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Thursday, August 27, 2015
Tanker Owner Frontline Says Traders Asking for Oil-Storage at Sea Options
News

Tanker Owner Frontline Says Traders Asking for Oil-Storage at Sea Options

  By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to

August 27, 2015
Total Views: 32

Wednesday, August 26, 2015
hapag-lloyd
News

Hapag-Lloyd Kicks Cost-Savings Plan Into High Gear Ahead of IPO

  Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest container- shipping line, widened a cost-reduction target by $100 million

August 26, 2015
Total Views: 21

Hard-Hit Transocean Looks to Scrap Dividend
News

Hard-Hit Transocean Looks to Scrap Dividend

  By Joe Carroll (Bloomberg) — Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel

August 26, 2015
Total Views: 24

Tuesday, August 25, 2015
Middle East Brings Solace to Oil Services Companies
News

Middle East Brings Solace to Oil Services Companies

  By Angelina Rascouet and Manisha Jha (Bloomberg) — Demand for oil services is rising in the Middle East even as the rout in crude prices forces

August 25, 2015
Total Views: 34

Monday, August 24, 2015
Shipping Magnate John Fredriksen ‘Very Worried’ About China
News

Shipping Magnate John Fredriksen ‘Very Worried’ About China

  By Jonas Cho Walsgard (Bloomberg) — John Fredriksen, the billionaire who made his fortune investing in crude tankers, said he’s “very

August 24, 2015
Total Views: 72

Nicaragua Just Can’t Stop Dreaming of a Canal – VIEW
Shipping News

Nicaragua Just Can’t Stop Dreaming of a Canal – VIEW

By Justin Fox (Bloomberg View) — Late last year, Nicaraguan authorities said that construction was about to begin on a $50 billion canal connecting the

August 24, 2015
Total Views: 15

Friday, August 21, 2015
Natural Gas Golden Age Fades as Supply Boom Meets Japan Nuclear Rebirth
News

Natural Gas Golden Age Fades as Supply Boom Meets Japan Nuclear Rebirth

  By Ben Sharples and James Paton (Bloomberg) — The golden age of natural gas lost some of its luster this month. Japan, the world’s biggest buyer

August 21, 2015
Total Views: 53

Thursday, August 20, 2015
Oil’s Plunge Takes Toll on Norwegian Economy
News

Oil’s Plunge Takes Toll on Norwegian Economy

  By Saleha Mohsin (Bloomberg) — Norway’s economic growth slowed in the second quarter as plunging crude prices sap investments and drive up

August 20, 2015
Total Views: 18

Wednesday, August 19, 2015
China’s Huge (and Hard-to-Find) Canal on the Doorstep of America
News

China’s Huge (and Hard-to-Find) Canal on the Doorstep of America

  By Michael McDonald (Bloomberg Business) — Deep on the southeastern side of Lake Nicaragua, along a bumpy dirt road that climbs gently through

August 19, 2015
Total Views: 47

Daewoo Shipbuilding & Marine Engineering Co.
News

DSME Shares Tank on Concern Liabilities Exceed Assets

  By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. fell to the lowest price in more than 13 years in Seoul trading on

August 19, 2015
Total Views: 20

Tuesday, August 18, 2015
DSME shipyard
Shipping News

DSME Execs Offer to Resign After Record Loss

  BY Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said 13 executives and advisers have offered to resign as the

August 18, 2015
Total Views: 22

‘Cool Pool’ – LNG Ship Owners Form First Vessel Pool
News

‘Cool Pool’ – LNG Ship Owners Form First Vessel Pool

  By Anna Shiryaevskaya (Bloomberg) — Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd. agreed to jointly market their liquefied natural gas tankers for

August 18, 2015
Total Views: 129

Monday, August 17, 2015
Offshore oil and gas platform
Shipping News

Oil Just Fell to Its Six-Year Low

  By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies

August 17, 2015
Total Views: 27

Sunday, August 16, 2015
Death Toll Rises from Tianjin Port Blasts
News

Death Toll Rises from Tianjin Port Blasts

  By Bloomberg News (Bloomberg) — The death toll from Wednesday’s blasts at a chemical warehouse in China’s port city of Tianjin has risen to

August 16, 2015
Total Views: 55

Friday, August 14, 2015
Tianjin Ship Disruptions Persist After Blast
News

Tianjin Ship Disruptions Persist After Blast

  By Bloomberg News (Bloomberg) — Shipping and logistics companies reported delays and disruptions after the deadly explosion at the Chinese port of

August 14, 2015
Total Views: 40

maersk drilling rig
News

Maersk Reveals Appetite for North Sea Oil Mergers and Acquisitions

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices

August 14, 2015
Total Views: 24

Thursday, August 13, 2015
China Detains Warehouse Owners in Investigation Into Tianjin Blasts
News

China Detains Warehouse Owners in Investigation Into Tianjin Blasts

  By Bloomberg News (Bloomberg) — China detained the owners of a hazardous- chemicals storage warehouse rocked by deadly explosions in Tianjin as

August 13, 2015
Total Views: 34

Hercules offshore rig under tow
News

Hercules Offshore Files for Bankruptcy

BY Steven Church, Tiffany Kary and David Wethe (Bloomberg) — Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the

August 13, 2015
Total Views: 148

Tianjin Port Blast Disrupts Oil Tankers, Iron Ore
News

Tianjin Port Blast Disrupts Oil Tankers, Iron Ore

  By Bloomberg News (Bloomberg) — Shipments of oil and iron ore were disrupted at the northern Chinese port of Tianjin after a blast killed at least

August 13, 2015
Total Views: 37

maersk triple-e
News

Maersk Defying Market Headwinds as Profit Beats Estimates

  By Christian Wienberg (Bloomberg) — Shares in A.P. Moeller-Maersk A/S soared the most since February after the owner of the world’s largest

August 13, 2015
Total Views: 26