-
Asia
Yinson sells its non-oil and gas subsidiaries to Liannex at a snip
Malaysian offshore service provider Yinson Holdings has completed the sale of its non-oil and gas subsidiaries to Singapore’s Liannex Corporation…
Read More » -
Europe
Viking Supply still negotiating with bondholders
Viking Supply Ships is still locked in negotiations with an ‘ad hoc’ committee of bondholders regarding proposed amendments to the agreement for its…
Read More » -
Europe
Lamprell delays delivery of jack-up rig due to technical fault
Lamprell has delayed delivery of a jack-up drilling rig to an unnamed client because of a technical fault found in…
Read More » -
Africa
Piracy at lowest level since 1995, but West Africa kidnappings still rampant
Piracy and armed robbery worldwide has fallen to its lowest level since 1995, according to new figures from the International…
Read More » -
Europe
Golar and Schlumberger formalise OneLNG joint venture
Golar LNG and Schlumberger have formalised their cooperation in ‘low-cost’ LNG production by forming a joint venture (JV) called OneLNG,…
Read More » -
Asia
Technics Oil & Gas placed under judicial management
The Singapore High Court has approved Technics Oil & Gas’ application to place itself and its subsidiary Technics Offshore Engineering…
Read More » -
Europe
Solstad fixes CSV to support cable laying project
Norway’s Solstad Offshore has fixed its construction support vessel (CSV) (9,778 dwt, built 2010) to Prysmian Powerlink on a one-year…
Read More » -
Dry Cargo
Shipbrokers follow traders to new instant messaging platform
Just over two weeks remain until major oil traders will cease using Yahoo Instant Messenger for good. Shipbrokers are following them to…
Read More » -
Americas
Algoma wins fourth arbitration claim against Mingde
Canada’s Algoma Central Corp has been awarded its claim for the fourth and final shipbuilding contract it has been disputing with Nantong Mingde Heavy Industries…
Read More » -
Asia
Golden Close drillship begins contract with Odfjell in Malaysia
Odfjell Drilling has commenced drilling a well in an undisclosed location in offshore Malaysia for Petronas Carigali, using Golden Close…
Read More » -
Greater China
Hong Kong container terminals renew plea for more land
The Hong Kong Container Terminal Operators Association (HKCTOA) has renewed its plea for more land and barge berths at the…
Read More » -
Asia
Keppel to build dredgers for Jan De Nul
Singapore-based shipyard Keppel Singmarine has won a S$100m ($73.6m) contract to build three trailing suction hopper dredger vessels (TSHD) for…
Read More » -
Asia
Navig8 gets $66m loan for new product tankers
Navig8 Product Tankers has agreed a $66m senior secured credit facility with ABN AMRO Bank in Singapore for post-delivery financing…
Read More » -
Europe
Havila and DeepOcean agree rate cut for subsea vessel
Havila Shipping and DeepOcean have negotiated a lower day rate for the subsea support vessel Havila Phoenix (built 2009), which…
Read More » -
Americas
Paragon Offshore wins new work, stacks another two vessels
Paragon Offshore has won new term employment for two of its drilling rigs, but contract terminations by Petrobras have forced…
Read More » -
Americas
Safe Bulkers tweaks loan from Danish Ship Finance
Safe Bulkers amended the terms of its loan with Danmarks Skibskredit (Danish Ship Finance), under which $40m is still outstanding.…
Read More » -
Asia
CMA CGM completes acquisition of NOL
CMA CGM’s voluntary unconditional general offer to buy Neptune Orient Lines (NOL) has closed today. The French carrier now owns…
Read More » -
Asia
HMM negotiates 20% rate cut with Capital Product Partners
HMM has negotiated a 20% cut in rates for five containerships it has on charter from Capital Product Partners as…
Read More » -
Asia
Vessel impounded for smuggling arms sinks in the Philippines
A vessel confiscated in 2009 by the Philippines’ Bureau of Customs for arms smuggling has sunk in Manila Bay due to…
Read More » -
Europe
Statoil extends charter of Solstad AHTS vessel
Statoil has extended its charter of a Solstad Offshore anchor handling tug support (AHTS) vessel by a further year from…
Read More »