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, April 21, 2014
Chinese Court Seizes MOL Ore Carrier Over 1930’s Dispute
News

Chinese Court Seizes MOL Ore Carrier Over 1930’s Dispute

A Shanghai court ordered the seizure of a Japanese iron ore carrier from Mitsui OSK Lines Ltd. as compensation for the loss of two ships leased from a Chinese

April 21, 2014
Total Views: 52

Saturday, April 19, 2014
Search for MH370: AUV May Complete Mission Next Week
News

Search for MH370: AUV May Complete Mission Next Week

An unmanned submarine on its seventh dive for the missing Flight MH370 may complete its mission in the southern Indian Ocean within a week, said the Australian

April 19, 2014
Total Views: 20

Tuesday, April 15, 2014
AUV Aborts Subsea Search for Flight MH370
News

AUV Aborts Subsea Search for Flight MH370

A submarine scouring the floor of the Indian Ocean for the missing Malaysian jet had to abort its maiden voyage after descending too deep, providing

April 15, 2014
Total Views: 61

Monday, April 14, 2014
rio tinto capesize iron ore bulk carrier cape lambert
News

Record Iron-Ore Production from Rio Tinto’s Australian Mines

April 15 (Bloomberg) — Rio Tinto Group, the world’s second-largest mining company, said first-quarter iron-ore production rose to a record after

April 14, 2014
Total Views: 114

Friday, April 11, 2014
Australia Narrows ‘Pinger’ Search for MH370 to Within Kilometers
News

Australia Narrows ‘Pinger’ Search for MH370 to Within Kilometers

Australian Prime Minister Tony Abbott said he’s confident crews hunting for the missing Malaysian jet have narrowed down the location of its black box to

April 11, 2014
Total Views: 59

Thursday, April 10, 2014
Eagle Ford Exports Spurs Corpus Christi Port Construction Boom
News

Eagle Ford Exports Spurs Corpus Christi Port Construction Boom

America’s newest energy hub just got a little

April 10, 2014
Total Views: 53

u.s. flagged tanker
News

U.S. Gulf Coast Piling Up With Crude Oil

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can

April 10, 2014
Total Views: 38

Navy-Submarine-Sonar-Officer
Shipping News

Australian Plane Hears Signal After Ship Captures Pings

An Australian search plane picked up a transmission around the area where a ship previously heard pings, a day after investigators expressed optimism they can

April 10, 2014
Total Views: 52

Wednesday, April 9, 2014
610x
Navy

U.S. Navy LCS – Fit For Service Or ‘Incredible Failure’?

by Tony Capaccio (Bloomberg) U.S. Navy officers in the Pacific fleet say the service’s Littoral Combat Ship may lack the speed, range and electronic warfare

April 9, 2014
Total Views: 105

PT Berlian Laju Tanker

U.S. West Gasoline Output Surges

By Lynn Doan (Bloomberg) – Gasoline output in the western U.S. jumped to a record as refiners and blenders boosted production to meet stricter

April 9, 2014
Total Views: 20

bhp billiton port hedland western australia bulk carrier
News

Iron Ore Bear Market Deepens as Aussie Mines Expand

By Phoebe Sedgman April 10 (Bloomberg) — The world is mining more iron ore than steelmakers need. Australia, the largest supplier, sent 504 ships from

April 9, 2014
Total Views: 42

El Nino Ocean Temperature
Marine Weather

El Nino Odds High As Pacific Ocean Warms

By Phoebe Sedgman (Bloomberg) – An El Nino weather pattern, which can parch parts of Australia and Asia while bringing rains to South America, will

April 9, 2014
Total Views: 72

Tuesday, April 8, 2014
Black Box Pinger’s Signature Is Unmistakable to Trained Ears
News

Black Box Pinger’s Signature Is Unmistakable to Trained Ears

Alan Levin and Thomas Black April 8 (Bloomberg) — Aircraft black-box pingers, like those from the missing Malaysian jetliner lying somewhere in the

April 8, 2014
Total Views: 108

South China Sea – Indonesia Seeking Clarity (or butting heads?) with China
Maritime Security

South China Sea – Indonesia Seeking Clarity (or butting heads?) with China

by Neil Chatterjee (Bloomberg) – Indonesia is seeking clarity on China’s intent behind its maritime claims in the South China Sea to avoid the risk

April 8, 2014
Total Views: 31

Monday, April 7, 2014
Navy-Submarine-Sonar-Officer
Incidents

Submarine Hunters Lead Search For Malaysian Airliner

By David Stringer (Bloomberg) – Leaning on a window ledge of a Boeing Co. (BA) P-8A Poseidon, U.S. Navy aircrewman David Everly peered over the Indian

April 7, 2014
Total Views: 75

osg
Finance

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

April 7, 2014
Total Views: 1234

Alfa Laval Buys Norwegian Pump Maker Frank Mohn for $2.2 Billion
News

Alfa Laval Buys Norwegian Pump Maker Frank Mohn for $2.2 Billion

By Andrew Noel and Veronica Ek April 7 (Bloomberg) — Alfa Laval AB agreed to buy Norwegian pumpmaker Frank Mohn AS, the manufacturer of Framo

April 7, 2014
Total Views: 194

BG Group to Move LNG and Oil Marketing to Singapore
News

BG Group to Move LNG and Oil Marketing to Singapore

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

April 7, 2014
Total Views: 113

Sunday, April 6, 2014
Singapore to Become Asian LNG Hub by 2018 -Government
News

Singapore to Become Asian LNG Hub by 2018 -Government

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

April 6, 2014
Total Views: 61

Australian Natural Gas Industry Wants to Curb Pay
Offshore

Australian Natural Gas Industry Wants to Curb Pay

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

April 6, 2014
Total Views: 38