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Thursday, June 23, 2016
hmm containership
Shipping News

Hyundai Merchant Marine Surges On Talks to Join 2M Alliance

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for

June 23, 2016
Total Views: 27

Tuesday, June 21, 2016
Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit
Shipping News

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit

By Robert Hutton, Alex Morales and Svenja O’Donnell (Bloomberg) — Prime Minister David Cameron made an impassioned plea to the British people to

June 21, 2016
Total Views: 28

Monday, June 20, 2016
seadrill drillship
Offshore

India’s ONGC Plans Biggest Crude Exploration Binge

By Saket Sundria, Debjit Chakraborty and Dhwani Pandya (Bloomberg) — Oil and Natural Gas Corp., India’s biggest explorer, is preparing to spend on its

June 20, 2016
Total Views: 36

Friday, June 17, 2016
Seaspan Denies Hanjin Fee Cut Dealing Blow to Shipping Line
News

Seaspan Denies Hanjin Fee Cut Dealing Blow to Shipping Line

By Kyunghee Park (Bloomberg) — Seaspan Corp., a container ship-leasing company, said it won’t accept Hanjin Shipping Co.’s request for a cut in

June 17, 2016
Total Views: 69

Tuesday, June 14, 2016
cma cgm ship
Shipping News

Future Looks Bleak for Ultra Large Containerships -View

By Adam Minter (Bloomberg View) — In December, the quarter-mile-long Benjamin Franklin became the largest cargo ship ever to dock at a U.S. port. Five

June 14, 2016
Total Views: 73

hanjin shipping boston containership
Shipping News

Hanjin Shipping Rises Amid Merger Talks

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co. gained the most in a week in Seoul trading as concerns that the unprofitable shipping line wouldn’t

June 14, 2016
Total Views: 58

Saturday, June 11, 2016
ORACLE_TEAM_USA_competing_in_the_Americas_Cup_World_Series_in_Portsmouth_UK1
Blog

Team Oracle Hires Airbus To Build Flying Yacht

(Bloomberg) To defend sailing’s oldest trophy, billionaire Larry Ellison’s Oracle Team USA is enlisting help from European planemaker Airbus Group SE. The

June 11, 2016
Total Views: 97

Friday, June 10, 2016
PFLNG Satu
Shipping News

World’s First Floating LNG Plant Misses the Boat on LNG Pricing

By Dan Murtaugh and James Paton (Bloomberg) — It’s longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas

June 10, 2016
Total Views: 172

Thursday, June 9, 2016
hyundai heavy industries shipbuilding
News

Battered Korean Yards Battle Slump With State-Led Overhaul

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards, battered by the deepest industry slump in at least two decades, are getting a

June 9, 2016
Total Views: 29

west gemini drillship
News

Seadrill Will Make Second Bond Swap in a Month to Trim Debt Load

By Rakteem Katakey (Bloomberg) — Seadrill Ltd., the offshore driller seeking to cut its debt load, agreed to swap bonds for equity in the second such

June 9, 2016
Total Views: 66

Expanded Panama Canal Preparing for New Era of LNG
Shipping News

Expanded Panama Canal Preparing for New Era of LNG

By Michael McDonald and Naureen S. Malik (Bloomberg) — Panama said it expects 20 million tons of liquefied natural gas to pass through its canal annually

June 9, 2016
Total Views: 36

Wednesday, June 8, 2016
hyundai heavy shipyard
News

World’s Top Three Shipyards Submit Plans to Raise $7.3 Billion in Revamp

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards plan to raise a combined 8.41 trillion won ($7.3 billion) selling assets as part of

June 8, 2016
Total Views: 54

China Plans Manned Subsea ‘Space Station’ in South China Sea
News

China Plans Manned Subsea ‘Space Station’ in South China Sea

By Bloomberg News (Bloomberg) — China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South

June 8, 2016
Total Views: 105

hyundai merchant marine
News

Hyundai Merchant Marine Falls on Concern Over Debt Plan

By Nikita Mathur and Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, fell the most in three

June 8, 2016
Total Views: 69

DSME Shipyard South Korea
Shipping News

South Korean Prosecutors Raid DSME Offices

By Kyunghee Park (Bloomberg) — South Korea’s prosecutors raided the offices of Daewoo Shipbuilding & Marine Engineering Co. as the world’s

June 8, 2016
Total Views: 24

Monday, June 6, 2016
France Wants Coordinated EU Patrols in South China Sea
Shipping News

France Wants Coordinated EU Patrols in South China Sea

By David Roman (Bloomberg) — France will urge European Union nations to coordinate navy patrols to ensure a “regular and visible” presence in the

June 6, 2016
Total Views: 75

Friday, June 3, 2016
Offshore Wind Turbines At Sea
Shipping News

New York Has a Plan to Make Long Island Offshore Wind Cheaper

By Joe Ryan (Bloomberg) — New York State is mounting a broad effort to reduce the cost of building a wind farm off the coast of Long Island, an

June 3, 2016
Total Views: 36

Thursday, June 2, 2016
Rusty Ships and Unused Aircraft Carriers: the Other Side of Asia’s Militaries
Shipping News

Rusty Ships and Unused Aircraft Carriers: the Other Side of Asia’s Militaries

By David Tweed and Kristine Servando (Bloomberg) — As China spends billions to upgrade and reorganize the People’s Liberation Army, the

June 2, 2016
Total Views: 605

Monday, May 30, 2016
STX Offshore Files for Court’s Aid Amid Korean Industry Woes
News

STX Offshore Files for Court’s Aid Amid Korean Industry Woes

By Kyunghee Park (Bloomberg) — South Korean shipbuilder STX Offshore & Shipbuilding Co. filed for court protection, the latest trouble to surface in

May 30, 2016
Total Views: 90

barents sea drilling
News

Battered by Crude Collapse, Norway Now Faces Risk of Oil Strikes

By Mikael Holter (Bloomberg) — Norway’s oil companies and the industry’s biggest union had set aside two days to negotiate over wages for offshore

May 30, 2016
Total Views: 59