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Americas
Teekay Tankers to refinance 36 vessels with new $900m credit facility
Teekay Tankers has secured a new $900 million long-term debt facility to refinance 36 of the company’s existing fleet. The…
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Europe
Dolphin Geophysical files for bankruptcy
Oslo-listed seismic vessel operator Dolphin Group has announced today that it will file for bankruptcy. Dolphin has been in talks…
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Europe
Ocean Installer wins more North Sea work from Statoil
Ocean Installer has signed an amendment to its existing contract with Statoil after securing work for riser replacement operations at…
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Americas
Transpetro terminates two LPG carriers at Vard
Norwegian shipbuilder Vard has been given notifiation from Petrobras Transportes (Transpetro) terminating the contracts of two LPG carriers ordered from…
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Containers
Cosco and China Shipping share prices hammered in early trading
Shares of Cosco and China Shipping businesses have taken a hammering on the stock markets this morning, having resumed trading…
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Americas
Ultrapetrol appoints new chairman
Nasdaq-listed Ultrapetrol has appointed Eduardo Ojea Quintana to the position of chairman of the board, replacing Horacio Reyser who has…
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Asia
AET appoints Rajalingam Subramaniam as new President and CEO
Tanker owner-operator AET, part of Malaysia’s MISC, have appointed Captain Rajalingam Subramaniam as President & CEO. Rajalingam, a hugely respected tanker industry…
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Asia
Icon Offshore wins utility vessel contract
Malaysia’s Icon Offshore has announced has been awarded a contract from an undisclosed oil major for the provision of a…
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Europe
Eidesvik Offshore finds work for three PSVs
Norway’s Eidesvik Offshore has announced contacts for three platform supply vessels. Viking Lady and Viking Athene have been awarded a…
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Europe
Dolphin Geophysical on the brink of insolvency
Oslo-listed seismic vessel operator Dolphin Group has announced today that it may have no choice but to file for insolvency.…
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Europe
Technip denies FMC Technologies merger speculation
French oilfield services company Technip has issued a statement denying a Bloomberg report that it was in talks to merge…
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Asia
Helix Energy the latest to delay delivery from Sembcorp Marine
In another blow for Singapore’s Sembcorp Marine, Helix Energy Solutions Group has announced that it has delayed the delivery of…
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Dry Cargo
Star Bulk offloads four
Nasdaq-listed Greek owner Star Bulk Carriers has announced that it has entered into agreements to sell two capesize and two…
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Asia
Seadrill Partners gets Chevron Thailand tender rigs extension
Seadrill Partners has secured one year contract extensions from Chevron Thailand for the tender rigs T-15 and T-16. The extensions…
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Dry Cargo
Diana Shipping fixes capesize to SwissMarine, pushes back newbuilds
NYSE-listed Diana Shipping has chartered out its 2011-built capesize to Geneva-based operator SwissMarine Services. The time charter contract is for…
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Americas
Maersk containership runs aground at Brazilian port
A Maersk Line containership, the 8,402 teu , ran aground yesterday afternoon while at the port of Santos in Brazil.…
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Asia
SapuraKencana wins contracts worth $72m
Malaysia’s SapuraKencana Petroleum has announced the award of two new contracts and an extension with a combined value of around…
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Europe
ESVAGT to build new vessel for major offshore wind contract
Denmark’s ESVAGT is building a new vessel after winning a 10-year contract to support MHI Vestas Offshore Wind maintaining turbines…
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Asia
CMA CGM takeover bid fails to inspire NOL share price
The price of Neptune Orient Lines (NOL) shares remained unmoved in the first hour of trading today as they returned…
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Asia
CMA CGM takeover of NOL confirmed
CMA CGM has won the race to acquire Singapore line NOL, announcing a $2.4bn general cash offer for the company…
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