Americas
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AAPA elects new chairman
The American Association of Port Authorities (AAPA), which represents seaports in the Americas, announced it has elected a new chairman…
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Mexico’s regulator says 36 bidders for next offshore oil and gas auction
Mexico’s energy industry regulator the National Hydrocarbons Commission (CNH) has announced that its next round of tenders for offshore oil…
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US spending bill includes funding for ports and MARAD
The $1.3 trillion US government budget just signed into law by President Donald Trump holds some positives for the shipping…
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Total gets green light to drill block in Mexico’s Gulf waters
French supermajor oil company Total has got the go ahead to start drilling deep-water exploration wells in the Gulf of…
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New York dry bulk investment fund launches
Yesterday saw the launch in New York of the first freight futures exchange-traded fund focusing exclusively on dry bulk shipping.…
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Canada looks to delay Finnish proposal to ban dirty fuels in the Arctic
Ottawa is reportedly trying to water down a plan by Finland for an outright ban of heavy fuel oil used by…
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Dorian LPG secures another Japanese sale and leaseback
Gas carrier operator Dorian LPG has entered into a $70m sale and bareboat charter arrangement for 2015-built VLGC . It…
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Ocean Rig pays down debt by $100m
George Economou’s Nasdaq-listed offshore drilling entity Ocean Rig has prepaided $100m of its $450m term loan facility. The payment reduces outstanding…
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Lukewarm bidding response to US’s biggest offshore energy rights auction
The biggest ever lease sale of US offshore acreages for oil and gas development yielded less than record results on…
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Elon Musk plans close encounter with LA shipyard for mission to Mars
Elon Musk is being tipped to take over an old American shipyard and to use the site in California to…
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Mexican presidential candidate moves to stop energy auctions
A leading contender to win July’s presidential election in Mexico has confirmed energy industry fears about his intentions to rein…
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Massachusetts ramps up opposition to planned offshore drilling expansion
The state of Massachusetts is ramping up its opposition to the US federal government’s plan for extensive expansion of offshore…
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Brazil set to add seven more terminal licences in ports privatisation plan
Brazilian authorities are poised to announced the auction of seven additional port terminal licences, according to Reuters citing Brazilian newspaper…
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Seacosco takes over six resale PSVs from Cosco Shipping Heavy Industry
Seacosco Offshore, a joint venture formed by China Cosco Shipping and offshore operator Seacor Marine Holdings, has acquired six resale…
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McDermott and CB&I merger clears Russia antitrust obstacle
Houston-based offshore drilling services firm McDermott International cleared another hurdle on the way towards a potential $6 billion merger with…
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Change of destination for landmark US LNG export shipment
The first LNG cargo to depart from America’s newest LNG export terminal has diverted from its original intended destination in…
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Japan Coast Guard pushes negligent homicide charges over Fitzgerald collision
The Japan Coast Guard has recommended negligent homicide charges for the USS Fitzgerald’s officer of the deck and the second…
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W&T forms JV for multiple drilling projects in the Gulf of Mexico
W&T Offshore, a Houston-based oil and gas E&P company, has announced a deal with a group of investors to form…
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Ecuador opens auction for energy rights including offshore Amistad gas field
Ecuador has launched a bidding round for foreign firms to develop some of its energy reserves including an offshore natural…
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Panama seals deal to push more dry cargo through canal
The Panama Canal Authority (ACP) has signed a Memorandum of Understanding (MOU) with a body representing farmers to help increase…
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