Americas
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TPM cancelled hours before it was meant to open its doors in Long Beach
TPM, container shipping’s largest event, was cancelled over the weekend, less than 24 hours before it was scheduled to open…
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Dark patches around grounded Polaris VLOC spark fears of bunker spill
Aerial images recorded by the Brazilian Navy yesterday show a series of dark spots around the , a fully laden…
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Breakwave Advisors: Profiting from the coronavirus
One man who has profited tidily from the turmoil seen in the dry bulk markets this year is John Kartsonas,…
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Constellation Oil Services secures financing for semi-submersible rig
Brazilian drilling contractor Constellation Oil Services has reached a preliminary agreement for $35m of third-party financing to fund capital expenditures…
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Polaris Shipping VLOC runs aground off Brazil
2016-built VLOC , owned by South Korea’s Polaris Shipping, has run aground off the Brazilian coast after leaving Vale’s Ponta…
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Seacor subsidiary bolsters crisis comms footprint
Two maritime PR/crisis communications firms have been bought out by Witt O’Brien’s, an emergency management subsidiary of New York-listed Seacor…
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Seaspan passes 1m teu capacity with acquisition of four secondhand boxships
NYSE-listed containership operator Seaspan Corporation has sealed a deal to acquire four secondhand 12,000 teu containerships for around $367m in…
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Genco Shipping & Trading to slash handy bulker fleet
US dry bulk operator Genco Shipping & Trading has announced a plan to sell more vessels as part of its…
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ACT/MERC: The potential of clean hulls
Dr Mario Tamburri, director of ACT/MERC, argues that a huge win-win for both commercial shipping and the environment can be…
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Ex-Sembcorp Marine consultant gets 19-year jail sentence in Brazil
Singapore’s Sembcorp Marine has announced that a federal court in Brazil has sentenced Guilherme Esteves de Jesus, a former advisor…
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Ultramar sells three in three months
Chile’s Ultramar Group is busy in the sales and purchase market. This week sources tell Splash that one of its…
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Maersk makes $545m American warehousing move
A.P. Moller – Maersk is making good on its intentions to bolster its warehousing capabilities, announcing yesterday a $545m acquisition…
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Excelerate Energy to manage its entire fleet in-house
Excelerate Technical Management, a wholly-owned subsidiary of Excelerate Energy, has been given the relevant compliance approvals to operate as a…
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Noble Corporation shuffles management
Offshore drilling contractor Noble Corporation has announced that it is implementing a leadership transition plan. Under the plan, Julie Robertson…
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Pipeline protests cripple rail and port operations across Canada
Supply chains are coming under huge pressure in Canada after close to three weeks of demonstrations led by a local…
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Trump adds to growing concern about GPS interference
Donald Trump has this week directed the Department of Homeland Security, the Pentagon, and the Commerce Department to minimise the…
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ICS hits out at Panama Canal price hikes
International Chamber of Shipping (ICS) has warned owners that ships passing through the Panama Canal may face more than 30%…
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PSA Marine buys Peruvian towage firm
Singapore’s PSA Marine has bought Peru’s Tramarsa Flota from Grupo Romero. Tramarsa Flota is a port services company involved in towage,…
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Noble Corporation signs new drilling agreement with ExxonMobil for Guyana-Suriname Basin
London-headquartered offshore driller Noble Corporation has signed an agreement with ExxonMobil for drilling services in the Guyana-Suriname Basin. The agreement…
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Pacific Drilling to appeal $320m arbitration award
Offshore driller Pacific Drilling have filed an application with the High Court in London to appeal the award that has…
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