Americas
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K2 Management chosen for Maryland offshore wind project
K2 Management has been appointed owner’s engineer by US Wind on the Maryland Offshore Wind Project off the coast of…
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Brazilian president moves to replace Petrobras CEO
A spat between Brazil’s president Jair Bolsonaro and Petrobras CEO Roberto Castello Branco has resulted in the government moving to…
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LA port boss: ‘We need to catch our breath’
The boss of the sorely congested port of Los Angeles has called for a breather, diverting ships to other destinations…
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Aker Solutions wins Empire Wind FEED contract
Norway’s Aker Solutions has signed a front-end engineering and design (FEED) contract with Empire Offshore Wind for the design and…
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Oaktree buys into Rand Logistics
Private equity firm American Industrial Partners is selling a significant minority stake in Great Lakes shipping firm Rand Logistics to…
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Shearwater GeoServices awarded Santos Basin surveys by Petrobras
Offshore seismic specialist Shearwater GeoServices has been awarded a contract by Petrobras for deepwater ocean bottom node seismic acquisition for…
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Congestion on both coasts of North America
Congestion at ports on both sides of North America remains a severe issue, though the ship queues do look to…
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BOEM halts Gulf of Mexico lease sale
The US Bureau of Ocean Energy Management (BOEM) is rescinding the record of decision for Gulf of Mexico Oil and…
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Wartsila unveils Jones Act hybrid SOV
Finland’s Wartsila has designed the world’s first US-flagged Jones Act compliant hybrid multi-purpose SOV. The design integrates a range of…
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Magseis Fairfield awarded Gulf of Mexico survey
Offshore seismic specialist Magseis Fairfield has been awarded a new deep-water 4D ocean bottom node monitor survey in the US…
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Eagle Bulk continues buying spree with three more supramaxes
US-based dry bulk owner Eagle Bulk has taken its fleet over the 50 mark with the acquisition of three supramaxes.…
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Brazil’s OceanPact completes $227m IPO
Offshore vessel owner OceanPact Serviços Marítimos has raised R$1.22bn ($227.3m) via an IPO on the Brazilian Exchange this week. OceanPact…
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MOL and Bearing expand partnership to develop AI-powered smart routing engine
Japan’s Mitsui O.S.K. Lines (MOL) has announced that it has expanded its collaboration with Silicon Valley-based AI technology startup Bearing to…
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Who is shipping’s next GameStop?
A new report from US equity research firm Evercore ISI highlights the listed shipping companies most at risk from any…
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Seaspan orders pair of 24,000 teu boxships
Seaspan Corporation has announced that it has entered into an agreement with a major shipyard for the construction of two…
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Pangaea expands fleet to 18 with ultramax buy
Nasdaq-listed US dry bulk owner Pangaea Logistics Solutions has added to its fleet with the acquisition of a Japanese ultramax…
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Noble Corporation emerges from chapter 11
Offshore driller Noble Holding Corporation has announced that it has completed its financial restructuring and emerged from chapter 11 with…
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Brazil closes Operation Car Wash investigation
Brazil has officially put an end to Operation Car Wash, one of the largest anti-corruption investigations in history. The operation,…
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New York Shipping Exchange: One winner from the container crunch
One winner from the ongoing container crunch is the New York Shipping Exchange (NYSE), an oasis of relative market calm…
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Californian port congestion spreads north to Oakland
The chronic port congestion in California has spread north. Yesterday, Splash reported on a record-breaking 20 km queue, featuring 41…
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