Americas
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Leading roro car carriers face new class action over collusion
Some of the world’s leading car shipping firms face the prospect of more court appearances after a class action was…
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ACP defers latest Panama Canal draft restriction
Recent draft restrictions for vessels transiting the Panama Canal, which were scheduled to begin on May 9, have been pushed…
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FMC to work with private sector to solve port congestion problems
In a bid to ease congestion problems at US seaports over the long term the Federal Maritime Commission (FMC) has…
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Petrobras selling $1.4bn of assets in Argentina and Chile
Petrobras, Brazil’s deeply troubled state-run oil firm, has announced the sale of some of its vast assets in fellow South…
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Baker Hughes plans to cut $500m in costs after cancellation of Halliburton merger
Even though Sunday’s cancelling of its planned merger saw it net $3.5bn in termination fees from Halliburton, Baker Hughes announced…
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Hess joins Kosmos and Chevron in offshore Suriname development
Dallas-based Kosmos Energy announced on Tuesday it is giving up part of its interest in an offshore Suriname development to…
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BP gives up its resistance to paying Deepwater Horizon damages to seafood industry
BP on Tuesday yielded in its almost two-year-long resistance to paying damages to US Gulf Coast seafood industry stakeholders. The…
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Palermo Tanks terminal up and running in Colombia
The first phase of the Palermo Tanks terminal project in the port of Barranquilla, Colombia has been completed and is…
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Hercules Offshore extends forbearance putting newbuild jackup in jeopardy
Houston-based offshore drilling company Hercules Offshore has given itself some breathing space as it faces bankruptcy having defaulted on a…
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USCG announces dates for second El Faro hearing
The US Coast Guard (USCG) has set the dates and place for the second round of the Marine Board of…
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US Supreme Court denies BP shareholders class-action request over Deepwater Horizon
The US Supreme Court on Monday denied shareholders of BP a request to revive their class action against the Britain-based…
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New future of maritime firefighting to touch down in Colorado Springs
This week, the world’s biggest and fastest firefighting 747 will have its official homecoming in the US. Global SuperTanker’s Spirit…
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Ultrapetrol negotiating with lenders for extra breathing space
Ultrapetrol is pushing to extend its forebearance period with its lenders again to hold off any enforcement action related to…
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Halliburton and Baker Hughes call off merger
Oilfield services provider Halliburton and smaller rival Baker Hughes announced the termination of their $28bn merger deal on Sunday after…
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TGS outlines next seismic data exploration
TGS has outlined plans to acquire more than 36,000 km of 2D seismic data, in partnership with PGS, utilising two…
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Chevron to lay off 1,000 more workers
Chevron is increasing its planned job cuts to 8,000 as the oil-price slump continues to hurt, according to the Houston…
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Mendes Junior Engenharia barred from government tenders for two years
Brazil’s comptroller general on Thursday barred an engineering company implicated in the Petrobras corruption scandal from seeking government tenders for…
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Entrance to Port of Santos reopens
The entrance to the Port of Santos in Brazil reopened on Thursday after being closed for 30 hours because of…
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Separate mission needed to retrieve VDR from El Faro
The US National Transportation Safety Board (NTSB) announced on Wednesday it will have to set up a new mission to…
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ITF claims new Panama Canal locks are unsafe
The Panama Canal Authority (ACP) has dismissed a critical safety report on its new locks as “inadmissible”, claiming the study…
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