Bloomberg

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


Tuesday, September 27, 2022
port of shanghai yangshan at dusk
Shipping

China Warns Waning Global Demand Is Top Threat to Trade

(Bloomberg) — Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though

September 27, 2022
Total Views: 2279

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

West Coast Dockworker Talks Imperiled by Seattle Terminal Dispute

By Augusta Saraiva (Bloomberg) — A dispute over the assignment of work at a terminal in Seattle is casting a shadow on the outcome of talks to reach a

September 27, 2022
Total Views: 2420

Monday, September 26, 2022
MSC Container ship enters portCatstyecam / Shutterstock.com
Shipping

World’s Largest Shipping Line MSC Announces New Air Cargo Service

By Bryce Baschuk (Bloomberg) — Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co.

September 26, 2022
Total Views: 7092

containership
Shipping

Major Shareholders Raise Offer for Seaspan Takeover

By Layan Odeh (Bloomberg) — A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial

September 26, 2022
Total Views: 1627

Saturday, September 24, 2022
Fiona Slams Into Nova Scotia With Fierce Wind, Flooding Rain
Marine Weather

Fiona Slams Into Nova Scotia With Fierce Wind, Flooding Rain

By Brian K. Sullivan Sep 24, 2022 (Bloomberg) —Fiona, the most powerful storm of this year’s Atlantic hurricane season, roared ashore in eastern

September 24, 2022
Total Views: 3361

Nigeria Pins Hopes On Deep Sea Port To End Cargo Congestion
Ports

Nigeria Pins Hopes On Deep Sea Port To End Cargo Congestion

(Bloomberg) –Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating

September 24, 2022
Total Views: 3859

US To Speed Up Nuclear Submarine Deal With Australia
Navy

US To Speed Up Nuclear Submarine Deal With Australia

By Sybilla Gross (Bloomberg) The US is discussing accelerating the production of nuclear submarines to bolster Australia’s defense capabilities in an effort

September 24, 2022
Total Views: 8320

Friday, September 23, 2022
Watch: Inside the Hijacking of a $100 Million Oil Tanker
Piracy

Watch: Inside the Hijacking of a $100 Million Oil Tanker

By Kit Chellel, Matthew Campbell and Angus Bennett (Bloomberg) — In July 2011, the oil tanker Brillante Virtuoso was drifting through the treacherous

September 23, 2022
Total Views: 6430

Thursday, September 22, 2022
bulk carrier ballast water
Shipping

Energy Crunch in Europe Hits Demand for Commodity Ships

By Elizabeth Elkin and Isis Almeida (Bloomberg) — The cost of shipping commodities like grains, metals and coal has fallen as soaring energy prices in

September 22, 2022
Total Views: 1744

china cosco ship
Ports

Hamburg Port Backs COSCO Terminal Acquisition Over German Government’s China Concerns

By William Wilkes and Arne Delfs (Bloomberg) — Hamburg Hafen und Logistik AG said the German government shouldn’t block a Chinese acquisition of a

September 22, 2022
Total Views: 1029

Wednesday, September 21, 2022
port of long beach truck gates
Shipping

Top U.S. Ports Face Growing Calls to Go Green

By Sarah McGregor (Bloomberg) — After years of “unmitigated growth,” the US’s busiest port complex is facing calls to lower its carbon footprint

September 21, 2022
Total Views: 967

car carrier
Shipping

Surging Car Carrier Rates Add to Auto Industry’s Supply Chain Woes

By Alex Longley (Bloomberg) — The car industry, already grappling with a shortage of semi-conductors, is now seeing another source of supply-chain

September 21, 2022
Total Views: 1627

Tuesday, September 20, 2022
Long Beach Port Chief Sees West Coast Labor Deal Being Reached Without Strike
Shipping

Long Beach Port Chief Sees West Coast Labor Deal Being Reached Without Strike

By Augusta Saraiva (Bloomberg) — Dockworkers and their employers at 29 West Coast ports will keep cargo at the busiest US maritime operations moving

September 20, 2022
Total Views: 1233

Stock photo of a tanker at sea
Shipping

Surging Shipping Costs Threaten Next Energy Crunch

By Ann Koh (Bloomberg) — Costs for shipping energy are surging as Europe’s scramble for supplies creates a shortage of vessels to carry essential

September 20, 2022
Total Views: 919

Monday, September 19, 2022
Port of Long Beach Sees Pandemic-Era Imports Surge Easing
Ports

Port of Long Beach Sees Pandemic-Era Imports Surge Easing

By Augusta Saraiva (Bloomberg) — The head of the second-biggest US port expects the pandemic-era surge in consumer demand that snarled supply chains

September 19, 2022
Total Views: 776

Sunday, September 18, 2022
Poland Opens New Canal To Bypass Russian Waters
Shipping

Poland Opens New Canal To Bypass Russian Waters

(Bloomberg) –Poland opened a canal linking the Baltic Sea with a lagoon whose only previous entrance went through Russian territorial waters. The canal

September 18, 2022
Total Views: 6387

Saturday, September 17, 2022
Baltic Russian Icebreaker
Navy

Don’t Play Russian Roulette With Baltic Oil Tankers

By Javier Blas (Bloomberg) Every day, dozens of oil tankers cross the narrow waterway. It’s a linchpin of global trade. Shut it down and gasoline prices

September 17, 2022
Total Views: 17700

Oil Tanker Rates Bubbling Up As Russia Disrupts Trade
Shipping

Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

(Bloomberg) –Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global

September 17, 2022
Total Views: 1895

Friday, September 16, 2022
Falling Imports at Largest U.S. Port Hint at Weaker Demand
Ports

Falling Imports at Largest U.S. Port Hint at Weaker Demand

By Augusta Saraiva (Bloomberg) — The number of containers arriving at the busiest US port of Los Angeles dropped by the most since the early days of

September 16, 2022
Total Views: 1511

With Rail Strike Averted, Focus Turns to Clearing Congestion
Ports

With Rail Strike Averted, Focus Turns to Clearing Congestion

By Augusta Saraiva (Bloomberg) — US freight-rail companies need to turn their focus to clearing a backlog of containers at ports and at inland train

September 16, 2022
Total Views: 721