Region
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Farstad Shipping secures new contracts
Farstad Shipping has announced that it has been awarded four vessel charter contracts from Petrobras, Shell and Saipem. Petrobras has…
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Saudi Aramco and Rowan create drilling jv
Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture…
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Court halts sale of two Petrobras fields to Australian company
A Brazilian court has placed an interim injunction on the sale of two offshore fields by state oil firm Petrobras…
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HMM denies it has been vetoed from 2M
Hyundai Merchant Marine (HMM) sought to quell customer and investor concern over the weekend, denying reports in the Journal of…
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Reprieve for Perisai Petroleum Teknologi
Troubled Perisai Petroleum Teknologi, a Malaysian associate company of Emas Offshore, has got some breathing room from creditors thanks to…
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Suardiaz: ‘Setting an example by taking the environmental lead’
Spanish shipping group Suardiaz is entering a new step of its business development plan with investments mainly in LNG bunker…
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Transmed takes Nisshin kamsarmax trio
Nisshin Shipping’s rapid fleet pullback continues apace. Having put a trio of kamsarmaxes in the shop window a few weeks…
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Obama administration’s five-year plan blocks drilling in Arctic waters
Two days after widespread media reports predicted it, on Friday the administration of US President Barack Obama blocked oil and…
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Pola Maritime bulker refloated after grounding in North Carolina
A bulker owned by Pola Maritime that ran aground on Thursday afternoon near Fort Macon in North Carolina was successfully…
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Argentinian authorities boost security at Port of Rosario
Authorities in Argentina have beefed up security measures at the inland Port of Rosario with the aim of clamping down…
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Port of LA and GE Transportation on digital platform that boost efficiency
The Port of Los Angeles on Thursday announced it has joined forces with GE Transportation in a unique pilot scheme…
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Petrobras board approves sale of its LPG division for $819m
The board of Brazil’s state oil firm Petrobras has approved the sale of its liquefied petroleum gas (LPG) division for…
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Pillarstone eyes RBD Armatori
Naples-based RBD Armatori may be the second deal selected by Pillarstone in the Italian shipping market. The turnaround fund created…
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Hanjin court verdict delayed to February
Hanjin Shipping’s fate will now be decided in February rather than December as originally planned. The Korean line, which sought…
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Deep Sea Supply layups continue, 54% of fleet out of action
John Frediksen’s offshore support vessel firm Deep Sea Supply now has 20 vessels laid up, more than half its fleet.…
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Norden: Fleet rejig
At his latest quarterly results, Jan Rindbo, CEO of Denmark’s Norden, was honest, saying the $12m loss over the three-month…
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Oil smuggling caused tragic Gadani fire
The tragic Gadani fire on a beached tanker that claimed many lives on November took place due to smuggling of…
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Business rivalry cited in slaying of Indian stevedore boss
Police firmly believe that a business rivalry between stevedoring companies at the port of Odisha was the reason behind the…
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Shandong Offshore orders three decommissioning vessels at CIMC Raffles
Shandong Offshore subsidiary Shandong Twin Marine has signed shipbuilding contracts with CIMC Raffles for the construction of three semi-submersible vessels.…
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GC Rieber Shipping secures West Africa charter
GC Rieber Shipping has entered into a time charter agreement with Marine Platforms Limited in West Africa for subsea construction…
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