Americas
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Tote reported to have offered settlements of $500,000 per family of El Faro victims
Tote, owner of the sunken cargo vessel El Faro, has reportedly offered settlement amounts for lost wages of $500,000 each…
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Union seeks talks with Petrobras CEO as strike continues
Brazil’s main oil workers federation of unions, the FUP, is seeking to meet with the CEO of the state-run oil…
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Canada’s new government moves ahead with tanker ban
Canada’s new government is moving ahead with a promised indefinite ban on oil tankers visiting the north coast of British…
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Exploration licences granted for Newfoundland and Nova Scotia waters
Norway’s Statoil, Britain’s BP and BG, and the US’ Chevron and ExxonMobil were all winners when offshore Canada oil exploration…
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New York governor rejects Port Ambrose LNG terminal plans
The governor of New York, Andrew Cuomo, has rejected a proposal to build a liquefied natural gas (LNG) terminal in…
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Mega ship repair yard planned for northeast Brazil
Plans are under way for a huge new ship repair yard to be built near the Port of Cabedelo in…
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NTSB says bridge of sunken El Faro has been found
The US National Transportation Safety Board (NTSB) announced on Thursday that the navigational bridge of the sunken cargo ship El…
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Nordic American Tankers increases shareholding in NAO
Nordic American Tankers (NAT) is to increase its stake in Nordic American Offshore by 6.7% through the acquisition of 1,521,300…
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Sino-Global gets share price warning from NASDAQ
Sino-Global has received a notice of non-compliance from NASDAQ that could threaten the China-backed company’s listing on the stock exchange.…
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Höegh LNG faces investor wrath over incorrect financial statements
News yesterday that Höegh LNG Partners has decided to restate its financial results for the whole of 2013, 2014 and…
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Peru slashes royalties on oil and gas production to boost exploration
Peru is slashing royalties on oil and gas production to incentivize exploration and development of potential fields including several offshore,…
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Paragon given extra breathing space on the Nasdaq
Paragon Shipping has transferred its listing to the Nasdaq Capital Market from the Nasdaq Global Market. Moreover, the company has…
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Panama Canal Authority takes steps to alleviate traffic backlogs
The Panama Canal Authority (ACP) announced on Wednesday measures to counteract a backlog of vessels that has been building up…
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Gener8 Maritime anticipates fixing Chinese financing by year-end
Gener8 Maritime anticipates tying up Chinese funding for six newbuilds by the end of the year. The tanker operator has…
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Paragon Offshore delays jackup rig delivery at Waigaoqiao
Paragon Offshore has announced that a wholly-owned subsidiary of the company has signed an agreement with Shanghai Waigaoqiao Shipbuilding to…
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DSD Shipping found guilty of dumping waste in the Gulf of Mexico
Norwegian shipping line DSD Shipping – full name Det Stavangerske Dampskibsselskab AS – and three of the company’s employees were…
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Second worker death at Cheniere’s under-construction Sabine Pass LNG terminal
A worker has died at Cheniere Energy’s under-construction Sabine Pass LNG (liquefied natural gas) terminal in Cameron Parish, Louisiana. Local…
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Petrobras bosses call off strike talks with union
Petrobras management cancelled talks with the oilworkers union FUP, according to Reuters. The talks were supposed to happen on Tuesday.…
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Noble Energy extends drillship contract with Atwood Oceanics
Houston-headquartered Atwood Oceanics has been awarded a contract extension, at an adjusted rate, from Noble Energy for drillship . The…
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Exxon Mobil and Total team up to drill offshore Uruguay
Uruguay’s state oil firm ANCAP (Administración Nacional de Combustibles, Alcoholes y Portland) announced on Monday that Exxon Mobil of the…
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