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, February 27, 2014
Maersk Line 2013 Net Surges
Press Releases

Maersk Line 2013 Net Surges

A.P. Moeller-Maersk A/S’s container- shipping line, the world’s largest, reported a tripling in 2013 profit after spending reductions countered a decline

February 27, 2014
Total Views: 45

MV Maersk Mc-Kinney Moller
News

Maersk Line Profit Drops as Rates to Ship Containers Fall to Historic Lows

Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as

February 27, 2014
Total Views: 86

Tuesday, February 25, 2014
Integrated Bridge System With ECDIS - Electronic Chart Display showing tech data
Interesting

Rolls-Royce Testing Drone Technology for Unmanned Cargo Ships

In an age of aerial drones and driver-less cars, Rolls-Royce Holdings Plc is designing unmanned cargo

February 25, 2014
Total Views: 334

Singapore Plans Second LNG Terminal In Pursuit of Regional Hub Role
Shipping News

Singapore Plans Second LNG Terminal In Pursuit of Regional Hub Role

Singapore plans to build a second liquefied natural gas receiving terminal as it pursues a long- term strategy to become Asia’s LNG trading

February 25, 2014
Total Views: 196

Monday, February 24, 2014
lou vest oneeighteen navigation shipping
News

Pilots Do Texas Chicken as Houston Ship Channel Chokes on Oil Traffic

It takes an expert pilot to pull off the Texas

February 24, 2014
Total Views: 1464

siem ruby osv greenland
Offshore

Arctic Oil Production Decades Away as Costs Limit Commercial Viability

Lundin Petroleum AB, the Swedish explorer focused on Norway, said there won’t be any new oil output in the ice-filled waters of the Arctic for at least 15

February 24, 2014
Total Views: 41

Friday, February 21, 2014
qatargas Q-Flex class LNG vessel Al-Gharrafa
News

China’s LNG Imports Rise 77 Percent as New Terminal Comes on Line

Feb. 21 (Bloomberg) — China’s imports of liquefied natural gas rose to a record for a second month in January as new terminals and winter heating

February 21, 2014
Total Views: 41

draugen platform regalia flotel offshore norway
News

New Norwegian Taxes Put $13 Billion in Projects at Risk

Feb. 21 (Bloomberg) — Norwegian efforts to raise oil and gas recovery from its offshore fields are being jeopardized as higher taxes threaten $13 billion

February 21, 2014
Total Views: 160

Wednesday, February 19, 2014
Genco Taps Blackstone After Missing Bond Payment

Genco Taps Blackstone After Missing Bond Payment

Genco Shipping & Trading Ltd. hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1

February 19, 2014
Total Views: 55

Tuesday, February 18, 2014
cargo ship shipping container maritime
Finance

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 1276

Monday, February 17, 2014
fsru excelsior excelerate
News

Mitsui O.S.K. to Invest Billions in Floating LNG Regasification and FPSOs

Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to

February 17, 2014
Total Views: 130

gulf marine services barge keloa
Finance

Gulf Marine Services Seeks to Raise $100 Million From London IPO

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

February 17, 2014
Total Views: 91

sliepner a platform statoil north sea
News

Norway May Align Offshore Drilling Rules With U.K. in Bid to Tackle Costs

Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as

February 17, 2014
Total Views: 139

Friday, February 14, 2014
houston refinery oil gas rob almeida
News

Statoil and BG Group to Build Tanzanian LNG Plant

Statoil ASA and BG Group Plc will build Tanzania’s first liquefied natural gas plant in Lindi and are due to meet with authorities about the project’s

February 14, 2014
Total Views: 72

Wednesday, February 12, 2014
panama canal construction colon
Shipping News

Partial Accord Reached in Panama Canal Expansion Dispute

The Panama Canal Authority said it reached a partial agreement with builders led by Sacyr SA to end a dispute, even as it continues to seek alternatives to

February 12, 2014
Total Views: 29

General Dynamics Gets Shot at $12 Billion U.S. Ship Program
Shipbuilding

General Dynamics Gets Shot at $12 Billion U.S. Ship Program

General Dynamics Corp. has been awarded one of three initial contracts in a $12 billion U.S. Coast Guard ship program, with competitor Huntington Ingalls

February 12, 2014
Total Views: 76

k line drive green project car carrier classnk
Engineering News

K-Line Orders New, Environmentally-Optimized Car Carrier

Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping line by sales, has ordered a vessel fitted with an engine to cut nitrogen oxide emissions to meet

February 12, 2014
Total Views: 166

Tuesday, February 11, 2014
mary landrieu
News

Drillers Seen Gaining From Oil-State Senators Atop Committee

They’re senior senators from two of the nation’s top oil-producing states, longtime friends who are about to begin a partnership that has environmentalists

February 11, 2014
Total Views: 34

Ocean rig olympia total drillship
News

Total Expands Offshore Drilling as $7.3B Campaign Finds Dry Hole

Feb. 11 (Bloomberg) — Total SA began life as Cie Francaise des Petroles, or CFP, almost a century ago. Thirty years since changing its name, the French

February 11, 2014
Total Views: 52

Thursday, February 6, 2014
berge nice lpg carrier kawasaki
News

Panama Canal Delay Seen Boosting LPG Shipping as Voyages Lengthened

Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according

February 6, 2014
Total Views: 48