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Thursday, September 24, 2015
Petrobras 1000 drillship
Offshore

Transocean Linked to Petrobras Bribery Scandal for First Time

  By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first

September 24, 2015
Total Views: 317

LNG-Powered Ships Gain as Rising Output Answers Oil-Price Volatility
News

LNG-Powered Ships Gain as Rising Output Answers Oil-Price Volatility

  By Christine Buurma (Bloomberg) — When TOTE Inc., a shipper that operates between the U.S. and the Caribbean, launched its latest container ship

September 24, 2015
Total Views: 83

Wednesday, September 23, 2015
Fredriksen, Exmar Deal for $2.3 Billion LNG Powerhouse Falls Through
News

Fredriksen, Exmar Deal for $2.3 Billion LNG Powerhouse Falls Through

  By Saleha Mohsin (Bloomberg) — Billionaire John Fredriksen and Exmar NV canceled a deal to create a liquefied natural gas company that would have

September 23, 2015
Total Views: 24

Monday, September 21, 2015
Skeptic Investors Miss Out on Huge Windfall from Shell’s BG Takeover Deal
Offshore

Skeptic Investors Miss Out on Huge Windfall from Shell’s BG Takeover Deal

  By Inyoung Hwang (Bloomberg) — A fresh drop in in oil prices and political instability in Brazil is making investors miss out on about $5.5

September 21, 2015
Total Views: 25

Friday, September 18, 2015
Harvard-Linked Fund Sank More Into Ailing Global Maritime Investments Despite Losses
Shipping News

Harvard-Linked Fund Sank More Into Ailing Global Maritime Investments Despite Losses

By Tiffany Kary and Michael McDonald (Bloomberg) — A fund linked to Harvard University kept sinking money into a dry-bulk shipping business even while

September 18, 2015
Total Views: 98

Baltic Dry Index Soars as China Iron Ore Buying Seen Curbing Fleet
News

Baltic Dry Index Soars as China Iron Ore Buying Seen Curbing Fleet

  By Alaric Nightingale and Naomi Christie (Bloomberg) — A measure of shipping costs for commodities had its biggest two-day gain in almost seven

September 18, 2015
Total Views: 58

Thursday, September 17, 2015
Shell’s BG Deal Faces Regulatory Hurdle in Australia
News

Shell’s BG Deal Faces Regulatory Hurdle in Australia

  By James Paton and Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc’s plan to buy BG Group Plc faced its first regulatory hurdle after

September 17, 2015
Total Views: 27

Wednesday, September 16, 2015
The Hottest Commodity Asset Right Now Is a 35,000-Ton Steel Ship
News

The Hottest Commodity Asset Right Now Is a 35,000-Ton Steel Ship

  By Anna Shiryaevskaya (Bloomberg) — At a time when commodity producers are writing down billions in asset values and canceling projects around the

September 16, 2015
Total Views: 256

Samsung Engineering, Samsung Heavy Merger Being Considered (Again)
News

Samsung Engineering, Samsung Heavy Merger Being Considered (Again)

By Kyunghee Park (Bloomberg) — Samsung Engineering Co., South Korea’s biggest engineering company, jumped the most in more than 18 years on

September 16, 2015
Total Views: 59

Tuesday, September 15, 2015
Illegal Fishing Off Somalia Could Spur Piracy Revival
News

Illegal Fishing Off Somalia Could Spur Piracy Revival

  By Ilya Gridneff (Bloomberg) — Piracy that caused havoc to international shipping off Somalia’s coast over the past decade may return if illegal

September 15, 2015
Total Views: 73

Monday, September 14, 2015
Pentagon Ponders Canceling Last Zumwalt Destroyer
Interesting

Pentagon Ponders Canceling Last Zumwalt Destroyer

  By Tony Capaccio (Bloomberg) — Pentagon officials are weighing whether to cancel the last of three ships in General Dynamics Corp.’s $22 billion

September 14, 2015
Total Views: 65

Thursday, September 10, 2015
offshore drilling rig in norway
News

Oil Jobs Exit Norway as Era of Richest Rewards Peters Out

  By Saleha Mohsin (Bloomberg) — When Luke Rickert first started as an engineer at Aker Solutions ASA in Oslo, a Norwegian oil services provider,

September 10, 2015
Total Views: 107

Wednesday, September 9, 2015
China COSCO Orders Ultra-Large Containerships for $1.5 Billion to Cut Costs
News

China COSCO Orders Ultra-Large Containerships for $1.5 Billion to Cut Costs

  By Joshua Fellman (Bloomberg) — China COSCO Holdings Co., one of the nation’s biggest shipping companies, agreed to have 11 new container

September 9, 2015
Total Views: 44

VLCC Rates Slump Seen Ending Soon
Shipping News

VLCC Rates Slump Seen Ending Soon

  By Naomi Christie (Bloomberg) — For operators of very large crude carriers, the tankers that move as much as 2 million barrels of oil across

September 9, 2015
Total Views: 30

Baltic Ferry Operator Tallink Looks Past China Turmoil With Bet on Asian Tourists
News

Baltic Ferry Operator Tallink Looks Past China Turmoil With Bet on Asian Tourists

  By Ott Ummelas (Bloomberg) — Baltic ferry operator Tallink Grupp AS is benefiting from growing numbers of Asian travelers to Nordic capitals as

September 9, 2015
Total Views: 30

maersk viking
News

Maersk Oil Cuts $1 Billion From Capex Budget as Prices Fall

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S’s oil unit cut $1 billion off its annual budget for capital expenditure after petroleum

September 9, 2015
Total Views: 36

Tuesday, September 8, 2015
Record Long Beach Port Traffic Shows Strength in U.S. Demand
News

Record Long Beach Port Traffic Shows Strength in U.S. Demand

  By James Nash and Matthew Winkler (Bloomberg) — Electronics, auto parts and clothes from Asia are streaming through the second-busiest U.S. port

September 8, 2015
Total Views: 57

apm terminals
News

Maersk’s APM Terminals Expands in Latin America with Acquisition on Spanish Rival

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S’s terminal unit said Tuesday it agreed to buy a Spanish rival to expand its port

September 8, 2015
Total Views: 44

Monday, September 7, 2015
Royal Navy Could Have Unmanned, 3D-Printed Surface Ships by 2030
News

Royal Navy Could Have Unmanned, 3D-Printed Surface Ships by 2030

  By Benjamin Katz (Bloomberg) — Britain’s navy could be using a fleet of unmanned surface and underwater vessels and small 3D-printed ships

September 7, 2015
Total Views: 86

Friday, September 4, 2015
Sinotrans to Merge with China Merchant Group, Report Says
News

Sinotrans to Merge with China Merchant Group, Report Says

  By Jasmine Wang (Bloomberg) — Sinotrans Ltd. and Sinotrans Shipping Ltd., controlled by China’s second-biggest commodity-shipping company,

September 4, 2015
Total Views: 82