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Offshore
Kristian Siem seals nine-vessel deal to exit Siem Offshore
The founder of Siem Offshore, Kristian Siem, is leaving the company and stepping down as chairman by letting go of…
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Operations
One dead and several injured in Pemex platform fire
At least one person has been killed and several others are injured in a fire that erupted on the Pemex-operated…
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Finance and Insurance
Shearwater agrees $700m refinancing
Norway’s Shearwater Geoservices, the world’s top seismic vessel player, has completed the refinancing of its long-term debt. The Bergen-based firm…
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Offshore
Aker Solutions awarded contract by OKEA
Norway’s Aker Solutions has won the engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Brasse tieback project for…
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Offshore
PGS bags large 3D seismic deal
Norwegian seismic acquisition specialist PGS said Monday it had secured a letter of award for a large 3D contract offshore…
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Containers
MSC faces $63m penalty in US regulatory dispute
Mediterranean Shipping Co (MSC) is looking at a potential $63m fine in the US for alleged violations of the Shipping…
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Operations
US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
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Ports and Logistics
DP World teams with Rumo for new $500m grain and fertiliser terminal at Brazil’s Santos port
Dubai-based terminal operator DP World has partnered up with Brazilian railway operator Rumo to build a grain and fertilizer terminal…
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Offshore
Scott McReaken quits Fredriksen’s rig companies
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off…
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Offshore
Sapura Energy awarded subsea services contract by Shell
Malaysian offshore services provider Sapura Energy has been awarded a contract to provide pan-Malaysia underwater services for the Petronas group…
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Dry Cargo
Precious Shipping sells ageing supramax in fleet renewal push
Thai dry bulk player Precious Shipping has continued its fleet renewal push with the sale of a 2013-built supramax. The…
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Offshore
DeepOcean lands long-term deal with Equinor
Norwegian offshore contractor DeepOcean has sealed a frame agreement with Equinor for marine services on both offshore renewables and oil…
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Tankers
Safeen Feeders vessel joins Stena Sonangol suezmax pool
AD Ports Group’s shipping arm Safeen Feeders has joined the Stena Sonangol suezmax pool, a joint venture between Swedish shipowner…
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Dry Cargo
Intercargo and RightShip launch centre of excellence for dry bulk shipping
Bulker owners’ association Intercargo and risk management platform RightShip have established an independent not-for-profit organisation dedicated to reducing operational incidents,…
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Renewables
Swedish gigawatt-scale offshore wind farm receives key environmental permit
A potential 5.5 GW offshore wind farm project in the Swedish Economic Zone has been granted a Natura 2000 permit…
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Shipyards
Dyna-Mac scores largest ever contract
Dyna-Mac has landed the largest ever contract in the company’s history, taking its orderbook to a record S$896m ($663m). In…
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Dry Cargo
Ultramax orders pile up at New Dayang
Busy Chinese builder New Dayang has secured more orders for ultramax bulk carrier newbuildings. Beijing-based leasing company Huaxia Financial Leasing…
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Offshore
Subsea 7 wins contract worth up to $150m
Offshore engineering and services player Subsea 7 has announced a sizeable contract win with an undisclosed client for its subsea…
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Dry Cargo
Drydel places first bulker order under new brand
Greek bulker player Drydel Shipping has contracted its first newbuild since changing its name from Meadway Shipping and Trading adding…
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Operations
Candler in for six MPPs at New Jiangzhou Shipbuilding
German MPP specialist Candler Schiffahrt has struck a newbuilding deal at a reborn Chinese yard. The Bremen-based company has contracted…
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