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, September 15, 2014
North Korea Seeking Submarines Capable of Firing Missiles
Shipping News

North Korea Seeking Submarines Capable of Firing Missiles

By Sam Kim Sept. 15 (Bloomberg) — North Korea has tried to enhance its submarines to make them capable of firing ballistic missiles as it seeks to boost

September 15, 2014
Total Views: 58

fish farm salmon norway marine harvest
News

Marine Harvest Buys Chilean Salmon Farms, Boosts Access to Russia

Marine Harvest ASA, the world’s biggest salmon producer, bought farming assets from bankrupt Acuinova Chile SA for $120 million, boosting access to Russia

September 15, 2014
Total Views: 79

Thursday, September 11, 2014
Scorpio bulkers
Shipping News

Tax-Free MLPs Sweeping the Shipping Industry

Master limited partnerships, tax- exempt companies that pay investors most of their income at the cost of added risk, are spreading in the shipping

September 11, 2014
Total Views: 75

Wednesday, September 10, 2014
Ships of Chinese Coast Guard are seen near Chinese oil rig Haiyang Shi You 981 in the South China Sea
Shipping News

Vietnam Says Chinese Vessels Attacked Fishermen Near Paracels

Vietnam demanded compensation after Chinese boats allegedly rammed and robbed its fishing boats and beat some members of their crews, fanning tensions already

September 10, 2014
Total Views: 22

Tuesday, September 9, 2014
Canada Finds Historic Franklin Expedition Wreck
Interesting

Canada Finds Historic Franklin Expedition Wreck

Canada has found one of the two sunken British ships from Sir John Franklin’s 1845 expedition that disappeared in the Arctic, deck and mainmast

September 9, 2014
Total Views: 55

antarctic ice 02 1
Shipping News

Lingering Ice Delays Opening of Northern Sea Route

Shipping activity in the Northern Sea Route, an Arctic passage that can cut transit times by half for vessels traveling between north Europe and Asia, will

September 9, 2014
Total Views: 45

Saturday, September 6, 2014
United Kalavrvta
News

Iraq Pursues New Tack in Bid to Seize Tanker Off Texas Coast

Iraq’s Oil Ministry has asked a U.S. judge for permission to change its legal arguments in a bid to seize $100 million in Kurdish crude waiting in a tanker

September 6, 2014
Total Views: 33

Friday, September 5, 2014
ethane molecule
News

Chemical Boom at Risk as U.S. Ethane is Shipped Abroad

When ExxonMobil kicked off construction last month of its largest U.S. chemical investment, business unit chief Steven Pryor said he’d never seen a project

September 5, 2014
Total Views: 129

Thursday, September 4, 2014
BP Found Grossly Negligent In 2010 Gulf Oil Spill
Offshore

BP Found Grossly Negligent In 2010 Gulf Oil Spill

BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision

September 4, 2014
Total Views: 64

shenzi tlp bhp billiton
News

BHP Billiton Seeks to Explore Mexico’s Deep Water Fields

BHP Billiton Ltd. is preparing to join the bidding to develop Mexico’s deep-water oil fields when the nation opens its offshore resources to foreign

September 4, 2014
Total Views: 75

Wednesday, September 3, 2014
Ebola Virus Hits Bourbon’s First-Half Results
Offshore

Ebola Virus Hits Bourbon’s First-Half Results

The deadly Ebola outbreak in Nigeria is affecting Bourbon SA’s operations, the supplier of ships and crew to energy producers said after reporting it swung

September 3, 2014
Total Views: 40

Tuesday, September 2, 2014
Halliburton’s $1.1 Billion Spill Agreement Avoids Bigger Payouts
News

Halliburton’s $1.1 Billion Spill Agreement Avoids Bigger Payouts

Halliburton Co.’s agreement to pay $1.1 billion to settle most of the lawsuits over its role in the biggest U.S. offshore oil spill helps it avoid billions

September 2, 2014
Total Views: 76

Monday, September 1, 2014
port of los angeles container ship shipping
News

Los Angeles to Sell $340 Million in Bonds to Refurbish Container Port

The Los Angeles Harbor Department is selling about $340 million of debt, the most since 2009, after the risk of a crippling strike was reduced by a tentative

September 1, 2014
Total Views: 90

1024px-Pauk_1_BG52_Balaklava
News

Ukrainian Coast Guard Vessels Attacked as New EU Sanctions for Russia Loom

By Kateryna Choursina, Vladimir Kuznetsov and Ewa Krukowska Sept. 1 (Bloomberg) — Pro-Russian rebels attacked two Ukrainian coast-guard vessels, just

September 1, 2014
Total Views: 88

Friday, August 29, 2014
United Kalavrvta
News

Tanker Carrying Disputed Kurdish Oil Still Off Texas – Operator

A tanker carrying 1 million barrels of disputed Kurdish oil remains off Texas, according to the vessel’s

August 29, 2014
Total Views: 50

Thursday, August 28, 2014
Gulf Marine Pays First Dividend as Demand Boosts Profit
Offshore

Gulf Marine Pays First Dividend as Demand Boosts Profit

Gulf Marine Services, a provider of support vessels for offshore oil exploration, is to pay its first dividend after interim profit rose amid strong

August 28, 2014
Total Views: 22

New Ship Rules Come Amid Worst Barge Spills Since 2008
News

New Ship Rules Come Amid Worst Barge Spills Since 2008

Tighter regulation of U.S. ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since

August 28, 2014
Total Views: 51

Wednesday, August 27, 2014
skeena river prince rupert canada
News

Canadian Ports Win as Boxships Divert on U.S. Labor Concerns

Prince Rupert, a remote port luring tourists with the slogan “Where Canada’s Wilderness Begins,” may want to consider a new motto: “Asia’s Gateway to

August 27, 2014
Total Views: 25

Canada Ports Win as Container Ships Divert on Labor Concern
News

Canada Ports Win as Container Ships Divert on Labor Concern

Traffic at Canada's Port of Prince Rupert soared 49 percent in July from a year earlier as container ships try to avoid delays from a possible strike by U.S.

August 27, 2014
Total Views: 83

Monday, August 25, 2014
Hyundai Heavy Industries
News

Time to Buy as Korean Shipbuilders Hit Rock Bottom

South Korean shipbuilders, this year’s worst-performing industry group, are attracting buy recommendations from three of the nation’s biggest brokerages

August 25, 2014
Total Views: 69