Bloomberg

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.


Monday, November 10, 2014
port hedland capesize bulk carrier
News

Port Hedland Officers, Deckhands Settle as Engineers Strike

Tugboat masters and deckhands at Australia’s Port Hedland, the world’s largest bulk export terminal, voted to accept a new labor agreement, said Teekay

November 10, 2014
Total Views: 52

Saturday, November 8, 2014
douglas channel lng canada
News

Shell Applies for $35 Billion LNG Terminal in Western Canada

A Royal Dutch Shell Plc-led group applied to build a liquefied natural gas terminal on Canada’s Pacific Coast to ship the fuel to Asia, estimating it will

November 8, 2014
Total Views: 40

Friday, November 7, 2014
Worker Slowdown at Nation’s Busiest Port Prompts Plea to Obama
Ports

Worker Slowdown at Nation’s Busiest Port Prompts Plea to Obama

U.S. retailers appealed to President Barack Obama to intervene in contract negotiations between West Coast dockworkers and maritime companies after a work

November 7, 2014
Total Views: 26

river port grain terminal timbues san lorenzo
News

Noble Group Profit Rises Sevenfold as Commodity Shipments Surge

Noble Group Ltd., Asia’s biggest commodity trader by revenue, said third-quarter profit jumped almost sevenfold as it shipped a third more

November 7, 2014
Total Views: 53

Thursday, November 6, 2014
Dockworker Slowdown Hits Already Congested Ports of L.A. and Long Beach
News

Dockworker Slowdown Hits Already Congested Ports of L.A. and Long Beach

Pacific Coast dockworkers negotiating a new labor agreement have expanded a work slowdown to the ports of Los Angeles and Long Beach, the largest shipping

November 6, 2014
Total Views: 79

BG Group Exec to Head UK’s New Oil and Gas Authority
News

BG Group Exec to Head UK’s New Oil and Gas Authority

The U.K. hired a senior BG Group Plc executive to head its new oil and gas industry regulator under plans to boost the country’s recovery of fossil-fuel

November 6, 2014
Total Views: 48

port hedland capesize bulk carrier
News

Port Hedland Tug Engineers Plan Strike

Tugboat engineers at Australia’s Port Hedland will strike next week, risking disruption to iron ore shipments through the world’s largest bulk export

November 6, 2014
Total Views: 75

Wednesday, November 5, 2014
India Said to Pull Warships From Port Amid Terrorism Risk
News

India Said to Pull Warships From Port Amid Terrorism Risk

India pulled two naval warships out the Kolkata port yesterday after intelligence information that they might be targeted by terrorists, a navy officer

November 5, 2014
Total Views: 37

China Said to Plan $16.3 Billion Fund to Revive ‘Silk Road’ Trading Route
News

China Said to Plan $16.3 Billion Fund to Revive ‘Silk Road’ Trading Route

China plans a $16.3 billion fund to finance construction of infrastructure linking its markets to three continents as President Xi Jinping pushes forward with

November 5, 2014
Total Views: 44

Tuesday, November 4, 2014
loop Louisiana Offshore Oil Port
News

Oil Imports to Louisiana Offshore Oil Port Reveal New Truth

Things are slowing down at the U.S.’s largest oil-import

November 4, 2014
Total Views: 77

vlcc tanker crude oil shipping
Shipping News

Saudis Cut Crude Prices to U.S. in December Amid Shale Boom

Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the

November 4, 2014
Total Views: 29

Monday, November 3, 2014
Pacific Shippers Say Dockworker Slowdown Hits Seattle, Tacoma
News

Pacific Shippers Say Dockworker Slowdown Hits Seattle, Tacoma

Pacific Coast dockworkers negotiating a new labor agreement have begun a work slowdown in Seattle and Tacoma, management said, in the first large job action

November 3, 2014
Total Views: 54

johan sverdrup field
Uncategorized

Statoil Sees $200 Billion in Sales From Johan Sverdrup Oilfield

The Johan Sverdrup field holds 1.8 billion to 2.9 billion barrels of oil equivalent and is one of the five largest discoveries offshore

November 3, 2014
Total Views: 46

Guangzhou Shipyard International
News

GSI Surges 72% After Acquisition of Chinese Naval Shipyard

Guangzhou Shipyard International Co., a unit of China’s biggest shipyard, surged 72 percent on its first day of trading in seven months after announcing

November 3, 2014
Total Views: 189

Sunday, November 2, 2014
Singapore to Use Radar Blimp to Boost Piracy, Aviation Surveillance
News

Singapore to Use Radar Blimp to Boost Piracy, Aviation Surveillance

A missing airplane and a rise in piracy attacks off the coast of Singapore has prompted the city- state to boost surveillance efforts with a radar-equipped

November 2, 2014
Total Views: 257

Friday, October 31, 2014
BNSF Shale Focus Blunts Puget Sound Ports’ Comeback Bid
News

BNSF Shale Focus Blunts Puget Sound Ports’ Comeback Bid

Seattle and Tacoma are being stymied in their push to regain market share from Canada as railcars destined for the harbors sit idle on tracks across the U.S.

October 31, 2014
Total Views: 63

Oil Rout Seen Diluting Appeal of U.S. LNG Exports to Asia
News

Oil Rout Seen Diluting Appeal of U.S. LNG Exports to Asia

Oil’s collapse is eroding the appeal of potential U.S. LNG exports to Asia as it cuts the cost of competing supplies linked to the price of

October 31, 2014
Total Views: 19

Wednesday, October 29, 2014
OPEC Head Says Oil Market Should Stop Panicking About Price Slump
Shipping News

OPEC Head Says Oil Market Should Stop Panicking About Price Slump

Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General

October 29, 2014
Total Views: 34

Piracy Threat to Product Tankers on the Rise as Attacks Climb
News

Piracy Threat to Product Tankers on the Rise as Attacks Climb

Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between the Middle East and China, even

October 29, 2014
Total Views: 45

Tuesday, October 28, 2014
Shell Seeks U.S. Arctic Drilling Extension
News

Shell Seeks U.S. Arctic Drilling Extension

Royal Dutch Shell is asking the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push

October 28, 2014
Total Views: 31