Region
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Schlumberger closes in on majority stake in Eurasia Drilling Company
Houston-based multinational oilfield services provider Schlumberger has reached a deal to take a controlling 51% stake in Russian firm Eurasia…
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Head of USCG warns that US not ready to tackle an oil spill in Arctic
The head of the US Coast Guard (USCG) has warned that the US is not ready to tackle the environmental…
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Uni-Asia signs up to Korean financing vehicle
KTB Asset Management, Korea Development Bank (KDB), and Japan’s Uni-Asia have signed a memorandum of understanding where the three will…
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Svitzer secures 15-year contract from Excelerate Energy
Tugboat operator Svitzer has secured a 15-year contract from Excelerate Energy to provide marine support services at Bangladesh’s first LNG…
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Vessels transiting off Vancouver told to slow down to protect endangered whale species
The Vancouver Fraser Port Authority has launched a pilot project in the Haro Strait to get ships to slow down…
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Crew rescued in stormy Bay of Bengal after 10 hours in a life raft
The crew of an Indian general cargo ship survived for 10 hours in a life raft in stormy seas in…
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STX wins product tanker orders, waits on refund guarantees
STX Offshore & Shipbuilding is back in business. Having just exited court-mandated restructuring, the Korean yard has revealed it has…
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Geared to go long
In his ongoing series for Splash looking at how to conduct business in the People’s Republic, Charlie Du Cane, the…
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PTP sues over lost revenues from last year’s huge bunker spill
MMC Corporation, the parent of the Malaysian Port of Tanjung Pelepas (PTP), is taking compatriot owner Rising Star Shipping and…
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Maersk adds extra layers of IT protection in the wake of Petya attack
Maersk has added extra layers of IT protection in the wake of the Petya ransomware attack that hit it very…
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Singapore Exchange approves Rickmers Maritime’s delisting
Rickmers Maritime, the failed boxship leasor of Bertam Rickmers, will be delisted from the Singapore Exchange (SGX), 10 years after…
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ABG Shipyard heads for bankruptcy
Debt-laden ABG Shipyard, having defaulted on loan repayments, will now have bankruptcy proceedings initiated against it, a court in India…
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Subsea 7 secures $250m extensions from Petrobras
Subsea 7 has been awarded contract extensions by Petrobras for three pipelay support vessels currently on long-term contracts offshore Brazil.…
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Ensco wins a series of new contracts
Offshore driller Ensco has secured a series of new rig contracts according to the company’s latest rig status report. Four…
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Fred Cheng linked with two more capes
Fred Cheng has been busy adding more capes to his company Shinyo International, doubling the size of his fleet this…
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Aegean Marine Petroleum Network appoints new president
Aegean Marine Petroleum Network has announced that the company has appointed Jonathan Mcilroy as president, effective immediately. “Following a comprehensive…
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Two Yangtze River shipping alliances established
Nine port groups and five shipping and logistics companies in China have together established Yangtze River Economic Belt Shipping Alliance…
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Ports of LA and Long Beach aim for zero emissions
The US’ largest two ports, neighbouring Port of Los Angeles and Port of Long Beach, have released the draft of…
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Officials take action as congestion sees boxships waiting for 12 days off Chittagong
Chittagong Port Authority has moved to alleviate the congestion situation at Bangladesh’s top port. Gearless boxships have had to wait…
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Zhonghui Shipping orders bulker at Wuhu Shipyard
Anhui-based Zhonghui Shipping has signed a shipbuilding contract with Wuhu Shipyard for the construction of one 61,000 dwt bulk carrier…
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