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.


Saturday, August 10, 2013
vale sa
News

Vale Says China Proving Pessimists Wrong on Steel Output

Aug. 8 (Bloomberg) — Vale SA, the biggest iron-ore producer, forecasts the steel-making ingredient’s main buyer China will increase steel output

August 10, 2013
Total Views: 41

Friday, August 9, 2013
oil imports china us
News

China Set to Become World’s Biggest Net Oil Importer – EIA

Aug. 9 (Bloomberg) — China will surpass the U.S. by October to become the world’s biggest net oil importer on a monthly basis, the Energy

August 9, 2013
Total Views: 72

novatek
News

Novatek Jumps Most in Five Weeks on LNG Export Plan

Aug. 9 (Bloomberg) — OAO Novatek, Russia’s second-biggest natural-gas producer, rose the most in five weeks in Moscow trading after earnings beat

August 9, 2013
Total Views: 35

Thursday, August 8, 2013
gsf jack ryan angola bp drillship transocean
News

Energy Majors Test “Atlantic Mirror” With $3 Billion Deepwater Angola Wells

Aug. 8 (Bloomberg) — BP Plc, ConocoPhillips and Statoil ASA are among oil explorers investing at least $3 billion in wells off Angola next year in the

August 8, 2013
Total Views: 178

national iranian tanker company
News

Iranian Supertanker Fleet Seen Expanding Fleet Amid Sanctions

Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions

August 8, 2013
Total Views: 62

NYK Line Expands into the Offshore Oil and Gas Sector as Freight Wanes
News

NYK Line Expands into the Offshore Oil and Gas Sector as Freight Wanes

Aug. 8 (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, said development of deepsea Brazilian oil and Australian gas will boost

August 8, 2013
Total Views: 33

Wednesday, August 7, 2013
Transocean Posts Quarterly Profit as Rigs Run More Efficiently
News

Transocean Posts Quarterly Profit as Rigs Run More Efficiently

Aug. 7 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, posted a second-quarter profit after running its vessels more

August 7, 2013
Total Views: 48

yemen map
News

Yemen Says It Foiled Al-Qaeda Plot to Seize Oil Export Terminal

Aug. 7 (Bloomberg) — Yemen’s government said it uncovered an al-Qaeda plot to seize port facilities in the volatile southeastern province of

August 7, 2013
Total Views: 58

hapag-lloyd
News

Hapag-Lloyd Turns to Quarterly Profit on Cost Cuts, Cheaper Fuel

Aug. 7 (Bloomberg) — Hapag-Lloyd AG cut costs amid falling fuel prices to deliver a profit in the second-quarter as Europe’s fourth-largest

August 7, 2013
Total Views: 41

Tuesday, August 6, 2013
China State Shipbuilding Corporation Chairman, Hu Wenming
News

China’s State Shipyards Help Widen Lead Over Korea in Orders

Aug. 7 (Bloomberg) — China widened its lead over South Korea as the world’s biggest shipbuilding nation as state-backed yards won contracts for

August 6, 2013
Total Views: 55

Monday, August 5, 2013
Front Warrior Frontline Tankers Suezmax
News

Tanker Rates Slump, U.S. Oil Imports Follow Suit

(Bloomberg) — The biggest slump in tanker rates since January is signaling weaker U.S. oil imports and spurring analysts to predict a 15-year low for

August 5, 2013
Total Views: 48

Awilco LNG Surges as Teekay Deal Finds Funding
News

Awilco LNG Surges as Teekay Deal Finds Funding

(Bloomberg) Awilco LNG ASA, the Norwegian owner and operator of liquefied natural gas vessels, rose the most in more than two months after a deal with Teekay

August 5, 2013
Total Views: 43

Sunday, August 4, 2013
rongsheng heavy industries
Engineering News

China’s State Council Issues Plan to Boost Shipbuilding Sector [UPDATE]

Aug. 5 (Bloomberg) — China issued a three-year plan to urge financial institutions to support its troubled shipbuilding industry, the world’s

August 4, 2013
Total Views: 69

Friday, August 2, 2013
train freight cargo transportation container
News

Containership Owners to See Competition from Deutsche Bahn’s China-Europe Train

Aug. 2 (Bloomberg) — German rail operator Deutsche Bahn AG started another direct train link on the China to Europe trade route, extending its reach into

August 2, 2013
Total Views: 45

inmarsat
News

Inmarsat Surges on RigNet Deal for Energy Sector

Aug. 2 (Bloomberg) — Inmarsat Plc, the largest provider of maritime satellite services, rose the most in a year after forging a distribution partnership

August 2, 2013
Total Views: 48

Wednesday, July 31, 2013
dublin ireland temple bar district
News

Ireland Looks to Become Global Ship Finance Hub

July 31 (Bloomberg) — IDA Ireland, charged with winning overseas investment for the country, is backing plans to develop a shipping-finance center in

July 31, 2013
Total Views: 46

piracy mt matrix gulf of guinea
Uncategorized

Shell to Chevron Move Offshore as Nigerian Risks Mount

International oil companies including Shell and Chevron Corp. are shifting their efforts in Africa’s largest producer from land-based operations to

July 31, 2013
Total Views: 70

bonga fpso shell oil production
News

Shell and Chevron Move Offshore as Nigerian Risks Mount

July 31 (Bloomberg) — At Royal Dutch Shell Plc’s compound in the Nigerian city of Warri, the gate is locked, the grounds are empty and grass has

July 31, 2013
Total Views: 355

Tuesday, July 30, 2013
Bigger Ships Mean $13 Billion in Port Spending
Ports

Bigger Ships Mean $13 Billion in Port Spending

Europe’s busiest container terminals are seeing their margins put under pressure as they expand to cater to the world’s largest box ships at a time

July 30, 2013
Total Views: 58

offshore drilling rig malta semisubmersible
News

Woodside May Scrap $1 Billion Leviathan Gas Field Investment

July 30 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil and gas producer, may pull out of a deal to invest in Israel’s

July 30, 2013
Total Views: 75