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Asia
EMAS Chiyoda Subsea looks to cold stack $150m pipelay vessel
Newly formed EMAS Chiyoda Subsea, the recently finalised 50:50 joint venture of Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation, is…
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Europe
Vard lands 15 vessel order from Topaz Energy and Marine
Norwegian offshore shipbuilder Vard has secured a contract from Dubai-based Topaz Energy and Marine for the design and construction of…
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Europe
Noble Corporation reaches $540m agreement over drillship cancellations
Noble Corporation and Freeport-McMoRan Oil & Gas have come to an agreement over the cancellation of contracts for drillships Noble…
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Europe
DOF Australia scores Schlumberger contracts
Norwegian offshore vessel owner DOF has announced that its Australian subsidiary, DOF Management Australia, has signed two contracts with Schlumberger Asia…
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Europe
Another 40 jobs to go at Maersk Oil
Maersk Oil has said that it will reduce its Growth division, leading to the loss of 40 jobs, as part…
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Europe
Vard hit again as another customer goes bust
Norwegian shipbuilder Vard Holdings is assessing its options in regards to a diving support and construction vessel under construction at…
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Asia
Sinochem setting up in Singapore as it eyes transpacific trades
Sinochem Shipping will open a new office in Singapore in 10 days time as part of plans to interenationalise the…
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Americas
Hercules Offshore extends forbearance putting newbuild jackup in jeopardy
Houston-based offshore drilling company Hercules Offshore has given itself some breathing space as it faces bankruptcy having defaulted on a…
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Europe
DHT Tankers offloads suezmax
Norwegian tanker specialist DHT Tankers has sold off it last remaining suezmax vessel, 2001-built , during the month of April…
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Europe
DOF Subsea lands Petrobras extension
Petrobras has extended the contract for multipurpose research and supply vessel , owned by Norway’s DOF Subsea. The contract has…
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Asia
Abu Sayyaf releases kidnapped Indonesian crew
Ten Indonesian seafarers were released yesterday after more than a month in captivity with Abu Sayyaf. The Philippine militant group…
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Asia
MPA Singapore revokes two more bunker licenses
Maritime and Port Authority of Singapore (MPA) has pulled the plug on licenses for bunker craft operator Seaquest Tanker and…
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Europe
Subsea 7 stacks two more vessels
UK-headquartered subsea specialist Subsea 7 has revealed that it has stacked an additional two vessels and let go of a…
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Europe
Reach Subsea restructuring sees Solstad and Østensjø Rederi become shareholders
As part of a major restructuring to ensure its long-term survival, Reach Subsea has restructured its charter agreements with Solstad…
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Asia
Shipping warned as Abu Sayaff beheads Canadian hostage
Philippine militant group Abu Sayyaf has given the shipping industry a shocking taste of things to come, having beheaded a…
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Europe
V.Group boss denies sale speculation
Clive Richardson, president and ceo of V.Group, has denied UK press reports that the company is up for sale. The…
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Europe
Rickmers-Linie and Bahri Liner sign space charter agreement
Rickmers-Linie and the National Shipping Company of Saudi Arabia (trading as Bahri Liner) have recently signed a space charter agreement.…
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Containers
Hapag-Lloyd and UASC in merger talks: German media
German media report say that Hapag-Lloyd is in talks with United Arab Shipping Company to merge as the container sector…
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Asia
Keppel Offshore and Marine cuts another 2,800 workers
Singapore’s Keppel Offshore & Marine provided a dampener to festivities during Singapore Maritime Week with the revelation that the company…
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Dry Cargo
Scorpio Bulkers cancels kamsarmax newbuild contract
Monaco-based Scorpio Bulkers said today that it has cancelled a shipbuilding contract for a single kamsarmax bulker that was scheduled…
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