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Bloomberg

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


Sunday, October 30, 2016
nyk line
Maritime News

Japanese Shipping Companies to Merge Container Operations

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest

October 30, 2016
Total Views: 51

Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Maritime News

South Korea to Spend $10 Billion to Boost Local Shipbuilers

By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11

October 30, 2016
Total Views: 90

Friday, October 28, 2016
Velella Floating Fish Farm, Hawaii
NOAA

Gulf Of Mexico Fish Farms: NOAA’s $100 Million Mistake

by Deena Shanker (Bloomberg) If someone offered you a chance to invest millions of dollars in a business nobody wants, would you take it?

October 28, 2016
Total Views: 131

Maritime News

LNG Exports – Is Australia The Worst-Case Scenario?

by Dan Murtaugh (Bloomberg) Americans wondering what life with liquefied natural gas exports will bring can look to eastern Australia for a

October 28, 2016
Total Views: 15

Wednesday, October 26, 2016
offshore wind turbine
News

Next U.S. Offshore Wind Farm Set to Rise in Lake Erie

By Joe Ryan (Bloomberg) — The next U.S. offshore wind farm in the U.S. will probably be almost 500 miles (800 kilometers) from the nearest ocean. The

October 26, 2016
Total Views: 7

Sales Drop for China Offshore Producer Cnooc
Offshore

Sales Drop for China Offshore Producer Cnooc

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 15 percent fall in third-quarter sales as output

October 26, 2016
Total Views: 2

Tuesday, October 25, 2016
hyundai heavy shipyard
Maritime News

After 20,000 Job Cuts, World’s Biggest Shipyards Brace for Even More

By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated

October 25, 2016
Total Views: 72

Monday, October 24, 2016
Singapore Strains Mount as ASL Marine Seeks to Issue Shares
Maritime News

Singapore Strains Mount as ASL Marine Seeks to Issue Shares

By Denise Wee (Bloomberg) — Strains are spreading in Singapore’s debt market as more firms in the maritime sector with borrowings coming due grapple

October 24, 2016
Total Views: 56

Hanjin Cleared to Wind Down European Business
Maritime News

Hanjin Cleared to Wind Down European Business

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing

October 24, 2016
Total Views: 30

Friday, October 21, 2016
The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad
Maritime News

The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad

By Caroline Winter (Bloomberg) — Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called

October 21, 2016
Total Views: 81

Thursday, October 20, 2016
Britain Watches as Russian Warships Sail Past Coast for Mediterranean
Defense

Britain Watches as Russian Warships Sail Past Coast for Mediterranean

(Bloomberg) — U.K. warships are monitoring a Russian aircraft-carrier group sailing past Britain’s eastern coast to the Mediterranean Sea to supplement

October 20, 2016
Total Views: 29

rickmers maritime
Maritime News

Rickmers Investors Seek Bond Payment Amid Singapore Stresses

By Denise Wee (Bloomberg) — Singapore-based shipping trust Rickmers Maritime said it received a letter from lawyers representing some investors stating

October 20, 2016
Total Views: 335

Wednesday, October 19, 2016
Tanker Rates Surge Ahead of OPEC Deal
Maritime News

Tanker Rates Surge Ahead of OPEC Deal

By Firat Kayakiran (Bloomberg) — Oil tanker rates jumped to a four-month high as traders booked the most cargoes for the time of year on record,

October 19, 2016
Total Views: 1

Japan’s Mitsubishi Heavy Industries Considering Shipbuilding Options
Maritime News

Japan’s Mitsubishi Heavy Industries Considering Shipbuilding Options

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Mitsubishi Heavy Industries Ltd. is considering options for its shipbuilding business to reduce costs

October 19, 2016
Total Views: 45

Tuesday, October 18, 2016
offshore wind turbine installation
Maritime News

No Brexit Regrets for North England Port Town Caught Up in Offshore Wind

  By Jessica Shankleman   (Bloomberg) — Martin Brydges landed his final catch as a fisherman in the English port of Grimsby a year

October 18, 2016
Total Views: 13

keppel shipyard
Maritime News

Singapore’s $24 Billion Wipeout Eats Into City’s Shipyard Base

By Jonathan Burgos, Angus Whitley and Kyunghee Park (Bloomberg) — Customers have dwindled by the week at Indian Masala Hut, a curry stall in

October 18, 2016
Total Views: 21

News

Abu Dhabi to Merge Shipping Units After Offshore Energy Combined

By Mahmoud Habboush (Bloomberg) — Abu Dhabi National Oil Co. will combine three shipping and ports units less than a month after consolidating two

October 18, 2016
Total Views: 38

Monday, October 17, 2016
News

Powered by Shipping, India’s Exports Showing Hints of a Recovery

By Sandrine Rastello and Dhwani Pandya (Bloomberg) — A surprising piece of good news is coming from a lackluster corner of India’s $2 trillion economy:

October 17, 2016
Total Views: 7

U.S. Says Littoral Combat Ship USS Coronado ‘Ready to Go’ in Singapore
Maritime News

U.S. Says Littoral Combat Ship USS Coronado ‘Ready to Go’ in Singapore

By Wes Goodman (Bloomberg) — The latest U.S. Littoral Combat Ship to arrive in Southeast Asia is combat ready, according to a senior Navy officer,

October 17, 2016
Total Views: 21

Wednesday, October 12, 2016
DSME Shipyard South Korea
Maritime News

DSME to Cut 24% of Workforce Amid Mounting Losses

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs,

October 12, 2016
Total Views: 30
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