Americas
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Portline fined for dumping oily water
Portline Bulk International of Portugal has been fined $1.5m by authorities in the US after crew on one of its…
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McDermott awarded Sepia contract by Petrobras
McDermott International has been awarded a contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines…
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Gas shipping pioneer Kathleen Brenner passes away
One of the best-known women in LNG shipping circles, Kathleen Brenner, has died aged 58, her company revealed on Friday.…
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Port of Oakland eyes dry bulk return
California’s Port of Oakland says that it is nearing a deal which will see the port return to bulk shipping…
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Houston Ship Channel reopens after collision involving K Line VLGC
The Houston Ship Channel reopened to limited traffic on Sunday after a collision on Friday, which resulted in the spilling…
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US detains North Korean bulker
The United States has for the first time seized a North Korean cargo ship, sparking fears of a retaliatory move…
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Chevron to pocket $1bn as it pulls out of race to acquire Anadarko
In a move which has won it much praise, energy giant Chevron has walked away from an agreement to acquire…
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McDermott awarded Umm Shaif FEED contract by ADNOC
Houston-based McDermott International has been awarded a contract by ADNOC to provide FEED services on a design-competition basis for phase…
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Mjølner and MID-SHIP launch new product tanker fund
Commercial manager Mjølner Shipping Holdings and transport investment banking firm MID-SHIP Capital have launched their second fund, the Mjølner Product…
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TechnipFMC awarded Thunder Horse subsea contract by BP
Subsea giant TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by BP for the Thunder Horse…
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Drought forces further draft restrictions on the Panama Canal
The unprecedented drought hitting Panama has forced authorities to make a sixth draft restriction change this year. Effective from May…
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Authorities halt Vale’s operations at Brucutu
Brazilian miner Vale has informed that the Minas Gerais Court of Justice had ruled the company to suspend operations at…
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Pangaea Logistics Solutions books two post-panamax bulkers for Baffinland contract
US bulker owner Pangaea Logistics Solutions has signed shipbuilding contracts with CSSC’s Guangzhou Shipyard International for the construction of two…
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PSA wins two North American east coast concessions
Singapore’s PSA International, one of the world’s largest terminal operators, has won its first concessions on the eastern seaboard of…
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Genco puts seven supramaxes on the market
New York-headquartered dry bulk shipowner Genco Shipping & Trading has placed seven of its supramax bulkers up for sale. Brokers…
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Oceaneering secures rig support contract from Wintershall
Houston-based Oceaneering International has been awarded a drilling and completion support contract for integrated services with Wintershall Norge. The contract…
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Unprecedented drought forces Panama Canal to impose further draft limits
Faced with an enormous drought brought about by El Nino, the Panama Canal Authority imposed yesterday further draft limits for…
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McDermott awarded Amoca EPC contract by ENI Mexico
US offshore engineering firm McDermott International has been awarded a contract by ENI Mexico for engineering, procurement and construction of…
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Teekay sells Teekay Offshore stake to Brookfield
Teekay Corporation has entered into an agreement to sell all of its remaining interests in Teekay Offshore Partners (TOP), including…
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Macquarie pays $1.78bn for OOCL’s Long Beach terminal
Amid a crowded field Cosco has picked a consortium led by Macquarie Infrastructure Partners to buy out a terminal in…
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