Bloomberg

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


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: 66

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: 63

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: 35

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: 24

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: 46

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: 91

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: 30

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: 91

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: 82

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: 96

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: 33

Wednesday, January 17, 2018
Canada Suspends Huskey FPSO Operations Following Close-Call with Iceberg
Offshore

Canada Suspends Huskey FPSO Operations Following Close-Call with Iceberg

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended petroleum-related operations conducted by the SeaRose Floating,

January 17, 2018
Total Views: 62

Tuesday, January 16, 2018
BP’s Gulf Oil Spill Tab Rises as Lawsuits Wind Down
Offshore

BP’s Gulf Oil Spill Tab Rises as Lawsuits Wind Down

By Amanda Jordan and Kelly Gilblom (Bloomberg) — BP Plc raised the amount it will pay this year for the Deepwater Horizon accident as thousands

January 16, 2018
Total Views: 53

loaded containership
News

Norway Wealth Fund Dumps Shipping Investments, Others on Ethics Grounds

By Jonas Bergman (Bloomberg) — Norway’s wealth fund dumped a series of companies involved in making nuclear weapons and excluded others based on human

January 16, 2018
Total Views: 31

Monday, January 15, 2018
tanker loading
Shipping News

Oil Propelled Past $70 for First Time in Three Years

By Robert Tuttle (Bloomberg) — Oil reached new highs in London as OPEC members called for output curbs to continue, allaying concerns that the recent

January 15, 2018
Total Views: 33

shell oil
News

Shell Gives North Sea Shot in Arm With Field Redevelopment

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the

January 15, 2018
Total Views: 26

Thursday, January 11, 2018
Polar Pioneer barents sea statoil
Shipping News

Hope Wanes for `Elephant’ Oil Finds in Norway’s Arctic Waters

By Mikael Holter (Bloomberg) — After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s

January 11, 2018
Total Views: 64

U.S. Interior Secretary Ryan Zinke
Shipping News

About-Face Tweet on Florida Drilling May Backfire on Agency’s Plan

By Jennifer A. Dlouhy (Bloomberg) — Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida

January 11, 2018
Total Views: 20

seadrill drillship
News

Fredriksen Seen as `Central’ to Seadrill Solution, DNB Says

By Mikael Holter (Bloomberg) — After alternative proposals were unveiled seeking to challenge Seadrill Ltd.’s restructuring plan, one of the oil-rig

January 11, 2018
Total Views: 27

sabine pass lng exports
News

U.S. Turns to Net Gas Exporter for the First Time in 60 Years

By Naureen S. Malik (Bloomberg) — America’s trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an

January 11, 2018
Total Views: 32