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Monday, November 23, 2015
Neptune Orient Lines Nears Seven-Month High on Takeover Talks
News

Neptune Orient Lines Nears Seven-Month High on Takeover Talks

By Bloomberg News (Bloomberg) — Neptune Orient Lines Ltd. surged to its highest in almost seven months in Singapore trading after Southeast Asia’s

November 23, 2015
Total Views: 17

Norway’s Stacked Offshore Fleet Swells to 100 Vessels
News

Norway’s Stacked Offshore Fleet Swells to 100 Vessels

By Mikael Holter (Bloomberg) — The number of Norwegian offshore vessels with nothing to do has gone from zero to 100 in just a year. And the woes are

November 23, 2015
Total Views: 124

Sunday, November 22, 2015
Navy

Japan Pushes Aussies on South China Sea Patrol Submarines

by Michael Heath (Bloomberg) – Japan’s foreign and defense ministers reiterated concerns about China’s strengthening position in the South

November 22, 2015
Total Views: 39

Global Oil Job Cuts Top 250,000
Offshore

Global Oil Job Cuts Top 250,000

by David Wethe and Saleha Mohsin (Bloomberg) – The number of jobs gutted from oil and gas companies around the world has now passed the 250,000

November 22, 2015
Total Views: 45

Subi Reef China Phillipines Dispute
Navy

China Says Island Building Protects Distant Reefs

By David Tweed (Bloomberg) – China refuted claims it is militarizing the disputed South China Sea, saying it needs to build facilities on

November 22, 2015
Total Views: 43

Shinzo Abe and Barack Obama
Navy

Japan May “Assist” US Navy In The South China Sea

By Isabel Reynolds (Bloomberg) – Japanese Prime Minister Shinzo Abe told President Barack Obama he’ll consider sending the country’s maritime forces

November 22, 2015
Total Views: 39

Neptune Orient Lines In “Exclusive” Talks With CMA CGM
Shipping News

Neptune Orient Lines In “Exclusive” Talks With CMA CGM

By Joyce Koh Pooja Thakur Mahrotri (Bloomberg) France’s CMA CGM SA is in exclusive talks to buy Singapore’s Neptune Orient Lines Ltd., as global shipping

November 22, 2015
Total Views: 70

Thursday, November 19, 2015
Baltic Dry Index Falls to New Record Low
News

Baltic Dry Index Falls to New Record Low

By Manisha Jha and Naomi Christie (Bloomberg) — The cost of shipping commodities fell to a record, amid signs that Chinese demand growth for iron ore and

November 19, 2015
Total Views: 22

Fledgling U.S. LNG Exports Face Threat of China Becoming Seller
News

Fledgling U.S. LNG Exports Face Threat of China Becoming Seller

By Bloomberg News (Bloomberg) — U.S. liquefied natural gas producers face an unlikely challenge as they prepare to enter global markets: China has more

November 19, 2015
Total Views: 21

Wednesday, November 18, 2015
U.K. North Sea Oil Decommissioning Costs Set to Rise, Group Says
News

U.K. North Sea Oil Decommissioning Costs Set to Rise, Group Says

By Angelina Rascouet (Bloomberg) — The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than

November 18, 2015
Total Views: 27

Tuesday, November 17, 2015
Shanghai Port Struggles in Quest to Become Global Shipping Leader
News

Shanghai Port Struggles in Quest to Become Global Shipping Leader

By Bloomberg News (Bloomberg) — Five years after it passed Singapore to become the world’s largest container port by throughput, Shanghai is finding it

November 17, 2015
Total Views: 107

Monday, November 16, 2015
BP’s Drilling Plan Offshore Southern Australia Turned Back by Regulator
News

BP’s Drilling Plan Offshore Southern Australia Turned Back by Regulator

By James Paton (Bloomberg) — BP Plc will need to revise its plan to explore for oil in an untapped frontier off the coast of southern Australia before

November 16, 2015
Total Views: 26

Hanjin shipping
News

Hanjin Shares Crushed on Lower Rating

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s biggest shipping company, dropped to its lowest level on record after Korea Ratings

November 16, 2015
Total Views: 56

Friday, November 13, 2015
Norwegian Investment Banks Touting Oil Rigs at Firesale Prices
News

Norwegian Investment Banks Touting Oil Rigs at Firesale Prices

By Luca Casiraghi and Mikael Holter (Bloomberg) — Pareto Securities AS is among banks targeting debt funds and private-equity firms to buy oil rigs at

November 13, 2015
Total Views: 29

China Argues Light Makes Right With South China Sea Beacons
News

China Argues Light Makes Right With South China Sea Beacons

By David Tweed (Bloomberg) — Lighthouses have for centuries guided the world’s seafarers, preventing ships from striking rocks and reefs and helping

November 13, 2015
Total Views: 79

Thursday, November 12, 2015
gunnerus rolls-royce permanent magnet azimuth thruster
News

Rolls-Royce Reveals Entrenched Failings to Stunned Investors

By Benjamin Katz and Christopher Jasper (Bloomberg) — Rolls-Royce Holdings Plc Chief Executive Officer Warren East revealed the full extent of the

November 12, 2015
Total Views: 74

Monday, November 9, 2015
Neptune Orient Lines Jumps to Highest Since May on Takeover Talks
News

Neptune Orient Lines Jumps to Highest Since May on Takeover Talks

  By Kyunghee Park (Bloomberg) — Neptune Orient Lines Ltd. jumped to the highest level in more than five months in Singapore trading after the

November 9, 2015
Total Views: 28

Maersk: Global Economy Worse Than Forecasts Show
News

Maersk: Global Economy Worse Than Forecasts Show

  By Christian Wienberg (Bloomberg) — The world’s economy is growing at a slower pace than the International Monetary Fund and other large

November 9, 2015
Total Views: 20

Saturday, November 7, 2015
CMA CGM, Maersk in Talks to Buy Singapore’s Neptune Orient Lines
News

CMA CGM, Maersk in Talks to Buy Singapore’s Neptune Orient Lines

  By Joyce Koh, Jonathan Browning and Aaron Kirchfeld (Bloomberg) — Neptune Orient Lines Ltd. said it’s in separate talks with France’s CMA CGM

November 7, 2015
Total Views: 126

Friday, November 6, 2015
States Dig Deep Into Wallets in a Race to Deepen U.S. Ports
News

States Dig Deep Into Wallets in a Race to Deepen U.S. Ports

  By Lauren Etter (Bloomberg) — Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next

November 6, 2015
Total Views: 82