Americas
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Canadian authorities to buy Kinder Morgan pipeline, increased tanker shipments likely
Canada’s federal government has announced it will buy the Trans Mountain oil pipeline from Houston-based energy infrastructure firm Kinder Morgan…
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DP World completes $316m deal to acquire Peru’s CAM
DP World, the Dubai-based global terminal operator, has closed its acquisition of Peruvian container and logistics giant Cosmos Agencia Maritima…
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Inchcape settles US Navy dispute, agreeing to pay $20m
Inchcape Shipping Services has coughed up $20m to resolve a long standing dispute with the US Navy who had claimed…
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Zeaborn continues heavylift consolidation with Intermarine JV
Bremen-based Zeaborn continues to be a driving force of consolidation in the heavylift sector. The four-year-old company has just signed…
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AET orders shuttle tanker quartet for Petrobras deal
AET, part of Malaysia’s MISC, has headed to Korea to order four suezmax shuttle tankers after winning a long-term charter…
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Peru cancels five offshore oil project contracts with Tullow
Peru’s government has cancelled five offshore contracts with UK developer Tullow Oil on the grounds that the previous regime, which…
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NTSB issues illustrated digest of its final report into the El Faro tragedy
The US National Transportation Safety Board (NTSB) on Friday announced the release of an easy-to-read digest version of its final…
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Shell makes big oil discovery in Gulf of Mexico
Supermajor Shell says it has made a big oil discovery in the Gulf of Mexico, southeast of New Orleans. The…
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Navy drops negligent homicide charge against former CO of USS John McCain
The US Navy has dropped charges of negligent homicide against the former commanding officer of the destroyer USS John McCain…
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Euroseas gets approvals for EuroDry spin-off
Greek owner Euroseas has received the relevant approvals for its EuroDry spin-off, which will be listed on the NASDAQ Capital…
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Harvey Gulf takes swipe at competitors as it emerges from chapter 11
US offshore support vessel owner Harvey Gulf International Marine has received court approval for its reorganisation plans, just 77 days…
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US Congress introduces cabotage bill to boost shipbuilding
Bi-partisan legislation was introduced to Congress on Tuesday, a bill with the aim of requiring that quotas of vessels carrying…
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Sweeping changes for Aegean Marine Petroleum Network
New York-listed bunker supplier Aegean Marine Petroleum Network has made a raft of changes that will see a new chairman…
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Philadelphia Shipyard to lay off 275 workers because of depleted orderbook
Philadelphia Shipyard on Tuesday announced it plans to lay off 275 workers by July 20. In notifying Pennsylvania’s Department of…
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Cheniere to build third LNG train at Corpus Christi export terminal
Houston-based Cheniere Energy on Tuesday announced it has approved the building of a third liquefaction unit at its Corpus Christi,…
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White House looks to streamline regulations for shipping
An office attached to the US White House is seeking public input on ways to streamline maritime regulations, with special…
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USCG implements marine safety zone because of Hawaiian volcano
The US Coast Guard (USCG) has issued a safety warning to all shipping about hazards associated with the active Kilauea…
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Tim Nolan named as new president and CEO of Tote Maritime
Seattle-based transportation conglomerate Saltchuk has named Tim Nolan as the next president and CEO of its subsidiaries Tote Maritime and…
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Mexico’s energy reforms being hamstrung by over-complicated regulations
Mexico’s energy reform policy is being hampered by complicated regulatory requirements, according to Reuters which cites company bosses and government…
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Teekay Tankers to bank $36m from sale and leaseback deal
Teekay Tankers revealed in its latest set of results that it has agreed a sale and leaseback deal for seven…
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