Americas
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Pacific Drilling files reorganisation plan
Drillship owner Pacific Drilling has filed a plan of reorganisation as part of its chapter 11 proceedings. The reorganisation plan…
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McDermott awarded Pemex subsea tieback contract
McDermott International has been awarded a contract by Mexico’s Pemex for subsea pipeline flowline installation at the Ayatsil field in…
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Norvic Shipping appoints Peter Borup to head up dry bulk division
Canadian dry bulk operator Norvic Shipping International has appointed Peter Borup as chief executive officer of its dry bulk division.…
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Vale opts for scrubbers on VLOC newbuilds
Brazilian miner Vale has decided to install scrubbers on 48 VLOC newbuildings under construction across a number of shipyards in…
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Rowan awarded six jackup contracts by Saudi Aramco
Rowan Companies has announced that its JV with Saudi Aramco, ARO Drilling, was awarded six three-year contracts by Saudi Aramco…
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Transocean semi-submersible awarded extension by Husky
Offshore driller Transocean has announced that 1985-built semisubmersible rig has been awarded a one-year contract extension by Husky Oil Operations.…
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Delos Shipping orders 12 VLECs at Korean yards
US shipping investment firm Delos Shipping has placed orders at two Korean yards for the construction of a total of…
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PSA makes first Canadian foray
Singapore terminal operator PSA International has made its Canadian foray, buying a 60% stake in Ashcroft Terminal in western Canada.…
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VT Halter Marine appoints new President and CEO
US shipbuilding and repair firm VT Halter Marine, part of VT Systems, has appointed Ronald Baczkowski as its new president…
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Oaktree swoops for OSM
American asset manager Oaktree Capital Management has swooped for Norwegian shipmanagement giant OSM. Oaktree, which has a large shipping portfolio…
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Cosco resorts to Yahoo and social media to stay in touch with clients in the Americas
Cosco’s staff across the Americas have resorted to using Yahoo email addresses and social media to keep in touch with…
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Concord Maritime: Cover for tanker owners
Launched in May this year Ben Ognibene has partnered with private equity firm American Working Capital to form tanker commercial…
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SBM Offshore accepts big fine to resume work in Brazil
SBM Offshore has reached a settlement with Brazilian authorities over a corruption investigation and can now resume business in South…
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HMM signs up with NYSHEX
South Korea’s Hyundai Merchant Marine (HMM) has become the sixth containerline to sign up to the fast growing freight platform,…
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Scorpio Tankers takes a stake in Ecochlor and orders 55 BWT systems
Emanuele Lauro’s Scorpio Tankers has agreed to purchase 55 ballast water treatment systems from Connecticut-headquartered Ecochlor. Installations are scheduled to…
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Foremost orders post-panamax pair at Oshima Shipbuilding
US dry bulk owner Foremost Group has placed an order at Japanese yard Oshima Shipbuilding for the construction of two…
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Eagle Bulk confirms ultramax swoop
Stamford-headquarted dry bulk owner Eagle Bulk Shipping has announced the acquisition of a 2014-built ultramax bulker for $21.2m. Splash reported…
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Ocean Rig announces raft of new contracts
George Economou’s offshore drilling outfit Ocean Rig has announced several new contracts and extensions. The company has been awarded a…
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Seaspan Shipyards appoints new CEO
Canada’s Seaspan Shipyards has named Mark Lamarre as its new CEO, replacing Brian Carter who has stepped down to pursue…
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Wilhelmsen abandons $400m Drew Marine acquisition
Norway’s Wilhelmsen has abandoned its $400m acquisition of US firm Drew Marine Technical Solutions after a District of Columbia court…
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