Americas
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Petrobras launches tender for offshore units
Brazilian national oil and gas group Petrobras has launched new tenders for the charter and construction of a number of…
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McDermott gets $560m cash boost
Houston-based offshore engineering firm McDermott International has secured $560m in new capital. The funds were provided via a series of…
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Pacific Drilling emerges from chapter 11
Offshore driller Pacific Drilling has emerged from chapter 11 having completed a balance-sheet restructuring and the implementation of its plan…
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Petrobras to pay $70m to IESA in arbitration award
Brazilian national oil and gas company Petrobras has announced that an arbitral panel seated in New York has issued an…
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ZIM issues prospectus ahead of New York listing
Israeli carrier ZIM, which has been privately held since 2004, has filed a prospectus ahead of an initial public offering…
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Petrobras offloads Sete stake
Brazil’s Petrobras has finally offloaded its equity interest in Sete Brasil Group having announced it would do so over a…
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Genco offloads seven handies
US-listed Genco Shipping & Trading is offloading seven handysizes, according to VesselsValue’s sales register. UK-based Tufton Oceanic is linked to…
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Eagle Bulk acquires ultramax pair
US shipowner Eagle Bulk Shipping has announced the acquisition of two modern scrubber-fitted ultramax bulk carriers, following the company’s recently-announced…
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Two in, one out at Ridgebury
It’s a case of two in, one out this Christmas for Ridgebury Tankers with multiple broking reports suggesting the Bob…
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PetroRio acquires semi-submersible rig for $1
Brazilian energy firm PetroRio has signed an agreement with Ventura for the 1974-built semi-submersible drilling rig for a nominal price…
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Brazil eases cabotage policy
The government of Brazil has approved a proposal to gradually open up its domestic coastal market to foreign ships as…
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Canadian government under pressure to address crew change stance
The Canadian government is refusing to address glaring holes in how it handles crew changes. A letter from 12 trade…
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Seacor Marine sells Windcat Workboats to CMB
US offshore vessel operator Seacor Marine Holdings has entered into an agreement to sell Windcat Workboats Holdings and its crew transfer…
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Regulators scrutinise box shortages as container manufacturers ramp up production
Federal Maritime Commissioners Carl Bentzel and Daniel Maffei have sent a letter to John Butler, the president and CEO of…
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Scorpio sells another bulker, Thoresen and Eagle Bulk revealed as ultramax buyers
Monaco’s Scorpio Bulkers has announced the sale of 2015-built ultramax for around $16.5m. Delivery is schedule for the first quarter…
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Dominion Energy orders wind turbine installation vessel at Keppel
US-based Dominion Energy has placed an order at Singapore’s Keppel Offshore & Marine for the construction of a wind turbine…
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Solstad awarded PSV contract under new frame agreement with ExxonMobil in Brazil
Norway’s Solstad Offshore has entered into a frame agreement with ExxonMobil Exploração Brasil for the provision of supply vessel services…
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Vale ends the era of converted VLOCs
Brazilian miner Vale will no longer use VLOC bulkers converted from single hull VLCCs. Earlier this week, the last converted…
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Algoma Central secures refinancing
Canadian Great Lakes operator Algoma Central Corporation has completed a refinancing of its senior secured credit facilities that were due…
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McDermott awarded FEED extension for semi-submersible FPU
McDermott International has been awarded a contract by BHP to perform the preliminary front-end engineering design (pre-FEED) extension phase for…
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