Bloomberg

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Monday, February 18, 2013
songa trym
News

Songa Offshore Shares Skyrocket as Trym Rig Leaves Yard

Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and

February 18, 2013
Total Views: 3

Suez Canal
News

Suez Canal Tanker Traffic Slides in January Amid Strikes, Riots

Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to

February 18, 2013
Total Views: 6

Sunday, February 17, 2013
port of santos brazil
News

Brazilian Port Workers Plan Strike, Union Talks With Government “Have Been Bad”

Workers at Brazil’s Santos port will participate in a six-hour work stoppage on Feb. 22 to protest government plans for shipping terminals in the

February 17, 2013
Total Views: 3

Friday, February 15, 2013
dockwise vanguard

Dockwise Vanguard Loads Largest Offshore Platform on Maiden Voyage

By Isaac Arnsdorf Feb. 15 (Bloomberg) — The world’s largest heavy transport vessel loaded the biggest semi-submersible offshore platform hull for

February 15, 2013
Total Views: 92

Carnival Triumph Delivers Latest Black Eye to Cruise Ship Giant

By Margaret Newkirk and Christopher Palmeri Feb. 15 (Bloomberg) — Robin Burgess was enjoying the last full day of her cruise on Feb. 10 when she smelled

February 15, 2013
Total Views: 32

LNG Capricorn mitsui o.s.k. lines
News

Petrobras May Receive Cargo of North American LNG as Ship Arrives in Brazilian Port

Petroleo Brasileiro SA may receive a spot cargo of liquefied natural gas from the U.S. today, according to ship-tracking data. The LNG Capricorn, with a

February 15, 2013
Total Views: 8

Frontline Crude Oil Tankers VLCC
News

Tankers Earning Zero Seen Spurring Ships’ Removal From Service

Earnings are about zero for the biggest oil tankers, hauling almost half the world’s seaborne crude, and owners of the ships may opt to remove them from

February 15, 2013
Total Views: 12

STX Frontier LNG carrier hoegh lng
News

Hoegh: LNG Price Gap will Support Shipping Fleet Expansion in the Near Term

The price gap between liquefied natural gas in Asia and Europe will support demand for shipping even as new vessels are built before fuel output expands,

February 15, 2013
Total Views: 5

Thursday, February 14, 2013
transocean
News

Transocean Guilty Plea Accepted by Judge, Investors React Positively

Transocean Ltd. and federal prosecutors won approval of the oil driller’s agreement to plead guilty to violating the U.S. Clean Water Act for its role in

February 14, 2013
Total Views: 1

amphitrite post-panamax bulk carrier diana shipping
News

South American Grains Fuel Higher Day Rates for Panamax Ships, Capesizes Decline

Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and

February 14, 2013
Total Views: 9

News

LNG Supply Disruptions in Nigeria and Egypt Seen Curbing Shipping Rates

Disruptions to the supply of liquefied natural gas in Nigeria and Egypt will curb shipping rates as more vessels compete for fewer cargoes of the fuel,

February 14, 2013
Total Views: 1

lpg carrier ayame
News

With Cheap LPG, U.S. is Set to Become Net Exporter for First Year Ever

The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders

February 14, 2013
Total Views: 0

Wednesday, February 13, 2013
Finance

IRS Seeks $463 Million in Taxes From Overseas Shipholding Group

Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt

February 13, 2013
Total Views: 3

Tsuru coal carrier
News

Rates for Panamax Coal Carriers Boosted by Increased U.S. Exports

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.

February 13, 2013
Total Views: 0

crowley florida mr tanker jones act
News

Jones Act Tankers Earn Record Rates as U.S. Crude Production Ramps Up

Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws prohibit exports. Rates for Jones

February 13, 2013
Total Views: 13

Tuesday, February 12, 2013

Citigroup: Bulk-Shipping Recovery Starting in 2014

By Michelle Wiese Bockmann (Bloomberg) — Earnings for ships that carry dry- bulk commodities are set to start recovering in 2014 as fleet growth slows to

February 12, 2013
Total Views: 2

LPG Tankers to Gain on U.S. Shale Boom, Says Clarkson

By Isaac Arnsdorf (Bloomberg) — Tankers hauling liquefied petroleum gas will gain as shale oil and gas production boosts U.S. exports and fleet growth

February 12, 2013
Total Views: 0

Offshore

Shell’s Damaged Kulluk Rig Heading to Asia for Repairs

In fact, Shell is sending both Alaskan rigs to Asia for repairs By Brian Swint (Bloomberg) — Royal Dutch Shell Plc sent two of its drill rigs in Alaska

February 12, 2013
Total Views: 4

Monday, February 11, 2013
bulk carrier liberty maritime grain

Baltic Dry Index Slides a Second Day as China’s New Year Quiets Market

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of costs to transport minerals and grains by sea, fell for a second session as

February 11, 2013
Total Views: 1

Freeport LNG terminal
News

BP Signs 20-Year Export Contract with Freeport LNG

BP Plc, Europe’s second-biggest energy company, signed a deal to export U.S. gas from the Freeport terminal in Texas, joining Royal Dutch Shell Plc,

February 11, 2013
Total Views: 7