United States
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Offshore
Exxon will not buy Hess but is considering buying its Guyana stake
ExxonMobil CEO Darren Woods has stated that the US supermajor has no intention of buying Hess from under Chevron’s nose…
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Tankers
US blacklists tanker linked to Houthi financial supporter
The US Department of the Treasury’s Office of Foreign Assets Control has blacklisted a tanker for transferring oil linked to…
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Americas
China-Mexico tradelane in the spotlight on the US campaign trail
Last year, Mexico overtook China as America’s top trade partner, according to data from the US Commerce Department. Just how…
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Gas
Venture Global LNG seals deal for nine resales in South Korea
American gas supplier Venture Global LNG has moved into shipowning, announcing over the weekend a total of nine resales. The…
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Renewables
Maersk Supply Service forges US wind pact with Edison Chouest Offshore
Maersk Supply Service (MSS) has teamed up with Louisiana-based OSV giant Edison Chouest Offshore (ECO) to build and operate a…
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Finance and Insurance
US court rules in favour of CMB’s takeover of Euronav
The Saverys family-controlled Compagnie Maritime Belge (CMB) has cleared the first obstacle for the takeover of Euronav set by US…
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Americas
Jones Act leasing business launched by Libra subsidiary
Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s…
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Offshore
Tidewater PSV secures Neptune Energy contract
OSV owner Tidewater has clinched a charter deal with Neptune Energy for its platform supply vessel Troms Lyra. The 2013-built…
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Dry Cargo
Genco pockets extra $10.5m from delayed sale of two capes
Sometimes in the lottery that is shipping a failed deal can be a bonus. Last month US-listed bulker player Genco…
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Ports and Logistics
ZPMC responds to American cybersecurity concerns
The world’s largest port crane manufacturer, Shanghai Zhenhua Heavy Industries (ZPMC), has denied claims from US politicians that its equipment…
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Ports and Logistics
US probe finds questionable communications equipment on Chinese-built cranes
A US congressional probe has found questionable communications equipment on Chinese-built ship-to-shore cranes at American ports including cellular modems that…
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Renewables
Iberdrola makes $2.5bn offer to take full control of US subsidiary Avangrid
Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid…
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Offshore
Exxon lining up counteroffer for Hess’ Guyana assets
US oil company Hess is reviewing the timeline for the closing of a takeover deal by Chevron after compatriot oil…
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Dry Cargo
Genco rejects Economou’s board nominees
US-listed bulker owner Genco Shipping & Trading has rejected Greek shipowner George Economou’s two nominees to its board, saying that…
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Containers
Nike ties the knot with CMA CGM on biofuels
American sportswear giant Nike has contracted French liner CMA CGM to use sustainable biofuel for a part of its maritime…
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Operations
NYK unveils how it plans to get its car carriers to comply with new Californian emissions rules
A giant black pipe will be inserted into the funnels of Nippon Yusen Kaisha (NYK) car carriers calling at ports…
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Containers
Record TPM opens as ‘difficult’ transpacific contract negotiations get underway
The fortunes of the container market will become clearer this week as close to 4,000 delegates descend on Long Beach…
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Offshore
Diamond Offshore clinches new $350m drillship deal with BP
Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of…
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Dry Cargo
Genco capesize sales fall through
US-listed bulker player Genco Shipping & Trading has failed in its first attempt to successfully close the recently confirmed disposal…
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Offshore
Helix bags Talos decommissioning deal in US Gulf
New York-listed Helix Energy Solutions has penned a five-year deal with Talos Energy for offshore decommissioning work in the US…
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