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Bloomberg

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


Thursday, December 8, 2016
Builders Escape Most Costs as Navy on the Hook for Littoral Combat Ships
Maritime News

Builders Escape Most Costs as Navy on the Hook for Littoral Combat Ships

By Tony Capaccio (Bloomberg) — The U.S. Navy must pay “for the vast majority of defects” on its troubled Littoral Combat Ship, not contractors

December 8, 2016
Total Views: 28

oil tanker
Maritime News

Oil Tanker Market Heads for Worst Year Since ’13 on OPEC Cut

By Firat Kayakiran and Brian Wingfield (Bloomberg) — Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become

December 8, 2016
Total Views: 30

Wednesday, December 7, 2016
barents sea drilling
News

OPEC Deal Seen Helping Norway Oil Investment as Soon as 2017

By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now

December 7, 2016
Total Views: 8

Monday, December 5, 2016
How a Loose Anchor Cut Up Britain’s Power Link With France
Maritime News

How a Loose Anchor Cut Up Britain’s Power Link With France

By Rachel Morison (Bloomberg) — Autumn storms often do damage to Britain’s electricity networks as falling trees bring down local power cables. Angus,

December 5, 2016
Total Views: 66

Evergreen line ship
Maritime News

Taiwan Shipping’s Perilous Straits Call for Marriage

By David Fickling (Bloomberg Gadfly) — While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12

December 5, 2016
Total Views: 20

Friday, December 2, 2016
offshore oil rig Statoil
Maritime News

Brent Heads for Biggest Weekly Advance Since 2009 on OPEC Pact

By Rakteem Katakey (Bloomberg) — Brent crude is headed for its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years,

December 2, 2016
Total Views: 2

Thursday, December 1, 2016
Troubled $29 Billion U.S. Warship Sows Fresh Doubt on Worth
Maritime News

Troubled $29 Billion U.S. Warship Sows Fresh Doubt on Worth

By Tony Capaccio (Bloomberg) — The U.S. Navy’s Littoral Combat Ship program “stands at a crossroads,” as the service prepares to ask Congress

December 1, 2016
Total Views: 47

News

New Era for Oil Reverberates Through Asia’s Shipyards to Runways

By Emma O’Brien and Heesu Lee (Bloomberg) — While the first OPEC production cuts since 2008 were inked as Asia slept, the winners and losers from

December 1, 2016
Total Views: 6

Wednesday, November 30, 2016
OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years
Interesting

OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years

By Nayla Razzouk, Angelina Rascouet and Golnar Motevalli (Bloomberg) — OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its

November 30, 2016
Total Views: 8

Tuesday, November 29, 2016
BAE Shouldn’t Get to Build U.K.’s New Frigate, Review Says
Maritime News

BAE Shouldn’t Get to Build U.K.’s New Frigate, Review Says

By Benjamin Katz (Bloomberg) — BAE Systems Plc’s Scottish dockyards should be excluded from the lead role on a new class of Royal Navy frigate in

November 29, 2016
Total Views: 22

maersk valiant
News

World’s Biggest Shipping Line Can’t Kick Its Oil Habit

By Chris Bryant (Bloomberg Gadfly) — Soren Skou doesn’t hang around. Shortly after he became chief executive of AP Moller-Maersk A/S in the summer,

November 29, 2016
Total Views: 50

Monday, November 28, 2016
HSH Nordbank Office
Finance

HSH Nordbank Starts Talks With Potential Buyers

(Bloomberg) HSH Nordbank AG will stick to its full-year outlook when it reports nine-months results next week, a crucial yardstick for potential investors as

November 28, 2016
Total Views: 46

havila-shipping-boat
Finance

Havila Shipping Fends Off Bankruptcy

by Luca Casiraghi (Bloomberg) Havila Shipping ASA avoided a potential bankruptcy filing, after bondholders accepted a debt-restructuring deal hours before a

November 28, 2016
Total Views: 64

Saturday, November 26, 2016
Tug Boat With Water Giant Bag
Environment

Towing Giant Bags of Water To Fight Drought

(Bloomberg) Auke Piek, a 44-year-old Dutch engineer, says he has a solution to the Caribbean’s worst drought in half a century — and it lies hundreds

November 26, 2016
Total Views: 415

Friday, November 25, 2016
china ship
Navy

China Warns That U.S. Naval Patrols Threaten Sovereignty

(Bloomberg) American military vessels and aircraft carried out more than 700 patrols in the South China Sea region during 2015, making China the U.S.’s No. 1

November 25, 2016
Total Views: 23

Bosphorus
Maritime News

Tanker Rates Seen Dragged Down by OPEC Production Cuts

By Firat Kayakiran (Bloomberg) — As OPEC discusses the deepest cuts to oil production in years, one group of people in the energy supply chain are

November 25, 2016
Total Views: 5

Wednesday, November 23, 2016
Trump Shifts Tone on Climate Change, Environmentalists Scoff
Maritime News

Trump Shifts Tone on Climate Change, Environmentalists Scoff

By Joe Ryan (Bloomberg) — Donald Trump, who called climate change a hoax during his campaign and vowed to pull out of the Paris accord, now says

November 23, 2016
Total Views: 9

offshore oil rig Statoil
Offshore

Norway Oil Producers Deepen Record Spending Cuts Amid Rout

By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore

November 23, 2016
Total Views: 38

north sea oil rig with offshore workboat alongside
News

North Sea Oil Glut to Get Short-Term Relief

By Laura Hurst and Brian Wingfield (Bloomberg) — A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised

November 23, 2016
Total Views: 3

Tuesday, November 22, 2016
Trump Outlines 100-Day Plan – Trans-Pacific Partnership and ‘Job Killing’ Energy Regulations at Top of List
News

Trump Outlines 100-Day Plan – Trans-Pacific Partnership and ‘Job Killing’ Energy Regulations at Top of List

By Jennifer Jacobs, Jennifer Epstein and Kevin Cirilli (Bloomberg) — President-elect Donald Trump vowed to start the U.S. withdrawal from the

November 22, 2016
Total Views: 68
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