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Bloomberg

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


Friday, March 11, 2016
BP Won’t Face Moratorium Claims Over Oil Spill, Judge Says
Maritime News

BP Won’t Face Moratorium Claims Over Oil Spill, Judge Says

By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) — BP Plc won total dismissal of claims by energy and oilfield service companies for

March 11, 2016
Total Views: 34

New Silk Road Index Charts Shipping Industry’s Stormy Waters
Maritime News

New Silk Road Index Charts Shipping Industry’s Stormy Waters

By Colin Simpson (Bloomberg) — A new Chinese shipping index that tracks freight movements among the countries on the route of one of President Xi

March 11, 2016
Total Views: 3

Thursday, March 10, 2016
U.S., Canada Agree to Oil and Gas Well Emission Cuts
Maritime News

U.S., Canada Agree to Oil and Gas Well Emission Cuts

By Justin Sink, Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to

March 10, 2016
Total Views: 3

Tuesday, March 8, 2016
Former Odebrecht Head Sentenced to 19-Years in Petrobras Bribery Scandal
Maritime News

Former Odebrecht Head Sentenced to 19-Years in Petrobras Bribery Scandal

By Blake Schmidt and Sabrina Valle (Bloomberg) — Marcelo Odebrecht, the former head of one of Brazil’s largest industrial conglomerates, was sentenced

March 8, 2016
Total Views: 4

An undated handout photo of the Gorgon LNG project located in Western Australia.
Maritime News

After Chevron’s Gorgon Mega-Project, Smaller Is Better in Energy

By James Paton (Bloomberg) — Chevron Corp.’s Gorgon natural gas project off Australia’s northwest coast boasts the world’s biggest carbon dioxide

March 8, 2016
Total Views: 20

Monday, March 7, 2016
seadrill rig
Maritime News

Seadrill Surges as Short Wagers Squeezed Amid Bailout Talk

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller struggling with the industry’s biggest debt load, surged by a record for a second

March 7, 2016
Total Views: 2

DSME Shipyard South Korea
Maritime News

DSME Posts Record $4.3 Billion Loss in 2015

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a record loss last year

March 7, 2016
Total Views: 18

First Iranian Crude Lands in Europe Since Sanctions Lifted
Maritime News

First Iranian Crude Lands in Europe Since Sanctions Lifted

By Javier Blas (Bloomberg) — The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in

March 7, 2016
Total Views: 17

Thursday, March 3, 2016
hmm containership
Maritime News

Hyundai Merchant Marine Plans Write Down as Shipping Losses Mount

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, plans to write down its capital by 86

March 3, 2016
Total Views: 14

The Shipping Industry Isn’t Doing as Well as It Looks From Space
Maritime News

The Shipping Industry Isn’t Doing as Well as It Looks From Space

By Alex Longley (Bloomberg) — For an industry that is losing money on almost every transaction, the world’s commodity shippers are remarkably busy

March 3, 2016
Total Views: 35

golden ocean
Maritime News

Golden Ocean CEO Says Shipping Market Is Worst in Modern History

By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect

March 3, 2016
Total Views: 19

Wednesday, March 2, 2016
China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say
Maritime News

China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say

By David Tweed and Ditas Lopez (Bloomberg) — China has stationed ships near a submerged reef in the South China Sea, blocking access by Philippine boats

March 2, 2016
Total Views: 12

Tuesday, March 1, 2016
Use It or Lose It:  Big Oil Moves to Drill in Brazil But Not Because Things Improved
News

Use It or Lose It: Big Oil Moves to Drill in Brazil But Not Because Things Improved

By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and

March 1, 2016
Total Views: 14

Pemex Halts Deepwater Projects With Budget Cuts to Stem Losses
Maritime News

Pemex Halts Deepwater Projects With Budget Cuts to Stem Losses

By Adam Williams (Bloomberg) — Mexico’s state-owned oil company is taking deepwater development off its plate for now. Driven to rip $5.5 billion out

March 1, 2016
Total Views: 46

Monday, February 29, 2016
asia vision lng carrier
Maritime News

Biggest LNG Buyers Seek Alliance to Boost Bargaining Power

By Tsuyoshi Inajima and Emi Urabe (Bloomberg) — Japan’s Jera Co. said it’s in talks with other LNG companies to create an alliance of buyers that

February 29, 2016
Total Views: 7

Friday, February 26, 2016
Singapore’s SGX Submits Bid for Baltic Exchange
Maritime News

Singapore’s SGX Submits Bid for Baltic Exchange

By Jonathan Burgos and Eduard Gismatullin (Bloomberg) — Singapore Exchange Ltd. said it’s seeking to buy Baltic Exchange Ltd., the 272-year-old

February 26, 2016
Total Views: 47

Thursday, February 25, 2016
Private Equity Turning Its Back on Shipping
Maritime News

Private Equity Turning Its Back on Shipping

By Nicholas Brautlecht (Bloomberg) — Private equity is turning its back on shipping after a glut of funding over the last five years contributed to

February 25, 2016
Total Views: 1154

asia vision lng carrier
Maritime News

America’s Shale Gas Debuts in Global Trade

By Naureen S. Malik (Bloomberg) — It’s official. The natural gas flowing out of America’s shale formations is now available to the world. The

February 25, 2016
Total Views: 9

Wednesday, February 24, 2016
chevron lng
Maritime News

How Many Gas Tankers Would It Take to Wipe out a U.S. Glut?

By Naureen S. Malik  (Bloomberg) – At least 163 tankers. That’s how many cargoes of natural gas it’d take to wipe out the ever-expanding glut of

February 24, 2016
Total Views: 45

Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout
Maritime News

Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout

By Mikael Holter (Bloomberg) — When the price of a 10-pound (4.5-kilogram) Atlantic salmon jumped above the cost of a barrel of crude last month, nobody

February 24, 2016
Total Views: 32
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