Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Friday, April 19, 2013
greek flag greece
News

Greek Shipowners Play Russian Roulette With Dry Bulk Market

(Bloomberg) — Greek ship owners, who control more vessels than those of any other country, are buying the most iron-ore carriers since before the global

April 19, 2013
Total Views: 66

Wednesday, April 17, 2013
pluto lng woodside
News

Woodside Petroleum’s Sales Rise 21% After Pluto LNG Start

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, said first-quarter sales increased 21 percent, boosted by its A$15

April 17, 2013
Total Views: 32

U.S. Offshore Drilling Safer Post DWH, Panel Says
Offshore

U.S. Offshore Drilling Safer Post DWH, Panel Says

Offshore drilling is safer than prior to the BP Plc spill in 2010 even though the U.S. Congress has failed to pass legislation tightening

April 17, 2013
Total Views: 18

bhp billiton port hedland western australia bulk carrier

Iron Ore Miners Plan $250 Billion in New Expansion, Capesize Outlook Improves

Iron ore output expanding 11 percent this quarter will help increase shipping rates, according to Fearnley Securities

April 17, 2013
Total Views: 44

Mekaines q-max lng carrier
News

Demand for LNG Carriers Slips as Production Fails to Keep Up

(Bloomberg) — Demand to ship liquefied natural gas declined last quarter as export volumes shrank, according to RS Platou Markets AS, the

April 17, 2013
Total Views: 53

Tuesday, April 16, 2013
Japanese Shipping Lines Cash in on Weak Yen
News

Japanese Shipping Lines Cash in on Weak Yen

(Bloomberg) — Japanese shipping lines, buffeted by a decline in freight rates, are set to get a more than $500 million boost to their earnings from a

April 16, 2013
Total Views: 50

Monday, April 15, 2013
Freeport LNG terminal

Freeport LNG Months Away from U.S. Export Approval

By Edward Klump (Bloomberg) — Freeport LNG Development LP may get expanded approval from the U.S. Energy Department to export liquefied natural gas in

April 15, 2013
Total Views: 29

Carnival to Reimburse U.S. For Triumph, Splendor Response

Carnival to Reimburse U.S. For Triumph, Splendor Response

By Christopher Palmeri (Bloomberg) — Carnival Corp., bowing to pressure from U.S. Senator Jay Rockefeller, said it will reimburse the U.S. for costs

April 15, 2013
Total Views: 25

STX May Sell Dalian Shipyard
News

STX May Sell Dalian Shipyard

April 15 (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean company that is rescheduling debt with creditors, jumped the most in two years

April 15, 2013
Total Views: 78

Saturday, April 13, 2013
Canada Bets On LNG Exports To China
Uncategorized

Canada Bets On LNG Exports To China

(Bloomberg) Ed Fast, Canada’s international trade minister, comments on the trade relationship between Canada and China, along with his country’s

April 13, 2013
Total Views: 16

Friday, April 12, 2013
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong

U.S. Lifts Iran Sanctions on Three Maritime Companies

By Gopal Ratnam (Bloomberg) — The U.S. is lifting sanctions imposed in 2011 on three companies accused of doing business with Iran after they pledged not

April 12, 2013
Total Views: 32

vlcc supertanker

Tanker Rates Gain for First Time in Three Weeks

Rob Sheridan (Bloomberg) — Charter costs for the biggest oil tankers hauling Middle East crude to Asia rose for the first time in three weeks amid

April 12, 2013
Total Views: 46

STX Leads Losses in South Korea
News

STX Leads Losses in South Korea

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards

April 12, 2013
Total Views: 36

Thursday, April 11, 2013
ConocoPhillips Halts Chukchi Plans as U.S. Reviews Arctic Drilling
Offshore

ConocoPhillips Halts Chukchi Plans as U.S. Reviews Arctic Drilling

By Edward Klump (Bloomberg) — ConocoPhillips, the largest U.S. independent oil and natural gas producer, put its plans to explore in Alaska’s

April 11, 2013
Total Views: 46

Wednesday, April 10, 2013
Above Average 2013 Hurricane Season Expected
Uncategorized

Above Average 2013 Hurricane Season Expected

By Brian K. Sullivan (Bloomberg) — An above-average number of storms will emerge from the Atlantic this hurricane season, and the odds of the U.S. being

April 10, 2013
Total Views: 29

Mozambique’s Gas Reserves Could Reach 250 Trillion Cubic Feet
News

Mozambique’s Gas Reserves Could Reach 250 Trillion Cubic Feet

April 10 (Bloomberg) — Tanzania sees natural-gas reserves more than doubling by early 2015 from the 40 trillion cubic feet discovered by companies

April 10, 2013
Total Views: 83

Tuesday, April 9, 2013
circassia frontline tankers crude oil tanker
News

Miserable VLCC Market Continues as Tankers Queue up in Persian Gulf

(Bloomberg) — A glut of oil tankers competing to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is set to stay at the highest

April 9, 2013
Total Views: 46

Cost of Somali Piracy Fell 13% in 2012, Report shows
Piracy

Cost of Somali Piracy Fell 13% in 2012, Report shows

By Isaac Arnsdorf (Bloomberg) — The cost of Somali piracy to the global economy fell 13 percent last year to about $6 billion as the increased presence

April 9, 2013
Total Views: 46

port hong kong container shipping containers
News

Hong Kong Port Workers to Hold Talks as Strike Enters 13th Day

(Bloomberg) — Striking dockworkers at Hongkong International Terminals Ltd., the port operator backed by billionaire Li Ka-shing, will hold talks with

April 9, 2013
Total Views: 44

Monday, April 8, 2013
vantage drilling, bp
News

Vantage Drilling Sues BP

(Bloomberg) — Vantage Drilling Co. sued a BP Plc unit over what it claims was a $265.5 million increase in financing costs stemming from the 2010 Gulf of

April 8, 2013
Total Views: 95