Overseas Shipholding Approved to Sign $300 Million Equity Deal
Overseas Shipholding Group Inc. won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company’s
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.
Overseas Shipholding Group Inc. won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company’s
By Andrew Noel and Veronica Ek April 7 (Bloomberg) — Alfa Laval AB agreed to buy Norwegian pumpmaker Frank Mohn AS, the manufacturer of Framo
By Chou Hui Hong April 7 (Bloomberg) — BG Group Plc, Britain’s third- largest natural gas producer, will move its global headquarters for marketing LNG
By Chou Hui Hong April 7 (Bloomberg) — Singapore’s political neutrality and English-speaking workforce will help the city-state become an Asian hub for
By James Paton April 7 (Bloomberg) — The Australian government should act to rein in rising labor costs that threaten a potential A$180 billion ($167
By Harry R. Weber and Dan Murtaugh April 4 (Bloomberg) — By the time the ships’ pilots realized they were on a crash course, it was too late. The
By Jason Scott April 5 (Bloomberg) — Crews hunting for the missing Malaysian jet are extending the search to beneath the surface of the Indian Ocean,
April 3 (Bloomberg) — China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a
April 2 (Bloomberg) — Former Evercore Group LLC investment banker Frank Perkins Hixon Jr. pleaded guilty to insider trading in a scheme that the U.S.
By Maher Chmaytelli April 1 (Bloomberg) — The Libyan government may be willing to accept an interim deal that would allow oil ports to reopen without
By Nicholas Brautlecht April 1 (Bloomberg) — Hamburg Sued Group, Germany’s second biggest container shipping line, may revive merger plans with
April 1 (Bloomberg) — The commodities boom is over and you can have some money back. For investors in Japan’s biggest trading houses, Mitsubishi Corp.
The Australian vessel Ocean Shield is scheduled to depart today to search for Malaysian Air Flight 370 after being fitted with an autonomous underwater vehicle
Australian and Chinese ships recovered unidentified objects from the Indian Ocean as planes spotted more items in the search for Malaysian Air Flight
The hunt for Malaysian Air Flight 370 shifted focus for the third time in as many weeks after new analysis indicated the plane could have gone down hundreds of
March 28 (Bloomberg) — OW Bunker A/S shares surged as much as 19 percent on its first day of trading in Copenhagen after the marine fuel provider was
China, in the midst of a military buildup challenging the U.S. and Japan, is showcasing its expanded capabilities in the search for Malaysia’s missing plane
Thai satellite images of more than 300 objects in the south Indian Ocean produced another lead in the hunt for Malaysian Air Flight 370, with Japanese
By Dan Murtaugh and Barbara Powell March 26 (Bloomberg) — The Houston Ship Channel, home to the nation’s largest petrochemical complex and export port,
March 26 (Bloomberg) — Singapore LNG Corp. is touting its experience running Southeast Asia’s biggest liquefied natural gas receiving terminal as a
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up