Bloomberg

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


Wednesday, January 13, 2016
Flood Outlook Improves for Lower Mississippi Region
News

Flood Outlook Improves for Lower Mississippi Region

By Tim Loh (Bloomberg) — The threat of flooding is subsiding across the lower Mississippi River region just two weeks after high waters devastated parts

January 13, 2016
Total Views: 48

Iran Sanctions Seen Lifted by Monday Under Nuclear Deal
News

Iran Sanctions Seen Lifted by Monday Under Nuclear Deal

By Jonathan Tirone and Golnar Motevalli (Bloomberg) — A decade of sanctions imposed on Iran’s nuclear program may come to an end by Monday, unlocking

January 13, 2016
Total Views: 35

Tuesday, January 12, 2016
China Coast Guard Ship
News

China Coast Guard’s New Mega-Cutter Nicknamed ‘The Beast’ to Patrol South China Sea

By David Tweed (Bloomberg) — China has nearly finished a giant coast guard ship and will probably deploy it armed with machine guns and shells in the

January 12, 2016
Total Views: 619

Cheniere Energy's Sabine Pass LNG Terminal. Photo credit: HDR, Inc.
Interesting

Tugboats Left Useless Find Work in U.S. LNG Exports

By Naureen S. Malik (Bloomberg) — Somewhere in the Gulf of Mexico right now, the Energy Atlantic is headed for Louisiana to collect an historic cargo:

January 12, 2016
Total Views: 72

Shipyards Vanish as China Loses Appetite for Consuming Iron Ore
News

Shipyards Vanish as China Loses Appetite for Consuming Iron Ore

By Kyunghee Park (Bloomberg) — The weakening yuan and China’s waning appetite for raw materials have come around to bite the country’s shipbuilders,

January 12, 2016
Total Views: 46

BP Plans to Cut 4,000 More Oil Jobs
News

BP Plans to Cut 4,000 More Oil Jobs

By Rakteem Katakey (Bloomberg) — BP Plc plans to cut 4,000 jobs in its crude- oil production division this year as prices trade near a 12-year low. The

January 12, 2016
Total Views: 28

Monday, January 11, 2016
maersk drilling rig
News

Maersk Faces ‘Toxic Cocktail’ in 2016, Analyst Nordea Says

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is a conglomerate with about 900 different divisions, but investors only really need to worry

January 11, 2016
Total Views: 57

Friday, January 8, 2016
Mexican Oil Fields Lure Next Generation of Wildcatters
News

Mexican Oil Fields Lure Next Generation of Wildcatters

By Adam Williams (Bloomberg) — While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos

January 8, 2016
Total Views: 38

Wednesday, January 6, 2016
Iron Ore Exports From Australia’s Biggest Port Climb
News

Iron Ore Exports From Australia’s Biggest Port Climb

By Jasmine Ng (Bloomberg) — Iron ore cargoes from Australia’s Port Hedland climbed last month to cap a record year as billionaire Gina Rinehart’s Roy

January 6, 2016
Total Views: 68

Biggest No Longer Means Best in Qatar’s LNG Wealth Strategy
News

Biggest No Longer Means Best in Qatar’s LNG Wealth Strategy

BY Mohammed Aly Sergie (Bloomberg) — For Qatar, the world’s largest exporter of liquefied natural gas, preparing for a looming glut of the fuel isn’t

January 6, 2016
Total Views: 81

Islamic State Hits Storage Tanks at Libya’s Biggest Oil Ports
Shipping News

Islamic State Hits Storage Tanks at Libya’s Biggest Oil Ports

By Claudia Carpenter, Saleh Sarrar and Hatem Mohareb (Bloomberg) — Libya’s National Oil Corp. issued a “cry for help” as Islamic State militants

January 6, 2016
Total Views: 27

Monday, January 4, 2016
Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Interesting

Asian Shipyards Face Tough Year in 2016

By Kyunghee Park and Jonathan Burgos (Bloomberg) — For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With oil prices

January 4, 2016
Total Views: 20

St. Louis Floodwaters Heading South
Shipping News

St. Louis Floodwaters Heading South

By Tim Loh (Bloomberg) — After a New Year’s wrecked by flooding and destruction, there’s good news for the people of St. Louis: The worst appears to

January 4, 2016
Total Views: 27

First U.S. Oil and LNG Sailing Into Global Markets
News

First U.S. Oil and LNG Sailing Into Global Markets

By Joe Carroll and Naureen S. Malik (Bloomberg) — The worst fears of OPEC and Asian gas exporters are about to come true. U.S. shale drillers who pushed

January 4, 2016
Total Views: 26

Thursday, December 31, 2015
Floods Choking Everything From Oil to Wheat in U.S. Midwest
Shipping News

Floods Choking Everything From Oil to Wheat in U.S. Midwest

By Barbara Powell and Tim Loh (Bloomberg) — The worst flooding across the U.S. Midwest in four years is disrupting everything from oil to agriculture,

December 31, 2015
Total Views: 31

China Confirms Second Aircraft Carrier With Domestic Technology
Shipping News

China Confirms Second Aircraft Carrier With Domestic Technology

By Bloomberg News (Bloomberg) — China is building a second aircraft carrier, with the new ship being designed and constructed domestically, the Defense

December 31, 2015
Total Views: 15

Wednesday, December 30, 2015
In World With Too Much Crude Oil, Tanker Owners Reap Billion-Dollar Windfall
Interesting

In World With Too Much Crude Oil, Tanker Owners Reap Billion-Dollar Windfall

By Manisha Jha (Bloomberg) — The most destructive oil crash in a generation is giving ship owners a billion-dollar windfall. With the Organization of

December 30, 2015
Total Views: 132

Swollen Rivers Raging Towards Industrial South
News

Swollen Rivers Raging Towards Industrial South

By Brian K. Sullivan (Bloomberg) — Brace yourself, U.S. South. The Mississippi River is coming, and so are the Arkansas, the Red, the Ohio and the

December 30, 2015
Total Views: 30

Tuesday, December 29, 2015
Severe Weather Closes Section of Mississippi River Near St. Louis
News

Severe Weather Closes Section of Mississippi River Near St. Louis

By Jeff Wilson and Megan Durisin (Bloomberg) — Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel,

December 29, 2015
Total Views: 21

China Approves Second Shipping-Related Merger This Month
News

China Approves Second Shipping-Related Merger This Month

By Clement Tan (Bloomberg) — China has approved another strategic restructuring of two state-owned shipping-related conglomerates, the second such move

December 29, 2015
Total Views: 20