Americas
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CMB’s takeover of Euronav hit by investor hurdle in the US
Funds managed by FourWorld Capital Management have filed a complaint in a US District Court regarding Compagnie Maritime Belge’s (CMB)…
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Tobago oil slick spreads more than 800 km west
Heavy fuel bunker oil leaking from a mysterious 48-year-old capsized barge off the coast of Tobago has spread hundreds of…
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BP looking to recover over $530m in damages from McDermott
Energy supermajor BP has started legal action against US subsea and deepwater engineering and construction player McDermott, seeking damages for…
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Noble bags one-well contract for jackup rig
Offshore driller Noble Corporation has been awarded a one-well contract with oil and gas player DNO Norge for the ultra-harsh…
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Helix scores well intervention contract in Nigeria
Houston-based offshore energy services player Helix Energy Solutions has signed a deepwater well intervention contract with Esso Exploration and Production…
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Russia’s Sovcomflot hit by US sanctions
Russia’s Sovcomflot and 14 tankers linked to its operations have found themselves on the US sanctions list as part of…
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Seatrium settles corruption probe in Brazil for $137m
Seatrium has reached in-principle settlement agreements with the Brazilian authorities concerning “Operation Car Wash”, a probe into allegations of bribes…
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Cetus Maritime takes over Chile’s Nachipa Corp
Cetus Maritime, the great consolidator within the fragmented handy bulk space, has struck again. The Hong Kong bulker outfit is…
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Chevron upgrades pair of LNG carriers
Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen…
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Stonepeak splashes $3bn for half of largest US offshore wind project
Investment firm Stonepeak has bought a 50% interest in Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project for…
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Noble sees drillship contract extended in Nigeria
Offshore drilling giant Noble Corporation has secured more work for its drillship offshore Nigeria. The New York and Copenhagen-listed company…
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Teekay Tankers makes move on its final eight leased ships
Teekay Tankers has set to wrap up its vessel buyback programme having agreed to take back eight and final remaining…
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Genco confirms sale of capesize duo
US-listed Genco Shipping & Trading has continued its fleet renewal push and confirmed earlier broker reports about disposing of two…
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Biden to replace Chinese-made cranes at all American ports
Election year in the US with hysteria growing by the day about a more strident China has seen the White…
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JP Morgan pockets tidy profit from cape sale
JP Morgan is one of many big shipping names that has broken cover this month, joining a string of famous…
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Petrobras taps Baker Hughes for Buzios well construction services
Nasdaq-listed oilfield services major Baker Hughes has won a contract award from Brazilian oil giant Petrobras for integrated well construction…
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Salvage teams drafted in ongoing Tobago clean-up operation
The government of Trinidad and Tobago has hired overseas help in the ongoing clean-up along its shoreline following a laden…
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International Seaways swoops for six MRs
Minnesota-based Wayzata Investment Partners is behind what brokers at Cleaves Securities have coined as the deal of the week. Brokers…
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ASCO wins BP contract
Aberdeen-based energy logistics group, ASCO, has landed a five-year contract with BP for supply base and pipeyard management services across…
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Oil from capsized vessel off Tobago makes its way back to Venezuela
Illicit oil shipped from Venezuela at the end of last month is making its way back home albeit in the…
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