Region
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Apache awarded $43.2m in breach-of-contract case
Houston-based oil and gas firm Apache Deepwater was awarded $43.2m in a breach-of-contract lawsuit against fellow Houston firm W&T Offshore, according…
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Petrobras trying to cancel contract for drillship with Grupo Schahin
Petrobras is trying to cancel its contract for hiring a drillship with engineering conglomerate Grupo Schahin, according to Reuters. Brazil’s…
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PortMiami awarded $33m in improvement grants
The state of Florida has awarded PortMiami $33m in grants to be used for port improvements in the next five…
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Green carpet treatment offered by the Panama Canal
The Panama Canal Authority is rolling out a special green carpet, offering quicker transit bookings for its most environmentally friendly…
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Bihar in Chinese tanker swoop
Allied Shipbroking is reporting that Bihar International from Saudi Arabia has ordered up to eight tankers at New Times Shipbuilding…
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Statoil ups share in Byrding project
Norwegian oil major Statoil has announced that it has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project…
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AM Nomikos pays $12.35m for United Ocean kamsarmax
AM Nomikos Transworld Maritime Agencies has sealed its reputation as a deft buyer of distressed bulker assets. The Greek outfit…
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Seacor tables bid for bankrupt International Shipholding
Seacor Capital Corp has made a bid for bankrupt fellow American firm International Shipholding. International Shipholding, which sought bankruptcy protection…
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Analysts welcome Japanese box merger and ponder who’s next in consolidation wave
Shipping analysts have applauded the move from Japan’s big three lines to merge their container divisions, while musing who will…
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Nils Andersen joins BP board
Nils Andersen has wasted little time picking up juicy appointments since his shock departure from the Maersk Group this summer.…
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At least 10 workers killed as fire rips through beached tanker at Gadani
A giant fire engulfed a beached tanker today killing at least ten workers at the Gadani shipbreaking area in Pakistan…
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Odfjell orders up to eight chemical tankers at Hudong Zhonghua
Norwegian company Odfjell has signed shipbuilding contracts with CSSC-affiliate Hudong Zhonghua yesterday for the construction of four 49,000dwt chemical tankers,…
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DryShips offloads five panamaxes
Greek owner DryShips has announced it has sold five of its panamax vessels for $29.4m in total. The company sold…
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Navigator Holdings secures $220m refinancing
Navigator Gas and Navigator Holdings have entered into a secured facility agreement with ABN-AMRO, DVB Bank, Skandinaviska Enskilda Banken and…
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Teekay sells tanker pair to New Shipping
Teekay Tankers has agreed to sell two of its tankers to Adam Polemis led Greek owner New Shipping. One of the…
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Baker Hughes to combine with GE’s oil and gas business
Houston-based global oilfield services giant Baker Hughes is teaming up with the oil and gas business of Boston-based General Electric…
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Dynagas signs new charter deals with Gazprom
Dynagas LNG Partners has entered into a new long term time charter agreement with Gazprom Marketing & Trading Singapore for…
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SGX reprimands Swiber
Having only obliquely referenced the company before the Singapore Exchange (SGX) finally came out and lashed Swiber Holdings yesterday. Singapore-listed…
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Singapore government mulls aid for ailing offshore sector
Singapore’s minister for trade and industry has hinted the government might help out the city-state’s ailing marine and offshore engineering…
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Emissions show dramatic plunge at Port of Oakland
The Port of Oakland is touting huge drops in diesel emissions from ships and trucks over a 10-year period. Figures…
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