Bloomberg

Blog

Perspectives on the Global Economic Outlook – Dr. David Zervos

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

Uncategorized

Too Little, Too Late for Mississippi River Shippers

(Bloomberg) — Barge traffic on the Mississippi River will be stalled even if the U.S. Army Corps of Engineers decides next week to release more water

Shipbuilding

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors

(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed

News

OSX Shares Take a Big Hit After Brazilian Shipbuilding Plans Are Canned

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

Interesting

“Logistics Nightmare” Grows off California Coast as Port Strike Disrupts Holiday Shipments

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying

Finance

German Lender NordLB Squeaks Out a Profit, However No End in Sight to Shipping Crisis

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher