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.


Monday, February 19, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Indian Diesel Flowing to Asia

By Jack Wittels (Bloomberg) — Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on

February 19, 2024
Total Views: 2566

Qatar LNG Tanker
Shipping

Qatar to Announce More LNG Deals With European, Asian Buyers

By Verity Ratcliffe and Walid Ahmed (Bloomberg) — Qatar will announce additional contracts to sell gas from a major expansion project to buyers in

February 19, 2024
Total Views: 1198

Sunday, February 18, 2024
Aerial view of Paris. REUTERS/Stephanie Lecocq
Shipping

France Reaches Deal For Ample Grain Flow On Seine During Olympics

By Nayla Razzouk (Bloomberg) –A million tons of grains shipped along the Seine River are set to reach their destination this summer — despite a

February 18, 2024
Total Views: 2300

Friday, February 16, 2024
aerial of an offshore wind turbine
Offshore

Norway Picks Bidders for First Auction for Offshore Wind Farms

(Bloomberg) — Equinor ASA, BP Plc and Shell Plc were among companies that were selected to take part in an auction for Norway’s first fixed-base

February 16, 2024
Total Views: 552

Thursday, February 15, 2024
Turkey’s Canal Istanbul Megaproject Hits Legal Snag
Shipping

Turkey’s Canal Istanbul Megaproject Hits Legal Snag

By Beril Akman (Bloomberg) — A Turkish court upheld an opposition complaint about a multi-billion dollar canal project pushed by President Recep Tayyip

February 15, 2024
Total Views: 6000

Singapore Bunker Sales Jump as Ships Reroute Around Cape of Good Hope
Shipping

Singapore Bunker Sales Jump as Ships Reroute Around Cape of Good Hope

By Elizabeth Low (Bloomberg) — The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel

February 15, 2024
Total Views: 1399

Wednesday, February 14, 2024
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
Shipping

Shell Lowers LNG Growth Forecast as Demand Set to Peak in 2040s

By Anna Shiryaevskaya (Bloomberg) — Shell Plc said demand for liquefied natural gas by 2040 will be slightly lower than previously forecast as the world

February 14, 2024
Total Views: 739

Tuesday, February 13, 2024
Oil tankers wait at anchorage in the Black Sea off Kilyos near Istanbul, Turkey
Shipping

Tankers Tied to the Russian Oil Trade Grind to a Halt Following US Sanctions

(Bloomberg) — A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions,

February 13, 2024
Total Views: 8030

Monday, February 12, 2024
Livestock Ship Signals ‘All Crew Muslims’ to Avoid Houthi Attack
Shipping

Livestock Ship Signals ‘All Crew Muslims’ to Avoid Houthi Attack

By Patrick Sykes (Bloomberg) — Commercial ships in the Red Sea are getting more creative in their efforts to avoid attacks by Yemen’s Houthi

February 12, 2024
Total Views: 3145

Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Diesel Market Flashes Supply Tightness in Europe

By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a

February 12, 2024
Total Views: 996

Saturday, February 10, 2024
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Clean Energy And Conservation Collide In California Coastal Waters

By Nadia Lopez and Josh Saul (Bloomberg) –Two of President Joe Biden’s biggest priorities — conservation and the switch to clean energy — are

February 10, 2024
Total Views: 4250

Friday, February 9, 2024
vlcc tanker u-turn
Shipping

Russian Oil Tanker U-Turns Hours After Being Hit by US Sanctions

By Julian Lee (Bloomberg) — A Russian oil tanker performed a near-immediate u-turn off the coast of Portugal after being subjected to US sanctions. The

February 9, 2024
Total Views: 19667

California’s Biggest Ports Are Deploying Air Pollution Capture for Ships
Ports

California’s Biggest Ports Are Deploying Air Pollution Capture for Ships

(Bloomberg) — At first glance, the Ports of Los Angeles and Long Beach look like any others in the world. Among the world’s busiest, the neighboring

February 9, 2024
Total Views: 1955

laden oil tanker
Shipping

US Insurer Covers Oil Tankers Suspected Of Violating Iran, Russia Sanctions

(Bloomberg) — Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to

February 9, 2024
Total Views: 6821

Thursday, February 8, 2024
A Maersk containership is seen near Suez Canal Bridge which is known as the "Peace Bridge" in the Suez Canal, Egypt, August 6, 2023. Suez Canal Authority/Handout via REUTERS
Shipping

Shipping Bosses Warn Maritime Security in the Red Sea Getting Worse, Not Better

(Bloomberg) — Major shipping companies are warning that the security situation in the Red Sea is continuing to deteriorate, despite efforts by the west

February 8, 2024
Total Views: 2302

Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Shares Hammered as Red Sea Boost Masks Overcapacity

By Christian Wienberg and Sanne Wass (Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in

February 8, 2024
Total Views: 2046

Wednesday, February 7, 2024
tanker at sea
Shipping

G-7 Aiming to Force Russian Oil Away From Shadow Fleet, UK Official Says

(Bloomberg) — A UK official said that Group of Seven nations are aiming to curb Russia’s ability to use a vast shadow fleet of tankers to deliver its

February 7, 2024
Total Views: 2508

Tuesday, February 6, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Chinese Ships Get Insurance Edge Navigating Red Sea

By Alex Longley and Áine Quinn (Bloomberg) — Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red

February 6, 2024
Total Views: 9716

Christophe de Margerie LNG carrier
Shipping

US Sanctions Halt Delivery of New Vessels for Russia’s Arctic LNG 2

(Bloomberg) — The delivery of specialized ships to a new Russian liquefied natural gas facility is being upended by US sanctions, according to Mitsui

February 6, 2024
Total Views: 9326

Monday, February 5, 2024
tanker deck
Shipping

Red Sea Chaos Causing Global Oil Buyers to Shop Local

By Sharon Cho (Bloomberg) — The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make

February 5, 2024
Total Views: 3410