Americas
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Canadian government under pressure to address crew change stance
The Canadian government is refusing to address glaring holes in how it handles crew changes. A letter from 12 trade…
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Seacor Marine sells Windcat Workboats to CMB
US offshore vessel operator Seacor Marine Holdings has entered into an agreement to sell Windcat Workboats Holdings and its crew transfer…
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Regulators scrutinise box shortages as container manufacturers ramp up production
Federal Maritime Commissioners Carl Bentzel and Daniel Maffei have sent a letter to John Butler, the president and CEO of…
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Scorpio sells another bulker, Thoresen and Eagle Bulk revealed as ultramax buyers
Monaco’s Scorpio Bulkers has announced the sale of 2015-built ultramax for around $16.5m. Delivery is schedule for the first quarter…
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Dominion Energy orders wind turbine installation vessel at Keppel
US-based Dominion Energy has placed an order at Singapore’s Keppel Offshore & Marine for the construction of a wind turbine…
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Solstad awarded PSV contract under new frame agreement with ExxonMobil in Brazil
Norway’s Solstad Offshore has entered into a frame agreement with ExxonMobil Exploração Brasil for the provision of supply vessel services…
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Vale ends the era of converted VLOCs
Brazilian miner Vale will no longer use VLOC bulkers converted from single hull VLCCs. Earlier this week, the last converted…
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Algoma Central secures refinancing
Canadian Great Lakes operator Algoma Central Corporation has completed a refinancing of its senior secured credit facilities that were due…
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McDermott awarded FEED extension for semi-submersible FPU
McDermott International has been awarded a contract by BHP to perform the preliminary front-end engineering design (pre-FEED) extension phase for…
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Julian Proctor helps mastermind $2.1bn clean newbuild fundraising
EnTrust Global has pulled off a stunning $2.1bn raise for its Blue Ocean Funds with a well known name in…
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DOF awarded new long-term AHTS contract in Brazil
Norway’s DOF Group has been awarded a new contract in Brazil with Petrobras. Brazilian flagged 2007-built anchor handling tug supply…
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Standards being developed for methanol-powered tankers
A coalition of Hyundai Mipo Dockyard, MAN Energy Solutions and the Methanol Institute have commenced a project that will enable…
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Seacor Holdings sold to private equity for $1bn
Wall Street is losing another name in shipping. US transport and logistics firm Seacor Holdings has entered into a definitive…
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Ørsted sells 25% of Ocean Wind project to New Jersey’s PSEG
Danish renewable energy giant Ørsted has entered into an agreement to sell a 25% ownership interest in its Ocean Wind…
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Chevron follows Exxon in slashing capital spending
Covid-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer. Yesterday American energy major Chevron announced…
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American firm details plans for a Jones Act compliant offshore wind subsea rock installation vessel
NASDAQ-listed Great Lakes Dredge & Dock Corporation (GLDD) is moving forward with the design and development of the first US-flagged…
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Equinor eyes offshore wind expansion in Brazil
Norway’s Equinor is looking at opportunities in the offshore wind sector in Brazil, the company’s chief executive Anders Opedal said…
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Electromagnetic Geoservices awarded survey in Gulf of Mexico
Norwegian seismic specialist Electromagnetic Geoservices (EMGS) has received a letter of award for a 3D CSEM and magnetotelluric multi-client survey…
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PCL fined $12m in US pollution case
Singapore-based Pacific Carriers Limited (PCL), controlled by tycoon Robert Kuok, was sentenced in a US federal court after pleading guilty…
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Seadrill Partners files for chapter 11
Seadrill Partners, the limited liability company formed by John Fredriksen’s Seadrill Limited has filed for chapter 11 after negotiations with…
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