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.


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: 70

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: 357

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

Monday, July 29, 2013
Fracking Boom Sends Chemical Tankers to Five-Year High
Uncategorized

Fracking Boom Sends Chemical Tankers to Five-Year High

Earnings for tankers carrying 20,000 metric-ton cargoes in stainless-steel tanks will rise 12 percent to an average of $14,500 a day next year, the most since

July 29, 2013
Total Views: 132

TS Flossie May Become First to Hit Hawaii Since 1992
Uncategorized

TS Flossie May Become First to Hit Hawaii Since 1992

Tropical Storm Flossie, which may become the first such system to hit Hawaii in 21 years, closed ports as it pounded parts of the state with

July 29, 2013
Total Views: 30

al naimi saudi oil minister
News

Alwaleed Questions Saudi Energy Policy in Letter to Naimi

July 29 (Bloomberg) — Prince Alwaleed bin Talal, the billionaire owner of stakes in Citigroup Inc. and Time Warner Inc., has written publicly to Saudi

July 29, 2013
Total Views: 50

Saturday, July 27, 2013
NYK Line Among Eight Car Shippers Sued Over Price Fixing
News

NYK Line Among Eight Car Shippers Sued Over Price Fixing

Nippon Yusen K.K., Japan’s biggest shipping line, and eight other maritime-car transporters were accused in a lawsuit by a Florida-based shipping

July 27, 2013
Total Views: 249

Friday, July 26, 2013
Halliburton to Plead Guilty to Destroying 2010 Oil Spill Evidence
Offshore

Halliburton to Plead Guilty to Destroying 2010 Oil Spill Evidence

A Halliburton Co. unit will plead guilty to destroying tests on cement work done on a BP Plc-owned oil well that exploded and caused the 2010 Gulf of Mexico

July 26, 2013
Total Views: 39

panalpina ocean freight ports container shipping
News

Panalpina Cuts Ocean Freight Forecast as Capacity Exceeds Demand

July 26 (Bloomberg) — Panalpina Welttransport Holding AG, the world’s fourth-largest seafreight forwarder by revenue, reduced its growth forecast

July 26, 2013
Total Views: 47