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Tuesday, August 16, 2016
Maritime News

Indonesian President Vows To Fund ‘Massive’ Maritime Infrastructure Program

President Joko Widodo vowed Tuesday to develop all of Indonesia’s frontier areas, including the Natuna Islands close to where it is embroiled in

August 16, 2016
Total Views: 43

NOAA Weather Data
NOAA

Supercomputer To Help Predict Dangerous River Flooding

by Brian K Sullivan (Bloomberg) In a week when heavy rains in Louisiana led to eight deaths and forced more than 20,000 people from their homes, the

August 16, 2016
Total Views: 10

offshore wind turbine
Environment

Could Offshore Wind Replace Nuclear Power?

by Jessica Shankleman (Bloomberg) Britain could scrap the 18 billion-pound ($23 billion) nuclear power plant at Hinkley Point and get the same amount of

August 16, 2016
Total Views: 100

Environment

Deepwater Wind Readies For First Blow

by Joe Ryan (Bloomberg) Deepwater Wind LLC is on the verge of completing the first U.S. wind farm off the coast of the U.S., a milestone for an industry

August 16, 2016
Total Views: 57

DSME Shipyard South Korea
Maritime News

Ailing Shipbuilder DSME Posts Worse-Than-Expected Loss

By Kyunghee Park and Shinhye Kang (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a

August 16, 2016
Total Views: 11

Monday, August 15, 2016
Eugen Maersk ship
Maritime News

Shipping Giant Shows Why We’re in Deep Water on Deflation

By Chris Bryant (Bloomberg Gadfly) — It’s a sign of stunted investor expectations when an 89 per cent slide in quarterly profit triggers a 3

August 15, 2016
Total Views: 23

Why China’s Plan to Build a Nautical Silk Road Runs Through Singapore
News

Why China’s Plan to Build a Nautical Silk Road Runs Through Singapore

As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one

August 15, 2016
Total Views: 58

News

Mining the Ocean Floor: Good Idea?

By Adam Minter (Bloomberg) While commodities traders still work their way out of a historic slump, Japan is looking ahead to the next boom. According to

August 15, 2016
Total Views: 70

Sunday, August 14, 2016
Navy

Japan To Build Island Missile Defense System

(Bloomberg) The Japanese government has decided on a plan to develop land-to-sea missiles with a range of 300 kilometers (186 miles) to protect the

August 14, 2016
Total Views: 5

Maritime News

Maersk Warns Against U.S. Protectionism

by Christian Wienberg (Bloomberg) A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing

August 14, 2016
Total Views: 22

The World’s Energy Engine Is Slowing
Offshore

The World’s Energy Engine Is Slowing

(Bloomberg) China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the world’s largest

August 14, 2016
Total Views: 57

Friday, August 12, 2016
Offshore

Japan Dives Deep Offshore In Search For Ocean Metal

by Masumi Suga Ichiro Suzuki (Bloomberg) As deep as 1,600 meters (5,250 feet) under water and 1,500 kilometers (930 miles) from Tokyo, work has begun on the

August 12, 2016
Total Views: 57

Thursday, August 11, 2016
More Swiber Fallout as Debt Panic Hammers Singapore Banks
Maritime News

More Swiber Fallout as Debt Panic Hammers Singapore Banks

By Jonathan Burgos (Bloomberg) — The recent drubbing in Singapore bank stocks is turning Southeast Asia’s biggest lenders into bargains for money

August 11, 2016
Total Views: 13

Wednesday, August 10, 2016
Did China Cyber Attack Vietnam Over South China Sea Dispute?
Maritime News

Did China Cyber Attack Vietnam Over South China Sea Dispute?

By John Boudreau and Mai Ngoc Chau (Bloomberg) — The spyware used in cyber attacks on Vietnam’s major airports and national carrier last month is now

August 10, 2016
Total Views: 96

Swiber Troubles Show Urgency Needed in Fixing Debt, Adviser Says
Maritime News

Swiber Troubles Show Urgency Needed in Fixing Debt, Adviser Says

By David Yong and Andrea Tan (Bloomberg) — Singapore’s offshore oil services companies and marine engineering firms are leaving it too late to

August 10, 2016
Total Views: 5

Hello, Shortcut: Expanded Panama Canal Spurs New LNG Trade Route
Maritime News

Hello, Shortcut: Expanded Panama Canal Spurs New LNG Trade Route

By Alex Nussbaum and Naureen Malik (Bloomberg Markets) — When the Panama Canal’s expanded locks slid open in late June, perhaps no one was happier than

August 10, 2016
Total Views: 28

Tuesday, August 9, 2016
China Sees Second Shipbuilder Default This Year as Economy Slows
Maritime News

China Sees Second Shipbuilder Default This Year as Economy Slows

By Bloomberg News (Bloomberg) — A Chinese shipbuilder failed to make a bond payment due Monday, becoming the second such company to default in the

August 9, 2016
Total Views: 3

Monday, August 8, 2016
Collapse of Penny Stock Swiber Holdings Riles Singapore Oil Hub, Banks
Maritime News

Collapse of Penny Stock Swiber Holdings Riles Singapore Oil Hub, Banks

By Kyunghee Park and Chanyaporn Chanjaroen (Bloomberg) — With a market value of S$50 million ($37 million), Swiber Holdings Ltd. hardly seemed the kind

August 8, 2016
Total Views: 125

Japan, China, U.S. Ports Seen at Highest Catastrophe Risk
Maritime News

Japan, China, U.S. Ports Seen at Highest Catastrophe Risk

By Agnel Philip (Bloomberg) — Ports in Japan, China and the U.S. face the greatest financial risk from natural disasters because of their vulnerable

August 8, 2016
Total Views: 41

Sunday, August 7, 2016
Offshore

ROV Industry Dives With Deep Offshore Spending Cuts

by Matthew Braga (Bloomberg) Until recently, oil and gas kept robots moving in more ways than one. Fossil fuel companies looking to speed up exploration,

August 7, 2016
Total Views: 14
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