Region
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Maersk drillship awarded four-year contract by Tullow Ghana
Maersk Drilling has been awarded a four-year contract by Tullow Ghana for 2014-built drillship . The contract commences in February,…
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Private equity giants sell chemical tanker joint venture to Essberger
Embarcadero Maritime, a joint venture between Borealis Maritime and KKR, and Nordic Tankers have signed and closed an agreement to…
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India’s LNG carrier dreams are over
India’s long-held aspirations to build an LNG carrier on home soil have been shelved. New Delhi had been pursuing the…
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GasLog orders new LNG carrier at Samsung
LNG shipowner GasLog has announced that it has ordered a newbuild 180,000 cu m LNG carrier from South Korea’s Samsung…
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Cosco secures COA from PetroChina
Cosco Shipping Energy Transportation, the tanker unit of China Cosco Shipping, has signed a COA with state-run energy giant PetroChina…
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Seabed Constructor departs Durban in latest bid to track down missing MH370
Bergen-headquartered Swire Seabed’s subsea vessel has been taken on charter by American firm Ocean Infinity and left Durban yesterday for…
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DOF Subsea secures ROV contracts from Petrobras
Norway’s DOF Subsea has secured two new contracts from Petrobras in Brazil for ROVs to be installed onboard its anchor…
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Two cargo ships collide near Shanghai, ten missing
General cargo ship Chang Ping and another cargo ship Xin Wang 138 have collided at Wusongkou anchorage area near Shanghai…
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Solstad Farstad fixes long-term charter for laid up CSV
Norway’s Solstad Farstad has sealed a five-year bareboat charter with Argentina’s Bahia Grande for 2006-built construction support vessel . The…
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Brazil securities regulator accuses eight former Petrobras brass of corruption
Brazil’s securities market authority CVM has accused eight former Petrobras executives of corruption, according to Reuters. CVM, equivalent to America’s…
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Cape Shipping orders boxship quartet at Huangpu Wenchong
Greek owner Cape Shipping has signed shipbuilding contracts with CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of two 2,700 teu…
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11% of newbuild contracts last year were for LNG-powered vessels
Dutch gas provider Titan LNG believes shipping reached a tipping point in terms of gas bunkering in 2017. According to…
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Hyundai Glovis secures contracts worth $1.3bn
Hyundai Glovis, the auto shipping unit of South Korea’s Hyundai Motor Group, has secured KRW1.42 trillion ($1.3bn) worth of contracts…
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Cosco Shipping Energy orders two VLCCs at DACKS
Cosco Shipping Energy Transportation, the tanker unit of China Cosco Shipping Corporation, has placed an order at Dalian COSCO KHI…
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US court papers show Keppel dished out punitive measures to 17 employees for Brazil bribery
Singapore-based Keppel Offshore & Marine has disciplined 17 employees with punishments including dismissals, demotions and big financial penalties, according to…
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Shipping Corporation of India sends ageing tanker for scrap
Shipping Corporation of India (SCI) has announced the sale of 1999-built tanker . The 51,793 dwt vessel had been circulated…
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Golden Energy Offshore awarded new PSV charter by Total
Norwegian OSV owner Golden Energy Offshore Services has sealed a new charter with Total E&P Nigeria for 2005-built platform supply…
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Pankaj Khanna takes over from George Economou at Ocean Rig
Sunday marks the final day for George Economou and his nephew Anthony Kandylidis to serve as CEO and CFO respectively…
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BSEE officially starts process of rolling back offshore drilling safety measures
As predicted in Monday’s Wall Street Journal, the administration of US President Donald Trump on Friday began the process of…
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Second person dead from COFCO grain terminal explosion in Argentina
There has been a second fatality confirmed from Wednesday’s explosion and fire at a grain terminal in the port of…
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