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Bloomberg

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


Friday, December 21, 2012
dry bulk carrier shutterstock
News

Hits Keep on Comin’ for the Dry Bulk Market, Chinese Coal Imports May Almost Disappear in 2013

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

December 21, 2012
Total Views: 30

stx osv
Offshore

Fincantieri Drops $455 Million in “Desperately Needed” Cash for STX OSV

Fincantieri SpA agreed to buy a controlling stake in STX OSV Holdings Ltd., the world’s biggest maker of oil-rig support vessels, for 455 million euros

December 21, 2012
Total Views: 19

Thursday, December 20, 2012
capesize bulk carrier kanaris
News

Capesize Market Continues to Get Slaughtered as BDI Sinks Lower

The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter

December 20, 2012
Total Views: 189

ore fabrica vale vloc brasil
News

Economy of Scale? Not So Much for Vale SA’s 400,000 DWT Super Ore Carrier

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

December 20, 2012
Total Views: 116

Wednesday, December 19, 2012
kaohsiung taiwan port
News

Chinese Port Operators Buy $135M Stake in Taiwanese Container Terminal

Chinese port operators agreed to buy a $135 million stake in a Taiwanese container terminal, the second-biggest mainland acquisition on the island, as closer

December 19, 2012
Total Views: 61

Tuesday, December 18, 2012
emma maersk

Less Profit in Sight as Maersk Overcapacity Hits Growth

By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines

December 18, 2012
Total Views: 19

hapag-lloyd

Hapag-Lloyd Confirms Merger Talks with Hamburg Süd

Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much

December 18, 2012
Total Views: 9

Mississippi River Rock Removal Makes Progress
Uncategorized

Mississippi River Rock Removal Makes Progress

By Tim Jones The drought-depleted Mississippi River was closed to traffic today south of St. Louis as the U.S. Army Corps of Engineers reported progress

December 18, 2012
Total Views: 29

Ports

UK Maritime Industry Employs 635,000 – STUDY

The U.K.’s ports, shipping and maritime services industries employ 635,000 people, contributing 8.45 billion pounds ($13.71 billion) in tax revenues,

December 18, 2012
Total Views: 1

Monday, December 17, 2012
bulk carrier
News

Analysts Predict Dry Bulk Shipping Market Rebound in 2013

At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates

December 17, 2012
Total Views: 23

keppel offshore and marine shipyard
Shipbuilding

Is Keppel Buying Into China?

Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy

December 17, 2012
Total Views: 28

Saturday, December 15, 2012
Court Orders Release of Argentine Tall Ship, ARA Libertad
Uncategorized

Court Orders Release of Argentine Tall Ship, ARA Libertad

By Alex Cuadros and Jonathan J. Levin The International Tribunal for the Law of the Sea ordered Ghana to immediately release Argentine naval ship ARA

December 15, 2012
Total Views: 30

Friday, December 14, 2012
lng carrier port

LNG Carrier Fleet Growth Outpacing Liquefaction Capacity

By Michelle Wiese Bockmann Fleet usage for the 371 ships carrying liquefied natural gas will slide in 2013 and 2014 from a six-year high as demand growth

December 14, 2012
Total Views: 4

front duke vlcc supertanker frontline

VLCC Rates Gain for Second Straight Day

By Rob Sheridan Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, gained as more ships were booked.

December 14, 2012
Total Views: 6

Wednesday, December 12, 2012
U.S. to Award $169 Million to Offshore Wind Pilot Projects

U.S. to Award $169 Million to Offshore Wind Pilot Projects

By Andrew Herndon The U.S. Department of Energy will award as much as $169 million to seven proposed offshore wind projects in six states. The wind farms,

December 12, 2012
Total Views: 5

Baltic Exchange Threatened by ‘Regulatory Tsunami’
Uncategorized

Baltic Exchange Threatened by ‘Regulatory Tsunami’

Michelle Wiese Bockmann The Baltic Exchange, the London- based bourse whose data are used to set freight rates for about 75 percent of seaborne trade, said

December 12, 2012
Total Views: 2

stx pan ocean
News

STX Group May Sell Controlling Stake in Fleet of 400 Dry-Bulk Ships

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5

December 12, 2012
Total Views: 41

Tuesday, December 11, 2012
Idling Ships Cause Complaints Along Rio de Janeiro Seafront
Offshore

Idling Ships Cause Complaints Along Rio de Janeiro Seafront

A new vista is competing with the sun, surf and swimsuits at Rio de Janeiro’s iconic Copacabana and Ipanema beaches: a traffic jam of cargo ships

December 11, 2012
Total Views: 5

Monday, December 10, 2012
General Maritime to Manage Key Unipec Tanker Pool

General Maritime to Manage Key Unipec Tanker Pool

General Maritime Corp. will place as many as 19 of its tankers in a pool to transport crude for China International United Petroleum & Chemical Co., or

December 10, 2012
Total Views: 3

Friday, December 7, 2012
Brazil Announces $26 Billion Port Investment Program
Ports

Brazil Announces $26 Billion Port Investment Program

(Bloomberg) — Brazil announced measures to increase private investment in its port system in a bid to boost capacity and reduce transport costs that

December 7, 2012
Total Views: 26
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