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Thursday, May 25, 2017
Atlantic Hurricane Season May Bring More Storms Than Normal
News

Atlantic Hurricane Season May Bring More Storms Than Normal

By Brian K. Sullivan (Bloomberg) — The Atlantic hurricane season will likely churn out an above-average 11 to 17 named storms, in part due to fading odds

May 25, 2017
Total Views: 102

Wednesday, May 24, 2017
seadrill falls
News

Seadrill Debt Talks Progress and New CEO Named

By Mikael Holter (Bloomberg) — Seadrill Ltd. jumped as much as 26 percent as the offshore driller controlled by John Fredriksen said it’s getting

May 24, 2017
Total Views: 54

Tuesday, May 23, 2017
News

International Joint Venture Spuds Mexico’s First Private Well in 80 Years

By Alex Nussbaum (Bloomberg) — For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters — the

May 23, 2017
Total Views: 25

Trump’s $575 Billion Defense Budget Delays Promised Buildup
News

Trump’s $575 Billion Defense Budget Delays Promised Buildup

Trump’s campaign promise for a 350-ship Navy will have to wait at least a year. The 2018 budget proposal includes the purchasing of eight additional

May 23, 2017
Total Views: 57

auger tension leg platform
Interesting

Trump’s Budget Proposes Selling Off Half of U.S. Oil Stockpile, Kills Offshore Oil Revenue Sharing by Gulf States

By Catherine Traywick and Jennifer A. Dlouhy (Bloomberg) — The White House plan to trim the national debt includes selling off half of the nation’s

May 23, 2017
Total Views: 64

Monday, May 22, 2017
From Deep in Atlantic, Titanic Relics Sail Toward Auction
Shipping News

From Deep in Atlantic, Titanic Relics Sail Toward Auction

By Eliza Ronalds-Hannon (Bloomberg) — The Titanic may be under 2.5 miles of water, but wreckage from the doomed ship could fetch close to $220 million at

May 22, 2017
Total Views: 92

sabine pass lng exports
News

China Love for U.S. Gas Begins as Trump Rolls Out Red Carpet

By Bloomberg News (Bloomberg) — Let the gushing begin. After an executive from U.S. liquefied natural gas exporter Cheniere Energy Inc. spoke to a few

May 22, 2017
Total Views: 8

BP Starts North Sea Oil Project That Will Help Double Its U.K. Output
Shipping News

BP Starts North Sea Oil Project That Will Help Double Its U.K. Output

By Rakteem Katakey (Bloomberg) — BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double the

May 22, 2017
Total Views: 29

Friday, May 19, 2017
Escalating Dockworkers’ Conflict Now Threatens Swedish Economy
News

Escalating Dockworkers’ Conflict Now Threatens Swedish Economy

By Niclas Rolander and Hanna Hoikkala (Bloomberg) — As a drawn-out labor conflict at the Nordic region’s largest port escalates, some of Sweden’s

May 19, 2017
Total Views: 33

shipping containers
News

Global Expansion Is In Sync, Even If Chaos Reigns Elsewhere

By Theophilos Argitis and Blaise Robinson (Bloomberg) — With the first-quarter earnings season coming to a close, the verdict is in on the synchronized

May 19, 2017
Total Views: 23

Tuesday, May 16, 2017
autonomous ship
Shipping News

Ships Without Sailors? It Can’t Happen Soon Enough -Opinion

By Adam Minter (Bloomberg View) — It sounds like a ghost story: A huge cargo vessel sails up and down the Norwegian coast, silently going about its

May 16, 2017
Total Views: 120

Scottish Offshore Wind May Get Lift After Bird Ruling
News

Scottish Offshore Wind May Get Lift After Bird Ruling

By Jessica Shankleman (Bloomberg) — Scottish judges paved the way for as much as 10 billion pounds ($13 billion) to be invested in offshore

May 16, 2017
Total Views: 70

Monday, May 15, 2017
maersk line
News

World’s Biggest Container Line Scales Down Bond-Market Reliance

By Christian Wienberg (Bloomberg) — The world’s biggest container shipping company and Denmark’s largest issuer of corporate bonds may rely less on

May 15, 2017
Total Views: 1195

ovation of the seas hong kong
News

Pandas and Beauty Queens Lure Chinese Groups to Cruise Ships

By Bloomberg News (Bloomberg) — Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy play

May 15, 2017
Total Views: 54

Friday, May 12, 2017
Trump’s Misguided Plan for Arctic Drilling -Opinion
News

Trump’s Misguided Plan for Arctic Drilling -Opinion

By Shelley Goldberg (Bloomberg Prophets) — President Donald Trump is pressing for offshore drilling in the Arctic Sea. In April, he signed an executive

May 12, 2017
Total Views: 65

Thursday, May 11, 2017
maersk line
News

Maersk Soars as CFO Says Liner Business `Definitely’ Improving

By Christian Wienberg (Bloomberg) — Shares in A.P. Moller-Maersk A/S soared as the company behind the world’s biggest container shipping liner pointed

May 11, 2017
Total Views: 15

Wednesday, May 10, 2017
offshore wind turbine
News

German Lawmakers Reject Calls to Expand Offshore Wind Auctions

By Brian Parkin (Bloomberg) — Calls from the industry and utilities including Vattenfall AB for Germany to auction more offshore wind blocs are unlikely

May 10, 2017
Total Views: 62

hyundai heavy shipyard
Offshore

Hyundai Heavy’s $11 Billion Breakup Paves Way for More Deals

By Abhishek Vishnoi and Kyunghee Park (Bloomberg) — The world’s second-largest shipbuilder has split itself into four companies, a move that would

May 10, 2017
Total Views: 101

Tuesday, May 9, 2017
containership
News

World’s Dirtiest Fuel Seen Holding Out Even as Ships Clean Up

By Laura Blewitt (Bloomberg) — Even as the owners of ships carrying everything from bananas to oil spend billions of dollars to meet tighter clean-air

May 9, 2017
Total Views: 35

Monday, May 8, 2017
161013-n-su278-229
Shipping News

U.S. Will Still Test Beijing’s South China Sea Claims, Navy Says

By Rosalind Mathieson (Bloomberg) — The U.S. Navy will still challenge claims by nations like China to exclusive access in the South China Sea,

May 8, 2017
Total Views: 23