Americas
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Ken Bloch Soerensen steps down at Algoma
Canadian dry bulk operator Algoma Central Corporation has announced that Ken Bloch Soerensen has resigned as president and CEO to spend…
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Sanctions on Venezuela create tanker snarl-up
Reuters is reporting that sanctions on Venezuela are creating a sizeable tanker traffic jam off the US Gulf coast. More…
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Praestensgaard appointed NYSHEX chairman
Jesper Praestensgaard has been appointed chairman of the New York Shipping Exchange (NSHEX) in a series of changes to the…
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TechnipFMC awarded Mero 1 contract by Petrobras
Offshore services firm TechnipFMC has been awarded a large engineering, procurement, construction and installation (EPCI) contract by Petrobras, on behalf…
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Vale’s production cuts labelled a black swan moment for dry bulk shipping as BDI is chopped in half this year
Brazilian miner Vale declared force majeure yesterday on some iron ore contracts after a court-ordered halt to a mine following…
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Collapsed crane removed from Evergreen boxship
A crane that collapsed on an Evergreen boxship at the port of Vancouver has now been removed and the vessel…
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Port of Savannah outlines 2024 expansion plans
Georgia Ports Authority will upgrade the Port of Savannah so that the east coast facility can simultaneously handle six 14,000…
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McDermott awarded floating production unit contract for Scarborough field
Houston-based offshore services firm McDermott International has been awarded a contract with Australia’s Woodside Energy for the front-end engineering and…
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Qatar Petroleum and ExxonMobil proceed with Golden Pass LNG export project
Qatar Petroleum and ExxonMobil have agreed to proceed with a $10bn LNG export project at Golden Pass. Located near the…
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Shell Offshore to pay $2.2m fine for 2016 Green Canyon spill
Shell Offshore, a subsidiary of Royal Dutch Shell, has agreed to pay a $2.2 million civil fine to settle charges…
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Samsung Heavy terminates three Delos VLEC contracts
South Korean yard Samsung Heavy Industries has announced the termination of shipbuilding contracts with a North American owner for three…
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Rowan awarded jackup contract by Lundin
Rowan Companies has announced that its jackup rig has been awarded a seven-well program by Lundin Norway. The contract is…
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Floating cranes deployed to clear up accident at Vancouver port
Two floating cranes are being deployed at the Port of Vancouver to try and move a crane that collapsed on…
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Ensco and Rowan combination moves a step closer
Offshore driller Ensco has entered into an amendment to the transaction agreement with Rowan Companies which will see the companies…
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Evergreen boxship smashed by falling crane in Vancouver
Canadian investigators are on the scene looking into yet another crane collapse. Early Monday morning, the lifting boom of a…
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McDermott awarded subsea tieback contract for Stonefly Development
US offshore services firm McDermott International has been awarded a contract by LLOG Exploration Company for deepwater subsea pipeline tiebacks…
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Green Shipping Line partners with Kongstein in offshore wind
US company Green Shipping Line has signed a memorandum of understanding with Norwegian marine services provider Kongstein to provide a…
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Cerberus and Centerbridge make joint bid to buy 49% of NordLB
Two American investors have made a joint bid to take a minority stake in Germany’s NordLB, a big name in…
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McDermott awarded EPC contract by BP Trinidad & Tobago
Houston-based offshore services giant McDermott International has been awarded a contract by BP Trinidad & Tobago for the engineering, procurement…
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An ultramax in and two supramaxes out at Eagle Bulk
US dry bulk owner Eagle Bulk Shipping has confirmed the acquisition of a 2015-built ultramax bulker for $20.4m in a…
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