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.


Friday, April 25, 2014
Japan Prime Minister Revives Dying Shipyards with Economic Stimulus
News

Japan Prime Minister Revives Dying Shipyards with Economic Stimulus

For a sign of success for Prime Minister Shinzo Abe’s economic stimulus policies look no further than Japan’s once-stricken shipbuilding

April 25, 2014
Total Views: 41

Thursday, April 24, 2014
technip cascade chinook deep blue
News

Technip Surges After Winning Major Offshore Contracts

By Tara Patel April 24 (Bloomberg) — Technip SA, Europe’s largest oilfield-services provider by market value, rose to the highest level in almost six

April 24, 2014
Total Views: 44

China Releases Japanese Ship Held Over WWII-Era Dispute
Shipping News

China Releases Japanese Ship Held Over WWII-Era Dispute

By Chris Cooper and Kiyotaka Matsuda April 24 (Bloomberg) — A Chinese court released a Japanese ship owned by Mitsui O.S.K. Lines Ltd. after the cargo

April 24, 2014
Total Views: 50

Divers Continue Sewol Search as Probe Expands
News

Divers Continue Sewol Search as Probe Expands

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

April 24, 2014
Total Views: 52

Wednesday, April 23, 2014
Shale Boom Sends U.S. Crude Supplies to Highest Since 1930s
News

Shale Boom Sends U.S. Crude Supplies to Highest Since 1930s

The U.S. is stockpiling the most crude since the Great Depression, thanks to the shale boom that has boosted production to the most in 26

April 23, 2014
Total Views: 23

Monday, April 21, 2014
Genco Tiberius shipping capesize
Finance

Genco Shipping Files for Bankruptcy

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

April 21, 2014
Total Views: 238

Port of Los Angeles Shipments Jump Most Since 2007
News

Port of Los Angeles Shipments Jump Most Since 2007

Container shipments through the port of Los Angeles climbed in March by the most in seven years as commerce rebounded after disruptions caused by the Chinese

April 21, 2014
Total Views: 37

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: 53

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: 21

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: 64

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: 130

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: 60

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: 53

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: 106

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: 23

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: 43

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: 74

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: 109