Petronas Raises Offer for LNG Shipper MISC Berhad
(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to
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.
(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to
(Bloomberg) — The Baltic Dry Index, a gauge of costs to transport grains and minerals by sea, fell the most since Dec. 19 amid slowing charters of
(Bloomberg) — The number of gasoline cargoes booked on tankers for shipment to the U.S. will expand in the next two weeks, according to a Bloomberg
(Bloomberg) — Canada is pulling ahead of the U.S. in the contest to be the first exporter of liquefied natural gas from the North American shale bonanza
(Bloomberg) — Frontline Ltd., the oil-tanker operator led by shipping billionaire John Fredriksen, said it’s rejecting some cargoes after a rout in
(Bloomberg) — Record U.S. exports of liquefied petroleum gas are spurring StealthGas Inc. to redeploy tankers as far as 13,500 miles to take advantage of
(Bloomberg) — Exxon Mobil Corp., the largest U.S. oil company, plans to develop a floating liquefied natural gas project to develop the Scarborough field
By Yuji Okada and Chou Hui Hong March 29 (Bloomberg) — Japan, the biggest buyer of liquefied natural gas, plans to list the world’s first futures
(Bloomberg) — Japanese shipbuilders may post losses next fiscal year as the yen’s weakening fails to mitigate the impact of a global supply glut
March 28 (Bloomberg) — Billionaire investor Wilbur Ross Jr. said he’s prepared to invest $1 billion more in the shipping industry, increasing his
By David Lerman (Bloomberg) — The U.S. Navy’s troubled Littoral Combat Ship, a vessel intended to be small and speedy for use in shallow waters
(Bloomberg) — Exports of diesel fuel from the U.S. Gulf Coast are poised to climb as refineries returning from maintenance boost production, widening the
(Bloomberg) — Singapore LNG Corp., the island state’s importer of liquefied natural gas, received its first cargo and will use the spot shipment
By Isaac Arnsdorf and Jasmine Wang March 27 (Bloomberg) — A Chinese supertanker able to haul 2 million barrels of crude sent a signal from Iran’s
March 26 (Bloomberg) — Transocean Ltd. properly maintained its Deepwater Horizon rig before the April 2010 blowout of a BP Plc well that set off the
(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised
March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before
(Bloomberg) — India’s JSW Group, controlled by the billionaire Jindal family, plans to spend 40 billion rupees ($736 million) to build its first
(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting
(Bloomberg) — Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up