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Monday, July 18, 2016
hapag-lloyd
Maritime News

Hapag-Lloyd Drops as Forecast Cut Overshadows UASC Merger Plan

By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a

July 18, 2016
Total Views: 45

bahri vlcc tanker
News

Bahri Plans Biggest Tanker Fleet with 46 VLCCs

By Wael Mahdi (Bloomberg) — A venture between Arab Petroleum Investment Corp., known as Apicorp, and National Shipping Co. of Saudi Arabia will create

July 18, 2016
Total Views: 95

Sunday, July 17, 2016
China Shrugs Off Court Decision – Is International Law A Joke?
Maritime News

China Shrugs Off Court Decision – Is International Law A Joke?

by Noah Feldman (Bloomberg) An international court rules that China broke the law by building islands in the South China Sea. China doesn’t

July 17, 2016
Total Views: 143

Globalization Trade Map
News

Brexit Won’t Stop Globalization (or shipping)

by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.

July 17, 2016
Total Views: 63

Maritime News

Oil Flows Through Turkish Straits Unhindered

by Firat Kayakiran and Rakteem Katakey (Bloomberg) Oil is flowing unhindered through Turkey’s pipelines and waterways, one of the world’s largest energy

July 17, 2016
Total Views: 9

Friday, July 15, 2016
BP Raises Deepwater Horizon Spill Liability to $61.6 Billion
Maritime News

BP Raises Deepwater Horizon Spill Liability to $61.6 Billion

By David Wethe and Rakteem Katakey (Bloomberg) — BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst

July 15, 2016
Total Views: 61

Largest U.S. Offshore Wind Farm Planned in New York Waters
Maritime News

Largest U.S. Offshore Wind Farm Planned in New York Waters

By Christopher Martin (Bloomberg) — The Long Island Power Authority plans to approve a 90 megawatt wind farm off the coast of New York that would become

July 15, 2016
Total Views: 8

Thursday, July 14, 2016
Ports America Said to Explore Sale Valuing Company at $1 Billion
Maritime News

Ports America Said to Explore Sale Valuing Company at $1 Billion

By Ed Hammond and Kiel Porter (Bloomberg) — Ports America, the closely held maritime-terminal operator, is exploring a sale, people with knowledge of the

July 14, 2016
Total Views: 92

U.S. LNG Seen Eluding Asia as Low Prices Trump Panama Canal
Maritime News

U.S. LNG Seen Eluding Asia as Low Prices Trump Panama Canal

By Dan Murtaugh (Bloomberg) — Asia’s going to have to wait a little longer for the flood of U.S. shale gas to reach its shores. A global glut of

July 14, 2016
Total Views: 2

hyundai merchant marine
News

Hyundai Merchant Marine to Join Maersk, MSC in 2M Alliance

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors

July 14, 2016
Total Views: 49

Wednesday, July 13, 2016
U.S. Navy’s $12.9 Billion Carrier Falls Further Behind Schedule
Maritime News

U.S. Navy’s $12.9 Billion Carrier Falls Further Behind Schedule

By Tony Capaccio (Bloomberg) — The USS Gerald R. Ford — the Navy’s newest aircraft carrier and the costliest U.S. warship at $12.9 billion

July 13, 2016
Total Views: 25

Tuesday, July 12, 2016
UASC Eyeing Chemical Tanker Unit Sale as Part of Hapag-Lloyd Deal
Maritime News

UASC Eyeing Chemical Tanker Unit Sale as Part of Hapag-Lloyd Deal

By Dinesh Nair and Nicholas Brautlecht (Bloomberg) — United Arab Shipping Co. is weighing a sale of its tanker business for oil and petrochemicals that

July 12, 2016
Total Views: 5

Monday, July 11, 2016
iranian crude supertanker
Maritime News

Iran Plans to Double Crude Exports to Regain Market Share

By Hashem Kalantari and Anthony DiPaola (Bloomberg) — Iran plans to double crude exports so long as the increase in shipments is absorbed by global

July 11, 2016
Total Views: 5

Offshore Wind Power Cost-Cut Plan Gets Boost From Big Utilities
News

Offshore Wind Power Cost-Cut Plan Gets Boost From Big Utilities

By Jessica Shankleman (Bloomberg) — Nine of the world’s biggest offshore wind farm developers joined with the Scottish government to fund a 7.9

July 11, 2016
Total Views: 3

Friday, July 8, 2016
France’s EDF Opens North Sea’s Dunkirk LNG Terminal
Maritime News

France’s EDF Opens North Sea’s Dunkirk LNG Terminal

By Anna Shiryaevskaya (Bloomberg) — The Dunkirk liquefied natural gas terminal in France received its first cargo on Friday, boosting the nation’s

July 8, 2016
Total Views: 58

Big Oil’s $45 Billion of New Projects Signal Spending Revival
Maritime News

Big Oil’s $45 Billion of New Projects Signal Spending Revival

By Rakteem Katakey (Bloomberg) — Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the

July 8, 2016
Total Views: 13

Despite Industry Pleas, Obama Imposes Costly Arctic Drilling Rules
News

Despite Industry Pleas, Obama Imposes Costly Arctic Drilling Rules

By Jennifer A. Dlouhy (Bloomberg) — Energy companies that hunt for crude in icy Arctic waters will have to stash extra equipment nearby and take other

July 8, 2016
Total Views: 17

Wednesday, July 6, 2016
Dong Energy to Develop World’s Cheapest Offshore Wind
News

Dong Energy to Develop World’s Cheapest Offshore Wind

By Celeste Perri (Bloomberg) — The Danish utility Dong Energy A/S won a contract to develop two wind farms off the coast of the Netherlands that the

July 6, 2016
Total Views: 36

Tuesday, July 5, 2016
World’s Biggest Salmon Producer Wants to Farm Fish Inside a Cargo Ship
Maritime News

World’s Biggest Salmon Producer Wants to Farm Fish Inside a Cargo Ship

By Whitney McFerron (Bloomberg) — The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship rather than the sea. Building

July 5, 2016
Total Views: 174

Norwegian Cruise Line to Keep Fuel Prices at Bay With Hedges
Maritime News

Norwegian Cruise Line to Keep Fuel Prices at Bay With Hedges

By Robert Tuttle (Bloomberg) — When ship fuel prices sank to the lowest depths on record in January, Norwegian Cruise Line Holdings Ltd. was mindful not

July 5, 2016
Total Views: 108
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