Region
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Fugro wins IRM contract
Dutch owner Fugro has been awarded an inspection, repair and maintenance framework contract in the Asia Pacific region. The three-year…
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Eurotankers nails decent price for Japanese aframax
Busy Eurotankers has concluded its long search for an aframax. The Greek owner came close a year ago to taking…
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MSC and HMM complete takeover of Hanjin’s US terminals
Terminal Investment Limited (TIL), a subsidiary of Mediterranean Shipping Company (MSC), today confirmed the acquisition of Hanjin’s interests in Total…
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Navigator Holdings issues bonds
New York-listed gas giant Navigator Holdings has issued $100m aggregate principal amount of new senior unsecured bonds in the Nordic…
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Oldendorff flips another post-panamax for quick profit
German bulker giant Oldendorff is proving very adept at flipping vessels for a fast buck as dry bulk assets climb…
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Duterte asks China for help to fight piracy, compares Sulu Sea to Somalia
Philippine President Rodrigo Duterte has asked China to help in the fight against Muslim militants belonging to the Abu Sayyaf…
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Noah’s Ark refloated in Qingdao
There’s a maritime revival of biblical proportions taking place in the northeast of China. Qingdao Marine Noah’s Ark Shipping (QMNA),…
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DHT heads to Hyundai Heavy for pair of VLCCs
South Korea’s Hyundai Heavy Industries (HHI) has notched up its first ship contracts of the year. DHT Holdings, which this…
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Chartworld takes another Hanjin bulker
The latest capesize from the Hanjin Shipping’s stable has been sold. Creditor KEB Hana Bank asked for a price indication…
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Maersk mulls Brazil energy sales
Maersk Energy is mulling selling its oil and gas business in Brazil, its ceo has told Reuters. “We have said…
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Wood Group scores Hess deal in Malaysia
UK-headquartered Wood Group has been awarded a five-year operations and maintenance contract with Hess Exploration & Production Malaysia. Wood Group…
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D’Amico sells tanker pair to Sea World Management, charters back
D’Amico International Shipping has sold two medium range product tankers, High Endurance and High Endeavour, to Sea World Management for…
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Hanjin Group drawn into US bankruptcy proceedings
Hanjin Group risks being drawn into the US bankruptcy proceedings of subsidiary Hanjin Shipping. The New York Shipping Association-International Longshoremen’s…
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DryShips completes $200m share sale
George Economou’s DryShips has completed a $200m common stock offering, raising $198m for the company to continue its recently announced…
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Former billionaire Batista arrested in Petrobras probe
Oil and mining tycoon Eike Batista, wanted in connection with the Petrobras scandal, returned to Brazil from the US and…
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US Senate confirms Elaine Chao as Secretary of Transportation
The US Senate on Tuesday confirmed Elaine Chao as Secretary of Transportation by a vote of 93 to 6. And…
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Bibby Offshore extends DSV charter with Volstad Maritime
Bibby Offshore has agreed a long-term extension to the charter of Volstad Maritime’s dive support vessel . Bibby says that…
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Dolphin Drilling gets semi-submersible extension from Chevron
Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has been awarded an extension by Chevron North Sea for semi-submersible rig…
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DOF wins new contracts in Brazil
Norway’s DOF says that its subsidiary Norskan Offshore has been awarded three new contracts by Petrobras in Brazil. AHTS has…
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Kvaerner and Aker Solutions win Johan Sverdrup contract
Kvaerner has together with Aker Solutions been awarded a contract for offshore hook-up of the riser platform for the Johan…
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