Americas
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International Seaways takes six Euronav VLCCs
American tanker operator International Seaways has revealed it is the company taking six modern Euronav VLCCs for $434m on the…
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Seacor Marine acquires four PSVs
US offshore vessel operator Seacor Marine has announced the acquisition of four platform supply vessels. According to Seacor Marine, the…
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USCG releases its Final Action Memo on the El Faro sinking
The US Coast Guard (USCG) on Thursday released its Final Action Memo about the 2015 sinking of the cargo ship.…
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PDVSA risks losing licence to operate oil storage facility on Caribbean island
Venezuela’s troubled state oil firm PDVSA could lose its licence to operate an oil storage terminal on the Dutch Caribbean…
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Mobile container terminal expansion moves a step closer
A planned $49.5million expansion of the container terminal at the Port of Mobile in Alabama came a step closer after…
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Euronav and Gener8 Maritime to merge
The year 2017 will go down as one of peak consolidation and it is ending with one of the most…
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Foremost Group adds newcastlemax pair at Waigaoqiao
New York-based bulker owner Foremost Group has signed shipbuilding contracts with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two…
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Ocean Rig explores sale opportunities
Nasdaq-listed Ocean Rig is ready to explore a sale under pressure from shareholders, according to Reuters citing unnamed sources. The…
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Fog causes halt to all shipping on Houston Ship Channel
Vessel traffic on the Houston Ship Channel, one of the world’s busiest commercial waterways, was halted on Tuesday because of…
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Wilson Sons Ultratug Offshore fixes PSV trio to Petrobras
Brazil’s Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Petronect, has won a series of contract for…
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Eagle Bulk buys ultramax bulker
New York-listed dry bulk owner Eagle Bulk Shipping has acquired a two-year-old Crown-63 bulk carrier for $21.275m. The Stamford, Connecticut-based…
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Modec to provide and run FPSO for Petrobras project in Libra block
Brazil’s state oil firm Petrobras has signed a deal with Japan’s Modec, a supplier of offshore platforms, to build and…
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McDermott and CB&I to combine in $6bn mega merger
Texas-based offshore services firms McDermott International and CB&I have agreed to a merger to create a fully integrated onshore-offshore company…
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Panama Canal increases maximum draft for new locks
The Panama Canal has announced an increase in the maximum allowable draft, after recent rainfall brought the Gatun and Alajuela…
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Workers sue Shell and Enbridge over injuries sustained in November oil platform fire in the Gulf of Mexico
Three workers who were injured in a fire on an oil platform in the Gulf of Mexico are suing units…
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Statoil acquires quarter stake in Roncador field offshore Brazil
Norway’s Statoil on Monday announced it is acquiring a 25% stake in the Roncador oil field offshore Brazil from Petrobras,…
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Brand new Kuang Ming bulker refloated after grounding in Columbia River
A brand new bulk carrier owned by Taiwan’s Kuang Ming Shipping was successfully refloated after running aground in the Columbia River…
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Arbitrator rules for Petrobras in dispute with Sete Brasil
Petrobras, Brazil’s state oil company, announced it has won a favourable arbitration decision in a dispute with Sete Brasil, an…
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Venezuela’s PDVSA has begun making overdue interest payments on bonds
Venezuela’s cash-strapped state oil firm PDVSA says it has begun the process of paying overdue interest payments on four of…
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Seacor joint venture seals sale and leaseback deal for Jones Act product tanker
New York-listed Seacor Holdings has announced that its Jones Act shipping jv SEA-Vista has reached an agreement to sell one…
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