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Wednesday, April 6, 2016
keppel shipyard
News

Keppel, Sembcorp Rebounds May Be Short-Lived as Rig Orders Drop

By Jonathan Burgos and Kyunghee Park (Bloomberg) — The world’s two biggest builders of oil rigs saw their stocks rise the most in more than two years

April 6, 2016
Total Views: 19

An undated handout photo of the Gorgon LNG project located in Western Australia.
News

Production at Chevron’s Brand Spanking New Gorgon Mega-Project Could Be Shut for Months

By James Paton (Bloomberg) — Chevron Corp. temporarily halted output at its $54 billion Gorgon liquefied natural gas project in Australia due to

April 6, 2016
Total Views: 73

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: 68

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: 50

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: 64

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: 55

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: 27

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: 45

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: 47

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: 88

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: 34

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: 104

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: 47

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: 65

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: 107

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: 34

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: 175

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: 88

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: 51