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, October 22, 2013
scorpio tankers
News

Scorpio Dominates in Biggest Wager on Tankers Since ’08

Oct. 22 (Bloomberg) — Scorpio Tankers Inc. is leading the biggest construction boom for vessels hauling diesel and oil products since the recession five

October 22, 2013
Total Views: 116

rosneft nakhodka terminal
News

Rosneft to Supply 100 Million Tons of Crude to China

Oct. 22 (Bloomberg) — OAO Rosneft outlined a deal to supply China Petrochemical Corp., or Sinopec, 100 million metric tons of crude during 10 years as

October 22, 2013
Total Views: 42

Monday, October 21, 2013
stx offshore lng carrier sovcomflot gazprom
News

Russian LNG Exports Look Brighter After Putin Orders

Oct. 21 (Bloomberg) — Russia’s Energy Ministry may from December be able to grant licenses to export liquefied natural gas, moving closer to

October 21, 2013
Total Views: 86

Sunday, October 20, 2013
China Bids For World’s Largest Deepwater Oil Field
Offshore

China Bids For World’s Largest Deepwater Oil Field

For Chinese oil companies, competing in Brazil’s auction today for the giant Libra field represents a change in strategy. A successful bid would be their

October 20, 2013
Total Views: 54

Friday, October 18, 2013
singapore LNG import jetty
News

Singapore LNG Names Ng as CEO to Lead Jurong Terminal Expansion

Oct. 18 (Bloomberg) — Singapore LNG Corp., the operator of the Southeast Asian country’s first liquefied natural gas receiving and exporting

October 18, 2013
Total Views: 63

Thursday, October 17, 2013
kyeema spirit teekay
News

Aframax Tanker Rates Jump 51% in Two Days

Oct. 17 (Bloomberg) — The cost of shipping Russian oil to northwest Europe had the biggest two-day jump since April as traders accelerated bookings of

October 17, 2013
Total Views: 65

Wednesday, October 16, 2013
port of baltimore
News

Baltimore Port Shut Down as Longshoremen Strike on Contract Feud

Oct. 17 (Bloomberg) — Baltimore’s port ceased operations as 2,000 union longshoremen walked off the job in a contract dispute, snarling imported

October 16, 2013
Total Views: 64

LNG carrier Nakilat qatargas
News

Northeast Asia LNG Prices Jump Most in 10 Months, Buyers Seeking Cargoes

Oct. 16 (Bloomberg) — Short-term liquefied natural gas prices for Northeast Asia jumped by the most since December as buyers sought more cargoes for

October 16, 2013
Total Views: 11

Tuesday, October 15, 2013
MV Maersk Mc-Kinney Moller
News

Profit Targets Missed as Giant New Containerships Ply the Ocean

Oct. 15 (Bloomberg) — Kuehne & Nagel International AG, the world’s biggest sea-freight forwarder, reported third-quarter profit that missed

October 15, 2013
Total Views: 45

Monday, October 14, 2013
Shanghai Waigaoqiao Shipbuilding
News

China Steel Binge Spurs Record Hiring of Ore Carriers

View Larger Map Above is a satellite view of Shanghai Waigaoqiao Shipbuilding which is busy building large bulk carriers. Oct. 15 (Bloomberg) — Freight

October 14, 2013
Total Views: 35

Saturday, October 12, 2013
Captain Phillips Movie Hero or Lawsuit Villian?
Blog

Captain Phillips Movie Hero or Lawsuit Villian?

By Paul M. Barrett, Bloomberg The big movie this weekend is the well-reviewed Captain Phillips, a high-seas piracy drama based on a 2009 hijacking in which

October 12, 2013
Total Views: 745

Teknik Perdana
News

Venezuela Detains Anadarko-Contracted Survey Vessel in Disputed Waters

Oct. 11 (Bloomberg) — Anadarko Petroleum Corp., the third- largest independent U.S. oil and natural gas producer, said it’s working for the release

October 12, 2013
Total Views: 91

oil tanker explosion ningbo yongjiang
Incidents

7 Dead After Oil Tanker Explodes

Oct. 12 (Bloomberg) — An oil tanker exploded while undergoing repairs at an eastern China shipyard, killing seven people, injuring one, and causing oil

October 12, 2013
Total Views: 50

Friday, October 11, 2013
Venezuela Detains Anadarko Survey Vessel in Disputed Waters
News

Venezuela Detains Anadarko Survey Vessel in Disputed Waters

Anadarko Petroleum Corp., the third- largest independent U.S. oil and natural gas producer, said it’s working for the release of a research vessel and

October 11, 2013
Total Views: 172

Thursday, October 10, 2013
STX Pan Ocean Vanguard
News

STX Pan Ocean Cuts Ship Orders to Save Cash

Oct. 10 (Bloomberg) — STX Pan Ocean Co., South Korea’s largest commodities shipping line, canceled some ship orders as it seeks to revive

October 10, 2013
Total Views: 94

Wednesday, October 9, 2013
U.S. Government Shutdown Puts Maritime Security Program at Risk
News

U.S. Government Shutdown Puts Maritime Security Program at Risk

The ship in Tom Hanks’s new movie is part of a national-security program that’s now in jeopardy because of the government

October 9, 2013
Total Views: 40

Russia Says Drugs Seized on Greenpeace Ship as New Charges Loom
News

Russia Says Drugs Seized on Greenpeace Ship as New Charges Loom

Russian investigators said they found morphine and opium straw onboard the ship as well as “dual-use” equipment that may have been intended for

October 9, 2013
Total Views: 39

Tuesday, October 8, 2013
shipbreaking scrapping chittagong
News

Tanker Rates Rallying as Owners Demolish Most in Decade

Oct. 8 (Bloomberg) — The cost of hauling crude on the largest tankers is poised to rise to a four-year high as the biggest demolition program in a decade

October 8, 2013
Total Views: 52

Monday, October 7, 2013
Genting Hong Kong Orders New Cruise Ship to Meet Asian Demand
Cruise Ships

Genting Hong Kong Orders New Cruise Ship to Meet Asian Demand

Genting Hong Kong Ltd., the largest shareholder in Norwegian Cruise Line Holdings Ltd., ordered a 1,682-passenger-cabin cruise ship from Meyer Werft for 707.2

October 7, 2013
Total Views: 62

BP’s Macondo Well Dumped 4.2 Million Barrels Into Gulf, U.S. Says
Offshore

BP’s Macondo Well Dumped 4.2 Million Barrels Into Gulf, U.S. Says

BP Plc’s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the

October 7, 2013
Total Views: 97