Join our crew and become one of the 105,849 members that receive our newsletter.

Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Wednesday, January 23, 2013
VLCC Ovatella shell supertanker
News

Daily Earnings for VLCCs Plunge 76 Percent, Biggest Drop Since September

Jan. 23 (Bloomberg) — Earnings for the largest oil tankers plying the industry’s busiest trade route plunged 76 percent, nearing a reversion to

January 23, 2013
Total Views: 6

Capesize Rates Decline as Cyclone Closes Australian Ports
Ports

Capesize Rates Decline as Cyclone Closes Australian Ports

By Rob Sheridan Charter rates for Capesize ships, the biggest iron-ore carriers, fell for a second day as a storm forced ports to close in Australia,

January 23, 2013
Total Views: 5

csav logo
Finance

CSAV Emerges from the Darkness as Highest Returning Container Shipper

Jan. 23 (Bloomberg) — Chile’s richest family has turned the world’s worst-performing container shipper into a champion by shedding rented

January 23, 2013
Total Views: 30

vale brasil vloc bulk carrier valemax
News

Nippon Steel Considering Further Valemax Iron Ore Shipments

Jan. 23 (Bloomberg) — Nippon Steel & Sumitomo Metal Corp., Japan’s top steelmaker, will consider using more Valemax carriers to receive ore

January 23, 2013
Total Views: 20

Tuesday, January 22, 2013
noble group singapore
News

Noble Group to Add Former BP Oil Analyst Giovanni Serio to Roster

Jan. 23 (Bloomberg) — BP Plc’s head oil analyst for Asia, Giovanni Serio, plans to join Noble Group Ltd. in Singapore, four people with knowledge

January 22, 2013
Total Views: 186

tanker vlcc supertanker ship shipping
News

Biggest Glut of Supertankers Since September, Day Rates Fall Below $10k

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

January 22, 2013
Total Views: 3

golar lng carrier tanker
News

Fredricksen is “Printing Money” With Golar LNG as Day Rates Begin to Fall

Jan. 22 (Bloomberg) — Rates to ship liquefied natural gas are dropping for the first time in four years amid a diminishing scarcity of the carriers

January 22, 2013
Total Views: 18

Monday, January 21, 2013
dredging international panama canal
News

Panama Canal Authority Wants a Piece of the “Pie”, Plans to Change Fee Structure

Jan. 21 (Bloomberg) — The Panama Canal, handling 5 percent of world trade, may change how it calculates tolls for ships carrying energy cargoes to boost

January 21, 2013
Total Views: 0

sabrina i bulk carrier
News

Pareto Securities: Dry Bulk Shipping Demand to Surpass Fleet Growth

Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to

January 21, 2013
Total Views: 10

trafigura
News

Trafigura Bullish on Clean Products Sector, Buys Trio of MR Tankers

Jan. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of

January 21, 2013
Total Views: 11

kvaerner asa logo
Engineering News

Kvaerner Slides as Rival Hyundai Heavy Wins Billion Dollar Rig Order

Jan. 21 (Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, dropped the most in almost a month in Oslo after it lost out on a $1.1 billion

January 21, 2013
Total Views: 10

k-line lng carrier
Uncategorized

DNB Markets: LNG Price Gap to Boost Ship Rates Through Spring

Jan. 21 (Bloomberg) — The gap between liquefied natural gas prices in Asia and the Atlantic will keep trades between the regions profitable through the

January 21, 2013
Total Views: 6

Sunday, January 20, 2013
Shipyards ‘Doomed’ If Scots Vote to Leave U.K., Lawmakers Say
Shipbuilding

Shipyards ‘Doomed’ If Scots Vote to Leave U.K., Lawmakers Say

By Rodney Jefferson Scotland’s shipyards would lose contracts and be “doomed” if the country votes to leave the U.K. in a referendum next

January 20, 2013
Total Views: 6

Friday, January 18, 2013
athenian victory hhi hyundai heavy shipyard shipbuilding supertanker
Engineering News

40 New Supertankers to be Delivered in 2013

Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012

January 18, 2013
Total Views: 23

italian marines enrica lexie
News

Italian Marines Charged with Killing Fishermen to Face Trial in India

Jan. 18 (Bloomberg) — Two Italian marines charged with killing fishermen they suspected of being pirates can be put on trial in India, the

January 18, 2013
Total Views: 7

Norwegian Cruise Lines Raises $447 Million in IPO

Norwegian Cruise Lines Raises $447 Million in IPO

By Lee Spears Norwegian Cruise Line Holdings Ltd., whose owners include Apollo Global Management LLC, raised $447 million in an initial public offering,

January 18, 2013
Total Views: 42

Thursday, January 17, 2013
queen elizabeth 2 qe2 dubai
Engineering News

Drydocks World to Convert QE2 Ocean Liner to 5 Star Luxury Hotel

The Queen Elizabeth 2, the ocean liner known as the QE2 that plied the Atlantic for almost 40 years, will be moored in Asia as a 400-room luxury hotel

January 17, 2013
Total Views: 38

Wednesday, January 16, 2013
astrup fearnley
News

Daily Earnings for VLCCs Drop as Charterers “Drip-Feed the Market”

Jan. 16 (Bloomberg) — Costs to ship Middle East oil to Asia, the tanker industry’s busiest trade route, fell for a third day as completion of cargo

January 16, 2013
Total Views: 21

greece, finance, euro
Finance

Greece to Tax Foreign-Flagged Merchant Ships

Jan. 16 (Bloomberg) — Greece will tax merchant ships managed by companies based in the country and sailing under foreign flags for the first time ever as

January 16, 2013
Total Views: 4

Tuesday, January 15, 2013
transocean
Finance

Icahn’s Transocean Buy Pushes Offshore Driller Toward Partnership

Jan. 16 (Bloomberg) — Carl Icahn’s new stake in Transocean Ltd. may raise pressure on the world’s largest offshore driller to split off some

January 15, 2013
Total Views: 3
close

JOIN OUR CREW

Maritime and offshore news trusted by our 105,849 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.