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.


Tuesday, October 21, 2014
capesize bulk carrier
News

Capesize Rates Rise Most On Record

Daily rates for Capesize vessels hauling about 160,000 metric tons of iron ore jumped 38 percent to $12,580 today, according to the Baltic Exchange in

October 21, 2014
Total Views: 45

Sweden’s Submarine Whodunit Brings Cold War Back to Baltic Sea
Defense

Sweden’s Submarine Whodunit Brings Cold War Back to Baltic Sea

Is it a submarine? Is it Russian? And what’s it doing off the coast of

October 21, 2014
Total Views: 65

Monday, October 20, 2014
Deeper Oil Slump Seen as ‘Disaster’ Risk for Australian LNG
News

Deeper Oil Slump Seen as ‘Disaster’ Risk for Australian LNG

An extended slump in oil prices threatens an expansion of the liquefied natural gas industry and risks cutting returns for project developers in Australia,

October 20, 2014
Total Views: 45

Sweden Hunts Mystery Foreign Submarine Spotted In Its Waters
Defense

Sweden Hunts Mystery Foreign Submarine Spotted In Its Waters

Sweden said it’s responding to a new security situation and won’t tolerate breaches as the navy tries to confirm whether an underwater vessel steered by a

October 20, 2014
Total Views: 67

lng storage tanks refinery
News

Samsung Engineering Set to Win $1 Billion LNG Project Contract

Samsung Engineering Co., South Korea’s largest engineering company, expects to win its first liquefied natural gas project contract that could be worth more

October 20, 2014
Total Views: 81

Friday, October 17, 2014
Cargill’s Black Sea Stop Is Booming 2,600-Year-Old Port
News

Cargill’s Black Sea Stop Is Booming 2,600-Year-Old Port

Constanta, whose natural harbor on the Black Sea has welcomed ships since at least the sixth century B.C., is emerging as Europe’s biggest grain transport

October 17, 2014
Total Views: 221

Thursday, October 16, 2014
apl neptune orient lines
News

Neptune Orient Considering Sale of APL Logistics

CJ Korea Express Co., the country’s biggest courier delivery company, is considering an acquisition of Neptune Orient Lines Ltd.’s logistics

October 16, 2014
Total Views: 148

Wednesday, October 15, 2014
anadarko deepwater millenium transocean mozambique well test
News

Mozambique Natural Gas Bonanza Hinges on State Finishing LNG Laws

More than half a dozen yellow tower cranes planted in the hillside above Mozambique’s capital are visible from a single vantage point at Anadarko Petroleum

October 15, 2014
Total Views: 115

Monday, October 13, 2014
drilling texas land rig
News

Oil Prices Continue to Fall as Output Hits Levels Not Seen Since the ’80s

West Texas Intermediate extended its rout from the lowest price in 22 months amid speculation that rising U.S. stockpiles are exacerbating a global glut

October 13, 2014
Total Views: 23

Sunday, October 12, 2014
Espadon Jurong Drillship Design
News

Bears Crowd to Sembcorp After Stock’s 18% Drop

Sembcorp Marine Ltd. lost about $1.3 billion in market value this year, making it the second-biggest decliner on Singapore’s Straits Times Index. There’s

October 12, 2014
Total Views: 35

Friday, October 10, 2014
Chinese Fisherman Killed In Clash With South Korean Coast Guard
News

Chinese Fisherman Killed In Clash With South Korean Coast Guard

The captain of a Chinese fishing boat died after a scuffle with a South Korean coast guard officer who fired a pistol

October 10, 2014
Total Views: 59

Thursday, October 9, 2014
Mexico’s Alemans Plans Investment for Controlling Stake of Oceanografia
News

Mexico’s Alemans Plans Investment for Controlling Stake of Oceanografia

Mexico’s Aleman family, owner of the airline Interjet, said it reached agreement to make a capital injection into bankrupt oil-services provider Oceanografia

October 9, 2014
Total Views: 100

Tuesday, October 7, 2014
Missing Vietnamese Oil Tanker Believed Hijacked
News

Missing Vietnamese Oil Tanker Believed Hijacked

A Vietnamese oil tanker missing for five days may have been hijacked after sailing from Singapore last week, say maritime officials searching for the

October 7, 2014
Total Views: 63

Ports of Seattle and Tacoma Team Up to Compete With Canadian Gateways
Ports

Ports of Seattle and Tacoma Team Up to Compete With Canadian Gateways

By Peter Robison and Christopher Donville Oct. 7 (Bloomberg) — The ports of Seattle and Tacoma, Washington, said they will unify management of marine

October 7, 2014
Total Views: 60

Carnival, Norwegian Shares Fall as Ebola Forces Lines to Skip Stops
News

Carnival, Norwegian Shares Fall as Ebola Forces Lines to Skip Stops

Cruise line stocks fell after Carnival Corp. and a company being bought by Norwegian Cruise Line Holdings Ltd. canceled stops in West Africa over concerns

October 7, 2014
Total Views: 31

North and South Korea Navies Trade Warning Fire Near Maritime Border
Shipping News

North and South Korea Navies Trade Warning Fire Near Maritime Border

By Sam Kim Oct. 7 (Bloomberg) — Naval boats of North Korea and South Korea exchanged warning fire near their disputed sea border in the Yellow Sea, days

October 7, 2014
Total Views: 65

LNG Carriers Line Up Off Argentina as Energy Demand Misjudged
News

LNG Carriers Line Up Off Argentina as Energy Demand Misjudged

Ships loaded with liquefied natural gas are lining up off the coast of Argentina after the government overshot winter orders, with a lack of storage facilities

October 7, 2014
Total Views: 49

Monday, October 6, 2014
Petronas Says Canada Pacific NorthWest LNG Project Risks 15-Year Delay
Shipping News

Petronas Says Canada Pacific NorthWest LNG Project Risks 15-Year Delay

By Christopher Donville and Rebecca Penty Oct. 6 (Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned energy company, said it may delay

October 6, 2014
Total Views: 33

foundry steel smelting smelter
News

World Steelmakers See Demand Growth Cooling Amid Ukraine Crisis

Steel consumption will grow at a slower pace as the crisis in Ukraine and the cooling Chinese real estate market contribute to declining demand, the World

October 6, 2014
Total Views: 66

Friday, October 3, 2014
deepwater horizon disaster
News

BP Seeks Review of ‘Gross Negligence’ Ruling

By Margaret Cronin Fisk and Laurel Brubaker Calkins Oct. 3 (Bloomberg) — BP Plc asked the U.S. judge in charge of thousands of oil-spill damage lawsuits

October 3, 2014
Total Views: 22