Americas
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Economou claims Ocean Rig restructuring will ‘safeguard a fair process’
George Economou’s embattled Ocean Rig has engaged Fearnley Securities to solicit support for the scheme of arrangement contemplated by the…
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Edison Chouest and BP sign 30-month deal for services in Gulf of Mexico
Edison Chouest Offshore (ECO), one of the world’s largest offshore support vessel operators, has signed a 30-month alliance agreement with…
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Porter quits Seaspan
Graham Porter has quit Seaspan, the giant containership leasor he founded with Gerry Wang. He will now focus on his…
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US Senators bring bill to revoke drilling bans in Alaskan waters
The two US Senators from Alaska have introduced a bill that would undo the indefinite bans on offshore drilling in…
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Petrobras will get credit in revision of 2010 offshore rights deal
Brazil’s energy minister announced on Monday that the country’s oil industry regulator ANP will submit next month the calculations on…
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KBR to be paid $435m in settlement of dispute with Pemex
Houston-based engineering and construction services firm KBR announced on Monday it has settled for almost half a billion dollars a…
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US East Coast Port Gateway Terminal Agreement gets the green light
Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational…
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Maersk to sell Mercosul Line
Maersk Line will divest itself of Mercosul Line, its Brazilian subsidiary, to appease the Brazilian competition authority CADE as it…
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APL debuts Indonesia’s first direct box link to the US
Indonesia has its first direct transpacific box link with the departure today of an APL boxship bound for Los Angeles.…
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Three more ships join search for missing Stellar Daisy
According to the Uruguayan navy, which has been coordinating the search for the missing , the number of vessels scouring…
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OMSA hits back at claims that Jones Act revisions would hurt US economy
The US Offshore Marine Service Association (OMSA) has spoken up in defence of proposed changes to the Jones Act, which…
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President Trump to issue order putting Arctic and Atlantic offshore drilling back in play
US President Donald Trump is getting ready to issue an executive order to undo restrictions on offshore oil and gas…
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Attention turns to Polaris’s 19 converted bulkers
A Korean seafarers union has questioned whether Polaris Shipping’s fleet is fit for purpose and suggested tankers that have been…
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Wood Group wins offshore engineering contract from Karoon
Offshore engineering contractor Wood Group has been awarded a multi-year contract by Brazilian energy company Karoon Petróleo & Gás to…
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Oceaneering wins umbilical contract from Anadarko
Oceaneering International has secured a contract from Anadarko Petroleum Corporation to supply the umbilical for Anadarko’s Constellation subsea tieback in…
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Polaris suffers another VLOC mishap
Splash has learnt that another very large ore carrier (VLOC) belonging to Polaris Shipping has run into difficulty off South…
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JP Morgan grabs five ultramaxes en bloc from Setaf Saget
JP Morgan Global Maritime has taken over five ultramax bulk carriers from French dry bulk shipping operator Setaf Saget. According…
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Proliferation of icebergs in the North Atlantic causes concern
US authorities are warning shipowners to alter course in the North Atlantic due to an unseasonal peak in the number…
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Ocean Rig restructuring plan approved
More than 75% of creditors of George Economou’s Ocean Rig have voted in favour of a restructuring plan put forward…
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Proposed changes to Jones Act could cost thousands of offshore jobs
The American Petroleum Institute (API) has criticized plans to amend some aspects of the Jones Act, saying they could cost…
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