Americas
-
Premier and Rockhopper cancel Falklands contract with Ocean Rig
Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, on Thursday cancelled…
Read More » -
Lockton takes over Italian P&I broker specialist PL Ferrari
US-headquartered Lockton, the world’s largest privately owned global insurance broker, has officially announced the takeover of PL Ferrari & Co,…
Read More » -
Blackstone forms PE platform to take advantage of offshore crisis
Investment firm Blackstone has announced the formation of Clarion Offshore Partners, a platform to provide strategic solutions to the offshore…
Read More » -
US ports ill-prepared for new container weighing requirements
Fitch Ratings, one of the big three statistical ratings agencies in the US, said on Thursday that US ports are…
Read More » -
New search for El Faro’s VDR will start in April
The US National Transportation Board (NTSB) announced on Thursday it will make another attempt to find the Voyage Data Recorder…
Read More » -
Ultrapetrol bondholders agree to extend forbearance period
Ultrapetrol has won approval from bondholders to hold off enforcement action related to its 8.875% first preferred ship mortgage notes…
Read More » -
Hercules Offshore to explore ‘strategic alternatives’
NASDAQ-listed drilling contractor Hercules Offshore, having emerged from Chapter 11 bankruptcy in November, has announced the formation of a special committee…
Read More » -
Offshore Group Investment Limited completes restructuring, changes name
Offshore Group Investment Limited (OGIL) has completed its prepackaged Chapter 11 restructuring in the US and will change its name…
Read More » -
Coalition formed to sue Petrobras on behalf of Europe-based investors over corruption scandal
Brazil’s troubled state oil firm Petrobras faces possible new legal challenges from a coalition of groups representing international investors based…
Read More » -
Pemex’s new CEO says job cuts are not inevitable
The newly installed CEO of Mexico’s state oil firm Pemex has said that while restructuring of the struggling entity is…
Read More » -
Port worker killed in Florida
A worker at Port Everglades was killed late yesterday afternoon when he was struck down by a tractor-trailer as he…
Read More » -
Port Metro Vancouver officials dismiss ‘oil spill’ photo
Fears of an oil spill in Vancouver Harbour have been dismissed despite photos that appeared on Facebook suggesting something irregular…
Read More » -
US offshore regulatory bodies in line for budget hikes in 2017
The bodies charged with regulating offshore oil and gas exploration and extraction in the US stand to be better funded…
Read More » -
US Department of Justice probes SBM Offshore bribery claims
SBM Offshore has revealed US authorities have reopened an inquiry into bribery allegations involving the Dutch company. SBM paid out…
Read More » -
Golar LNG Partners buys FSRU from Golar, secures $800m loan
Golar LNG Partners is to acquire the Golar Tundra floating storage and regasification unit (FSRU) from the vessel’s current operator…
Read More » -
Ardmore secures $64m loan to support growth
NYSE-listed Ardmore Shipping has agreed a $64m senior secured term loan with Credit Agricole Corporate and Investment Bank to help…
Read More » -
Intelsat: Ship-to-shore data traffic could increase by 60% in coming 3 years
McLean: Demand for broadband connectivity at sea has never been greater with shipping companies using broadband access to improve day-to-day…
Read More » -
ConocoPhillips gets approval to export LNG from Alaska terminal
US authorities on Tuesday approved Houston-based ConocoPhillips to export liquefied natural gas (LNG) once again from its Kenai terminal in…
Read More » -
Husky Energy slashes more jobs in response to oil price slump
Canada’s Husky Energy announced on Tuesday it has eliminated an unspecified number jobs in a new round of cutbacks as…
Read More » -
Amazon applies for broker status with the Shanghai Shipping Exchange
Further signs are emerging that American online retail giant Amazon is gearing up to become a fully fledged transport operator…
Read More »