Bloomberg

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Tuesday, May 15, 2018
port of Oakland
Shipping News

U.S. Judge Blocks Oakland Ban on Coal Export Terminal

By Joe Ryan (Bloomberg) — A federal judge struck down a local ban prohibiting companies from transporting coal though an Oakland, California, export

May 15, 2018
Total Views: 44

Monday, May 14, 2018
Ince Inebulo
Interesting

Turkish Bulk Bulker Carrying Wheat Hit By Missile Off Yemen – Damage Photos

Update 2 (May 16) – Shipping industry news site Tradewinds reports that Ince Shipping has confirmed its ship was hit by a missile.  Update 1

May 14, 2018
Total Views: 162

Saturday, May 12, 2018
Plane Landing USS Gerald R. Ford
Navy

Navy Busts $12.9 Billion Spending Cap On Supercarrier

by Tony Capaccio (Bloomberg) The US Navy’s costliest vessel ever just got pricer, breaching a $12.9 billion cap set by Congress by $120 million, the

May 12, 2018
Total Views: 110

Friday, May 11, 2018
lng tanker
Shipping News

U.S. LNG Exports Set to Gain as Iran Deal Dies

By Ryan Collins and Naureen S. Malik (Bloomberg) — Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil

May 11, 2018
Total Views: 44

sabine pass lng exports
News

U.S. Shale Gas Heading to Israel for First Time

By Ryan Collins and Kevin Varley (Bloomberg) — Israel is about to receive a cargo of U.S. liquefied natural gas, the first to arrive in the Middle

May 11, 2018
Total Views: 9

Thursday, May 10, 2018
China Sends Military Plane to Third South China Sea Airstrip
News

China Sends Military Plane to Third South China Sea Airstrip

By David Tweed (Bloomberg) — China has landed a military plane on the last of its three airstrips in the disputed South China Sea, a

May 10, 2018
Total Views: 24

Shipping News

Oil Traders Prepare to Cut Iranian Crude

By Angelina Rascouet, Alex Longley and Rupert Rowling (Bloomberg) — European oil refiners and trading houses began preparing to cut purchases

May 10, 2018
Total Views: 20

Wednesday, May 9, 2018
oil tanker
News

Iran Oil Flow May Be Hit by Foreign Tanker Exodus

By Julian Lee (Bloomberg) — The snap-back of U.S. sanctions on Iran’s oil exports may well see international shipping companies, which have carried

May 9, 2018
Total Views: 60

Tuesday, May 8, 2018
tanker loading
News

Trump’s Iran Decision: What’s at Stake for Global Oil Market?

Breaking News: President Trump has just announced that he will withdraw the United States from the Iran nuclear deal.  By Grant Smith (Bloomberg)

May 8, 2018
Total Views: 62

Plane Landing USS Gerald R. Ford
Interesting

Gerald R. Ford Aircraft Carrier Suffers New Failure at Sea

By Tony Capaccio (Bloomberg) — The Gerald R. Ford, the U.S. Navy’s costliest warship, suffered a new failure at sea that forced it back to

May 8, 2018
Total Views: 421

cargo ship in cyprus port
News

Cyprus’s First Shipping Minister Sets Herself Ambitious Targets

By Paul Tugwell and Georgios Georgiou (Bloomberg) — Cyprus’s first-ever shipping minister is setting her sights high. The country’s location and tax

May 8, 2018
Total Views: 69

Monday, May 7, 2018
File photo of an offshore drillship
News

New York Governor Vows ‘Dunkirk-style’ Citizens Fleet to Block Offshore Drilling

By Henry Goldman (Bloomberg) — New York Governor Andrew Cuomo vowed to enlist a “citizens fleet” of leisure boats and fishing vessels to block any

May 7, 2018
Total Views: 64

Friday, May 4, 2018
Adm. James G Stavridis
Defense

How To Avoid A Naval Cold War In The High North

By James Stavridis (Bloomberg) In the classic Cold War novel (and fine 1965 film) “The Bedford Incident,” a U.S. destroyer on a NATO

May 4, 2018
Total Views: 65

Wednesday, May 2, 2018
Offshore

Exxon Defends Guyana Deal as Oil Giant Pushes for Quick Output from Enormous Deepwater Find

By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. defended its contract with tiny Guyana as the oil major pushes to speed up production from the world’s

May 2, 2018
Total Views: 44

Suncor Energy Ramps Up Megaprojects
Offshore

Suncor Energy Ramps Up Megaprojects

In the first quarter of 2018, Hebron production averaged 8,200 bbls/d and continues to ramp up ahead of schedule. By Kevin Orland (Bloomberg) —

May 2, 2018
Total Views: 38

Tuesday, May 1, 2018
auger tension leg platform
Offshore

As Oil Hits $75, Shell Seeks Deepwater Costs at $40 or Below

The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s

May 1, 2018
Total Views: 33

Monday, April 30, 2018
shipping containers
News

Biggest Indian Cargo Company Wants to Build an Uber for Shipping

By P R Sanjai (Bloomberg) — Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers. A unit of the

April 30, 2018
Total Views: 38

Friday, April 27, 2018
deepwater horizon blowout
News

Trump Administration Moving to Relax Some Offshore Drilling Rules Put in Place After Deepwater Horizon

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is moving to relax some offshore drilling requirements imposed in response to the

April 27, 2018
Total Views: 52

PHOTOS: Texas City Hosts First Supertanker
News

PHOTOS: Texas City Hosts First Supertanker

By Alaric Nightingale (Bloomberg) — A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil

April 27, 2018
Total Views: 103

Thursday, April 26, 2018
oil tanker at anchor
Shipping News

Lego Wealth Fund Will Exit Tankers Investment After Loss

By Christian Wienberg (Bloomberg) — Kirk Kapital, a wealth fund owned by members of the Lego family, will sell its five product tankers after the vessels

April 26, 2018
Total Views: 77