April 2nd, 20200US offshore vessel owner Hornbeck Offshore Services has revealed in an SEC filing that it is headed for a prepackaged chapter 11 after defaulting on its payment...
April 1st, 20200Digital chart agent and ECDIS manufacturer ChartWorld, has announced the acquisition of Canada's Maritime Services to strengthen its network in North...
March 31st, 20200Container ports across the world aside from China are set to face imminent congestion as a swathe of boxes sent for shipment from factories in Asia arrive at their...
March 31st, 20200Houston-headquartered McDermott International has been awarded a contract by BHP in Mexico to provide pre-front-end engineering design (pre-FEED) services for a floating...
March 31st, 20200Overseas Shipholding Group (OSG) has closed on a $33.15m loan, led by Wintrust Commercial Finance (WCF), to finance a newbuild 204,000 barrel US-flagged oil and chemical...
March 30th, 20200Teekay Corporation has entered into a new bareboat charter contract with Foinaven operator Britoil, a subsidiary of BP, for the FPSO unit for a period of up to 10...
March 26th, 20200Norwegian roro shipowner Wallenius Wilhelmsen has announced that it has started temporary layoffs of about 2,500 production workers in the United States and...
March 26th, 20200December saw tanker commercial management firm Concord Maritime, launched in April 2018 by Ben Ognibene, move into shipowning with the acquisition of 2007-built Samsung...
March 26th, 20200The Panama Canal Authority has announced that it has adopted new measures to guarantee operations and prevent the further spread of the virus after Panama ordered a...
March 25th, 20200Three American lines are seeking an emergency tie-up to cope with the supply chain fallout brought about by the spread of coronavirus. Crowley Liner Services, King...
March 24th, 20200Singapore-based Unix Line, the primary shipmanagement arm of MOL Chemical Tankers, was fined $1.65m and placed on four years probation after pleading guilty last month...
March 24th, 20200Brazilian miner Vale has announced its decision to temporarily suspend operations at its Teluk Rubiah Maritime Terminal (TRMT) in Malaysia from March 24 until at least...
March 24th, 20200Teekay Offshore Partners has announced that it has changed its name to Altera Infrastructure as part of its global group rebranding initiative. “In support of our...
March 23rd, 20200The Brazilian Navy reported over the weekend that the very large ore carrier (VLOC), which has been stranded for almost a month off the coast of Maranhão, has suffered...
March 23rd, 20200Houston-headquartered Seacor Marine Holdings has acquired the remaining 28% stake in liftboat company Falcon Global Holdings from Montco Offshore. The deal...
March 20th, 20200Timbues, a major town for agricultural exports in Argentina, has announced a decision to temporarily shut down ports and mills as coronavirus continues to spread in the...
March 20th, 20200The Port of Houston has reopened the Bayport and Barbours Cut container terminals, which were shut down after a worker there tested positive for coronavirus. The port...
