Americas
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Class action suits launched against Aegean Marine Petroleum Network
Having announced a $200m hole in its finances last week, New York-listed Aegean Marine Petroleum Network now faces at multiple…
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Oil spill off Louisiana as vessel hits production platform
An oil spill occurred off Louisiana after a 61-foot motor vessel hit the Breton Sound 18 production platform, causing the…
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Rowan wins drillship contract from Exxon
Houston-based international offshore driller Rowan Companies announced it has been awarded by ExxonMobil a contract for a drillship in the…
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All eyes on Vale
The Brazilian miner has laid out some very robust iron ore production targets, writes Jeffrey Landsberg from Commodore Research. As…
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Exxon buys half of Equinor’s stake in a Carcara field block
US supermajor ExxonMobil has bought half of Norwegian firm Equinor’s stake in the BM-S-8 oil block offshore Brazil, completing a…
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NovaAlgoma Cement Carriers buys into JT Cement
NovaAlgoma Cement Carriers (NACC), a 50/50 joint venture company between Algoma Central Corporation and Nova Marine, has acquired a 25%…
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Guggenheim Capital doubles down at DSME with VLCC brace
In the tanker sector, Guggenheim Capital has doubled its orderbook at Daewoo Shipbuilding & Marine Engineering (DSME) by declaring options…
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GoodBulk files for US IPO
John Michael Radziwill’s GoodBulk has finally pushed the go button on a long-awaited listing by filing a registration statement with…
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Petrobras CEO resigns
Pedro Parente, chief executive of Brazil’s state oil firm Petrobras, resigned from the post unexpectedly on Friday, according to Reuters.…
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Seaspan chairman slams Wang and Porter for failing to grab boxship bargains
Gerry Wang and Graham Porter stand accused of failing to snap up containership bargains while at the helm of Seaspan,…
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SolstadFarstad lands new Petrobras contracts
Norwegian offshore vessel owner SolstadFarstad has won a new contract and extended two others with Brazil’s Petrobras. The new contract…
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Golar LNG and Schlumberger to shut down OneLNG
Golar LNG and Schlumberger are shutting down upstream joint venture OneLNG following Schlumberger’s decision to withdraw from the Fortuna development…
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Seacor Holdings acquires remaining stake of Cleancor
Seacor Holdings has announced that it has acquired the remaining 50% ownership interest in Cleancor Energy Solutions, an alternative energy…
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Sino-Global Shipping America secures Sichuan Changjiang contract
Nasdaq-listed Sino-Global Shipping America, a Chinese-backed global logistics and ship management services company, has entered into a strategic agreement with…
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Shell starts production from Kaikias Field in Gulf of Mexico
Shell on Thursday announced it is beginning production at the Kaikias Field in the US Gulf of Mexico about a…
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BW LPG moves to acquire Dorian LPG
US-headquartered liquefied petroleum gas company Dorian LPG is subject to a $1.1bn buyout offer from Singapore’s BW LPG. BW LPG…
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McDermott awarded Vietnam contract
Offshore engineering specialist McDermott International has been awarded a transportation and installation subcontract by PetroVietnam Technical Services Corporation (PTSC) for…
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‘Houston, we have a bunker problem’: VPS
Netherlands-based fuel management company Veritas Petroleum Services (VPS) is warning that at least 30 vessels using fuel oil that was…
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Canadian authorities to buy Kinder Morgan pipeline, increased tanker shipments likely
Canada’s federal government has announced it will buy the Trans Mountain oil pipeline from Houston-based energy infrastructure firm Kinder Morgan…
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DP World completes $316m deal to acquire Peru’s CAM
DP World, the Dubai-based global terminal operator, has closed its acquisition of Peruvian container and logistics giant Cosmos Agencia Maritima…
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