Region
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Shell acquires stakes in three Gulf of Mexico pipelines from BP
Shell Midstream Partners, a subsidiary of Royal Dutch Shell, on Wednesday announced it had acquired stakes in three Gulf of…
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Seadrill secures Saudi Aramco jackup extension
Offshore drilling services provider Seadrill has received a three-year contract extension from Saudi Aramco for the jack-up . The extension…
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China Ocean Industry sets up shipbuilding joint venture
Hong Kong-listed China Ocean Industry has announced that it has entered into a cooperation framework agreement with Xiamen Xiangyu Group,…
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Sun Bay orders accommodation platform at Huangpu Wenchong
CSSC-affiliated Huangpu Wenchong Shipbuilding has signed a contract with Sun Bay (Hong Kong) for the construction of a jack-up offshore…
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Fujian Shipbuilding Industry establishes offshore engineering jv
Fujian Shipbuilding Industry Group has announced that it has jointly invested an offshore engineering joint venture with state run China…
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Former Rizhao Port president under investigation
Du Chuanzhi, former president of Rizhao Port, has been taken away by discipline inspection authorities as part of corruption investigations.…
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Golden Pass LNG export facility gets FERC permit
The US Federal Energy Regulatory Commission (FERC) has granted permission to export gas from a liquefied natural gas (LNG) joint…
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Brazil planning refinery on northeast coast
Brazilian officials are talking with Iranian and Indian oil and engineering firms about investing in a planned oil and petrochemical…
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Evalend secures Hanjin tanker quartet
In a busy final few days of the year Kriton Lentoudis’s Evalend Shipping has finally nailed down the sale of…
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HMM’s 5% global box market share target ‘unrealistic’
Growth plans unveiled recently by top management at South Korea’s Hyundai Merchant Marine (HMM) have been slammed as “unrealistic” and…
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DBS moves to take control of a new liftboat belonging to bust Swissco
Singapore’s DBS Bank is moving to take control of a brand new liftboat belonging to bust compatriot Swissco Holdings. Swissco…
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ZIM quits Transpacific Stabilization Agreement
Israeli shipping line ZIM will quit the Transpacific Stabilization Agreement (TSA), a discussion agreement by the major container carriers moving…
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Hanjin Shipping tells bankruptcy court its US assets are far less than its liabilities
Failed South Korean giant Hanjin Shipping told a New Jersey bankruptcy court on Tuesday that its liabilities in the US…
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STX’s Goseong Offshore & Shipbuilding auction fails
South Korea’s Goseong Offshore & Shipbuilding, a subsidiary yard of bankrupt STX Offshore & Shipbuilding, has failed to attract bidders…
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Golar FSRU receives early termination from Petrobras
Golar LNG Partners has received a notice of early termination for the charter of FSRU from Petrobras. The original end…
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DryShips gets $200m boost
Fresh from a $200m refinacing deal provided by George Economou, DryShips has sealed an agreement with Kalani Investments whereby it…
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Euroseas scraps bulker
Greek owner Euroseas is scrapping 1997-built dry bulk carrier , the oldest dry bulk vessel in its fleet. Euroseas says…
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Four European MPP operators form House of Shipping
A group of four European operators of multipurpose cargo vessels has reached an agreement to cooperate in technical shipmanagement to…
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Norwegian authority finds issue with Teekay FPSO at Petrojarl Knarr
Norway’s Petroleum Safety Authority (PSA) has found a number of problems on Shell’s FPSO, following an audit on the unit.…
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Great Eastern Shipping acquires secondhand Lemos suezmax
India’s Great Eastern Shipping has signed a contract to buy a 150,000 dwt suezmax crude carrier. The vessel is expected…
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