Region
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Anadarko discovers hydrocarbons at Warrior-2 well in US Gulf of Mexico
Anadarko Petroleum has discovered hydrocarbons at one of its wells in the US Gulf of Mexico. The Warrior-2 well is…
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Some parts of Panama Canal to close for repairs at end of month
Some parts of the Panama Canal will close for scheduled repairs, lasting 11 days starting at the end of this…
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Politicians approve ‘Magna Carta’ for Filipino seafarers
The House of Representatives in Manila has voted unanimously in favour of what has been dubbed the “Magna Carta for…
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Wison delivers world’s first FLNG barge to Exmar
China-based Wison Offshore & Marine has completed the final delivery for the world’s first barge-based floating natural gas liquefaction and…
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STX France to be nationalised
A shipyard on France’s Atlantic coast finds itself at the centre of a diplomatic spat. The nation’s new president, Emmanuel…
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21% of all jackups need to be scrapped
More than one in five jackups need to be scrapped, according to a new report by consultants Rystad Energy. “With…
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Strike on the cards at Gadani
The local trade union at the Gadani shipbreaking area in Pakistan has warned its members will strike from the middle…
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CSIC to sell stakes in DSIC and WSIC
Chinese state run shipbuilding conglomerate China Shipbuilding Industry Corporation (CSIC) has announced a plan to sell part of its stakes…
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EU demands France and Belgium stop giving ports corporate tax exemptions
The European Commission yesterday demanded Belgium and France end corporate tax exemptions granted to their ports. The commission also warned…
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Bonn Climate Project: The case for hydrogen
Bonn Climate Project, a clean energy outfit based in the former West German capital, is making efforts to become a…
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Port of LA incentivising ship operators to exceed emission reduction requirements
The Port of Los Angeles on Thursday announced it is expanding its rewards program for ship operators who do more…
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Diana Shipping fixes kamsarmax bulker to Glencore
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for 82,193dwt kamsarmax bulker…
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Saipem awarded $900m Zohr contract in Egypt
Offshore engineering contractor Saipem has finalised $900m worth of offshore contract variations with Petrobel for engineering, procurement, construction and installation…
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SUMEC confident of Dayang Shipbuilding restructuring
SUMEC Group, a machinery manufacturer and a major creditor of Yangzhou Dayang Shipbuilding, has released an announcement to explain the…
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SeaBird Exploration secures seismic contract in West Africa
SeaBird Exploration has signed a letter of intent to conduct a shallow water 3D seismic survey in the West Africa…
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Brookfield takes over Teekay Offshore Partners
Canadian asset manager Brookfield Business Partners is spending around $750m to take a majority 60% stake in Teekay Offshore Partners,…
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HMM disputes $10bn expansion reports
Hyundai Merchant Marine (HMM) officials are disputing local media reports that the line is tapping state-backed Korea Development Bank (KDB)…
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Noble Group to slash headcount to just 400
Noble Group, Asia’s largest commodities trader at the start of this decade, will slash its staff to just 400 in…
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Emas Offshore subsidiary to be liquidated
Offshore vessel operator Emas Offshore, one of the only companies in the Ezra Holdings group that hasn’t filed for bankruptcy…
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Indian consulate in Dubai names and shames companies abandoning crews
The Indian consulate in Dubai has issued an advisory in the wake of being inundated with many shocking cases of…
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