Bloomberg

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


Tuesday, May 24, 2016
Offshore Drilling Foes Invoke 1953 Law to Prod Obama on U.S. Ban
Offshore

Offshore Drilling Foes Invoke 1953 Law to Prod Obama on U.S. Ban

by Jennifer A. Dlouhy (Bloomberg) — Environmental activists who dangled from bridges and paddled kayaks around an Arctic rig have a new strategy for

May 24, 2016
Total Views: 29

troll a
Shipping News

World Better Forget About $100 Oil Coming Back, Norway Says

By Mikael Holter (Bloomberg) — The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the clear message

May 24, 2016
Total Views: 55

Port of Long Beach Chief Sees More Pain for Shipping Lines
News

Port of Long Beach Chief Sees More Pain for Shipping Lines

By Andy Hoffman (Bloomberg) — Global container shipping lines face one or two more years of pain as the industry consolidates amid overcapacity and

May 24, 2016
Total Views: 46

Wednesday, May 18, 2016
A worker near a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea, May 13, 2015. REUTERS/Kim Hong-Ji/File Photo
Shipping News

Mass Layoffs Loom in South Korea as Corporate Revamp Starts

By Jiyeun Lee (Bloomberg) — The South Korean government’s push to restructure debt-laden companies is set to cost tens of thousands of workers their

May 18, 2016
Total Views: 43

Tuesday, May 17, 2016
Maersk Investors Get 24% Richer as ‘Perfect Storm’ Warning Ends
News

Maersk Investors Get 24% Richer as ‘Perfect Storm’ Warning Ends

By Christian Wienberg (Bloomberg) — Just four months after analysts warned of the “perfect storm” pummeling shares in A.P. Moeller-Maersk A/S, things

May 17, 2016
Total Views: 65

Monday, May 16, 2016
Loss-Making Container Ships Turn to Airlines – View
Shipping News

Loss-Making Container Ships Turn to Airlines – View

By Chris Bryant (Bloomberg) — Airlines long ago cottoned on to the fact that being part of an alliance could save them money and help them offer

May 16, 2016
Total Views: 69

Friday, May 13, 2016
‘New North Sea’ Beckons Oil Producers Off Canada’s East Coast
News

‘New North Sea’ Beckons Oil Producers Off Canada’s East Coast

By Robert Tuttle (Bloomberg) — A change to an obscure shipping law is helping draw major oil companies to an area off Canada’s east coast that may

May 13, 2016
Total Views: 80

Thursday, May 12, 2016
Europe Container Terminals
News

COSCO Pacific Buys Into Rotterdam Container Terminal

By Kyunghee Park (Bloomberg) — China’s Cosco Pacific Ltd. will pay 125.4 million euros ($143 million) for shares and loans in a container-terminal

May 12, 2016
Total Views: 71

Tuesday, May 10, 2016
USS Milwaukee (LCS 5) during sea trials
Shipping News

U.S. Navy Asks Lockheed Martin to Fix LCS Problems

By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. is under orders from the U.S. Navy to correct quality control failures in building its version of

May 10, 2016
Total Views: 212

polar pioneer
Offshore

Big Oil Abandons $2.5 Billion in U.S. Arctic Drilling Rights

By Jennifer A. Dlouhy (Bloomberg) — After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell,

May 10, 2016
Total Views: 83

hyundai merchant marine
News

Hyundai Merchant Shares Decline Amid Charter Rate Talks

By Kyunghee Park and Heejin Kim (Bloomberg) — Hyundai Merchant Marine Co. fell the most in three weeks in Seoul trading on uncertainty over whether South

May 10, 2016
Total Views: 21

Monday, May 9, 2016
DONG Energy Seeks Taiwan Offshore Wind Growth to Beat Europe’s Tenders
News

DONG Energy Seeks Taiwan Offshore Wind Growth to Beat Europe’s Tenders

By Jessica Shankleman (Bloomberg) — Dong Energy A/S, the world’s biggest developer of offshore wind farms, is expanding into Taiwan and the U.S. as it

May 9, 2016
Total Views: 40

Friday, May 6, 2016
Billionaire’s Bargain Reveals Risks for Offshore Oil Creditors
Offshore

Billionaire’s Bargain Reveals Risks for Offshore Oil Creditors

By Luca Casiraghi and Mikael Holter (Bloomberg) — A bargain for shipping tycoon George Economou is bad news for creditors holding $24 billion of

May 6, 2016
Total Views: 101

Thursday, May 5, 2016
MV UASC
News

Maersk to UASC Count on Qatar to Provide Cleaner Fuels at Sea

By Mohammed Aly Sergie and Claudia Carpenter (Bloomberg) — Shippers from A.P. Moeller-Maersk A/S to United Arab Shipping Co. are testing liquefied

May 5, 2016
Total Views: 45

Wednesday, May 4, 2016
maersk oil sale
Offshore

Oil Price Risk Forces Maersk to Plan Deeper Cost Cuts

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is adapting its cost base to prepare for the risk of lower crude prices as the world keeps

May 4, 2016
Total Views: 69

DSME Shipyard South Korea
News

DSME Posts Operating Loss on Offshore Costs

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a first-quarter loss

May 4, 2016
Total Views: 64

Tuesday, May 3, 2016
offshore wind block island
Offshore

One State Holds Key to America’s $10 Billion Offshore Wind Boom

By Joe Ryan (Bloomberg) — Lawmakers in Massachusetts are drafting a bill that would jump-start the offshore wind industry in the U.S., helping trigger a

May 3, 2016
Total Views: 93

Monday, May 2, 2016
Sailing Legend Ditching Modern Tech in Daring Trans-Atlantic Race
News

Sailing Legend Ditching Modern Tech in Daring Trans-Atlantic Race

By Noah Davis (Bloomberg) — Loïck Peyron will spend the next month crossing the Atlantic Ocean, something he has done several times before. But this

May 2, 2016
Total Views: 57

Friday, April 29, 2016
Seadrill Semi-Rig West Pegasus
Shipping News

Seadrill Makes First Step Toward Refinancing

By Stephen Treloar and Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller with the biggest debt load, reached a deal with its banks to

April 29, 2016
Total Views: 1228

Thursday, April 28, 2016
Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Offshore

Samsung Heavy Industries Loses $4.6 Billion Shell Order

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, said an order to build three floating liquefied

April 28, 2016
Total Views: 134