Bloomberg

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Monday, March 20, 2017
offshore oil rig Statoil
News

Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

By Mark Shenk (Bloomberg) — Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. Futures

March 20, 2017
Total Views: 28

Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery
News

Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery

By Mikael Holter (Bloomberg) — Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree

March 20, 2017
Total Views: 79

Sunday, March 19, 2017
Fishing Net Tangled With Hawser
Finance

Fredriksen’s Fish Stocks Need Filleting Says Norway Fund

by Jonas Cho Walsgard (Bloomberg) Fish farmers will need to get more kroner out of every fish to provide the next lift for the Oslo exchange’s

March 19, 2017
Total Views: 58

Friday, March 17, 2017
EU NAVFOR naval anti pirate ops Somalia
Maritime Security Incidents

Somali Piracy Risk Still High, Warns UN

The hijacking of a tanker off Somalia’s coast shows the threat pirates still pose to one of the world’s busiest shipping lanes, a risk that may also

March 17, 2017
Total Views: 43

German Ports Push Back Against Trump
Ports

German Ports Push Back Against Trump

When Michael von Harten started loading cars onto ships in the German port of Bremerhaven 27 years ago, the facility handled some 700,000 vehicles a year. That

March 17, 2017
Total Views: 57

Thursday, March 16, 2017
quintessentially-one-mega-yacht
Shipping News

How To Sail Aboard The World’s Biggest Megayacht

by Nikki Ekstein (Bloomberg) It takes a lot of good business to be able to afford a megayacht. But owning one is very, very bad business, according to Aaron

March 16, 2017
Total Views: 72

Wednesday, March 15, 2017
Bell Helicopter FCX-001 chopper
Offshore

Inside The Sleekest Offshore Crew Helicopter That Will Never Fly

by Justin Bachman (Bloomberg) At the helicopter industry’s largest trade show last week, dozens of aircraft were parked over 7 acres of Dallas convention

March 15, 2017
Total Views: 359

Celebrity Edge Class Cruise Ship
Ship Design

Royal Caribbean Jettisons Balconies And Adopts RFID Tracking In New Celebrity Edge Class Design

by Nikki Ekstein (Bloomberg) Richard Fain, the chief executive officer of Royal Caribbean Cruises Ltd., is willing to bet $5 billion that he can take

March 15, 2017
Total Views: 443

Tuesday, March 14, 2017
Shipping Stocks That Soared After the Election Have Now Tanked
News

Shipping Stocks That Soared After the Election Have Now Tanked

By Julie Verhage (Bloomberg) — Almost as quickly as it happened, it was gone. Shortly after President Donald Trump was elected on Nov. 8, the stock

March 14, 2017
Total Views: 31

Sunday, March 12, 2017
Opening Arctic Waters to Drilling Is Trump Priority, Key Senator Says
Shipping News

Opening Arctic Waters to Drilling Is Trump Priority, Key Senator Says

By Jennifer A. Dlouhy and Catherine Traywick (Bloomberg) — Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal

March 12, 2017
Total Views: 66

Thursday, March 9, 2017
America May Be the World’s Biggest LNG Supplier in Two Decades
News

America May Be the World’s Biggest LNG Supplier in Two Decades

By Ryan Collins and Robert Tuttle (Bloomberg) — By 2035, the U.S. may have surpassed Australia and Qatar to become the world’s biggest supplier of

March 9, 2017
Total Views: 40

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea
Offshore

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea

By Jessica Shankleman and Brian Parkin (Bloomberg) — Water and electric power plants don’t mix well naturally, unless you add some wind. Water tends to

March 9, 2017
Total Views: 132

Tuesday, March 7, 2017
Singapore’s Stock Rally Looks to Be Floating on Foam
News

Singapore’s Stock Rally Looks to Be Floating on Foam

By Christopher Langner (Bloomberg Gadfly) — Read the shipping and offshore oil industry news in Singapore and you’d be forgiven for imagining the

March 7, 2017
Total Views: 39

Monday, March 6, 2017
USS Milwaukee (LCS 5) during sea trials
News

Pentagon Blocks Littoral Combat Ship Cost Overrun Info From a GAO Report

By Tony Capaccio (Bloomberg) — The Pentagon office that reviews information to determine whether it’s classified has blocked publication of

March 6, 2017
Total Views: 160

Friday, March 3, 2017
DSME Shipyard South Korea
News

Where South Korea’s Teetering, Debt-Laden Companies Go to Bank

By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —

March 3, 2017
Total Views: 68

Thursday, March 2, 2017
Shipping News

Dubai Shipowner Weighs Share Sale, Islamic Bonds in Expansion

By Yousef Gamal El-Din and Sam Wilkin (Bloomberg) — Gulf Navigation Holding PJSC may sell shares or Islamic bonds as the Dubai-based shipowner plans to

March 2, 2017
Total Views: 819

Tuesday, February 28, 2017
America Looks Set to Export First LNG on Canada’s Behalf
News

America Looks Set to Export First LNG on Canada’s Behalf

By Naureen Malik (Bloomberg) — A year after shipping its first cargo of shale gas overseas, the U.S. is looking to do the same for Canada. Cheniere

February 28, 2017
Total Views: 29

Wilbur Ross Confirmed as Commerce Secretary
Shipping News

Wilbur Ross Confirmed as Commerce Secretary

By Andrew Mayeda (Bloomberg) — Billionaire Wilbur Ross was confirmed as U.S. Commerce secretary by the Senate, clearing the way for one of President

February 28, 2017
Total Views: 31

Monday, February 27, 2017
News

BHP Says `Bloody Awful’ Trade Pledges Risk Deflating Trump Pump

By David Stringer and Danielle Bochove (Bloomberg) — The head of the world’s biggest mining company intensified his warnings that U.S. trade

February 27, 2017
Total Views: 8

Friday, February 24, 2017
us oil exports
Shipping News

Another Record Week for U.S. Oil Exports as Production Surges

By Sheela Tobben (Bloomberg) — Another week, another record for U.S. crude exports. Producers and traders shipped out 1.21 million barrels of crude a day

February 24, 2017
Total Views: 22