Americas
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Mike Webber returns with his own research firm
One of shipping’s best known analysts is back with his own firm. Mike Webber, who resigned from Wells Fargo Securities…
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Pangaea orders two more post-panamax bulkers at GSI for Baffinland contract
Nasdaq-listed Pangaea Logistics Solutions has taken an option to add another two vessels to its order for ice class post-panamax…
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Oceaneering awarded decommissioning work offshore Canada
Houston-based Oceaneering International has been awarded a contract to support a decommissioning project off the east coast of Canada. Oceaneering’s…
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Excelerate Energy takes Maran Gas FSRU on long-term charter
Texas-based Excelerate Energy has sealed a five-year bareboat charter with John Angelicoussis’s Maran Gas Maritime for floating storage regasification unit…
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McQuilling and IFCHOR join forces in Latin America
Shipbrokers McQuilling and IFCHOR have formed a Latin American dry bulk chartering joint venture. McQ-IFCHOR will be led by Jean…
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Three crew rescued as Bourbon Rhode confirmed sunk
Bourbon has announced that tug supply vessel , which was hit by bad weather associated with Hurricane category 4 hurricane Lorenzo,…
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Tanker markets roiled as charterers ditch ‘toxic’ Cosco
The latest US sanctions imposed on six Chinese companies, including two subsidiaries of state-run shipping giant Cosco, are roiling the…
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Bourbon races to rescue tug hit by Hurricane Lorenzo
French offshore vessel owner Bourbon has launched a rescue operation for tug supply vessel , which developed a water ingress…
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Excelerate get approval for Bay of Batangas FLNG
Texas-headquartered Excelerate Energy has received approval from the Philippine Department of Energy (DOE) to proceed with a floating LNG import…
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Space tech provides next small step for LNG shipping
American class society ABS has granted approval in principle (AIP) to the conceptual design of carbon fibre LNG fuel tanks,…
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American 48-year-old boxship reactivated
The world’s oldest containership of over 500 teu has been reactivated after 11 months in lay-up. The American flagged, 48-year-old…
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FDX Offshore takes over Womar Logistics
US maritime finance firm FDX Offshore, backed former GE Capital chairman Denis Nayden, has acquired Singapore-based pool operator Womar Logistics.…
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McDermott awarded Myanmar FEED contract
Houston-headquartered McDermott International has been awarded a front-end engineering design (FEED) contract by Posco for the Shwe Phase 3 gas…
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UN told shipping’s decarbonisation will take place on land
Shipping’s brave new zero emissions world will be achieved on land, not at sea, top names attending the UN Climate…
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Top names vow to make zero emission vessels commercially viable by 2030
At the United Nations Climate Action Summit in New York today a host of top shipowners, managers, ports, banks and…
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Capsized car carrier off Brunswick leaks bunker fuel
The 2017-built, 7,700 ceu car carrier , which capsized near the American port of Brunswick earlier this month, has leaked…
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McDermott moves to sell Lummus Technology
Houston-headquartered McDermott International has received unsolicited approaches to acquire all or part of its technology business Lummus Technology. Due to…
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Seaspan eyes vessel acquisitions after sealing $500m finance deal
Seaspan Corporation has closed an additional $500m funding via its portfolio financing program, cash it says will be used to…
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Top management take control at Ardent
A partial management buy-out at salvage giant Ardent sees top management take a significant shareholding from co-owners Svitzer and Crowley.…
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Talos Energy forms exploration partnerships with BP and ExxonMobil
Houston-based Talos Energy has entered into two separate agreements with BP and Exxon Mobil regarding new exploration opportunities in the…
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