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Tuesday, August 2, 2016
Royal Caribbean Lowers Outlook on Increased Fuel Costs, Weak Pound
Maritime News

Royal Caribbean Lowers Outlook on Increased Fuel Costs, Weak Pound

By Brooke Fox (Bloomberg) — Royal Caribbean Cruises Ltd. lowered its outlook for 2016 profit, citing an increase in fuel prices and a weak British pound

August 2, 2016
Total Views: 6

Friday, July 29, 2016
samsung-heavy-drillship-construction
Shipbuilding

Samsung Heavy Stock Down On Heavy Loss

by Kyunghee Park (Bloomberg) Samsung Heavy Industries Co., the world’s third-largest shipbuilder, reported a quarterly loss that was bigger than estimates as

July 29, 2016
Total Views: 19

News

Why China Matters – U.S. Could Loose Offshore Drilling Rights To EEZ

By Peter Coy (Bloomberg) The U.S. and other coastal nations could lose millions of square nautical miles of ocean that are now in their exclusive economic

July 29, 2016
Total Views: 38

National Hurricane Center On Watch In The Atlantic
Weather

National Hurricane Center On Watch In The Atlantic

by Brian K Sullivan (Bloomberg) It’s time to start watching the Atlantic Ocean for storms that could turn into hurricanes. Two potential tropical systems are

July 29, 2016
Total Views: 11

Thursday, July 28, 2016
hyundai heavy industries shipbuilding
Maritime News

Hyundai Heavy Industries Jumps After Posting Biggest Profit in 3 Years

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. gained the most in more than a year in Seoul trading after the world’s largest shipbuilder

July 28, 2016
Total Views: 1

Billionaire Roekke Forces New Merger in Norway Oil Industry with Solstad and Rem Offshore
News

Billionaire Roekke Forces New Merger in Norway Oil Industry with Solstad and Rem Offshore

By Mikael Holter (Bloomberg) — Solstad Offshore ASA, a supply vessel company controlled by Kjell Inge Roekke, will merge with rival Rem Offshore ASA in

July 28, 2016
Total Views: 5

Wednesday, July 27, 2016
American Shale Gas Headed to Far East for First Time Ever
Maritime News

American Shale Gas Headed to Far East for First Time Ever

By Harry R. Weber and Naureen S. Malik (Bloomberg) — The Far East, which imports more liquefied natural gas than any other region of the world, is

July 27, 2016
Total Views: 3

hyundai heavy shipyard
Maritime News

Hyundai Heavy Posts Biggest Profit in 3 Years on Cutting Costs

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. reported its biggest quarterly profit in three years as the world’s largest shipbuilder cut

July 27, 2016
Total Views: 39

Tuesday, July 26, 2016
Environmental Groups Urge Vote on Delayed New York Offshore Wind
Maritime News

Environmental Groups Urge Vote on Delayed New York Offshore Wind

By Joe Ryan (Bloomberg) — A coalition of environmental groups is urging New York officials to move forward with delayed plans to approve a 90-megawatt

July 26, 2016
Total Views: 3

Friday, July 22, 2016
keppel shipyard
Offshore

Keppel Sees Prolonged Dearth of Oil-Rig Orders Amid Glut

(Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus

July 22, 2016
Total Views: 48

Thursday, July 21, 2016
platform supply vessel north sea sunrise sunset
Maritime News

North Sea Field Shutdowns to Climb as Brexit Deepens Oil Gloom

By Rakteem Katakey (Bloomberg) — The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain

July 21, 2016
Total Views: 7

keppel shipyard
Maritime News

Keppel Profit Falls as Oversupply of Oil Rigs Delays Deliveries

By Kyunghee Park (Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, posted a 48 percent drop in second-quarter profit as oversupply

July 21, 2016
Total Views: 3

U.S. Ship Visit to End Anti-Nuclear Impasse With New Zealand
Maritime News

U.S. Ship Visit to End Anti-Nuclear Impasse With New Zealand

By Matthew Brockett (Bloomberg) — The U.S. Navy will send a ship to New Zealand later this year, ending an impasse over the country’s anti-nuclear

July 21, 2016
Total Views: 5

Wednesday, July 20, 2016
The U.S. Navy’s New $12.9 Billion Carrier Isn’t Ready for Warfare
Maritime News

The U.S. Navy’s New $12.9 Billion Carrier Isn’t Ready for Warfare

By Tony Capaccio (Bloomberg) — The U.S. Navy’s newest aircraft carrier isn’t ready for warfare. The $12.9 billion USS Gerald R. Ford — the most

July 20, 2016
Total Views: 66

Tuesday, July 19, 2016
Foreign Tanker Will Be First to Load Alaska Oil in Three Decades
Maritime News

Foreign Tanker Will Be First to Load Alaska Oil in Three Decades

By Sheela Tobben (Bloomberg) — A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in

July 19, 2016
Total Views: 59

MSC Oscar
Maritime News

China’s Deserted Road Turns Sorry Substitute for High Seas

By David Fickling (Bloomberg Gadfly) — Think China’s plans to build railways across central Asia will be a boon for global trade? Consider this:

July 19, 2016
Total Views: 26

First LNG to Pass Through Expanded Panama Canal Will Be American
Maritime News

First LNG to Pass Through Expanded Panama Canal Will Be American

By Naureen S. Malik (Bloomberg) — The first cargo of liquefied natural gas set to pass through the newly expanded Panama Canal locks will be American.

July 19, 2016
Total Views: 9

Monday, July 18, 2016
SBM Offshore Reaches Leniency Deal in Brazil
News

SBM Offshore Reaches Leniency Deal in Brazil

By Elco van Groningen (Bloomberg) — SBM Offshore NV, a Dutch oil-services provider, rose the most in nine months in Amsterdam trading after reaching a

July 18, 2016
Total Views: 4

DSME Shipyard South Korea
Maritime News

DSME Former Chief Financial Officer Indicted for Inflating Earnings

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said South Korean prosecutors indicted a former chief financial officer

July 18, 2016
Total Views: 7

In Brazil, Another Shipyard Goes Bust as Work Goes to Asia
Maritime News

In Brazil, Another Shipyard Goes Bust as Work Goes to Asia

By Sabrina Valle (Bloomberg) — If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding. A

July 18, 2016
Total Views: 67
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