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Friday, September 23, 2016
Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging
Shipping News

Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging

By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,

September 23, 2016
Total Views: 90

Thursday, September 22, 2016
Offshore Wind Tries to Lift Rig Builders Past Oil’s Downturn
News

Offshore Wind Tries to Lift Rig Builders Past Oil’s Downturn

By Joe Ryan (Bloomberg) — Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With

September 22, 2016
Total Views: 82

Maersk Ends Mega-Ship Building Era With Focus on Takeovers
Shipping News

Maersk Ends Mega-Ship Building Era With Focus on Takeovers

By Christian Wienberg (Bloomberg) — The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue

September 22, 2016
Total Views: 392

maersk valiant
News

Maersk Falls Out of Love With Oil, But It’s a Gentle Breakup

By Chris Hughes (Bloomberg Gadfly) — AP Moeller-Maersk is the latest company to do the splits. But the Danish conglomerate isn’t going for a dramatic

September 22, 2016
Total Views: 109

Wednesday, September 21, 2016
Hanjin Philadelphia at the Port of Oakland
News

Cargo Unloading Delays Could Make Hanjin Revival ‘Impossible’, Court Says

By Kyunghee Park (Bloomberg) — The South Korean court overseeing the receivership application of Hanjin Shipping Co. said the stranded vessels of

September 21, 2016
Total Views: 41

Tuesday, September 20, 2016
deepwater pathfinder
News

At $500 Million a Pop, Stacking Drillships is a Gamble That Has No Precedent

By David Wethe (Bloomberg) — In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing

September 20, 2016
Total Views: 174

World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014
News

World News: Libya Ramps Up Crude Exports as Ports Reopen for First Time Since 2014

By Saleh Sarrar and Hatem Mohareb (Bloomberg) — Libya boosted crude production by more than 70 percent since August as some oil fields resumed output and

September 20, 2016
Total Views: 21

Monday, September 19, 2016
littoral combat ship
News

U.S. Senators McCain, Reed Target $29 Billion Littoral Ship for More Changes

By Tony Capaccio (Bloomberg) — The Senate’s two top defense policy lawmakers want the U.S. Navy to make additional major changes to the

September 19, 2016
Total Views: 31

hanjin ship
Shipping News

Hanjin Told to Return All Chartered Ships to Owners

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court

September 19, 2016
Total Views: 40

Friday, September 16, 2016
After Brexit Blow, Wind Parks at Sea Undermine Carbon Prices
Shipping News

After Brexit Blow, Wind Parks at Sea Undermine Carbon Prices

By Mathew Carr (Bloomberg) — In shallow waters off the Dutch coast, you’ll soon see why the world’s biggest carbon market is struggling with slumping

September 16, 2016
Total Views: 76

News

Record Oil Demand Buffers One Corner of Shipping From Slump

By Saket Sundria and Dhwani Pandya (Bloomberg) — As the shipping industry grapples with a prolonged slump in demand, carriers in India are grateful for

September 16, 2016
Total Views: 68

Thursday, September 15, 2016
hanjin ship
Shipping News

Hanjin Cargo Owners Say Bid to Unload Vessels Isn’t Working

By Tiffany Kary (Bloomberg) — Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the U.S. while it goes through bankruptcy in South Korea

September 15, 2016
Total Views: 73

Offshore Drillers Brace for More Pain Even With Bottom in Sight
Offshore

Offshore Drillers Brace for More Pain Even With Bottom in Sight

By Mikael Holter (Bloomberg) — Offshore oil-rig operators, grappling with the biggest industry downturn in a generation, say they finally have the bottom

September 15, 2016
Total Views: 86

rickmers maritime
News

Rickmers Seeks Restructuring as Industry Woes Mount

By David Yong (Bloomberg) — A Singapore-based shipping trust that operates container ships is asking creditors for leniency on about $253 million of

September 15, 2016
Total Views: 63

Wednesday, September 14, 2016
Megaships May Be Too Big Not to Fail -View
Shipping News

Megaships May Be Too Big Not to Fail -View

By Justin Fox (Bloomberg View) — It was always going to be tough for the world’s container shipping lines — accustomed to decade after decade

September 14, 2016
Total Views: 56

hapag-lloyd containership
News

Hanjin Collapse May Spur Shipping Consolidation, Hapag-Lloyd CEO Says

By Nicholas Brautlecht (Bloomberg) — The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to

September 14, 2016
Total Views: 98

Singapore’s Marco Polo Marine Seeks to Delay Bond Payment Amid Business Review
News

Singapore’s Marco Polo Marine Seeks to Delay Bond Payment Amid Business Review

by David Yong (Bloomberg) — A Singapore provider of barges and tugs for coal, steel scrap and iron ores plans to ask bondholders for approval to delay

September 14, 2016
Total Views: 109

Tuesday, September 13, 2016
Last Holdout in Korean War Sees Once-Busy Docks Idled by Hanjin
News

Last Holdout in Korean War Sees Once-Busy Docks Idled by Hanjin

By Heejin Kim (Bloomberg) — The Hanjin Shipping Co. terminal at South Korea’s largest port used to be one of the world’s busiest. Dozens of

September 13, 2016
Total Views: 80

Suezmax Aegean Unity new panama canal locks
News

Oil Map Redrawn When Cheap Tankers Make Crazy Voyages Profitable

By Tracy Alloway and Javier Blas (Bloomberg) — From Norway to the Bahamas, from Algeria to Australia. Ultra-low crude prices combined with cheap shipping

September 13, 2016
Total Views: 42

Is Hanjin Collapse a ‘Lehman’ Moment for Shipping?
News

Is Hanjin Collapse a ‘Lehman’ Moment for Shipping?

By Rishaad Salamat and Kyunghee Park (Bloomberg) — The fall of South Korea’s biggest container line Hanjin Shipping Co. is similar to the 2008

September 13, 2016
Total Views: 142