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Bloomberg

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


Wednesday, November 16, 2016
Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts
Maritime News

Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts

By Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc will close the bulk of sites at its marine-engine and ship-design unit and shift some

November 16, 2016
Total Views: 6

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?
Maritime News

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?

By Julie Verhage (Bloomberg) — A 1,500 percent stock surge since Nov. 8? It’s possible in Trump’s America. DryShips Inc., which owns tankers

November 16, 2016
Total Views: 36

Tuesday, November 15, 2016
Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win
News

Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently

November 15, 2016
Total Views: 45

Nordic Welfare Utopias Risk Thumping by Trump
News

Nordic Welfare Utopias Risk Thumping by Trump

By Peter Levring (Bloomberg) — The Nordic welfare utopias of former presidential candidate Bernie Sanders are feeling the pinch of slowing global

November 15, 2016
Total Views: 2

Hanjin Gets Winning Bid From Once-Bankrupt Shipping Company
Maritime News

Hanjin Gets Winning Bid From Once-Bankrupt Shipping Company

By Kyunghee Park (Bloomberg) — A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning

November 15, 2016
Total Views: 45

Monday, November 14, 2016
Allseas Pioneering Spirit Approaches Platform For First Oil Rig Decommissioning Job
Maritime News

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain

By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for

November 14, 2016
Total Views: 6

Korea Line Picked as Preferred Bidder in Hanjin Fire Sale
Maritime News

Korea Line Picked as Preferred Bidder in Hanjin Fire Sale

Note: The headline of this article previously incorrectly stated Hyundai Merchant Marine as being selected as the preferred bidder for some of Hanjin’s

November 14, 2016
Total Views: 6

Shipping Stocks Are the Latest Logic-Defying Trump Rally
Maritime News

Shipping Stocks Are the Latest Logic-Defying Trump Rally

By David Fickling (Bloomberg Gadfly) — The past week in commodities markets has been like a trip through the looking glass. Gold generally benefits

November 14, 2016
Total Views: 38

Sunday, November 13, 2016
Shrinking Hanjin Fleet Signals Fall of Korean Shipping Industry
News

Shrinking Hanjin Fleet Signals Fall of Korean Shipping Industry

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most

November 13, 2016
Total Views: 29

Friday, November 11, 2016
Oil Tankers Used to Store Millions of Barrels at Sea as Land Sites Fill
Maritime News

Oil Tankers Used to Store Millions of Barrels at Sea as Land Sites Fill

By Alex Longley (Bloomberg) — Oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe amid signs that space

November 11, 2016
Total Views: 76

Thursday, November 10, 2016
What to Watch in Oil When Trump Moves Into the White House
Maritime News

What to Watch in Oil When Trump Moves Into the White House

By Julian Lee (Bloomberg) — Some U.S. oil policies are likely to shift significantly when Donald Trump assumes the presidency next year. While

November 10, 2016
Total Views: 47

Wednesday, November 9, 2016
What Will the Global Energy Map Look Like Under President Trump?
Maritime News

What Will the Global Energy Map Look Like Under President Trump?

By Javier Blas and Anna Hirtenstein (Bloomberg) — If you want a snapshot of what the global energy map will look like under President Donald Trump, look

November 9, 2016
Total Views: 2

World’s Biggest Shipping Line Falls Amid Fears of Trade Wars
Interesting

World’s Biggest Shipping Line Falls Amid Fears of Trade Wars

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, saw its shares fall on Wednesday

November 9, 2016
Total Views: 44

Tuesday, November 8, 2016
Iran Signs First Gas Deal Since Sanctions Eased
Maritime News

Iran Signs First Gas Deal Since Sanctions Eased

By Golnar Motevalli, Hashem Kalantari and Javier Blas (Bloomberg) — Iran signed a $4.8 billion natural gas development project with energy giants

November 8, 2016
Total Views: 5

Monday, November 7, 2016
View: How Not to Fight Climate Change, Shipping Edition
Maritime News

View: How Not to Fight Climate Change, Shipping Edition

By The Editors (Bloomberg View) — The shipping industry accounts for more greenhouse gas emissions than airplanes, buses or trains. Yet it was not

November 7, 2016
Total Views: 53

Friday, November 4, 2016
Heavy Lift Vessel ‘Blue Marlin’ Behind Canada’s Largest-Ever Trade Deficit
News

Heavy Lift Vessel ‘Blue Marlin’ Behind Canada’s Largest-Ever Trade Deficit

By Luke Kawa (Bloomberg) — Canada posted its largest trade deficit on record in September, a whopping C$4.1 billion ($3 billion) — and a single piece

November 4, 2016
Total Views: 287

What Happens When the Most Important Pipeline in the U.S. Explodes?
News

What Happens When the Most Important Pipeline in the U.S. Explodes?

By Matthew Philips (Bloomberg) — On Monday, a construction crew in Alabama triggered a massive explosion when a track-hoe struck the biggest fuel

November 4, 2016
Total Views: 9

Thursday, November 3, 2016
World’s Biggest Container Line Ready to Lose Money to Win Market
News

World’s Biggest Container Line Ready to Lose Money to Win Market

By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s largest container line says he’s willing to lose money in the short

November 3, 2016
Total Views: 35

Wednesday, November 2, 2016
Shipping Giant Maersk May Not Be Sunk But it Sure is Taking on Water
Maritime News

Shipping Giant Maersk May Not Be Sunk But it Sure is Taking on Water

By Chris Bryant (Bloomberg Gadfly) — It’s hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S’s

November 2, 2016
Total Views: 24

Malaysia Turns to China for New Navy Ships
Maritime News

Malaysia Turns to China for New Navy Ships

By Chris Blake and Shamim Adam (Bloomberg) — Malaysia said it will buy at least four Littoral Mission Ships from China as Prime Minister Najib Razak

November 2, 2016
Total Views: 38
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