Americas
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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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Cargill has no interest in owning ships
Commodities giant Cargill is looking to exit its brief flirtation with shipowning. Great Wave Navigation, a joint venture between Cargill…
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Seaspan adds 18 boxships with $380m GCI deal
Canada’s Seaspan has acquired the remaining 89% equity interest of Greater China Intermodal Investments (GCI) from affiliates of The Carlyle…
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Petrobras to sell its full stakes in two fields off Brazil’s northeast coast
Petrobras, Brazil’s state oil company, announced it will sell two offshore oil fields, one in production and one not yet…
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European shipowners hit out at Trump’s proposed tariffs
European shipowners have said they disagree with the US President Trump’s decision to impose additional duties on imports of certain…
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‘Normal means nothing is normal. Normal means change’: ABS boss
Christopher Wiernicki, the chairman of American class society ABS, has once again impressed upon the shipping industry the need to…
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McDermott and BHGE win FEED contract for gas project offshore West Africa
US-based energy industry service companies McDermott International and Baker Hughes a GE Company (BHGE) on Monday announced they had won…
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US ports express concern over the effects of steel tariff
Some prominent US ports have registered their concern and disapproval at the planned steel and aluminium tariffs that President Donald…
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Shipping’s digitalisation path must embrace disruption
Mark T. Vassel reports from last week’s Vancouver conference organised by Transas. Shipping lines looking to harness the full power…
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New York state asks for exemption from federal offshore drilling expansion
New York has become the latest state to request an exemption from a planned expansion of federal offshore oil and…
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Harvey Gulf International Marine files for Chapter 11 bankruptcy
New Orleans-based offshore support vessel (OSV) company Harvey Gulf International Marine (HGIM) has filed for Chapter 11 bankruptcy protection in…
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American fund manager focuses on FFAs
American fund manager Breakwave Advisors is launching the first exchange-traded fund (ETF) focused on freight forward agreements (FFAs). The move…
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Wintershall sets sights on Brazil’s offshore licensing rounds
Winterhsall, a subsidiary of German chemicals group BASF, said on Wednesday that it aims to expand into Brazil’s booming offshore…
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US Interior Secretary announces plan to improve offshore inspections
US Secretary of the Interior Ryan Zinke has introduced some initiatives to improve federal offshore oil and gas inspection procedures.…
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Frank Coles savages shipping institutions holding back tech change
Mark T. Vassel reports this week from Transas’s annual global conference in Vancouver. The shipping industry must undergo a wholesale…
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Singapore identifies poor US Navy training in tanker collision report
Singapore authorities have laid the blame on last year’s collision between the USS John S. McCain and the tanker on…
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