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.


Tuesday, January 21, 2014
Halliburton Worker Gets Probation for Destroying Well Tests
News

Halliburton Worker Gets Probation for Destroying Well Tests

A former Halliburton Co. manager was spared jail for destroying well-testing evidence after BP Plc’s 2010 Gulf of Mexico oil

January 21, 2014
Total Views: 56

Monday, January 20, 2014
wheatstone steel gravity structure dsme
News

Shell Exits Wheatstone LNG

Royal Dutch Shell Plc, Europe’s largest oil company, will exit the Wheatstone LNG project in Australia after selling its interests for $1.14 billion to

January 20, 2014
Total Views: 87

Friday, January 17, 2014
hapag lloyd csav
Finance

CSAV: No Agreements Yet With Hapag-Lloyd

Hapag-Lloyd AG, Germany’s biggest container shipper, is negotiating an all-share transaction to acquire Chile’s Cia. Sud Americana de Vapores SA, according

January 17, 2014
Total Views: 99

LNG ship
Shipping News

LNG ASIA: Traders Forecast Spot-Price Gains as Buying Increases

North Asia’s March spot prices for liquefied natural gas will probably gain next week on more buying from Asia and Latin America, according to three of six

January 17, 2014
Total Views: 26

Thursday, January 16, 2014
Pentagon to Cut U.S. Navy Littoral Combat Ship Order by 20
News

Pentagon to Cut U.S. Navy Littoral Combat Ship Order by 20

The Pentagon has given the U.S. Navy preliminary instructions to buy 32 of its troubled Littoral Combat Ships instead of the 52 previously planned, according

January 16, 2014
Total Views: 46

Monday, January 13, 2014
Sacyr Vows to Finish Panama Canal Expansion Work As Planned
Shipping News

Sacyr Vows to Finish Panama Canal Expansion Work As Planned

Sacyr SA pledged to complete its contract to expand the Panama Canal, edging back from a threat to suspend the project if the waterway’s authority didn’t

January 13, 2014
Total Views: 53

Sunday, January 12, 2014
nickel ore indonesia
News

Philippines Sees Nickel Boon on Indonesia’s Ban

The ban on mineral-ore exports from Indonesia, the world’s biggest nickel producer, is poised to benefit neighboring miners in the Philippines, who are

January 12, 2014
Total Views: 67

Freeport-McMoRan Copper & Gold
Shipping News

Indonesia Eases Ore Ban as Freeport Keeps Copper Exports

Indonesia pushed ahead with a watered-down ban on mineral ore exports that will cut global nickel supplies and allow Freeport-McMoRan Copper & Gold Inc. to

January 12, 2014
Total Views: 71

Friday, January 10, 2014
bulk carrier iron ore loading australia
News

Capesize Rates Plunge Nearly 30 Percent

The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia restricted some exports by Drummond Co.,

January 10, 2014
Total Views: 23

shell prelude flng
News

LNG Export Surge Has Significant Implications for Australian Economy

Jan. 10 (Bloomberg) — Australia’s natural-gas buyers are poised to pay more even as supply more than doubles in the next five years because higher

January 10, 2014
Total Views: 35

Thursday, January 9, 2014
Crude Tanker Market Recovery Hinges on Ending U.S. Export Ban

Crude Tanker Market Recovery Hinges on Ending U.S. Export Ban

The recovery propelling shipping markets is poised to leave crude-oil tankers behind, unless the U.S. changes its 39-year-old ban on most unrefined

January 9, 2014
Total Views: 73

Broken Lock Backs Up Barges At Louisiana’s Industrial Canal

Broken Lock Backs Up Barges At Louisiana’s Industrial Canal

Barges are backed up on the Mississippi River near a New Orleans canal, delaying some shipments of gasoline and diesel to nearby states, after a 90- year-old

January 9, 2014
Total Views: 44

polarled pipeline
News

Statoil Scraps Plan for Kristin – Polarled Deepwater Connection

Statoil ASA, Norway’s biggest energy company, canceled plans to build a pipeline tying the Kristin natural-gas field to the planned $4 billion Polarled

January 9, 2014
Total Views: 140

Wednesday, January 8, 2014
Wärtsilä engine trieste
Uncategorized

Rolls-Royce in Talks to Buy Wärtsilä Ship Power

By Aaron Kirchfeld, Trista Kelley and Robert Wall Rolls-Royce Holdings Plc (RR/), the second-largest maker of airliner engines, is exploring an offer for the

January 8, 2014
Total Views: 663

Ivory Coast Seeks Investment Into Offshore Energy Industry

Ivory Coast Seeks Investment Into Offshore Energy Industry

Ivory Coast Prime Minister Daniel Kablan Duncan said his nation will boost oil production within five years to 200,000 barrels a day, rivaling neighboring

January 8, 2014
Total Views: 44

COSLPromoter yantai raffles

China Oilfield…”An Attractive Deal for Investors”

China Oilfield has surged 46 percent in Hong Kong trading in the past year, as its main customer Cnooc Ltd. increased capital spending on offshore

January 8, 2014
Total Views: 32

Tuesday, January 7, 2014
Panama Canal Expansion Builder Names Price in Cost Dispute

Panama Canal Expansion Builder Names Price in Cost Dispute

A group led by Sacyr SA said it will need more money than the Panama Canal Authority is offering to continue expansion work on the waterway as a dispute over

January 7, 2014
Total Views: 40

Lisa Murkowski brookings

Top U.S. Senator Urges End to Crude Oil Export Ban

Murkowski - "The goal must be to make energy more

January 7, 2014
Total Views: 86

bourbon logo

Bourbon Sells Dozen Vessels, More Asset-Shedding to Follow

Bourbon SA, an operator of supply and crew ships for the oil industry, sold a dozen vessels for $378 million to China’s ICBC Financial Leasing to reduce

January 7, 2014
Total Views: 81

Sunday, January 5, 2014
Panama Canal Authority Rejects Builder’s Threat to Stop Expansion Work

Panama Canal Authority Rejects Builder’s Threat to Stop Expansion Work

The Panama Canal Authority rejected claims from a group led by Sacyr SA, which has threatened to abandon expansion work if the waterway doesn’t meet a

January 5, 2014
Total Views: 48