Americas
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Vale sells VLOC pair to Bank of Communications Finance Leasing
Brazilian miner Vale has sold two 400,000 dwt very large ore carriers (VLOCs) to nominees of China’s Bank of Communications…
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US Navy issues tender to haul damaged destroyer back home
The US Navy has posted a potentially lucrative tender, seeking a private contractor to take its damaged destroyer, USS Fitzgerald,…
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Atwood Oceanics drillship lands more work offshore Africa with Kosmos
Houston-headquartered Atwood Oceanics was been awarded a contract by Kosmos Energy Ventures for 2014-built drillship . The contract is for…
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Lawsuit against Petronas LNG plant in Canada continues despite cancellation
Even though Petronas last month cancelled its planned liquefied natural gas (LNG) export facility in British Columbia, groups opposed to…
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Warehouse company brings complaint of bias against Port Authority of NY/NJ
Port Elizabeth Terminal & Warehouse Corp (PETWC) in New Jersey has issued a formal complaint to the Federal Maritime Commission…
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Panama government approves new toll structure for canal
The government of Panama has given the green light to a modified toll structure for the Panama Canal, the first…
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Rosneft loans PDVSA $1.02bn and pledges to continue Venezuela investments
Russian oil giant Rosneft has given Venezuela’s beleaguered state oil firm Petroleos de Venezuela SA (PDVSA) a $1.02bn advance payment,…
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BOEM says sesimic surveys in Gulf of Mexico potentially harmful to marine wildlife
The US Bureau of Ocean Energy Management (BOEM) has issued a final environmental impact statement (PEIS) for proposed geological and…
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Port of Oakland refinances $324m of debt with bond sale
The Port of Oakland on Monday announced it has sold a significant quantity of bonds to lower debt costs. In…
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Solvent leak at Long Beach injures 13
Twelve dockworkers and a firefighter sustained minor injuries after a containership leaked a hazardous material in the Port of Long…
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Mitsui & Co looks to invest in Nicaragua ports infrastructure
Japanese trading giant Mitsui & Co is looking into possible investment in several ports in Nicaragua. Talks between Mitsui, represented…
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New heads of NTSB and MARAD confirmed by US Senate committee
The US Senate Committee on Commerce, Science and Transportation has confirmed the heads of two bodies with significant impact on…
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ILWU members ratify extension of labour contract for west coast ports
The International Longshore and Warehouse Union (ILWU), which covers 29 major seaports on the US west coast, has officially voted…
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Petronas awarded share of shallow-water block in Gulf of Mexico
A week after one of its subsidiaries cancelled plans for a multibillion-dollar liquefaction plant in British Columbia, Malaysian energy giant…
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Misfortune strikes two Maersk ships in Brazil
Two Maersk-operated containerships in Brazil have been involved in serious incidents. In the worst instance, 2009-built collided with a tug…
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Al Stanley steps down from Intermarine
Al Stanley has stepped down as president and CEO of American breakbulk operator Intermarine to pursue other opportunities. “I have…
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Pemex says gradual reopening of fire-damaged Salina Cruz refinery is under way
Mexico’s state oil firm has announced it is beginning to reopen its Salina Cruz refinery which was shut down because…
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JP Morgan acquires panamax bulker from United Ocean
JP Morgan Global Maritime continues its secondhand bulker buying spree, acquiring 82,000dwt bulker from United Ocean Group. According to broking…
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Pacific Drilling CEO steps down
Texas-headquartered offshore driller Pacific Drilling has announced that Christian Beckett has stepped down from his position of CEO. Beckett, who…
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Arbitration panel rejects $193m claim for Panama Canal expansion project
The head of the Panama Canal Authority (ACP) on Monday said an international arbiter has ruled in favour of the…
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