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Sunday, February 4, 2018
Lighthouse Winmore tanker north korea
News

North Korea Made $200m Flouting Maritime Sanctions

by Kambiz Foroohar (Bloomberg) North Korea received almost $200 million between January and September 2017 from exports of coal, iron, steel and other

February 4, 2018
Total Views: 17

Friday, February 2, 2018
Brooklyn Navy Yard Navy Warship Dry Docking
Navy

Historic Shipyard Turns From Ships To Technology

by David M. Levitt (Bloomberg) — America may never recover its glory as a manufacturing powerhouse, but the Brooklyn Navy Yard is doing what it can,

February 2, 2018
Total Views: 88

Thursday, February 1, 2018
dry bulk ship
Shipping News

Decades-Old Baltic Dry Index Gets Revamp as Investor Interest Grows

By Alaric Nightingale (Bloomberg) — The Baltic Dry Index, a decades-old measure of shipping costs viewed by some investors as a leading

February 1, 2018
Total Views: 16

Wednesday, January 31, 2018
arctic shipping illustration
News

Is China’s Arctic Expansion a Reason to Worry?

By Adam Minter (Bloomberg View) — Last week, China said it plans to build a “Polar Silk Road” that will open shipping lanes across the

January 31, 2018
Total Views: 60

Tuesday, January 30, 2018
offshore rig north sea
News

Top Norway Fund Manager Betting on Rigs for 200% Return

By Jonas Cho Walsgard (Bloomberg) — After more than 3 years of taking a hammering, drillers are set to rise. “They will rise 100 to 200

January 30, 2018
Total Views: 14

Piracy

In Venezuela Pirates Now Rule

By Jonathan Franklin (Bloomberg) Their industry all but destroyed, former fishermen now run guns one way, diapers another. On the sea with the desperate

January 30, 2018
Total Views: 122

Monday, January 29, 2018
Australia's Future Frigate, Image via Lockheed Martin
Navy

Australia Breaks Defense Export Records With Naval Newbuilds

By Jason Scott (Bloomberg) Australian Prime Minister Malcolm Turnbull said his nation is aiming to break into the Top 10 of global defense exporters and is

January 29, 2018
Total Views: 96

Friday, January 26, 2018
offshore drilling rig
News

Oil’s Heavy Hitters Line Up to Dive Into Mexico’s Deep Waters

By Adam Williams and Sabrina Valle (Bloomberg) — If you’re a super-major oil explorer, Mexico says it’s got a bargain for you. The

January 26, 2018
Total Views: 23

Thursday, January 25, 2018
News

Second Ship Carrying Russian Gas May Be Headed for U.S.

By Naureen S. Malik and Rob Verdonck (Bloomberg) — A second tanker carrying Russian natural gas may be on the way to the U.S., following in the

January 25, 2018
Total Views: 41

Wednesday, January 24, 2018
Bitcoin and blockchain
News

Bitcoin Used to Settle First Freight Deal

By Isis Almeida (Bloomberg) — Cryptocurrencies are making inroads into food commodity trading. The first freight deal settled in Bitcoin was executed

January 24, 2018
Total Views: 63

Tuesday, January 23, 2018
An LNG carrier at night
News

It’s Official: China Passes South Korea as World’s No. 2 LNG Importer

By Bloomberg News (Bloomberg) — China’s General Administration of Customs just confirmed what liquefied natural gas industry insiders have been

January 23, 2018
Total Views: 53

Reykjavik, Iceland
News

Iceland’s Offshore Oil Dreams Fade as Operators Back Out

By Ragnhildur Sigurdardottir and Mikael Holter (Bloomberg) — Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided

January 23, 2018
Total Views: 31

Monday, January 22, 2018
Johan Sverdrup jacket installation
Offshore

Delayed Big Oil Projects Starting to Get Off the Ground

By Bailey Schulz (Bloomberg) — The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve. From production

January 22, 2018
Total Views: 23

The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Shipping News

Biggest U.S. East Coast Oil Refinery Files for Bankruptcy

By Barbara Powell and Tiffany Kary (Bloomberg) — Philadelphia Energy Solutions LLC, owner of an oil refinery that supplies more than a quarter

January 22, 2018
Total Views: 41

dp world shipping terminal
Shipping News

DP World and India’s Infrastructure Fund Plan $3 Billion Investment in Transport and Logistics

By Arif Sharif (Bloomberg) — DP World Ltd., the Dubai-based port operator that manages terminals from Hong Kong to Peru, and India’s National

January 22, 2018
Total Views: 81

Sunday, January 21, 2018
Editorial: Oil’s Rout Is Over, Hail the Return of $100 Crude! Maybe
News

Editorial: Oil’s Rout Is Over, Hail the Return of $100 Crude! Maybe

By Julian Lee (Bloomberg Gadfly) — After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts. A

January 21, 2018
Total Views: 28

LNG carrier gaselys
Shipping News

Tanker With Russian Gas Still Set for Boston Despite Mid-Atlantic U-Turn

By Elena Mazneva and Anna Shiryaevskaya (Bloomberg) — Three weeks after picking up a controversial cargo in the U.K., a liquefied natural gas tanker made

January 21, 2018
Total Views: 81

Saturday, January 20, 2018
Finance

The Most Expensive Cruise Ever – Cryptocurrency Geeks Lose Millions While Aboard Ship

By Blake Schmidt (Bloomberg) When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, the price

January 20, 2018
Total Views: 78

Friday, January 19, 2018
offshore platform
Engineering News

Contrary to Official Statements, Florida Offshore Drilling Still ‘On the Table’

By Jennifer A. Dlouhy (Bloomberg) — Despite Interior Secretary Ryan Zinke’s Jan. 9 declaration that Florida is “off the table” for offshore

January 19, 2018
Total Views: 93

Thursday, January 18, 2018
File photo of an offshore drillship
Shipping News

Trump’s Offshore Drilling Plan Could Struggle to Lure Big Oil from Other Markets

By Jennifer A. Dlouhy (Bloomberg) — The world’s hottest offshore prospect for oil companies is off the coast of Guyana, where a string of major

January 18, 2018
Total Views: 31