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, February 19, 2013
Golden Zhejiang knightsbridge
News

Chinese Coal Imports Seen by Golden Ocean More Than Double by 2015

Coal imports into China, the world’s largest consumer of the commodity, are poised to more than double in the next few years as local production falls,

February 19, 2013
Total Views: 38

golden shadow bulk carrier
News

Fredriksen’s Golden Ocean Group Rises on Prospects of Dry Bulk Market Recovery

Golden Ocean Group Ltd. climbed to the highest level in almost two years in Oslo trading after the shipping company controlled by billionaire John Fredriksen

February 19, 2013
Total Views: 79

Fuel Line Leak Eyed in Carnival Triumph Fire Investigation

Fuel Line Leak Eyed in Carnival Triumph Fire Investigation

By Kasia Klimasinska (Bloomberg) — The fire on Carnival Corp.’s cruise ship Triumph was caused by a leak in a fuel oil return line, the U.S.

February 19, 2013
Total Views: 87

Monday, February 18, 2013
cma cgm
Finance

CMA CGM Wins Support from Banks, Bonds Outpace Peers

CMA CGM SA’s bonds rallied seven times faster than peers in the past week after the third-biggest container line won support from banks to loosen debt

February 18, 2013
Total Views: 96

iron ore port hedland bhp billiton
News

Demand for Chinese Iron Ore Imports Seen Curbed on Price Gap

Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that

February 18, 2013
Total Views: 29

Ras Tanura Sea Island Terminal saudi aramco
News

VLCC Rates Improve Slightly After Chinese Holiday, Owners Still Losing Over $6k Per Day

Charter costs for the biggest oil tankers plying the industry’s busiest trade route rose for a second session as charterers in China returned to work

February 18, 2013
Total Views: 44

songa trym
News

Songa Offshore Shares Skyrocket as Trym Rig Leaves Yard

Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and

February 18, 2013
Total Views: 60

Suez Canal
News

Suez Canal Tanker Traffic Slides in January Amid Strikes, Riots

Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to

February 18, 2013
Total Views: 66

Sunday, February 17, 2013
port of santos brazil
News

Brazilian Port Workers Plan Strike, Union Talks With Government “Have Been Bad”

Workers at Brazil’s Santos port will participate in a six-hour work stoppage on Feb. 22 to protest government plans for shipping terminals in the

February 17, 2013
Total Views: 66

Friday, February 15, 2013
dockwise vanguard

Dockwise Vanguard Loads Largest Offshore Platform on Maiden Voyage

By Isaac Arnsdorf Feb. 15 (Bloomberg) — The world’s largest heavy transport vessel loaded the biggest semi-submersible offshore platform hull for

February 15, 2013
Total Views: 323

Carnival Triumph Delivers Latest Black Eye to Cruise Ship Giant

Carnival Triumph Delivers Latest Black Eye to Cruise Ship Giant

By Margaret Newkirk and Christopher Palmeri Feb. 15 (Bloomberg) — Robin Burgess was enjoying the last full day of her cruise on Feb. 10 when she smelled

February 15, 2013
Total Views: 95

LNG Capricorn mitsui o.s.k. lines
News

Petrobras May Receive Cargo of North American LNG as Ship Arrives in Brazilian Port

Petroleo Brasileiro SA may receive a spot cargo of liquefied natural gas from the U.S. today, according to ship-tracking data. The LNG Capricorn, with a

February 15, 2013
Total Views: 90

Frontline Crude Oil Tankers VLCC
News

Tankers Earning Zero Seen Spurring Ships’ Removal From Service

Earnings are about zero for the biggest oil tankers, hauling almost half the world’s seaborne crude, and owners of the ships may opt to remove them from

February 15, 2013
Total Views: 76

STX Frontier LNG carrier hoegh lng
News

Hoegh: LNG Price Gap will Support Shipping Fleet Expansion in the Near Term

The price gap between liquefied natural gas in Asia and Europe will support demand for shipping even as new vessels are built before fuel output expands,

February 15, 2013
Total Views: 44

Thursday, February 14, 2013
transocean
News

Transocean Guilty Plea Accepted by Judge, Investors React Positively

Transocean Ltd. and federal prosecutors won approval of the oil driller’s agreement to plead guilty to violating the U.S. Clean Water Act for its role in

February 14, 2013
Total Views: 34

amphitrite post-panamax bulk carrier diana shipping
News

South American Grains Fuel Higher Day Rates for Panamax Ships, Capesizes Decline

Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and

February 14, 2013
Total Views: 84

LNG Supply Disruptions in Nigeria and Egypt Seen Curbing Shipping Rates
News

LNG Supply Disruptions in Nigeria and Egypt Seen Curbing Shipping Rates

Disruptions to the supply of liquefied natural gas in Nigeria and Egypt will curb shipping rates as more vessels compete for fewer cargoes of the fuel,

February 14, 2013
Total Views: 42

lpg carrier ayame
News

With Cheap LPG, U.S. is Set to Become Net Exporter for First Year Ever

The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders

February 14, 2013
Total Views: 31

Wednesday, February 13, 2013
IRS Seeks $463 Million in Taxes From Overseas Shipholding Group
Finance

IRS Seeks $463 Million in Taxes From Overseas Shipholding Group

Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt

February 13, 2013
Total Views: 26

Tsuru coal carrier
News

Rates for Panamax Coal Carriers Boosted by Increased U.S. Exports

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.

February 13, 2013
Total Views: 45