Americas
-
Cargill has no interest in owning ships
Commodities giant Cargill is looking to exit its brief flirtation with shipowning. Great Wave Navigation, a joint venture between Cargill…
Read More » -
Seaspan adds 18 boxships with $380m GCI deal
Canada’s Seaspan has acquired the remaining 89% equity interest of Greater China Intermodal Investments (GCI) from affiliates of The Carlyle…
Read More » -
Petrobras to sell its full stakes in two fields off Brazil’s northeast coast
Petrobras, Brazil’s state oil company, announced it will sell two offshore oil fields, one in production and one not yet…
Read More » -
European shipowners hit out at Trump’s proposed tariffs
European shipowners have said they disagree with the US President Trump’s decision to impose additional duties on imports of certain…
Read More » -
‘Normal means nothing is normal. Normal means change’: ABS boss
Christopher Wiernicki, the chairman of American class society ABS, has once again impressed upon the shipping industry the need to…
Read More » -
McDermott and BHGE win FEED contract for gas project offshore West Africa
US-based energy industry service companies McDermott International and Baker Hughes a GE Company (BHGE) on Monday announced they had won…
Read More » -
US ports express concern over the effects of steel tariff
Some prominent US ports have registered their concern and disapproval at the planned steel and aluminium tariffs that President Donald…
Read More » -
Shipping’s digitalisation path must embrace disruption
Mark T. Vassel reports from last week’s Vancouver conference organised by Transas. Shipping lines looking to harness the full power…
Read More » -
New York state asks for exemption from federal offshore drilling expansion
New York has become the latest state to request an exemption from a planned expansion of federal offshore oil and…
Read More » -
Harvey Gulf International Marine files for Chapter 11 bankruptcy
New Orleans-based offshore support vessel (OSV) company Harvey Gulf International Marine (HGIM) has filed for Chapter 11 bankruptcy protection in…
Read More » -
American fund manager focuses on FFAs
American fund manager Breakwave Advisors is launching the first exchange-traded fund (ETF) focused on freight forward agreements (FFAs). The move…
Read More » -
Wintershall sets sights on Brazil’s offshore licensing rounds
Winterhsall, a subsidiary of German chemicals group BASF, said on Wednesday that it aims to expand into Brazil’s booming offshore…
Read More » -
US Interior Secretary announces plan to improve offshore inspections
US Secretary of the Interior Ryan Zinke has introduced some initiatives to improve federal offshore oil and gas inspection procedures.…
Read More » -
Frank Coles savages shipping institutions holding back tech change
Mark T. Vassel reports this week from Transas’s annual global conference in Vancouver. The shipping industry must undergo a wholesale…
Read More » -
Singapore identifies poor US Navy training in tanker collision report
Singapore authorities have laid the blame on last year’s collision between the USS John S. McCain and the tanker on…
Read More » -
Pemex weighs inviting JV partners to join offshore projects
Pemex, Mexico’s state oil firm, is considering inviting partners to help develop some of its solo offshore projects in the…
Read More » -
Petrobras chief says sale of Texas refinery still in the works
Brazil’s state oil firm Petrobras is pressing ahead with plans to sell off its oil refinery in Pasadena, Texas, according…
Read More » -
McDermott earns contract on BP project offshore Trinidad
Houston, Texas-based oil industry service company McDermott International has announced it has won a contract from BP Trinidad and Tobago…
Read More » -
US seaborne exports of oil products at an all-time high
Following a seasonal surge in December 2017, the US seaborne export of oil products reached the highest annual level ever,…
Read More » -
Oceaneering acquires Ecosse Subsea
Houston-headquartered Oceaneering International has acquired Scottish engineering firm Ecosse Subsea for around £50m ($69m). Ecosse builds and operates seabed preparation, route clearance and trenching tools…
Read More »