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.


Friday, May 10, 2013
artemis racing
Incidents

Artemis Sailor’s Death Sparks Review of America’s Cup Safety

(Bloomberg) — Organizers of the America’s Cup will work with the U.S. Coast Guard to investigate the accident that killed two-time Olympic

May 10, 2013
Total Views: 110

Hyundai Heavy Industries
Shipbuilding

HHI Ends China Slump with 18,400 TEU Containerships

Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container

May 10, 2013
Total Views: 79

maersk line triple-e containership
News

Largest Container Ships Help Hyundai Heavy Crack China

(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s

May 10, 2013
Total Views: 178

Thursday, May 9, 2013
Maersk Targets Africa Port Accords After Winning Ivory Coast Bid
Ports

Maersk Targets Africa Port Accords After Winning Ivory Coast Bid

A.P. Moeller-Maersk A/S aims to win more African port contracts after a group to which it belongs was selected to build and run a container terminal in Ivory

May 9, 2013
Total Views: 53

Wednesday, May 8, 2013
Djibouti_Port. Image courtesy CharlesFred
Ports

Djibouti to Raise $5.9 Billion From Investors for Port Infrastructure

Projects include a doubling of capacity at the Doraleh container port to 3 million containers a year by 2015, which would rank it as the Africa's biggest

May 8, 2013
Total Views: 117

Tuesday, May 7, 2013
Germany’s JadeWeserPort Presses Forward Despite Slowdown
Ports

Germany’s JadeWeserPort Presses Forward Despite Slowdown

The 33,000 containers handled at JadeWeserPort since opening for business in September are a far cry from the annual 2.7 million forecast when project began a

May 7, 2013
Total Views: 32

Singapore Gets First Commercial LNG Cargo at Jurong Island

Singapore Gets First Commercial LNG Cargo at Jurong Island

Singapore LNG Corp. received its first contract cargo of liquefied natural gas from BG Group Plc today, signaling the start of commercial operations at the

May 7, 2013
Total Views: 116

U.S. Navy Internal Report Slams Contested LCS Program
Navy

U.S. Navy Internal Report Slams Contested LCS Program

U.S. Navy leaders were warned last year that a $37 billion program to build Littoral Combat Ships can’t meet its promised mission because the vessels

May 7, 2013
Total Views: 130

barack obama costa rica
News

Obama’s Comments Seen Highly Supportive of U.S. LNG Exports

President Barack Obama saying the country will probably become a net exporter of natural gas signals that new volumes will add demand for ships hauling the

May 7, 2013
Total Views: 41

Monday, May 6, 2013
Hyundai to Build World’s Largest Container Ships for CSCL
Interesting

Hyundai to Build World’s Largest Container Ships for CSCL

CSCL orders five 18,400 teu containerships from

May 6, 2013
Total Views: 536

Friday, May 3, 2013
Breakaway Barges Halt Loading of Crude at Marathon’s Wood River Dock
News

Breakaway Barges Halt Loading of Crude at Marathon’s Wood River Dock

Marathon Petroleum Corp. is unable to load oil from a barge dock on the Mississippi River at Wood River, Illinois, which may depress Canadian oil prices if

May 3, 2013
Total Views: 122

bhp billiton port hedland western australia bulk carrier
News

Capesize Charters Gain 24% on Cheap Iron Ore Prices

(Bloomberg) — A slump in the price of iron ore may be the catalyst for China to start importing more of the steelmaking raw material and for shipping

May 3, 2013
Total Views: 27

transocean marianas
News

Positive Results May Revive Drilling Off Namibia’s Skeleton Coast, Investors Skeptical

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in

May 3, 2013
Total Views: 71

Prinsesse Benedikte scanlines ferry
News

Scandlines Owners Said to Get Three Bids for Ferry Operator

(Bloomberg) — The owners of Scandlines, 3i Group Plc and Allianz Capital Partners GmbH, received three bids for the Danish-German ferry operator in a

May 3, 2013
Total Views: 69

Thursday, May 2, 2013
Methane Shirley Elisabeth lng carrier bg group
News

BG Group Rises After Output and LNG Profit Beat Expectations [INFOGRAPHIC]

(Bloomberg) — BG Group Plc, the U.K.’s third-largest oil and gas producer, rose the most in almost a year after reporting production and liquefied

May 2, 2013
Total Views: 42

Wednesday, May 1, 2013
mozambique lng
News

India’s ONGC Said to Hold Top Bid for $6 Billion Mozambique Gas Stake

April 30 (Bloomberg) — State-backed Oil & Natural Gas Corp. and Oil India Ltd. are the leading joint bidders for the stake in a Mozambique gas field

May 1, 2013
Total Views: 49

Tuesday, April 30, 2013
Shell to Name New Arctic Head – Source
Offshore

Shell to Name New Arctic Head – Source

Shell to name Ann Pickard as head of its Arctic operations, moving her from the helm of the company's Australian

April 30, 2013
Total Views: 37

Greeks Bet Ship Rout Ending with Surge in Orders

Greeks Bet Ship Rout Ending with Surge in Orders

Greek shipping companies are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an

April 30, 2013
Total Views: 57

shell prelude flng
News

Cheaper and Faster: Woodside Signs Initial Plans for Floating LNG at Browse

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the

April 30, 2013
Total Views: 42

Monday, April 29, 2013
bulk carrier
News

Ore-Ship Rates Climb to a One-Month High as Charters Increase

(Bloomberg) Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more

April 29, 2013
Total Views: 32