Reuters

Reuters is a global news organization providing reporting on business, geopolitics, energy, trade, regulation, and financial markets. gCaptain publishes select Reuters coverage under a syndication license for maritime and offshore audiences. Reuters stories on gCaptain are clearly labeled and may be edited for house style, formatting, and headline clarity without changing the underlying reporting.


Thursday, March 5, 2015
Port of Rotterdam Ups 2014 Sales But Profit Slips Nearly 5 Percent
News

Port of Rotterdam Ups 2014 Sales But Profit Slips Nearly 5 Percent

The Port of Rotterdam Authority said on Thursday its net profit for 2014 fell 4.9 percent to 215 million euros ($237 million) on higher financing

March 5, 2015
Total Views: 39

Stronger Panamaxes Drive up Baltic Sea Freight Index
News

Stronger Panamaxes Drive up Baltic Sea Freight Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the

March 5, 2015
Total Views: 38

golar lng carrier tanker
News

Rosneft and Golar LNG to Cooperate on Floating LNG Projects

Norwegian shipping company Golar LNG and Russian oil giant Rosneft have signed a preliminary agreement to develop floating liquefied natural gas (LNG) plants

March 5, 2015
Total Views: 59

Wednesday, March 4, 2015
Ten Migrants Killed, Over 1,100 Rescued from Mediterranean Within 24 Hours
News

Ten Migrants Killed, Over 1,100 Rescued from Mediterranean Within 24 Hours

At least 10 North African migrants died when their rubber boat overturned in the southern Mediterranean while almost a thousand more were rescued in a single

March 4, 2015
Total Views: 28

bg group lng carrier methane rita andrea
News

BG Group Sees Queensland Curtis LNG Helping to Double LNG Supplies

A smooth start to operations at BG Group's Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas

March 4, 2015
Total Views: 79

bahri
Finance

Saudi Shipper Bahri Plans $1 Billion Financing Round, Open to Acquisitions

"We are reviewing our strategy. We are inclined more to acquiring ships (than other

March 4, 2015
Total Views: 39

Tuesday, March 3, 2015
Shipping Industry Faces Shake Up as Private Equity Unwinds Bets
News

Shipping Industry Faces Shake Up as Private Equity Unwinds Bets

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate

March 3, 2015
Total Views: 1135

Colombia Detains Chinese-Flagged Ship Over Illegal Arms Transport
News

Colombia Detains Chinese-Flagged Ship Over Illegal Arms Transport

"Around 100 tonnes of powder, 2.6 million detonators, 99 projectiles and around 3,000 cannon shells were

March 3, 2015
Total Views: 81

Environmental Groups Sue Port of Seattle Over Shell’s Arctic Oil Fleet
News

Environmental Groups Sue Port of Seattle Over Shell’s Arctic Oil Fleet

A coalition of environmental groups sued the Port of Seattle on Monday to stop the lease of a terminal to Royal Dutch Shell Plc's Arctic oil drilling fleet,

March 3, 2015
Total Views: 39

Monday, March 2, 2015
Canada Delays Opening of Crucial Arctic Naval Port Until 2018
Defense

Canada Delays Opening of Crucial Arctic Naval Port Until 2018

Canada's military has again delayed the opening of a major new Arctic port, a sign the government is struggling to assert sovereignty over a remote

March 2, 2015
Total Views: 86

Saturday, February 28, 2015
Lithuania Signs Non-Binding Deal for U.S. LNG Exports
News

Lithuania Signs Non-Binding Deal for U.S. LNG Exports

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a non-binding agreement to purchase LNG from the United States' first export terminal, the

February 28, 2015
Total Views: 21

Friday, February 27, 2015
golden ocean group
News

Golden Ocean Posts $135 Millon Loss as Ship Scrapping Accelerates

Dry bulk shipping firm Golden Ocean posted a wider fourth-quarter net loss than expected hit by impairments, and said the weak market conditions would continue

February 27, 2015
Total Views: 99

Thursday, February 26, 2015
ensco 8500
News

ENSCO to Cold Stack Ultra-Deepwater Rig

Ensco will shut down or cold stack a rig by mid 2015, Chief Executive Carl Trowell said on a conference call with analysts on

February 26, 2015
Total Views: 250

Dry Bulk Shipping Crisis Adds to Loan Woes for Greek Banks
News

Dry Bulk Shipping Crisis Adds to Loan Woes for Greek Banks

The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner

February 26, 2015
Total Views: 48

Seadrill and Transocean Report Better Than Expected Earnings As Darkness Looms
Finance

Seadrill and Transocean Report Better Than Expected Earnings As Darkness Looms

The world's biggest offshore drillers reported plunging earnings and orders on Thursday but managed to get a grip on costs to improve their chances of riding

February 26, 2015
Total Views: 41

Wednesday, February 25, 2015
Chong Chon Gang north korea panama
News

Sanctioned North Korean Shipping Firm Still Active, Ships Renamed

A U.N.-blacklisted North Korean shipping firm has renamed most of its vessels in a bid to disguise their origin and continues illicit shipments in violation of

February 25, 2015
Total Views: 33

Pirates Release Three Sailors Kidnapped from VLCC Off Nigeria
News

Pirates Release Three Sailors Kidnapped from VLCC Off Nigeria

Three crew members of a Maltese-flagged supertanker, who were kidnapped by pirates three weeks ago off Nigeria, have been released, Greece's foreign ministry

February 25, 2015
Total Views: 64

maersk
Finance

Maersk to Hand $6.6 Billion to Investors After Selling Danske Stake

Danish shipping and oil group A.P. Moller-Maersk will hand shareholders a $6.6 billion windfall in dividends this year after it sells its 20 percent stake in

February 25, 2015
Total Views: 48

Tuesday, February 24, 2015
woodside rogers lng carrier
News

Australian Project Sells 2 LNG Cargoes, Diversions to Europe Eyed

Australia's North West Shelf liquefied natural gas (LNG) export plant sold a cargo to BG Group and Trafigura as part of a recent tender, in which some bidders

February 24, 2015
Total Views: 75

johan sverdrup
News

Norway’s Aibel Wins $1.05 Billion Statoil Contract for Johan Sverdrup Platform

Norwegian engineering firm Aibel has won a contract worth 8 billion crowns ($1.05 billion) from Statoil to build a drilling platform for the Johan Sverdrup

February 24, 2015
Total Views: 51