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.


Thursday, June 19, 2014
cameron lng ship facility
News

U.S. Approves LNG Exports from Sempra’s Cameron LNG Terminal

Sempra Energy’s plan to export liquefied natural gas from its Cameron LNG terminal in Louisiana has been granted final U.S. approval, becoming the second

June 19, 2014
Total Views: 32

Wednesday, June 18, 2014
Maersk Explores Plan B After P3 Alliance Block
Shipping News

Maersk Explores Plan B After P3 Alliance Block

A.P. Moeller-Maersk A/S said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators

June 18, 2014
Total Views: 21

Tuesday, June 17, 2014
maersk line
Shipping News

China’s P3 Alliance Block Sends Maersk Shares Tumbling

China blocked the formation of a global alliance by the world’s three biggest shipping lines in a surprise move that ignored Western approval of the plan and

June 17, 2014
Total Views: 59

Monday, June 16, 2014
shell woodside logo
News

Shell Unloads Huge Stake in Woodside Petroleum

Royal Dutch Shell Plc, Europe’s largest oil company, is selling most of its 23 percent stake in Woodside Petroleum Ltd. for about $5 billion after tax in

June 16, 2014
Total Views: 147

Asian Cruise Ship Builder’s a ‘Threat’ to Europe Yards – Study
News

Asian Cruise Ship Builder’s a ‘Threat’ to Europe Yards – Study

Europe’s almost 50-year long dominance in cruise shipbuilding may be undermined in coming years as yards in Japan and China grab orders amid growing demand,

June 16, 2014
Total Views: 116

Asian Cruise-Ship Builders ‘Threat’ to European Yards
News

Asian Cruise-Ship Builders ‘Threat’ to European Yards

By Nicholas Brautlecht June 16 (Bloomberg) — Europe’s almost 50-year long dominance in cruise shipbuilding may be undermined in coming years as yards

June 16, 2014
Total Views: 64

Friday, June 13, 2014
turbojet cacilhas
Incidents

70 Injured as Hydrofoiling Ferry Crashes into Breakwater

A high-speed ferry en route to Macau from Hong Kong hit a breakwater this morning, injuring 70 people, Macau’s Marine and Water Bureau

June 13, 2014
Total Views: 194

Wednesday, June 11, 2014
oil storage tanks salalah
News

China’s Record Hoarding of Oil Seen Keeping Crude Above $100

June 11 (Bloomberg) — China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices

June 11, 2014
Total Views: 46

Tuesday, June 10, 2014
Obama Signs $12.3 Billion Public Works Bill to Expand U.S. Ports
News

Obama Signs $12.3 Billion Public Works Bill to Expand U.S. Ports

President Barack Obama signed into law a $12.3 billion water-projects plan that will pay for deepening ports for bigger ships, cutting costs for

June 10, 2014
Total Views: 40

Monday, June 9, 2014
Hyundai Merchant Marine masan
News

Hyundai Group in Talks to Sell Stake in Logistics Unit to Orix

By Kyunghee Park and Chris Cooper June 9 (Bloomberg) — Hyundai Group, the South Korean conglomerate planning to raise 3.3 trillion won ($3.2 billion)

June 9, 2014
Total Views: 41

Friday, June 6, 2014
Tin Shipments From Indonesia Jump to Highest in Five Months
News

Tin Shipments From Indonesia Jump to Highest in Five Months

#451322505 / gettyimages.com Yoga Rusmana and Eko Listiyorini June 6 (Bloomberg) — Tin exports from Indonesia, the world’s largest supplier, surged

June 6, 2014
Total Views: 39

Gail India Breaks with Tradition, Offers Henry Hub-Linked LNG
News

Gail India Breaks with Tradition, Offers Henry Hub-Linked LNG

Debjit Chakraborty and Rakteem Katakey June 6 (Bloomberg) — Gail India Ltd., the nation’s largest natural gas distributor, is offering supplies from

June 6, 2014
Total Views: 48

Thursday, June 5, 2014
deepwater horizon disaster
News

Report: Flaws in Gulf Rigs Persist Four Years After Deepwater Horizon Disaster

Flaws in safety equipment and procedures used on Gulf of Mexico rigs persist four years after 11 workers died in an explosion aboard the Deepwater Horizon that

June 5, 2014
Total Views: 65

shipping ship smoke emissions carbon co2
News

Ship Operators Propose Drones to Hunt Down Emissions Violators

The world’s biggest shipping companies will call on authorities to deploy drones in enforcing new pollution controls that may tempt competitors to use

June 5, 2014
Total Views: 51

Wednesday, June 4, 2014
Oceanografia SA Chief Executive Officer Amado Yanez
News

Oceanografia CEO Said to Post Bail After Citigroup Fraud Arrest

By Ben Bain and Nacha Cattan June 4 (Bloomberg) — Oceanografia SA Chief Executive Officer Amado Yanez posted bail after his arrest on charges related to

June 4, 2014
Total Views: 59

Ships waiting to be loaded with iron ore are seen at Port Hedland in the Pilbara region of Western Australia
Shipping News

Iron Ore Cargoes at Record as Pilbara Mines “Export Socks Off”

Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the

June 4, 2014
Total Views: 42

Monday, June 2, 2014
foundry steel smelting smelter
News

China Builds Sulawesi Smelters as Ore Export Ban Cuts Jobs

June 3 (Bloomberg) — Since Indonesia banned ore exports, the global nickel industry has been rocked by surging prices, Chinese workers like Zhang Qi

June 2, 2014
Total Views: 227

oil tanker vlcc ship shipping
News

Oil Tanker Hauling Disputed Crude U-Turns in Atlantic Ocean

By Nayla Razzouk and Khalid Al-Ansary June 3 (Bloomberg) — An oil tanker shipping crude from Iraq’s semi-autonomous Kurdish region turned back after

June 2, 2014
Total Views: 21

Friday, May 30, 2014
Tugs support a bulk carrier arriving at an iron ore terminal. File image: Shutterstock/tcly
Ports

Tug Officers Join Deckhands in Approving Port Hedland Strikes

Tugboat officers at Australia’s Port Hedland joined deckhands in approving work stoppages, risking disruptions at the world’s biggest bulk export terminal

May 30, 2014
Total Views: 41

Tugs support a bulk carrier arriving at an iron ore terminal. File image: Shutterstock/tcly
News

Tug Officers Join Deckhands in Approving Port Hedland Strikes

Phoebe Sedgman and Jasmine Ng May 30 (Bloomberg) — Tugboat officers at Australia’s Port Hedland joined deckhands in approving work stoppages, risking

May 30, 2014
Total Views: 42