Region
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Transocean drillship wins new $106m BHP contract
Transocean has clinched a new contract with BHP Billiton worth $106m for ultra-deepwater drillship . The new contract commences in…
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Subsea 7 ends Malaysian JV
Subsea 7 and Malaysia’s Sapura Energy have brought their joint venture, SapuraAcergy, to a close. SapuraAcergy’s heavylift and pipelay vessel …
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China’s Belt Road Initiative and supply chains in Asia
The Belt Road Initiative (BRI) is an industry wide phenomenon that all in the logistics and supply chain sector needs…
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Chinese consortium snaps up 70% stake in proposed Myanmar port project
A Chinese consortium led by CITIC Group has agreed to take a 70% stake in a deepwater sea port project…
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Wood awarded FEED contract for offshore gas platform
UK offshore engineering specialist Wood, formed by Wood Group’s acquisition of Amec Foster Wheeler, has secured a $12m front-end engineering…
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Pasha Hawaii providing vessel to help with Puerto Rico relief
Pasha Hawaii shipping line, which usually plies routes between the islands and the US mainland, is providing one of its…
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Tianjin Southwest Maritime inks financial leasing deal for asphalt carrier duo
Chinese tanker owner Tianjin Southwest Maritime has clinched a 10-year financial leasing deal with Guangdong Financial Leasing for two 7,800…
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Asian shipowners call for BMP4 update
The Asian Shipowners’ Association has called for the guidelines for ships transiting the notoriously unstable Horn of Africa to be…
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US Gulf of Mexico oil output almost back to normal in wake of Nate
US Gulf of Mexico oil and gas production is practically back to full output following the widespread shut-ins caused by…
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BBC Chartering and Jumbo join forces
As one heavylift marriage comes to an end, the nuptials of another have just been consummated. Two family-owned project shipping…
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Hanjin boss accused of misappropriating funds
Police are seeking the arrest of Cho Yang-ho, the CEO of Korean Air Lines and chairman of Hanjin Group, over…
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Satcoms giant KVH’s onboard security laid bare
Shipping has received another shock to the system over its openness to cyber attacks. Specifically the satcom boxes installed by…
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Shesh Venkatraman to depart Miclyn Express Offshore
Shesh Venkatraman will be departing his position of chief executive officer at Singapore offshore operator Miclyn Express Offshore (MEO). Venkatraman…
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Singapore PM: ‘We cannot rest on our laurels’
In another life Lee Hsien Loong might have been steering a ship, rather than the republic of Singapore. Singapore’s prime…
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Golden Ocean acquires two capesize bulkers
John Fredriksen’s Golden Ocean Group has announced the acquisition of two capesize vessels from affiliates of Fredriksen’s Hemen Holding at…
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General cargo ship sinks after hitting reef near Fujian
Chinese general cargo ship Quan Hai 88 sank after hitting a reef near Quanzhou, Fujian yesterday evening. The ship, which…
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Pacific Radiance debt obligations suspended as debt restructuring nears
Singapore offshore operator Pacific Radiance says it has commenced discussions with potential investors as it looks to raise funds as…
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Delta House oil spill could be worst in Gulf of Mexico since Deepwater Horizon
An oil spill from a subsea structure southeast of Venice, Louisiana, could be the worst in the US Gulf of…
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Tidewater appoints interim CEO as Jeffrey Platt steps down
US offshore support vessel operator Tidewater has announced the appointment of Larry Rigdon as the company’s interim chief executive officer…
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Sevan Marine settles arbitration with Logitel and Teekay
Norway’s Sevan Marine has reached a settlement agreement with Logitel Offshore and Teekay Offshore Partners regarding the legality and potential…
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