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Tuesday, April 5, 2016
Why the Baltic Dry’s 62% Gain Is Bad News for Shipping
News

Why the Baltic Dry’s 62% Gain Is Bad News for Shipping

By David Fickling (Bloomberg) — Here’s reason to hope that spring has arrived for the global sea freight industry: The Baltic Dry Index, a measure

April 5, 2016
Total Views: 61

Friday, April 1, 2016
asia vision lng carrier
News

U.S. Taps India as Asia’s Debut Buyer of American Shale Gas

By Debjit Chakraborty, Anna Shiryaevskaya and Harry R. Weber (Bloomberg) — Gail India Ltd. bought the second shipment of liquefied natural gas from

April 1, 2016
Total Views: 47

Wednesday, March 30, 2016
cosco
News

China Shipping Profits Sink on Low Rates, Lingering Overcapacity

By Kyunghee Park and Clement Tan (Bloomberg) — China Cosco Holdings Co. posted a 22 percent slump in earnings last year, while China Shipping Container

March 30, 2016
Total Views: 63

Tuesday, March 29, 2016
COSCO Pacific Profit Beats Estimate
News

COSCO Pacific Profit Beats Estimate

By Kyunghee Park (Bloomberg) — Cosco Pacific Ltd., the container terminal operator of China’s biggest shipping company, reported a 30 percent increase

March 29, 2016
Total Views: 53

Saturday, March 26, 2016
north-korea-ship-MV Jin Teng_HDR
Defense

North Korean Ship Released From Arrest

By Ditas B Lopez (Bloomberg) The Philippines has released a North Korean-controlled cargo ship it seized on March 4 under UN sanctions after the vessel

March 26, 2016
Total Views: 48

Friday, March 25, 2016
CNOOC Beats Estimates as Spending Cuts Cushion Oil Crash
News

CNOOC Beats Estimates as Spending Cuts Cushion Oil Crash

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost

March 25, 2016
Total Views: 22

Thursday, March 24, 2016
An undated handout photo of the Gorgon LNG project located in Western Australia.
Shipping News

Global War for Gas Market Share Claims $40 Billion LNG Casualty

By Naureen S. Malik and Stephen Stapczynski (Bloomberg) — The global LNG boom is turning into a war of attrition amid a glut in the seaborne natural gas

March 24, 2016
Total Views: 44

American Queen. Photo credit: Benroethig/Creative Commons
News

What Does the Rhine Have That the Mississippi Doesn’t? Passengers

By Justin Bachman (Bloomberg) — Take a European riverboat cruise and you get a 13th-century cathedral, vineyards lining the Douro, steaming mulled wine

March 24, 2016
Total Views: 40

Wednesday, March 23, 2016
Panama to Open $5.3B Canal Expansion June 26 or `Lose Face’
News

Panama to Open $5.3B Canal Expansion June 26 or `Lose Face’

By Michael McDonald and Naureen S. Malik (Bloomberg) — The expansion of the Panama Canal, a $5.3 billion project almost two years behind schedule and

March 23, 2016
Total Views: 81

bourbon offshore
News

Bourbon’s Chairman Weighing Bid to Take Company Private, Sources Say

By Dinesh Nair, Francois de Beaupuy and Ruth David (Bloomberg) — Bourbon SA Chairman Jacques de Chateauvieux is considering a bid to take the French oil

March 23, 2016
Total Views: 27

Tuesday, March 22, 2016
Polar Pioneer barents sea statoil
News

Transocean, Schlumberger See Oil Industry Recovery Delayed

By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market

March 22, 2016
Total Views: 98

Mundra Port
Shipping News

Botched Policy Trips India’s Dream of Shipping Hub Rivaling Singapore

By Dhwani Pandya (Bloomberg) — Gifted with a 4,700-mile coastline, India for years has wanted a world class shipping hub that could compete with regional

March 22, 2016
Total Views: 39

Monday, March 21, 2016
China Slowdown Not Holding Back Nicaragua Canal, Contractor Says
News

China Slowdown Not Holding Back Nicaragua Canal, Contractor Says

By Michael McDonald (Bloomberg) — Hong-Kong based HKND Group, contracted to build a $50 billion canal across Nicaragua, expects to start construction on

March 21, 2016
Total Views: 63

asia excellence gorgon project
News

Chevron Ships First LNG Cargo from Gorgon Mega-Project Off Northwest Australia

By James Paton (Bloomberg) — The first liquefied natural gas shipment from Chevron Corp.’s $54 billion Gorgon project off northwest Australia, the

March 21, 2016
Total Views: 99

Friday, March 18, 2016
maersk drilling rig
Shipping News

Maersk Drilling CEO Ready to Buy Used Rigs In Pricing Rejig

By Christian Wienberg and Mikael Holter (Bloomberg) — Maersk Drilling is looking into buying used oil rigs to take advantage of low prices and the

March 18, 2016
Total Views: 32

Wednesday, March 16, 2016
Hong Kong Port
News

Declining Hong Kong Port Heralds a Grim Future: View

By Adam Minter (Bloomberg View) — A little more than a decade ago, Hong Kong was the world’s busiest port. Giant vessels competed to get into the

March 16, 2016
Total Views: 167

Tuesday, March 15, 2016
U.S. Offshore Wind Cost May Drop 55% as Builders Gain Experience
News

U.S. Offshore Wind Cost May Drop 55% as Builders Gain Experience

By Joe Ryan (Bloomberg) — The cost of building wind farms off the U.S. coast may decline as much as 55 percent within 13 years, letting developers offer

March 15, 2016
Total Views: 78

asia vision lng carrier
News

First U.S. Shale Gas Export Reaches Brazil

By Harry R. Weber (Bloomberg) — The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after

March 15, 2016
Total Views: 49

asia vision lng carrier
News

LNG Carrier ‘Asia Vision’ Arrives in Brazil with First Exported U.S. Shale Gas Cargo

By Harry R. Weber (Bloomberg) — The tanker carrying the first cargo of natural gas from U.S. shale formations was entering Brazil on Tuesday after

March 15, 2016
Total Views: 163

Monday, March 14, 2016
Virginia, Ground Zero in Atlantic Drilling Debate, to Learn Its Fate Soon
News

Virginia, Ground Zero in Atlantic Drilling Debate, to Learn Its Fate Soon

By Jennifer A. Dlouhy (Bloomberg) — From the shores of Savannah, Georgia, to the Beaufort, North Carolina beachfront, coastal communities in conservative

March 14, 2016
Total Views: 22