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Shareholders overwhelmingly approve merger between Scorpio Tankers and Navig8 Product Tankers
Scorpio Tankers and Navig8 Product Tankers have become a single entity. Scorpio, led by Emanuele Lauro, announced that the shareholders…
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Nine detained as authorities investigate STX blast
Nine men from STX Offshore & Shipbuilding and its subcontractors were detained by South Korean authorities as part of investigations…
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Samskip acquisition of Nor Lines given the green light
Rotterdam-headquartered transport and logistics firm Samskip has been cleared by the Norwegian Competition Authority to proceed with its acquisition of…
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Swan Energy orders FSRU at Hyundai Heavy Industries
India’s Swan Energy has announced that subsidiary Triumph Offshore has executed a shipbuilding contract with Hyundai Heavy Industries for the…
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SolstadFarstad fixes AHTS to Norwegian Coastal Administration
OSV powerhouse SolstadFarstad has been awarded a contract by the Norwegian Coastal Administration (NCA) for the 2008-built anchor handling tug…
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Coral Shipping takes second tanker in the space of just five weeks
Active Greek tanker firm Coral Shipping has been linked to its second acquisition in just over a month. Brokers suggest…
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GoodBulk linked to another Japanese-built cape
John Michael Radziwill-led GoodBulk is linked to yet another cape. The OTC-listed company has added another Japanese-built bulker according to…
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Airbus flies in to aid maritime cyber security
Toulouse-based Airbus Defence and Space has partnered with CSO Alliance, a maritime community of company security officers (CSOs), to build…
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Louisiana ports and refineries next in line as Harvey shapes up for return to land
After taking a toll on oil refineries and ports along the Texas coast, Tropical Storm Harvey is next forecast to…
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Wilmar snaps up supramax pair from Norr Systems
Singapore’s Wilmar Ship Holdings has acquired two supramax bulk carriers from compatriot company Norr Systems. According to broking sources, the…
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Borr Drilling lists in Oslo
Borr Drilling, a Norwegian rig outfit created less than a year ago by executives formerly close to John Fredriksen, celebrates…
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TechnipFMC awarded Huskey West White Rose EPCI contract
Offshore services giant TechnipFMC has been awarded an engineering, procurement, construction and installation contract from Husky Energy for the West…
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Greek tanker arrested in Libya
Libyan naval forces yesterday arrested a Liberian-flagged product tanker on suspicion of smuggling oil off the Abu Kammash area west…
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Cosco still on the hunt for more mergers and acquisitions
Cosco, the world’s largest shipping conglomerate, is still on the hunt for more acquisition targets, fresh from tabling a giant…
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Samra Midas merges SM Line, Korea Shipping Corporation and Woobang Engineering & Construction
The parent of new Korean container carrier SM Line will bolster the liner’s financials by folding two other companies into…
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Ports, waterways, refineries and platforms all feel Harvey’s wrath
The Houston Ship Channel remained closed on Monday and numerous refineries were out of action as were offshore oil and…
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Last payouts made at defunct Rickmers Maritime Trust
Rickmers Maritime Trust has been wound up with the last payments made to unsecured creditors, leaving many investors out of…
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Charter fixed for the world’s largest FSRU
The world’s largest FSRU – due to be delivered in a couple of months – has found a charter in…
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Forth Ports and AF Gruppen to create decommissioning hub in Dundee
Forth Ports and AF Offshore Decom UK, part of AF Gruppen, have signed an agreement to establish a new joint…
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Shenhua Group and Guodian Group announce merger
Marking Chinese Valentine’s Day yesterday, two major state-run power groups China Shenhua Group and China Guodian Corporation have announced that…
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