Japan’s K-Line Said to Cut Fleet of Smaller Bulk Carriers in Half
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping company, plans to halve the fleet of its
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping company, plans to halve the fleet of its
By Jennifer A. Dlouhy (Bloomberg) — The Obama administration will issue sweeping new regulations on offshore drilling Thursday, imposing potentially
By Tiffany Kary and Joe Carroll (Bloomberg) — Energy XXI Ltd. filed for bankruptcy protection after spending $5 billion on acquisitions in the years
By Naureen S. Malik (Bloomberg) — The U.S. is grappling with the biggest glut of natural gas in four years. And you wouldn’t know it from the number of
By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very
By Justin Bachman (Bloomberg) — Carnival Corp.’s maiden voyage to Cuba next month will be filled with almost 700 cruisers looking to spend time
By Andy Sharp (Bloomberg) — Foreign Ministers from the Group of Seven leading economies expressed concern over territorial disputes in Asian waters where
By Mark Shenk (Bloomberg) — Oil rose to a four-month high in London ahead of a meeting in Doha this month where producers will discuss freezing output.
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, is looking to buy a company involved in deep-sea
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
By James Paton (Bloomberg) — Chevron Corp. temporarily halted output at its $54 billion Gorgon liquefied natural gas project in Australia due to
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
By Debjit Chakraborty, Anna Shiryaevskaya and Harry R. Weber (Bloomberg) — Gail India Ltd. bought the second shipment of liquefied natural gas from
By Kyunghee Park and Clement Tan (Bloomberg) — China Cosco Holdings Co. posted a 22 percent slump in earnings last year, while China Shipping Container
By Kyunghee Park (Bloomberg) — Cosco Pacific Ltd., the container terminal operator of China’s biggest shipping company, reported a 30 percent increase
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
By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost
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
By Justin Bachman (Bloomberg) — Take a European riverboat cruise and you get a 13th-century cathedral, vineyards lining the Douro, steaming mulled wine
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
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