Region
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Air quality setback for Port of Long Beach
An independent annual study for the Port of Long Beach has found that air pollution levels worsened in 2015 compared…
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US Gulf of Mexico lease sale attracts only $18m in bids
The first online-only auction of US Gulf of Mexico offshore oil and gas blocks went ahead without a hitch on…
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Canada mulls charge on companies drilling offshore on the extended continental shelf
Canadian authorities are considering whether or not to charge multimillion-dollar fees to companies that drill hundreds of miles offshore on…
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UASC posts biggest operating loss of any major container line
United Arab Shipping Company (UASC) has posted its financial figures publically for the first time, revealing a -9% operating loss…
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21 jobs lost as CIE Well Control enters administration
Aberdeen-based subsea operations firm CIE Well Control has entered administration due to persistently low oil prices and a lack of…
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Vogemann launches OPEX guarantee scheme
Germany’s H. Vogemann shipping group has launched an operating expenditure (OPEX) guarantee scheme for owners of dry bulk and multipurpose…
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Nobu Su questions ‘unauthorised’ payments to JPMorgan Chase
Today Makes Tomorrow (TMT) has written to JPMorgan Chase Bank to question two remittances of $5.25m in total, which TMT…
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Shipping welcomes the Irelandmax, the latest word in green technology
There’s a new word to shipping’s ever expanding lexicon – the Irelandmax. Needless to say, these ships are promoted as…
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Golden Ocean delays six Chinese cape deliveries
John Fredriksen’s Golden Ocean, in releasing its interims today, has revealed it postponed delivery of six capesizes by seven to…
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Höegh LNG speeds up FSRU conversion project
Höegh LNG as signed agreements with Wärtsila Oil and Gas and Moss Maritime for its first FSRU conversion project, including…
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Iran keen to participate in Nicaragua Canal project
The long dormant plan to build a canal through Nicaragua to rival the newly expanded Panama Canal could be revived.…
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Japanese owners dominate dry bulk sales
Data provided exclusively by online pricing platform VesselsValue.com shows just how dramatically Japanese owners have been shedding dry bulk tonnage…
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CSSC cheque is in the mail for bank IPO
China State Shipbuilding Corporation (CSSC), one of the two state run shipbuilding conglomerates in China, is going to support the…
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Siem Shipping pushes ahead with Oslo delisting
Siem Shipping is pushing ahead with its delisting, first mooted in May. Today it applied to the Oslo Stock Exchange…
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D’Amato di Navigazione moves a step closer to exiting shipowning
Naples-based D’Amato di Navigazione looks like it is ready to get rid of its last two ships in its fleet.…
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Shenzhen takes the lead in Pearl River ECA creation
The Port of Shenzhen is jumping the gun ahead of its neighbours in creating an emissions control area (ECA). The…
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USCG announces electronic fingerprint security for entry to high-risk ports
The US Coast Guard (USCG) has issued its new rules on seaport security, requiring electronically readable fingerprint identification for seamen…
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Monjasa secures $80m credit facility
Oil and shipping group Monjasa has been granted a credit facility of $80m by French bank Société Générale which it…
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BOEM offices picketed ahead of online auction for Gulf of Mexico leases
The US Bureau of Ocean Energy Management (BOEM) was picketed by green protesters at its offices in New Orleans, Louisiana,…
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TSC moves into offshore decommissioning business
Hong Kong-listed TSC Group has announced that it has entered into an agreement with Offshore CC FZE to form a…
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