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Wednesday, March 27, 2013
bhp billiton port hedland western australia bulk carrier
News

Dry Bulk Market Could be on Cusp of Sustained Recovery Says Jefferies

(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised

March 27, 2013
Total Views: 14

Tuesday, March 26, 2013
bulk carrier grain dry cargo ship
News

After Longest Rally in a Decade, Rates for Panamax Bulk Carriers Fall

March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before

March 26, 2013
Total Views: 26

jsw india
News

Billionaire to Develop India’s First LNG Import Terminal as Gas Shortage Worsens

(Bloomberg) — India’s JSW Group, controlled by the billionaire Jindal family, plans to spend 40 billion rupees ($736 million) to build its first

March 26, 2013
Total Views: 66

Monday, March 25, 2013
john fredriksen
Engineering News

Fredriksen Places $2.6 Billion Bet on the Future of Shipping

(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting

March 25, 2013
Total Views: 80

UK Energy Firm Signs 20-Year Deal to Import U.S. LNG
News

UK Energy Firm Signs 20-Year Deal to Import U.S. LNG

(Bloomberg) — Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing

March 25, 2013
Total Views: 44

Sunday, March 24, 2013
Havyard 832L L WE
News

Battered by 2008 Economic Meltdown, Iceland Welcomes Expansion of Arctic Offshore Exploration

March 22 (Bloomberg) — Iceland, which issued its first oil and gas exploration licenses this year, will probably order more supply vessels from Norway as

March 24, 2013
Total Views: 22

Friday, March 22, 2013
BW Utik vlcc supertanker tanker
News

VLCC Charter Rates Show First Decline in 3 Weeks

(Bloomberg) — Charter rates for the largest oil tankers on the industry’s busiest trade route declined for the first time in three weeks amid

March 22, 2013
Total Views: 80

maersk
News

Overcapacity Trumps Rate Hike Plan, Maersk Shares Fall

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

March 22, 2013
Total Views: 30

Thursday, March 21, 2013
Breaking: Italian Marines Return to India
News

Breaking: Italian Marines Return to India

By Andrew Davis and Chiara Vasarri March 21 (Bloomberg) — Two Italian marines charged with killing fishermen will return to India to stand trial in a bid

March 21, 2013
Total Views: 36

norden
Interesting

Norden Captain: “Hey Look, No Engines!”

Nord Integrity Captain Cut the Power and Drifted for Days to Save Fuel By Isaac Arnsdo (Bloomberg) — A tanker owned by D/S Norden A/S, Europe’s biggest

March 21, 2013
Total Views: 33

Wednesday, March 20, 2013
Dapeng Sun lng carrier

China Venture to Order Six LNG Carriers

Jasmine Wang and Aibing Guo (Bloomberg) — China Shipping Development Co.’s venture will order six liquefied natural gas tankers worth about $1.2

March 20, 2013
Total Views: 52

BG Group
News

BG Group Signs Long Term LNG Contract with India

(Bloomberg) — BG Group Plc, the U.K.’s third- largest natural gas-producer, agreed to a long-term sale of liquefied natural gas to India. BG will

March 20, 2013
Total Views: 42

Tuesday, March 19, 2013
Transocean CEO: Deepwater Horizon Crew “Should Have Done More”
Offshore

Transocean CEO: Deepwater Horizon Crew “Should Have Done More”

By Allen Johnson Jr. and Margaret Cronin Fisk (Bloomberg) — Transocean Ltd. crew on the Deepwater Horizon “should have done more” to prevent

March 19, 2013
Total Views: 184

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

By Rob Sheridan (Bloomberg) — Frontline 2012 Ltd., the shipping company led by billionaire John Fredriksen, almost doubled the number of vessels

March 19, 2013
Total Views: 31

Monday, March 18, 2013
Panamax Rates Climb to 8-Month High
News

Panamax Rates Climb to 8-Month High

By Rob Sheridan (Bloomberg) — Rates for Panamax ships climbed to the highest level in almost eight months on increased demand to move grains and

March 18, 2013
Total Views: 18

lng carrier ship liquefied natural gas lngc shipping

Japan Seeks Free Trade Agreement and Easier Access to American LNG

(Bloomberg) — Japan’s bid to join negotiations for the Trans-Pacific Partnership trade agreement may make it easier for the nation to import U.S.

March 18, 2013
Total Views: 37

Saturday, March 16, 2013
hercules offshore
News

Hercules Offshore Wins Court Ruling in Executive Pay Lawsuit

(Bloomberg) — Hercules Offshore Inc., a drilling- rig supplier, won the dismissal of a lawsuit challenging its executive pay decisions that a judge said

March 16, 2013
Total Views: 172

Friday, March 15, 2013
Safe scandinavia prosafe accommodation rig
News

Prosafe Drops Over 4 Percent as Share Sale Outweighs Vessel Demand

(Bloomberg) — Prosafe SE fell the most in almost seven months in Oslo as a share sale equivalent to 5.7 percent of the company outweighed the effect of

March 15, 2013
Total Views: 36

maersk container
News

Maersk Line Shares are Lifted as Container Shippers Dare to Sneak Rates Higher

(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in 10 days in Copenhagen trading after freight

March 15, 2013
Total Views: 62

Thursday, March 14, 2013
Enrica Lexie Dispute Deepens as Ambassador Told to Stay in India
News

Enrica Lexie Dispute Deepens as Ambassador Told to Stay in India

By Bibhudatta Pradhan (Bloomberg) — India’s top court told the Italian ambassador to New Delhi not to leave the country without its permission as

March 14, 2013
Total Views: 19