Americas
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US crude oil exports now more important to shipping than US product exports
The United States government lifted its restrictive policy on crude oil exports in December 2015. In September and October 2017,…
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Pemex blames oil prices and competition for cancelled deepwater auction
Mexico’s state oil firm Pemex on Monday said last week’s cancellation of a planned tender for a joint venture in…
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US poised to open up Atlantic waters for drilling
US authorities are on the verge of announcing a plan to open up Atlantic waters to oil drilling, according to…
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Teekay LNG seals long-term debt facility for its share of six Yamal newbuilds
Hamilton, Bermuda-headquartered Teekay LNG Partners on Monday sealed an $816m long-term debt facility so it can finance its share of…
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NTSB meets to determine cause of El Faro tragedy
The US National Transportation Safety Board (NTSB) is set to meet today to determine the cause of the sinking of…
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Transocean faces potential liquidity issues as lawsuit is filed against subsidiary
A lawsuit has been filed against an indirect subsidiary of Transocean which could affect its ability to draw on a…
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CMA CGM completes acquisition of Mercosul Line from Maersk
French container shipping company CMA CGM on Friday completed the purchase of Mercosul Line, a Brazilian container line that was…
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Mexico’s oil regulator calls off JV deepwater tender for lack of takers
A planned tender for a joint venture (JV) deep-water oil prospect in the Gulf of Mexico was cancelled on Thursday…
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Excelerate Energy buys out Exmar stake in four FSRUs
Excelerate Energy and Exmar have announced that Excelerate will acquire the 50% stake held by Exmar in four FSRU owning…
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BSEE issues warning after death on drillship in Gulf of Mexico
The weekend’s fatal accident on a Petrobras-operated drillship in the Gulf of Mexico has led the US Bureau of Safety…
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Crowley Maritime announces restructuring of its business
Jacksonville, Florida-based Crowley Maritime on Wednesday announced a big restructuring of its business so it can focus more on government-related…
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US east coast labour talks break down over automation in ports
Contract talks between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) broke down on Wednesday over…
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NLRB backs union claim against Pasha Hawaii over document disclosure
The US National Labour Relations Board (NLRB) has upheld a complaint against Pasha Hawaii shipping line and some subsidiaries over…
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Latin America now Maersk Line’s single largest tradelane
Latin American related trades will now become Maersk Line’s single largest tradelane, based on capacity deployed, following the completion last…
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Boskalis and DEME win major South American dredging contract
Royal Boskalis Westminster and DEMA have landed a 5-year contract by Comision Administradora del Rio de la Plata (CARP) for…
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Worker dies on Petrobras drillship in US Gulf of Mexico
Brazil’s state oil firm Petrobras revealed on Tuesday that a worker on one of their drillships in the US Gulf…
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DP World buys final two-thirds stake of Embraport terminal in Brazil
Dubai-based ports operator DP World on Monday completed the full acquisition of Brazilian terminal Empresa Brasileira de Terminais Portuarios (Embraport)…
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Norden opens in Vancouver
Danish owner Norden is expanding its reach with the opening of a new office in Vancouver, Canada. Norden says it…
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USCG safely airlifts ill crewman from bulker off Pacific Northwest
A US Coast Guard (USCG) helicopter team successfully airlifted an ailing crewman from a bulk carrier more than 200 miles…
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JP Morgan takes another SwissMarine cape
A couple of months after SwissMarine started marketing the 193,400 dwt Choully (built 2016) and its sistership Chancy (built 2015),…
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