Region
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PV Drilling secures jackup rig contract from KrisEnergy
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has announced that it has entered into a contract with Singapore’s KrisEnergy…
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Pioneer Marine appoints Torben Janholt as CEO
Singapore dry bulk owner Pioneer Marine has appointed Torben Janholt as its new CEO, replacing Pankaj Khanna who left the…
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CMES acquires shipping assets from Sinotrans & CSC
China Merchants Energy Shipping (CMES), the shipping unit of China Merchants Group, has announced that it will acquire 100% equity…
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CNAF Haixin Shipping orders product tanker at Mawei Shipbuilding
CNAF Haixin Shipping, a shipping unit of China National Aviation Fuel Group, has selected Fujin Mawei Shipbuilding through a tender…
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Federal court fines bankrupt Black Elk over fatal 2012 platform blast
A Louisiana federal court on Thursday ordered Houston-based Black Elk Energy Offshore Operations to pay a $4.2m fine over the…
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DOF awarded two OSV contracts
Norwegian OSV operator DOF has been awarded two contracts for operations in the Mediterranean, one for the provision of multipurpose…
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Sovcomflot back at Samsung Heavy for another shuttle tanker
Sovcomflot has returned to favoured Korean yard Samsung Heavy Industries for another shuttle tanker. The 42,000 dwt ice class ship…
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Exmar sells insurance broker Belgibo to JLT
Belgian gas specialist Exmar has reached an agreement to sell insurance broker Belgibo to Jardine Lloyd Thomson Group. Belgibo is…
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Cosco argues OOCL bid is not overpriced
The $6.3bn Cosco Shipping has bid to take over Orient Overseas Container Line (OOCL) and the assets of its parent…
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Emas Offshore commences restructuring as white knight emerges
Emas Offshore, part of Singapore’s Ezra Holdings, has filed an application to the High Court of Singapore to pave the…
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PSV off Scotland driven remotely from San Diego
The dawn of the drone shipping era has come a step closer. Finnish technology group Wärtsilä has revealed details of…
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Ceylon Shipping says it was ripped off by China when procuring ultramax pair
An investigation in Sri Lanka has concluded the nation’s state-run shipping line was ripped off by the Chinese in procuring…
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Columbia and Marlow complete shipmanagement merger
Columbia Shipmanagement and Marlow Navigation have today announced confirmation of regulatory approval allowing their merger, first reported last November. “Columbia…
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Some Texas ports reopen with restrictions, while Louisiana refineries continue operating despite Harvey
The US Coast Guard (USCG) has approved the reopening of some ports in Texas following their closure because of Tropical…
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Sembcorp Marine terminates Petroleum Teknologi jackup pair
Singapore’s Sembcorp Marine has announced that its subsidiary yard PPL Shipyard has terminated contracts with Malaysia’s Perisai Petroleum Teknologi for…
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Chang Myung finally finds a buyer for seven-year-old cape
South Korea’s Chang Myung Shipping has finally sold the seven-year-old cape having had the 179,000 dwt bulker in the shop…
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HMM confirms orders for up to 10 VLCCs and two boxships
A year to the day since compatriot Hanjin Shipping went at its expense, South Korea’s Hyundai Merchant Marine (HMM) announced…
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Worker strike ends at Damen Galati
The worker strike at Damen Galati Shipyard ended yesterday after the yard’s latest offer was accepted by workers. The strike…
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Court fines ex-Petrobras officials more than $80m over purchase of Texas refinery
Brazil’s Court of Accounts has fined two former officials of scandal-plagued state oil firm Petrobras more than $80m in total…
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Eiffage in negotiations to take over Saipem’s maritime works activities
Civil engineering construction firm Eiffage has entered into exclusive negotiations with a view to acquire Saipem’s maritime works activities, the…
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