Americas
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Petrobras appoints new CEO
Brazilian state-owned energy major Petrobras has announced the appointment of economist Roberto Castello Branco as the new CEO of the…
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Pacific Drilling emerges from chapter 11
Offshore driller Pacific Drilling has announced that it has emerged from chapter 11 after successfully completing restructuring transactions the company…
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Poten bought out by BGC Partners
One of the world’s best known tanker brokers, Poten & Partners, has been bought out. BGC Partners has taken over…
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Evan Cohen joins CIT
Famous American ship financier Evan Cohen has been tapped to run American bank CIT’s maritime finance business. Cohen, best known…
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Solstad Offshore gets more work in Brazil
Norway’s Solstad Offshore has entered into a contract with Queiroz Galvão Exploração e Produção in Brazil for the 1999-built CSV…
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Algoma adds product tanker
Canada’s Algoma Central Corporation has grown its tanker fleet to seven with the acquisition of a 2008-built product tanker. Algoma…
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Foremost secures Taiwanese financing for newbuild bulker pair
US-based dry bulker owner Foremost Group has entered into a $41.14m loan deal with First Bank of Taiwan to finance…
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Rowan drillship reactivated for Total job
US offshore driller Rowan Companies, currently in the middle of a $12bn combination with Ensco, has been awarded a contract…
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Sunken Iranian tanker features on US sanctions list
The badly burnt, rusting wreckage of the lies on the seabed of the East China Sea. The burning Iranian tanker…
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McDermott awarded Rota 3 contract by Petrobras
McDermott International has been award by Petrobras for a natural gas pipeline project at the Santos basin pre-salt field program.…
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Koch fixes new China Merchants VLCC with scrubber add-on clause
Tanker chartering deals with scrubber bolt-ons are beginning to creep into the market as big names in the market hedge…
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Magseis to acquire Fairfield Seismic Technologies
Norwegian seismic specialist Magseis has entered into an agreement with Fairfield Geotechnologies to acquire the Seismic Technologies business from Fairfield…
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Pangaea Logistics acquires secondhand supramax bulker
Nasdaq-listed dry bulk shipowner Pangaea Logistics Solutions has announced the acquisition of a secondhand 53,000 dwt supramax bulk carrier. The…
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Port of Los Angeles terminal evacuated after explosion
An explosion at Port of Los Angeles at around 6pm Tuesday local time has led to a terminal being evacuated.…
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Rowan secures drillship contract from Fieldwood Energy
Houston-based offshore driller Rowan Companies has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy…
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Teekay Offshore and Petrobras settle dispute over terminated contracts
Teekay Offshore Partners has entered into settlement agreement with Petrobras, ending disputes relating to previously-terminated charter contracts of the HiLoad…
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Ensco secures slew of new contracts and extensions
Offshore driller Ensco has been awarded a slew of new contracts and extension, according to the company’s latest fleet status…
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EMGS awarded South American survey contract
Seismic survey specialist Electromagnetic Geoservices (EMGS) has been awarded a proprietary data acquisition survey contract in South America. The contract,…
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Bunge, Cargill, ADM and Louis Dreyfus join forces to digitise agrishipping
Four of the largest grain traders in the world are partnering to seek ways to digitise shipping transactions. Archer Daniels…
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CG Railway orders rail car carrier at Huangpu Wenchong
US-based intermodal transport service provider CG Railway has placed an order at CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of…
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