Americas
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USCG closes section of Illinois River to all vessels
The US Coast Guard (USCG) closed a section of the Illinois River on Wednesday, a day after taking similar action…
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Rio de Janeiro state imposes new taxes on oil and gas production
Rio de Janeiro state is introducing new taxes on oil and gas production, according to Reuters. The taxes will impact,…
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ConocoPhillips and NuStar claim to be first to export US oil since ban lifted
Two Texas-based companies claim to have beaten to the punch another firm from the Lone Star State in being the…
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Scorpio Bulkers sells its last five capesizes, plans reverse stock split
NYSE-listed Scorpio Bulkers has sold five of its Korean-built capesize bulk carriers for a total of $167m and has announced…
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USCG evacuate possible stroke victim from tanker offshore New Jersey
A man suffering a suspected stroke was medevacked from a tanker off Cape May, New Jersey, the US Coast Guard…
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Petrobras adds fifth FPSO in Lula field
Petrobras has deployed a fifth FPSO at the Lula Field in the Santos Basin, offshore Brazil. Brazil’s state oil company…
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Petrobras sells Gaspetro stake to Mitsui
Brazil’s troubled state oil giant Petrobras has sold off a chunk of its natural gas distribution business, known as Gaspetro,…
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Philly Shipyard secures $150m financing for product tanker quartet
Philly Shipyard, formerly Aker Philadelphia Shipyard, has secured a $150m loan facility from Caterpillar Financial Services Corporation to finance the…
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Traffic hit as USCG closes section of Mississippi River due to floodwaters
The US Coast Guard (USCG) on Tuesday closed a portion of the Upper Mississippi River to all vessel traffic because…
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Explosion on Transmed bulker at Paranagua Port
A kamsarmax bulk carrier owned by Greece’s Transmed Shipping was hit by an explosion in one of its cargo holds…
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Taylor Energy holding public forum on slicks from its 11-year oil leak offshore Louisiana
New Orleans-based oil rig owner Taylor Energy has agreed to hold a public meeting next month in Baton Rouge on…
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Enterprise Products Partners likely to be first firm to export US oil since lifting of ban
Houston, Texas-based midstream company Enterprise Products Partners looks likely to become the first firm to export US oil since the…
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Brazilian shipping and port operator Log-In trying to renegotiate its bank loans
Brazilian cargo ship and port operator Log-In Logistica Intermodal has hired global investment bank Moelis to help with refinancing $475m…
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Karoon Gas contracts Queiroz Galvão semi-submersible for Santos Basin drilling
Karoon Gas Australia has executed final agreements with Brazil’s Grupo Queiroz Galvão to utilise semi-submersible drilling rig for work off…
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Gulf Island Fabrication to acquire LEEVAC Shipyards
Houston-based Gulf Island Fabrication has reached an asset purchase agreement with LEEVAC Shipyards top acquire all of LEEVAC’s assets for…
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Scorpio Tankers timecharters two handys
Scorpio Tankers has timechartered two of its handymax tankers to an unnamed charterer for three years each, and has repurchased…
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California ruling could open door for more port truck drivers to claim employee status
Truck drivers who service California’s seaports could all be eligible to unionize and to receive back payments following a recent…
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Canada’s TSB probes possible grounding of bulker at Squamish
The Transportation Safety Board (TSB) of Canada has announced it is conducting an investigation into whether or not Greig Star…
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Statoil signs up to Schlumberger’s seismic survey of Campeche Basin
Houston-based oilfield services multinational Schlumberger has made a deal whereby Norway’s Statoil has signed up to license a substantial portion…
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Fugro wins $20m contract extension from Pemex
Mexico’s state oil company Pemex has awarded Dutch survey company Fugro a $20m contract extension for work supporting offshore exploration…
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