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Bloomberg

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Thursday, January 21, 2016
Arctic Ocean Holds ‘Mind-Boggling’ Opportunities
Maritime News

Arctic Ocean Holds ‘Mind-Boggling’ Opportunities

By Eric Roston (Bloomberg) — As chairman of investments at Guggenheim Partners, Scott Minerd thought he had a realistic view on how big an economic

January 21, 2016
Total Views: 16

Wednesday, January 20, 2016
Shell Profit Plunges at Least 42% as Oil’s Slump Deepens
News

Shell Profit Plunges at Least 42% as Oil’s Slump Deepens

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc, which is buying BG Group Plc in the industry’s largest deal in a decade, expects fourth-quarter

January 20, 2016
Total Views: 2

maersk-triple-e-class-bow
Maritime News

Maersk CEO Says Container Volumes Are Improving in 2016

By Christian Wienberg and Jonathan Ferro (Bloomberg) — Container volumes have picked up this year after the market suffered from sluggish growth and

January 20, 2016
Total Views: 10

Evergreen Founder Chang Yung-fa Dies at 88
Maritime News

Evergreen Founder Chang Yung-fa Dies at 88

By Yu-Huay Sun (Bloomberg) — Chang Yung-fa, the billionaire founder of Evergreen Group who turned a second-hand bulk carrier into Asia’s biggest

January 20, 2016
Total Views: 118

Tuesday, January 19, 2016
Havila Shipping’s Debt Plan Fails to Gain Support
Maritime News

Havila Shipping’s Debt Plan Fails to Gain Support

By Luca Casiraghi (Bloomberg) — Havila Shipping ASA said it has so far failed to get enough support from bondholders to postpone repayments on 5.7

January 19, 2016
Total Views: 8

barents sea drilling
Maritime News

Norway’s Arctic Oil Ambitions Get $7 Billion Lifeline from Statoil

By Mikael Holter (Bloomberg) — Norway’s Arctic ambitions just got a $7 billion boost from Statoil ASA. Norway’s largest oil company was able to halve

January 19, 2016
Total Views: 8

Iran’s Low-Cost Barrels Lure Oil Titans
Maritime News

Iran’s Low-Cost Barrels Lure Oil Titans

By Rakteem Katakey and Grant Smith (Bloomberg) — Iran’s return to international markets will spur investment in the Persian Gulf nation’s neglected

January 19, 2016
Total Views: 7

China Offshore Driller CNOOC to Cut Output for First Time Since 1999
Maritime News

China Offshore Driller CNOOC to Cut Output for First Time Since 1999

Aibing Guo and Rakteem Katakey (Bloomberg) — China’s largest offshore oil company will cut output for the first time in more than a decade, prompting

January 19, 2016
Total Views: 2

Monday, January 18, 2016
rongsheng heavy industries shipyard shipbuilding
Maritime News

Chinese Shipyards See New Orders Fall by Almost Half in 2015

By Bloomberg News (Bloomberg) — New orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in

January 18, 2016
Total Views: 6

Friday, January 15, 2016
More Than Half of U.S. LNG Seen Destined for Europe
Maritime News

More Than Half of U.S. LNG Seen Destined for Europe

By Anna Shiryaevskaya (Bloomberg) — Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia,

January 15, 2016
Total Views: 4

Thursday, January 14, 2016
U.S. Navy’s New Fast Transport Ships Can’t Stand Buffeting From High Seas
Interesting

U.S. Navy’s New Fast Transport Ships Can’t Stand Buffeting From High Seas

By Tony Capaccio (Bloomberg) — The U.S. Navy is spending millions of dollars to repair new high-speed transport ships built by Austal Ltd. because their

January 14, 2016
Total Views: 248

Cheniere Energy's Sabine Pass LNG Terminal. Photo credit: HDR, Inc.
Maritime News

First Sabine Pass LNG Export Delayed to Late February or March

Christine Buurma and Harry R. Weber (Bloomberg) — Cheniere Energy Inc. said its first cargo of liquefied natural gas from its new Louisiana export

January 14, 2016
Total Views: 7

Wednesday, January 13, 2016
Flood Outlook Improves for Lower Mississippi Region
Maritime News

Flood Outlook Improves for Lower Mississippi Region

By Tim Loh (Bloomberg) — The threat of flooding is subsiding across the lower Mississippi River region just two weeks after high waters devastated parts

January 13, 2016
Total Views: 9

Iran Sanctions Seen Lifted by Monday Under Nuclear Deal
Maritime News

Iran Sanctions Seen Lifted by Monday Under Nuclear Deal

By Jonathan Tirone and Golnar Motevalli (Bloomberg) — A decade of sanctions imposed on Iran’s nuclear program may come to an end by Monday, unlocking

January 13, 2016
Total Views: 19

Tuesday, January 12, 2016
China Coast Guard Ship
Maritime News

China Coast Guard’s New Mega-Cutter Nicknamed ‘The Beast’ to Patrol South China Sea

By David Tweed (Bloomberg) — China has nearly finished a giant coast guard ship and will probably deploy it armed with machine guns and shells in the

January 12, 2016
Total Views: 480

Cheniere Energy's Sabine Pass LNG Terminal. Photo credit: HDR, Inc.
Interesting

Tugboats Left Useless Find Work in U.S. LNG Exports

By Naureen S. Malik (Bloomberg) — Somewhere in the Gulf of Mexico right now, the Energy Atlantic is headed for Louisiana to collect an historic cargo:

January 12, 2016
Total Views: 45

Shipyards Vanish as China Loses Appetite for Consuming Iron Ore
Maritime News

Shipyards Vanish as China Loses Appetite for Consuming Iron Ore

By Kyunghee Park (Bloomberg) — The weakening yuan and China’s waning appetite for raw materials have come around to bite the country’s shipbuilders,

January 12, 2016
Total Views: 23

BP Plans to Cut 4,000 More Oil Jobs
Maritime News

BP Plans to Cut 4,000 More Oil Jobs

By Rakteem Katakey (Bloomberg) — BP Plc plans to cut 4,000 jobs in its crude- oil production division this year as prices trade near a 12-year low. The

January 12, 2016
Total Views: 2

Monday, January 11, 2016
maersk drilling rig
Maritime News

Maersk Faces ‘Toxic Cocktail’ in 2016, Analyst Nordea Says

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is a conglomerate with about 900 different divisions, but investors only really need to worry

January 11, 2016
Total Views: 34

Friday, January 8, 2016
Mexican Oil Fields Lure Next Generation of Wildcatters
Maritime News

Mexican Oil Fields Lure Next Generation of Wildcatters

By Adam Williams (Bloomberg) — While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos

January 8, 2016
Total Views: 7
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