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Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Friday, September 26, 2014
palm oil fruit
Maritime News

Amid Global Oversupply of Palm Oil, Indonesia Cuts Export Tax to Zero

The world’s two biggest palm oil producers cut export taxes on most shipments to zero, seeking to lure buyers amid a global glut in edible oils that sent

September 26, 2014
Total Views: 91

Monday, September 22, 2014
West Coast Port Strike Appears Unlikely, Panel Hears
Ports

West Coast Port Strike Appears Unlikely, Panel Hears

Negotiations on a new labor contract for 20,000 dockworkers at West Coast ports will probably conclude without a labor disruption, a shipping consultant said

September 22, 2014
Total Views: 2

Cosco Counting On Fuel-Efficient Ships to Cut Costs, Revive Profit
Maritime News

Cosco Counting On Fuel-Efficient Ships to Cut Costs, Revive Profit

China Cosco Holdings Co., the container shipping line that posted three annual operating losses, said adding more fuel-efficient vessels will help cut costs

September 22, 2014
Total Views: 4

Fredriksen’s Breakup With Adviser Troeim Hits Shares
Maritime News

Fredriksen’s Breakup With Adviser Troeim Hits Shares

Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,

September 22, 2014
Total Views: 15

bulk carrier liberty maritime grain
Maritime News

Grain Shippers Trumped by Oil on U.S Rail Lines

Shipping companies probably will miss out on exports from the record U.S. grain harvest because the shale-oil boom is clogging up rail lines to

September 22, 2014
Total Views: 15

Friday, September 19, 2014
cormorant alpha taqa
Offshore

Drillers Can Return to Fighting Slump After Scotland’s ‘No’ Vote

U.K. oil companies can stop fretting about Scottish independence and go back to combating a slump in output that’s the steepest of any major

September 19, 2014
Total Views: 6

west alpha drilling rig
News

Drilling Comes to a Halt on Seadrill’s West Alpha as Russian Sanctions Take Hold

Exxon Mobil Corp. and OAO Rosneft halted drilling on an offshore oil well intended as the first step in unlocking billions of barrels of crude in Russia’s

September 19, 2014
Total Views: 67

Thursday, September 18, 2014
maersk viking drillship
Offshore

BP Plans Deeper Drilling for Offshore Oil Despite Ruling

Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc is leading the effort to extract crude from deep below the

September 18, 2014
Total Views: 49

Maersk Triple-E Ship at night
Maritime News

China Set to Claim Lead for Biggest Containership by a Meter

By Clement Tan and Kyunghee Park Sept. 18 (Bloomberg) — In shipping these days, bigger is better. Even if it’s just one meter. China Shipping Container

September 18, 2014
Total Views: 16

Wednesday, September 17, 2014
Scotland Chooses: 10 Factors for Independence Referendum Voters
News

Scotland Chooses: 10 Factors for Independence Referendum Voters

Here are some of the fault lines in tomorrow’s referendum on Scottish

September 17, 2014
Total Views: 49

Tuesday, September 16, 2014
deepwater horizon disaster
Offshore

BP Seeks Access to $750 Million Transocean Spill Insurance

BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get $750 million of that back by convincing a Texas court that a

September 16, 2014
Total Views: 43

Monday, September 15, 2014
Ex-Billionaire Batista Charged with Financial Crimes in Brazil
Offshore

Ex-Billionaire Batista Charged with Financial Crimes in Brazil

Brazilian federal prosecutors accused Batista of financial- market crimes and are seeking to freeze his assets valued at as much as 1.5 billion reais ($641

September 15, 2014
Total Views: 4

Seadrill Semi-Rig West Pegasus
News

Seadrill Continues to Sink as Doubt Hangs Over Fredriksen’s Bet on Russia

Seadrill Ltd. suffered its longest losing streak in Oslo trading as the rig company controlled by billionaire John Fredriksen risks seeing its bet on Russia

September 15, 2014
Total Views: 11

North Korea Seeking Submarines Capable of Firing Missiles
Maritime News

North Korea Seeking Submarines Capable of Firing Missiles

By Sam Kim Sept. 15 (Bloomberg) — North Korea has tried to enhance its submarines to make them capable of firing ballistic missiles as it seeks to boost

September 15, 2014
Total Views: 30

fish farm salmon norway marine harvest
News

Marine Harvest Buys Chilean Salmon Farms, Boosts Access to Russia

Marine Harvest ASA, the world’s biggest salmon producer, bought farming assets from bankrupt Acuinova Chile SA for $120 million, boosting access to Russia

September 15, 2014
Total Views: 20

Thursday, September 11, 2014
Scorpio bulkers
Maritime News

Tax-Free MLPs Sweeping the Shipping Industry

Master limited partnerships, tax- exempt companies that pay investors most of their income at the cost of added risk, are spreading in the shipping

September 11, 2014
Total Views: 45

Wednesday, September 10, 2014
Vietnam Says Chinese Vessels Attacked Fishermen Near Paracels
Maritime News

Vietnam Says Chinese Vessels Attacked Fishermen Near Paracels

Vietnam demanded compensation after Chinese boats allegedly rammed and robbed its fishing boats and beat some members of their crews, fanning tensions already

September 10, 2014
Total Views: 4

Tuesday, September 9, 2014
Canada Finds Historic Franklin Expedition Wreck
Interesting

Canada Finds Historic Franklin Expedition Wreck

Canada has found one of the two sunken British ships from Sir John Franklin’s 1845 expedition that disappeared in the Arctic, deck and mainmast

September 9, 2014
Total Views: 26

antarctic ice 02 1
Maritime News

Lingering Ice Delays Opening of Northern Sea Route

Shipping activity in the Northern Sea Route, an Arctic passage that can cut transit times by half for vessels traveling between north Europe and Asia, will

September 9, 2014
Total Views: 8

Saturday, September 6, 2014
United Kalavrvta
News

Iraq Pursues New Tack in Bid to Seize Tanker Off Texas Coast

Iraq’s Oil Ministry has asked a U.S. judge for permission to change its legal arguments in a bid to seize $100 million in Kurdish crude waiting in a tanker

September 6, 2014
Total Views: 5
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