship reinsurance are days away from ceasing to cover key

December 15, 2022
Total Views: 1165

Floating Storage and Regasification Unit (FSRU) ship "Hoegh Esperanza" arrives in Wilhelmshaven
Offshore

First FSRU Arrives In Germany To Help Ease Gas Crunch

By Petra Sorge, Vanessa Dezem and Michael Nienaber (Bloomberg) — Germany’s first liquefied natural gas terminal arrived on the country’s north

December 15, 2022
Total Views: 1971

Wednesday, December 14, 2022
port of rotterdam storage
Shipping

Europe Fills Up On Diesel Cargoes as Russian Sanctions Near

By Jack Wittels (Bloomberg) — Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments

December 14, 2022
Total Views: 1108

two tankers conduct ship-to-ship transfer
Shipping

Russia Sets Up Baltic Sea Ship-to-Ship Terminal for Tankers

By Jack Wittels (Bloomberg) — Russia has set up a site in the Baltic Sea to allow it to transfer refined fuels from one vessel onto another in a bid

December 14, 2022
Total Views: 4653

liquefied natural gas tanker
Shipping

China’s Covid Pivot Set to Worsen the Global Energy Crunch

By Bloomberg News (Bloomberg) — China’s pivot away from Covid Zero is poised to boost natural gas demand in the world’s biggest importer,

December 14, 2022
Total Views: 1281

Monday, December 12, 2022
People relax on the beach with Britain's biggest container port in Felixstowe, Britain
Ports

UK’s Port of Felixstowe Reaches Pay Deal With Dockworkers

By Siddharth Philip (Bloomberg) — The Port of Felixstowe, Britain’s busiest container port, said that over 90% of its workers had agreed to accept a

December 12, 2022
Total Views: 1192

A jackup works to prepare the seabed for a cable that will connect the South Fork Wind offshore wind farm, 35 miles east of Montauk Point to the onshore electric grid. Photo courtesy South Fork Wind
Offshore

Sign of U.S. Offshore Wind Boom Arrives Off New York Beach

By Josh Saul (Bloomberg) — A drill as tall as a house stands on the blustery shore of the Atlantic Ocean, digging a tunnel deep under an exclusive New

December 12, 2022
Total Views: 1758

Saturday, December 10, 2022
superyacht
Shipping

Russian Billionaire Gets Judge on Board in Fight Over French Riviera Yacht

By Gaspard Sebag (Bloomberg) –Sanctioned Russian billionaire Alexey Kuzmichev has notched up another victory in his fight with French authorities

December 10, 2022
Total Views: 4476

Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas
Shipping

Oil Tanker Sails Through Bosphorus In Sign Insurance Spat Easing

By Alaric Nightingale (Bloomberg) –Turkish authorities allowed an oil tanker to pass through country’s vital Bosphorus shipping strait, suggesting

December 10, 2022
Total Views: 1652

Friday, December 9, 2022
At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse
Shipping

At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse

By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re

December 9, 2022
Total Views: 2010

Thursday, December 8, 2022
Oil Tankers Stuck Near Turkey Costing Millions to Wait
Shipping

Oil Tankers Stuck Near Turkey Costing Millions to Wait

By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already

December 8, 2022
Total Views: 2686

vlcc supertanker
Shipping

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 962