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, April 23, 2013
Littoral Combat Ship Network Can Be Hacked, Navy Probe Finds
Navy

Littoral Combat Ship Network Can Be Hacked, Navy Probe Finds

The computer network on the U.S. Navy’s Littoral Combat Ship is vulnerable to hacking, a new report has

April 23, 2013
Total Views: 134

time charter equivalent rates tankers
News

ExxonMobil Charters Pair of VLCCs at Lowest Rates of 2013

April 22 (Bloomberg) — Exxon Mobil Corp., the world’s biggest energy company by market value, booked two tankers to haul oil to the U.S. Gulf Coast

April 23, 2013
Total Views: 79

Monday, April 22, 2013
Clarkson Publishes New Ship Rates and Alters Old Ones for Fuel
News

Clarkson Publishes New Ship Rates and Alters Old Ones for Fuel

Clarkson Plc, the world’s largest shipbroker, began publishing new shipping rates, discontinued others, and revised historical ones to reflect changes

April 22, 2013
Total Views: 31

Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI
Engineering News

Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy

April 22, 2013
Total Views: 48

misc berhad lng carrier
News

Petronas Pulls $3 Billion Bid for MISC Berhad, Shares Tumble

(Bloomberg) — MISC Bhd., the world’s second- largest shipper of liquefied natural gas, tumbled the most in 14 years in Kuala Lumpur stock trading

April 22, 2013
Total Views: 142

Friday, April 19, 2013
Canada’s Enbridge Northern Gateway Project Seen Helping Tanker Market
Uncategorized

Canada’s Enbridge Northern Gateway Project Seen Helping Tanker Market

A pipeline proposed for Canada’s west coast would boost demand for tankers carrying oil exports to the U.S. and Asia, according to E.A. Gibson

April 19, 2013
Total Views: 21

BP Faces Uncertainty on Third Anniversary of Deepwater Horizon Disaster
Offshore

BP Faces Uncertainty on Third Anniversary of Deepwater Horizon Disaster

BP Plc faces the third anniversary of the 2010 oil spill in the Gulf of Mexico tomorrow with no sure knowledge of how much more it will have to

April 19, 2013
Total Views: 474

greek flag greece
News

Greek Shipowners Play Russian Roulette With Dry Bulk Market

(Bloomberg) — Greek ship owners, who control more vessels than those of any other country, are buying the most iron-ore carriers since before the global

April 19, 2013
Total Views: 72

Wednesday, April 17, 2013
pluto lng woodside
News

Woodside Petroleum’s Sales Rise 21% After Pluto LNG Start

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, said first-quarter sales increased 21 percent, boosted by its A$15

April 17, 2013
Total Views: 41

U.S. Offshore Drilling Safer Post DWH, Panel Says
Offshore

U.S. Offshore Drilling Safer Post DWH, Panel Says

Offshore drilling is safer than prior to the BP Plc spill in 2010 even though the U.S. Congress has failed to pass legislation tightening

April 17, 2013
Total Views: 22

bhp billiton port hedland western australia bulk carrier

Iron Ore Miners Plan $250 Billion in New Expansion, Capesize Outlook Improves

Iron ore output expanding 11 percent this quarter will help increase shipping rates, according to Fearnley Securities

April 17, 2013
Total Views: 47

Mekaines q-max lng carrier
News

Demand for LNG Carriers Slips as Production Fails to Keep Up

(Bloomberg) — Demand to ship liquefied natural gas declined last quarter as export volumes shrank, according to RS Platou Markets AS, the

April 17, 2013
Total Views: 59

Tuesday, April 16, 2013
Japanese Shipping Lines Cash in on Weak Yen
News

Japanese Shipping Lines Cash in on Weak Yen

(Bloomberg) — Japanese shipping lines, buffeted by a decline in freight rates, are set to get a more than $500 million boost to their earnings from a

April 16, 2013
Total Views: 61

Monday, April 15, 2013
Freeport LNG terminal

Freeport LNG Months Away from U.S. Export Approval

By Edward Klump (Bloomberg) — Freeport LNG Development LP may get expanded approval from the U.S. Energy Department to export liquefied natural gas in

April 15, 2013
Total Views: 35

Carnival to Reimburse U.S. For Triumph, Splendor Response

Carnival to Reimburse U.S. For Triumph, Splendor Response

By Christopher Palmeri (Bloomberg) — Carnival Corp., bowing to pressure from U.S. Senator Jay Rockefeller, said it will reimburse the U.S. for costs

April 15, 2013
Total Views: 40

STX May Sell Dalian Shipyard
News

STX May Sell Dalian Shipyard

April 15 (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean company that is rescheduling debt with creditors, jumped the most in two years

April 15, 2013
Total Views: 89

Saturday, April 13, 2013
Canada Bets On LNG Exports To China
Uncategorized

Canada Bets On LNG Exports To China

(Bloomberg) Ed Fast, Canada’s international trade minister, comments on the trade relationship between Canada and China, along with his country’s

April 13, 2013
Total Views: 22

Friday, April 12, 2013
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong

U.S. Lifts Iran Sanctions on Three Maritime Companies

By Gopal Ratnam (Bloomberg) — The U.S. is lifting sanctions imposed in 2011 on three companies accused of doing business with Iran after they pledged not

April 12, 2013
Total Views: 40

vlcc supertanker

Tanker Rates Gain for First Time in Three Weeks

Rob Sheridan (Bloomberg) — Charter costs for the biggest oil tankers hauling Middle East crude to Asia rose for the first time in three weeks amid

April 12, 2013
Total Views: 51

STX Leads Losses in South Korea
News

STX Leads Losses in South Korea

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards

April 12, 2013
Total Views: 49