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Americas
Pangaea Logistics Solutions lower rates for client facing bankruptcy
Pangaea Logistics Solutions on Friday announced it has amended the terms of a long-term contract of affreightment (COA) with a…
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Europe
Scorpio Tankers seals $44m loan for refinancing of MR pair
NYSE-listed Scorpio Tankers announced on Friday it has received commitment for a loan facility of up to $44m from NIBC…
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Americas
Petrobras and Ensco wheel and deal on rig contracts
UK-based offshore drilling contractor Ensco has revised terms with Petrobras over some of its rig contracts with Brazil’s scandal-plagued, financially…
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Americas
US Port of Vancouver begins hunt for new CEO
The CEO of the Port of Vancouver, Washington, Todd Coleman will step down after almost exactly four years in the…
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Americas
Leading roro car carriers face new class action over collusion
Some of the world’s leading car shipping firms face the prospect of more court appearances after a class action was…
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Americas
ACP defers latest Panama Canal draft restriction
Recent draft restrictions for vessels transiting the Panama Canal, which were scheduled to begin on May 9, have been pushed…
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Americas
FMC to work with private sector to solve port congestion problems
In a bid to ease congestion problems at US seaports over the long term the Federal Maritime Commission (FMC) has…
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Americas
Petrobras selling $1.4bn of assets in Argentina and Chile
Petrobras, Brazil’s deeply troubled state-run oil firm, has announced the sale of some of its vast assets in fellow South…
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Americas
Baker Hughes plans to cut $500m in costs after cancellation of Halliburton merger
Even though Sunday’s cancelling of its planned merger saw it net $3.5bn in termination fees from Halliburton, Baker Hughes announced…
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Americas
Hess joins Kosmos and Chevron in offshore Suriname development
Dallas-based Kosmos Energy announced on Tuesday it is giving up part of its interest in an offshore Suriname development to…
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Americas
BP gives up its resistance to paying Deepwater Horizon damages to seafood industry
BP on Tuesday yielded in its almost two-year-long resistance to paying damages to US Gulf Coast seafood industry stakeholders. The…
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Americas
Palermo Tanks terminal up and running in Colombia
The first phase of the Palermo Tanks terminal project in the port of Barranquilla, Colombia has been completed and is…
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Americas
USCG announces dates for second El Faro hearing
The US Coast Guard (USCG) has set the dates and place for the second round of the Marine Board of…
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Americas
US Supreme Court denies BP shareholders class-action request over Deepwater Horizon
The US Supreme Court on Monday denied shareholders of BP a request to revive their class action against the Britain-based…
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Americas
Chevron to lay off 1,000 more workers
Chevron is increasing its planned job cuts to 8,000 as the oil-price slump continues to hurt, according to the Houston…
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Americas
Mendes Junior Engenharia barred from government tenders for two years
Brazil’s comptroller general on Thursday barred an engineering company implicated in the Petrobras corruption scandal from seeking government tenders for…
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Americas
Entrance to Port of Santos reopens
The entrance to the Port of Santos in Brazil reopened on Thursday after being closed for 30 hours because of…
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Americas
Separate mission needed to retrieve VDR from El Faro
The US National Transportation Safety Board (NTSB) announced on Wednesday it will have to set up a new mission to…
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Americas
API calls for maximum US offshore drilling
The American Petroleum Institute (API) – a national trade associate in for the oil and gas industry in the US…
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Americas
El Faro’s VDR located by search team
More than six months after the cargo ship El Faro sank off the Bahamas with the loss of all 33…
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