Region
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Donald Trump appoints Michael Khouri as FMC chair
President Donald Trump has appointed Michael Khouri as chairman of the five-member Federal Maritime Commission. Khouri, a 45-year veteran of the…
Read More » -
Project Cargo Weekly: No slave to advertisers
The moment when he was asked to place an advert in return for some editorial by a heavylift title set…
Read More » -
Japanese shipping majors in freefall
On a dire day for Japan’s big three shipping lines, Nippon Yusen Kaisha (NYK) revealed a record loss of just…
Read More » -
Restructuring at Fredriksen’s Seadrill proving complex
John Fredriksen’s rig outfit Seadrill has admitted restructuring is proving more complex than originally forecast and stakeholders face noticeable losses.…
Read More » -
Bibby demands arbitration with Emas Chiyoda Subsea over $18m contracts
UK-based offshore operator Bibby Offshore has filed a case in the Texas Southern District Court against Emas Chiyoda Subsea, the…
Read More » -
Toisa provides more details on Chapter 11 filing
More details have been released about the Chapter 11 filing in New York by Toisa, a shipowning vehicle controlled by…
Read More » -
Varun closes in on $420m Chinese VLGC series
India’s Varun Shipping has signed a letter of intent at China’s Jiangnan Shipyard for a massive order of VLGCs. Brokers…
Read More » -
Indian oil spill clean-up efforts criticised
Indian authorities are coming under increasing criticism for their lack of oil spill clean-up infrastructure. In the wake up of…
Read More » -
Shokuyu Tanker sells chemical tanker to Thai firm
The low key Japanese oufit Shokuyu Tanker has sold the eight-year-old Miura Shipbuilding-built, 13,000 dwt chemical tanker for $13m to…
Read More »