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Wednesday, August 31, 2016
Hanjin Containership In Port
Maritime News

Hanjin’s Fall: The Good, The Bad, and The Ugly

By Andy Mukherjee and David Fickling (Bloomberg Gadfly) — Depending on whom you ask, South Korea’s largest container-shipping company filing for

August 31, 2016
Total Views: 79

Israel Courting Energy Heavyweights to Seek Offshore Gas
Offshore

Israel Courting Energy Heavyweights to Seek Offshore Gas

By David Wainer (Bloomberg) — Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to

August 31, 2016
Total Views: 9

Tuesday, August 30, 2016
Hanjin Containership In Port
Maritime News

South Korea’s Hanjin Shipping Becomes Symbol of Industry in Trouble

By Kyunghee Park and Christian Wienberg (Bloomberg) — Hanjin Shipping Co. is hardly a bellwether in the world of container movers. As lenders halt all

August 30, 2016
Total Views: 53

Monday, August 29, 2016
Offshore

Exploratory Drilling Hits 70-Year Low Water Mark

by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,

August 29, 2016
Total Views: 69

Hanjin Containership In Port
Finance

Hanjin Shipping Lenders Pull Out as Restructuring Plan Rejected

By Sohee Kim and Kyunghee Park (Bloomberg) — Creditors of Hanjin Shipping Co. won’t extend support for South Korea’s biggest container shipping line

August 29, 2016
Total Views: 44

north sea oil rig with offshore workboat alongside
Maritime News

Big Oil Seems to Be Falling Out of Love With Big Projects

By Liam Denning (Bloomberg Gadfly) — Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was. Another major

August 29, 2016
Total Views: 51

Sewol Ferry Fallout Puts Jeopdae In Jeopardy
Finance

Sewol Ferry Fallout Puts Jeopdae In Jeopardy

by Jiyeun Lee (Bloomberg) Extravagant dinners with whiskey and wine, golfing weekends, pricey beef and seafood gift sets. South Korean companies are trying to

August 29, 2016
Total Views: 23

US NAvy Carrier USS GEORGE H.W. BUSH (CVN 77)
Navy

Pentagon Orders Review of Troubled New Carrier

by Anthony Capaccio (Bloomberg) The Pentagon’s top weapons buyer has ordered an independent review of the $12.9 billion Gerald R. Ford aircraft carrier,

August 29, 2016
Total Views: 36

Oil Executives See Market ‘Volatility’ Through 2017
Maritime News

Oil Executives See Market ‘Volatility’ Through 2017

By Mikael Holter and Rakteem Katakey (Bloomberg) — Crude markets will continue to be plagued by volatility in the short and medium term after suffering

August 29, 2016
Total Views: 3

Johan Sverdrup
Maritime News

Statoil Shaves $2.9 Billion Off Cost of Johan Sverdrup Development

By Jonas Cho Walsgard and Mikael Holter (Bloomberg) — Statoil ASA lowered development costs for the start-up at its giant Johan Sverdrup oilfield by $2.9

August 29, 2016
Total Views: 12

Sunday, August 28, 2016
Offshore Wind Turbines At Sea
Environment

Copenhagen Fund Buys Offshore Wind Lease in U.S.

by Anna Hirtenstein (Bloomberg) Copenhagen Infrastructure Partners K/S acquired Offshore MW LLC, a U.S.-based company that owns an offshore wind

August 28, 2016
Total Views: 95

hurtigruten cruise ship MS Finnmarken
Finance

Hurtigruten Attracts Private Equity

Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the

August 28, 2016
Total Views: 1164

Friday, August 26, 2016
Norwegian Cruise Operator Hurtigruten Seeking Buyer
Maritime News

Norwegian Cruise Operator Hurtigruten Seeking Buyer

By Sarah Syed and Kiel Porter (Bloomberg) — Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain

August 26, 2016
Total Views: 87

Thursday, August 25, 2016
china COSCO America containership
Maritime News

China COSCO Posts $1 Billion Loss After Mega-Merger

by Kyunghee Park (Bloomberg) — China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a

August 25, 2016
Total Views: 70

Block Island wind farm project
Environment

Offshore Windfarming: GE Summons Enron’s Ghost

by Rick Clough (Bloomberg) Blade by blade, General Electric Co. is building part of its future a few miles off the Rhode Island coast, turning a one-time piece

August 25, 2016
Total Views: 43

US Crude Export Caribbean Map
Maritime News

The Most Complex U.S. Crude Export Plan Imaginable

by Andy Hoffman (Bloomberg) Mercuria Energy Group Ltd. has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade

August 25, 2016
Total Views: 44

Wednesday, August 24, 2016
Oil and Gas Norway
Finance

Norway Companies Cut Offshore Investments

by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and

August 24, 2016
Total Views: 51

Tuesday, August 23, 2016
Navy

North Korea Launches Ballistic Missile From Sub

by  Jiyeun Lee (Bloomberg) North Korea launched a ballistic missile from a submarine off its east coast early Wednesday, in a move that comes as South

August 23, 2016
Total Views: 3

yushin maru whaling japanese cetacean research sea shepherd
Interesting

Sea Shepherd Claims It Will Stay Away From Japan Whaling Ships

(Bloomberg) Japan’s Institute of Cetacean Research and Kyodo Senpaku, which conduct the nation’s whale hunts, say they reached a mediation agreement with

August 23, 2016
Total Views: 60

Monday, August 22, 2016
Blog

You Can Scuba Dive For Diamonds But…

Wynand Hendrikse is a diamond diver. For 20 years, he’s spent his days sailing off the western coast of South Africa, exploring a private offshore

August 22, 2016
Total Views: 213
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