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Thursday, December 3, 2015
Donald Vidrine, BP Well Site Leader Deepwater Horizon Oil Rig
Oil Spill

Deepwater Horizon Well Site Leader Pleads Guilty – Manslaughter Charges Dropped

Federal prosecutors dropped manslaughter charges against BP’s two top employees on the Transocean oil rig Deepwater Horizon that blew up in 2010, the

December 3, 2015
Total Views: 541

Wednesday, December 2, 2015
CMA CGM Said to Seek Financing for Neptune Orient Takeover
News

CMA CGM Said to Seek Financing for Neptune Orient Takeover

By Joyce Koh (Bloomberg) — CMA CGM SA, the world’s No. 3 container shipping company, is in talks with lenders to finance its potential takeover bid for

December 2, 2015
Total Views: 24

Tuesday, December 1, 2015
transocean arctic
Offshore

Transocean Day Rates Hit New Low Water Mark

by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA

December 1, 2015
Total Views: 71

anadarko deepwater millenium transocean mozambique well test
Offshore

Anadarko Ordered To Pay $159.5 Million For Deepwater Horizon Spill

Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest

December 1, 2015
Total Views: 170

NOAA Ocean Warming
Environment

Pacific Ocean Is Abnormally Warm But Don’t Panic Yet

The Pacific Ocean is warm. Very warm. Last week, NOAA‘s U.S. Climate Prediction Center announced temperatures reached 3 degrees Celsius

December 1, 2015
Total Views: 106

Monday, November 30, 2015
Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut
News

Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut

By Jasmine Ng (Bloomberg) — Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic

November 30, 2015
Total Views: 30

Unloading Japanese Whaling Ship
Environment

Japan Resumes Whaling

by Lily Nonomiya  (Bloomberg) Japan plans to renew its research hunt for whales in the Antarctic, ending an almost two-year hiatus prompted by an

November 30, 2015
Total Views: 47

Sunday, November 29, 2015
Nigeria Probing Abduction of Polish Crew
Piracy

Nigeria Probing Abduction of Polish Crew

By Dulue Mbachu (Bloomberg) — Nigeria is investigating the abduction of five Polish crew members after their vessel was attacked by gunmen in the

November 29, 2015
Total Views: 46

Wednesday, November 25, 2015
Top-Ranked Analyst Now Says Buy Maersk After Stock Got Pummeled
News

Top-Ranked Analyst Now Says Buy Maersk After Stock Got Pummeled

By Christian Wienberg (Bloomberg) — The top-ranked analyst covering A.P. Moeller-Maersk has turned bullish on the stock. Investors who listened to Frans

November 25, 2015
Total Views: 67

Tuesday, November 24, 2015
Europe’s Latest Solution for the Refugee Shelter Shortage: Cruise Ships
News

Europe’s Latest Solution for the Refugee Shelter Shortage: Cruise Ships

   by Carol Matlack (Bloomberg) – As Europe hastens to find housing for a tidal wave of refugees, some countries

November 24, 2015
Total Views: 113

Seadrill Semi-Rig West Pegasus
News

Seadrill Turns to Loss on $1.8 Billion Writedown

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, reported its first quarterly loss since

November 24, 2015
Total Views: 41

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: 19

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: 125

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: 45

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: 50

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: 48

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: 42

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: 78

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: 25

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: 24