Bloomberg

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Wednesday, November 21, 2018
offshore rig
Shipping News

Equatorial Guinea Bans Subsea 7, Source Says

By Paul Burkhardt (Bloomberg) — Equatorial Guinea has banned oil-services company Subsea 7 SA from operating in the central African nation over local

November 21, 2018
Total Views: 27

Tuesday, November 20, 2018
nyk line
Shipping News

Digital Crew Cash: NYK Said to Be Exploring New Digital Currency for Seafarers

By Kiyotaka Matsuda (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members,

November 20, 2018
Total Views: 37

Monday, November 19, 2018
Pioneering spirit
Shipping News

Big Oil’s Latest Cost-Cutting Trick: Re-Use Platforms

By Mikael Holter (Bloomberg) — Oil companies have pushed through draconian cost cuts during the recent industry slump, but they’re not quite done yet.

November 19, 2018
Total Views: 61

Thursday, November 15, 2018
maersk ship
Shipping News

An $8 Billion Payout From Maersk Raises Questions for Creditors

By Christian Wienberg (Bloomberg) — Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts next year,

November 15, 2018
Total Views: 90

bulk carrier ballast water
Shipping News

Trade War Finally Hits Commodity Shipping, Confounding Optimists

By Prejula Prem and Firat Kayakiran (Bloomberg) — The commodity shipping industry was expected to sail through the trade war unscathed. Tariffs were

November 15, 2018
Total Views: 12

Wednesday, November 14, 2018
sabine pass lng exports
Shipping News

Cheniere Bets $15 Billion on World Gas Demand Despite Tariff

By Naureen S. Malik (Bloomberg) — Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an

November 14, 2018
Total Views: 31

maersk line ship
Interesting

Maersk CEO Says Data Shows `Ironic’ Twist in U.S. Trade War With China

By Christian Wienberg (Bloomberg) — The man running the world’s largest container-shipping company says he has access to data that shows Donald Trump

November 14, 2018
Total Views: 79

Charles de Gaulle aircraft carrier
Shipping News

Macron at Sea Shows U.S.-France Ties Run Deeper Than Trump Spat

By Helene Fouquet and Gregory Viscusi (Bloomberg) — France’s Emmanuel Macron is heading to sea on his biggest warship a day after he suffered

November 14, 2018
Total Views: 9

Tuesday, November 13, 2018
bulk ship
Shipping News

Soy Trade Goes Topsy Turvy as Major Exporter Turns to Imports

By Kevin Varley and Shruti Date Singh (Bloomberg) — The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.

November 13, 2018
Total Views: 17

Friday, November 9, 2018
lng carrier
Shipping News

How Toshiba Lost $806 Million Buying Into America’s LNG Boom

By Dan Murtaugh, Stephen Stapczynski and Aibing Guo (Bloomberg) — Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned

November 9, 2018
Total Views: 17

Tuesday, November 6, 2018
oil tanker
News

Iran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

By Heesu Lee and Debjit Chakraborty (Bloomberg) — Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions,

November 6, 2018
Total Views: 44

sanchi tanker fire
Shipping News

Sunken Sanchi Tanker Among Ships Hit by Iran Sanctions

By Nick Wadhams and Javier Blas (Bloomberg) — Among the hundreds of Iranian-linked banks, companies and vessels that the U.S. slapped sanctions against

November 6, 2018
Total Views: 192

Friday, November 2, 2018
oil tanker
Shipping News

Opinion: Trump’s Iran Sanctions Won’t Squeeze Oil Markets

By Ellen R. Wald (Bloomberg Opinion) — New U.S. sanctions on Iran’s oil industry, set to begin on Sunday, were supposed to exert maximum pressure on

November 2, 2018
Total Views: 39

donald trump
Shipping News

Trump Said to Ask Cabinet to Draft Possible Trade Deal With China

By Jenny Leonard, Saleha Mohsin and Jennifer Jacobs (Bloomberg) — President Donald Trump wants to reach an agreement on trade with Chinese President Xi

November 2, 2018
Total Views: 11

Tuesday, October 30, 2018
vlcc tanker
Shipping News

Replacing Iran’s Lost Oil Supply a Boon for Supertankers

By Alex Longley (Bloomberg) — Higher OPEC oil production and longer voyages are propelling shipowners back to good times. Just a month ago,

October 30, 2018
Total Views: 49

egina fpso
Offshore

Nigeria Heads to Deep Water in Search of Future for Oil Producers

By Elisha Bala-Gbogbo (Bloomberg) — When it comes to the future of its oil industry, Nigeria is looking miles out to sea. By early next year,

October 30, 2018
Total Views: 145

offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Brazil’s New President Set for Offshore Oil Windfall

By Sabrina Valle (Bloomberg) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s

October 30, 2018
Total Views: 34

Monday, October 29, 2018
container ship
Shipping News

Opinion: Winners and Losers From a Sea Change in Oil

By Liam Denning (Bloomberg Opinion) — Despite efforts by the Trump administration to turn it, a supertanker is bearing down on drivers, oil majors, and

October 29, 2018
Total Views: 35

tanker at sea
Shipping

Russian Oil Set to Lose Billions from IMO 2020 Ship-Fuel Rules

By Dina Khrennikova and Elena Mazneva (Bloomberg) — Russia is set to suffer the biggest revenue losses from rules mandating cleaner marine

October 29, 2018
Total Views: 73

Friday, October 26, 2018
offshore wind turbine
Shipping News

Ex-Trump Adviser Knocks Support for Lake Erie Wind Farm

By Jim Efstathiou Jr. (Bloomberg) — A conservative energy research group led by a member of President Donald Trump’s transition team is taking the

October 26, 2018
Total Views: 16