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.


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

consouth Reederei Erwin Strahlmann
Collision

2 Killed, 8 Missing After Ship Collision off Greece

(Bloomberg) Two Syrian sailors were killed and another eight are missing after a cargo ship carrying fertilizer collided with a container vessel early today

April 29, 2013
Total Views: 150

Friday, April 26, 2013
technip flng
News

Highest-Paid Workforce Drives Floating LNG Offshore Australia

(Bloomberg) — Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world,

April 26, 2013
Total Views: 695

Thursday, April 25, 2013
Hercules Profits on Shallow Water Rig Shortage in U.S. Gulf
Offshore

Hercules Profits on Shallow Water Rig Shortage in U.S. Gulf

A growing shortage of shallow-water rigs in the Gulf of Mexico is providing an unexpected profit boost for Hercules Offshore Inc. and Ensco Plc as customers

April 25, 2013
Total Views: 142

Grain Ships Have Biggest Fall This Year as Cargo Demand Slows
News

Grain Ships Have Biggest Fall This Year as Cargo Demand Slows

(Bloomberg) — Rates for dry bulk carriers hauling grains and minerals fell the most in a single session this year as demand for cargoes slowed. Day rates

April 25, 2013
Total Views: 22

Kawasaki Heavy Talks M&As to Thin Shipbuilding Ranks
Shipbuilding

Kawasaki Heavy Talks M&As to Thin Shipbuilding Ranks

Pressure on Japanese companies has risen in the face of competition from lower-cost producers in China and South

April 25, 2013
Total Views: 72

technip
Engineering News

Technip’s Q1 Profit Rises Amid Big Offshore O&G Project Orders

(Bloomberg) — Technip SA, Europe’s second-largest oilfield-services provider, increased first-quarter profit and hit a new record for orders as

April 25, 2013
Total Views: 50

Wednesday, April 24, 2013
liaoning aircraft carrier
Navy

China Plans New Generation of Carriers as Sea Disputes Grow

China unveiled plans to build more aircraft carriers after commissioning its first last

April 24, 2013
Total Views: 94

Tuesday, April 23, 2013
cove point lng terminal dominion
News

Billions at Stake in the LNG Export Race, U.S. Must Get Moving Says Dominion

(Bloomberg) — The U.S. needs to act quickly to take advantage of overseas demand for its glut of natural gas or lose market share to international

April 23, 2013
Total Views: 37

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: 135

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: 80

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: 32

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: 145

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: 23

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: 490

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: 73

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: 42

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: 23

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