United States
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Americas
Anadarko budgets $1.1bn for deepwater Gulf of Mexico activity in 2018
Woodlands, Texas-based oil exploration company Anadarko Petroleum says it is setting aside $1.1bn for deepwater drilling in the Gulf of…
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Americas
US ports oppose tax reform bill’s axeing of some exemptions and credits
American seaports have expressed doubts about certain aspects of the federal tax reform bill that the US House of Representatives…
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Americas
Eagle Bulk to issue bond and secure additional loan to cover debts
Stamford-based Eagle Bulk Shipping is seeking to cover its debts with secured bond issues made through some of its subsidiary…
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Americas
USCG probes death on MOL chemical tanker
The US Coast Guard (USCG) is investigating the death of a person on board a chemical tanker moored in Richmond,…
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Americas
ICTSI hails US appeals court ruling that confirms ILWU broke labour law
International Container Terminal Services, Inc (ICTSI) on Wednesday hailed a US appeals court decision that found the International Longshore and…
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Americas
FMC names five companies operating unlicensed shipping services
The US Federal Maritime Commission (FMC) says in a release that it has recently received complaints and questions about five…
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Americas
Teekay LNG Partners launches gas pool
Teekay LNG Partners has launched Teekay Multigas Pool, a new in-house commercial management solution for ethylene-capable LPG and small-scale LNG…
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Americas
Vantage Drilling and ADES form Egyptian joint venture
US offshore driller Vantage Drilling International and UK drilling and production firm ADES International Holding have formed a joint venture…
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Americas
GE may drop its stake in Baker Hughes
Houston-based oilfield services giant Baker Hughes could be dropped from the GE family it joined only in July as the…
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Americas
US market regulator fines Statoil for manipulation
The United States’ Commodity Futures Trading Commission (CFTC) said on Tuesday it has fined Norway’s Statoil $4m for manipulating the…
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Europe
Torm to list on Nasdaq
Danish shipowner Torm has announced plans to file for registration with the US Securities and Exchange Commission today for a…
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Offshore
GulfMark Offshore emerges from chapter 11 after completing restructuring
US offshore vessel operator GulfMark Offshore has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11…
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Americas
Shell says four Gulf of Mexico platforms shut in because of Enchilada fire
British-Dutch oil multinational Shell announced on Tuesday that four of its platforms are shut in because of last week’s fire…
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Americas
Americans top charts in distressed asset acquisitions this year
This year has seen American owners top the list of buyers of distressed tonnage, snapping up vessels sold at bank…
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Americas
Pacific Drilling files for chapter 11
Drillship specialist Pacific Drilling has filed for chapter 11 in the US Bankruptcy Court Southern District of New York. The…
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Americas
Portland to welcome back liner calls after lengthy time on the sidelines
After more than 18 months of lying dormant the Port of Portland’s container facility, Terminal 6, has found a customer.…
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Americas
Former executives of SBM Offshore plead guilty to corruption in US court
A pair of former executives at Dutch oil industry services firm SBM Offshore pleaded guilty in US federal court on…
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Americas
Port of Oakland gets initial approval for logistics centre
The Port of Oakland on Friday announced that its board of commissioners has given initial approval for a logistics centre…
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Americas
McDermott scores major EPCI contract in the Middle East
Houston-based offshore services firm McDermott International has announced a major contract award from the Middle East for engineering, procurement, construction…
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Americas
International Seaways snaps up Gener8 VLCC
New York-headquartered tanker owner International Seaway continues to expand its fleet with the acquisition of a 2010-built VLCC, a deal…
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