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Tuesday, November 29, 2016
BAE Shouldn’t Get to Build U.K.’s New Frigate, Review Says
Shipping News

BAE Shouldn’t Get to Build U.K.’s New Frigate, Review Says

By Benjamin Katz (Bloomberg) — BAE Systems Plc’s Scottish dockyards should be excluded from the lead role on a new class of Royal Navy frigate in

November 29, 2016
Total Views: 47

maersk valiant
News

World’s Biggest Shipping Line Can’t Kick Its Oil Habit

By Chris Bryant (Bloomberg Gadfly) — Soren Skou doesn’t hang around. Shortly after he became chief executive of AP Moller-Maersk A/S in the summer,

November 29, 2016
Total Views: 82

Monday, November 28, 2016
HSH Nordbank Office
Finance

HSH Nordbank Starts Talks With Potential Buyers

(Bloomberg) HSH Nordbank AG will stick to its full-year outlook when it reports nine-months results next week, a crucial yardstick for potential investors as

November 28, 2016
Total Views: 75

havila-shipping-boat
Finance

Havila Shipping Fends Off Bankruptcy

by Luca Casiraghi (Bloomberg) Havila Shipping ASA avoided a potential bankruptcy filing, after bondholders accepted a debt-restructuring deal hours before a

November 28, 2016
Total Views: 84

Saturday, November 26, 2016
Tug Boat With Water Giant Bag
Environment

Towing Giant Bags of Water To Fight Drought

(Bloomberg) Auke Piek, a 44-year-old Dutch engineer, says he has a solution to the Caribbean’s worst drought in half a century — and it lies hundreds

November 26, 2016
Total Views: 494

Friday, November 25, 2016
china ship
Navy

China Warns That U.S. Naval Patrols Threaten Sovereignty

(Bloomberg) American military vessels and aircraft carried out more than 700 patrols in the South China Sea region during 2015, making China the U.S.’s No. 1

November 25, 2016
Total Views: 42

Bosphorus
Shipping News

Tanker Rates Seen Dragged Down by OPEC Production Cuts

By Firat Kayakiran (Bloomberg) — As OPEC discusses the deepest cuts to oil production in years, one group of people in the energy supply chain are

November 25, 2016
Total Views: 16

Wednesday, November 23, 2016
Trump Shifts Tone on Climate Change, Environmentalists Scoff
Shipping News

Trump Shifts Tone on Climate Change, Environmentalists Scoff

By Joe Ryan (Bloomberg) — Donald Trump, who called climate change a hoax during his campaign and vowed to pull out of the Paris accord, now says

November 23, 2016
Total Views: 22

offshore oil rig Statoil
Offshore

Norway Oil Producers Deepen Record Spending Cuts Amid Rout

By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore

November 23, 2016
Total Views: 64

north sea oil rig with offshore workboat alongside
News

North Sea Oil Glut to Get Short-Term Relief

By Laura Hurst and Brian Wingfield (Bloomberg) — A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised

November 23, 2016
Total Views: 12

Tuesday, November 22, 2016
Trump Outlines 100-Day Plan – Trans-Pacific Partnership and ‘Job Killing’ Energy Regulations at Top of List
News

Trump Outlines 100-Day Plan – Trans-Pacific Partnership and ‘Job Killing’ Energy Regulations at Top of List

By Jennifer Jacobs, Jennifer Epstein and Kevin Cirilli (Bloomberg) — President-elect Donald Trump vowed to start the U.S. withdrawal from the

November 22, 2016
Total Views: 89

Friday, November 18, 2016
America’s on Track to Export a Record Volume of Shale Gas in November
Shipping News

America’s on Track to Export a Record Volume of Shale Gas in November

By Jim Polson (Bloomberg) — The U.S. is set to export a record number of cargoes of shale gas this month. Nine liquefied natural gas tankers have

November 18, 2016
Total Views: 74

auger tension leg platform
News

Obama’s Offshore-Oil Plan Forces Drillers to Focus on U.S. Gulf

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in U.S. Arctic waters

November 18, 2016
Total Views: 33

Offshore

Oil Wildcatters Flee African Deep Water to Weather Rout

By Paul Burkhardt (Bloomberg) — Drillers burned by a two-year slump in crude prices are slowing exploration of deep-water prospects off the coast of

November 18, 2016
Total Views: 53

Wednesday, November 16, 2016
Obama Said to Block Selling New Drilling Rights in U.S. Arctic
News

Obama Said to Block Selling New Drilling Rights in U.S. Arctic

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration is set to block the sale of new oil and gas drilling rights in U.S. Arctic waters under a

November 16, 2016
Total Views: 19

offshore oil rig Statoil
News

Worst Still to Come for Norway Offshore Fleet as More Rigs Idled

By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is

November 16, 2016
Total Views: 71

Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts
Shipping News

Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts

By Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc will close the bulk of sites at its marine-engine and ship-design unit and shift some

November 16, 2016
Total Views: 52

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?
Shipping News

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?

By Julie Verhage (Bloomberg) — A 1,500 percent stock surge since Nov. 8? It’s possible in Trump’s America. DryShips Inc., which owns tankers

November 16, 2016
Total Views: 46

Tuesday, November 15, 2016
Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win
News

Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently

November 15, 2016
Total Views: 61

Nordic Welfare Utopias Risk Thumping by Trump
News

Nordic Welfare Utopias Risk Thumping by Trump

By Peter Levring (Bloomberg) — The Nordic welfare utopias of former presidential candidate Bernie Sanders are feeling the pinch of slowing global

November 15, 2016
Total Views: 29