Does Shipping Tell the Real Story of China? You Should Hope Not
By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth
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By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth
By David Wethe (Bloomberg) — The relatively unheralded corner of the oil sector that sends supply boats out to offshore oil rigs may see bankruptcies as
By Kyunghee Park and Joyce Koh (Bloomberg) — CMA CGM SA’s S$3.38 billion ($2.4 billion) takeover of Neptune Orient Lines Ltd. offers two advantages for
By Selcan Hacaoglu (Bloomberg) — Turkey released three of four Russian ships that it detained this month at a Black Sea port for maritime safety
By Mikael Holter (Bloomberg) — Russian oil companies OAO Rosneft and Lukoil PJSC were among 26 explorers to apply for blocks in Norway’s new licensing
By Naomi Christie and Manisha Jha (Bloomberg) — Oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and
By Mikael Holter (Bloomberg) — Norway is holding talks with Russia on rules for seismic studies of oil and gas fields on each side of their maritime
Federal prosecutors dropped manslaughter charges against BP’s two top employees on the Transocean oil rig Deepwater Horizon that blew up in 2010, the
By Joyce Koh (Bloomberg) — CMA CGM SA, the world’s No. 3 container shipping company, is in talks with lenders to finance its potential takeover bid for
by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA
Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest
The Pacific Ocean is warm. Very warm. Last week, NOAA‘s U.S. Climate Prediction Center announced temperatures reached 3 degrees Celsius
By Jasmine Ng (Bloomberg) — Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic
by Lily Nonomiya (Bloomberg) Japan plans to renew its research hunt for whales in the Antarctic, ending an almost two-year hiatus prompted by an
By Dulue Mbachu (Bloomberg) — Nigeria is investigating the abduction of five Polish crew members after their vessel was attacked by gunmen in the
By Christian Wienberg (Bloomberg) — The top-ranked analyst covering A.P. Moeller-Maersk has turned bullish on the stock. Investors who listened to Frans
by Carol Matlack (Bloomberg) – As Europe hastens to find housing for a tidal wave of refugees, some countries
By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, reported its first quarterly loss since
By Bloomberg News (Bloomberg) — Neptune Orient Lines Ltd. surged to its highest in almost seven months in Singapore trading after Southeast Asia’s
By Mikael Holter (Bloomberg) — The number of Norwegian offshore vessels with nothing to do has gone from zero to 100 in just a year. And the woes are
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