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Bloomberg

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


Tuesday, October 4, 2016
oil sheen
News

BP’s Clair Field Still Shut After Oil Leak

By Angelina Rascouet (Bloomberg) — BP Plc’s Clair offshore field near the U.K.’s Shetland Islands is still shut following an oil leak. BP, which

October 4, 2016
Total Views: 23

seadrill drillship
News

Fredriksen Could Lend Seadrill $1.2 Billion to Restructure Debt, Sources Say

By Mikael Holter and Luca Casiraghi (Bloomberg) — Seadrill Ltd.’s billionaire chairman and largest shareholder, John Fredriksen, is willing to

October 4, 2016
Total Views: 6

Ships at anchor off Singapore.
Maritime News

Singapore Junk Bonds Slump as Chartering Group Swissco Seeks Restructuring

By Netty Ismail and David Yong (Bloomberg) — Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings

October 4, 2016
Total Views: 75

Monday, October 3, 2016
Kawasaki Heavy Industries shipyard
Maritime News

Kawasaki Heavy Industries Tumbles Most in Eight Years on Outlook

By Chris Cooper (Bloomberg) — Shares of Kawasaki Heavy Industries Ltd. plunged the most in eight years after the company cut its full-year profit

October 3, 2016
Total Views: 21

Fishermen, Coast Guards Worry Singapore Most in South China Sea
Maritime News

Fishermen, Coast Guards Worry Singapore Most in South China Sea

By Rosalind Mathieson (Bloomberg) — The risk of a clash in the South China Sea lies with non-military ships, Singapore’s defense minister said, as

October 3, 2016
Total Views: 12

Friday, September 30, 2016
200 Pounds of Cocaine And An Aristocrat Sugar Trader’s Nightmare
News

200 Pounds of Cocaine And An Aristocrat Sugar Trader’s Nightmare

By Isis Almeida and Suzi Ring (Bloomberg) — The MSC Letizia, a container ship, set sail from Santos Port bearing familiar bounties of Brazil such as

September 30, 2016
Total Views: 248

Thursday, September 29, 2016
China’s Naval Buildup Threatens Its Own Port Ambitions
Maritime News

China’s Naval Buildup Threatens Its Own Port Ambitions

By David Fickling (Bloomberg Gadfly) — A strange thing is happening in China’s state-owned marine transport industry. The government shook up its

September 29, 2016
Total Views: 57

DSME shipyard
Maritime News

Korean Exchange Tells World’s No. 2 Shipbuilder to Improve Financials Or Else

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its

September 29, 2016
Total Views: 53

Cosco Eyes Hanjin Terminals After $738 Million Abu Dhabi Deal
Maritime News

Cosco Eyes Hanjin Terminals After $738 Million Abu Dhabi Deal

By Bloomberg News (Bloomberg) – China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some

September 29, 2016
Total Views: 47

Wednesday, September 28, 2016
COSCO Containers
Maritime News

Cosco Shipping Signs $738 Million Deal to Expand U.A.E. Port

  By Mahmoud Habboush   (Bloomberg) — Cosco Shipping Co., a unit of China’s biggest shipping group, agreed to build and operate a

September 28, 2016
Total Views: 29

South Korean Court Considering Sale of Hanjin Shipping
Maritime News

South Korean Court Considering Sale of Hanjin Shipping

By Kyunghee Park (Bloomberg) — The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the entire

September 28, 2016
Total Views: 56

South Africa Raids Global Shipping Lines in Collusion Probe
Maritime News

South Africa Raids Global Shipping Lines in Collusion Probe

By Liezel Hill (Bloomberg) — South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as

September 28, 2016
Total Views: 62

Tuesday, September 27, 2016
hanjin ship
Maritime News

For Sale: One Shipping Fleet Seeking Very Adventurous Owner

By Chris Bryant (Bloomberg Gadfly) — So, Maersk might step in and buy some Hanjin assets after the South Korean shipping company’s bankruptcy

September 27, 2016
Total Views: 64

Eugen Maersk ship
Maritime News

Maersk May Target Hanjin, Hyundai in New Acquisition Plan

By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new

September 27, 2016
Total Views: 21

Monday, September 26, 2016
Trouble at Sea for Big Satellite Operators
News

Trouble at Sea for Big Satellite Operators

By Leila Abboud (Bloomberg Gadfly) — Satellite operator Inmarsat was founded 40 years ago to let ships communicate with land so rescuers could aid

September 26, 2016
Total Views: 89

Rebound in Singapore’s Ezra Holdings Seen to Be Fleeting Amid Oil Industry Woes
Offshore

Rebound in Singapore’s Ezra Holdings Seen to Be Fleeting Amid Oil Industry Woes

By Jonathan Burgos (Bloomberg) — Ezra Holdings Ltd. is leading a rebound among Singapore oil-services providers this month, after bearish bets

September 26, 2016
Total Views: 7

hyundai merchant marine
Maritime News

Hyundai Merchant Marine Says It’s Assessing Hanjin Assets

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company was

September 26, 2016
Total Views: 3

Singapore Shipbuilder Otto Marine Says Creditors Seeking to Wind Up Australian Units
News

Singapore Shipbuilder Otto Marine Says Creditors Seeking to Wind Up Australian Units

By David Yong (Bloomberg) — A Singapore-listed builder of ships that service offshore oil and gas facilities said some creditors are seeking to wind up

September 26, 2016
Total Views: 15

Friday, September 23, 2016
Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging
Maritime News

Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging

By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,

September 23, 2016
Total Views: 52

Thursday, September 22, 2016
Offshore Wind Tries to Lift Rig Builders Past Oil’s Downturn
Maritime News

Offshore Wind Tries to Lift Rig Builders Past Oil’s Downturn

By Joe Ryan (Bloomberg) — Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With

September 22, 2016
Total Views: 57
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