Region
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China a fragile commodity for dry bulk sector fortunes
Shipowners have every reason to be satisfied with the start of 2017 but a weaker Q2 could set the stage…
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S.D. Standard Drilling secures PSV contract
S.D. Standard Drilling has secured a contract from energy logistics firm Peterson for platform supply vessel . The vessel has…
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Thoresen Thai returns to Santoku Sanpaku for supramax addition
Thoresen Thai Agencies is continuing to expand its supramax fleet with the acquisition of 2008-built bulk carrier from Japanese owner…
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US port infrastructure grants face axe under funding plan
TIGER grants, which have benefited US ports since 2009, have moved nearer being eliminated with the House of Representatives’ Appropriations…
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US Gulf of Mexico lease sale will offer nearly 76 million acres
The US Department of the Interior (DOI) has announced that its offshore Lease Sale 249 will offer almost 76 million…
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USCG helicopter crew airlift distressed man from OSV off Texas
A US Coast Guard helicopter crew successfully evacuated a man in distress from an offshore supply vessel in the Gulf…
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IEA data predicts US will become the world’s second-biggest LNG exporter by 2022
The International Energy Agency (IEA) says that the US is less than five years away from becoming the world’s second…
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Cobalt expanding Anchor development in Gulf of Mexico
Houston-based independent oil E&P firm Cobalt Energy is expanding its Anchor development in the Gulf of Mexico to include two…
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Fred Olsen Energy to decommission semi-sub
Norwegian company Fred Olsen Energy has decided to decommission elderly semi-submersible rig in the third quarter. The 1975-built rig is…
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Boss of defunct Dynamic Oil Trading charged with fraud
Denmark’s state prosecutor charged Lars Moller, the former manager of OW Bunker’s Singapore subsidiary, with fraud on Thursday. OW Bunker…
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TCC Group: Shipping has no accountability these days
The actual norm of shipping being a high risk, specialised business has been widely ignored, argues the head of one…
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Court confirms Tidewater reorganisation plan
US offshore support vessel operator Tidewater has announced that the United States Bankruptcy Court for the District of Delaware has…
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Fredriksen ups stake in Solstad Farstad
John Fredriksen’s private family investment vehicle Hemen Holding has bolstered its stake in new merged OSV firm Solstad Farstad. Hemen…
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Angelicoussis returns to DSME for more VLCCs
Daewoo Shipbuilding & Marine Engineering has won an order for four new 318,000 dwt VLCCs from regular customer Maran Tankers…
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Valles concludes first sale in three years
Valles Steamship has been linked with its first ship sale since 2014. The conservative Hong Kong owner is reported by…
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Pantheon Tankers acquires aframax from Phoenix
Greek owner Pantheon Tankers is said to have acquired six-year-old aframax tanker from Singapore’s Phoenix Tanker. According to broking sources,…
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Noble secures drillship contract from Total
Noble Corporation has secured a contract from French energy major Total for its drillship . The contract is for one…
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Diana seals charters for bulker and boxship pair
Diana Shipping has sealed a new time charter contract for one of its bulkers, while Diana Containerships has signed a…
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BOEM approves Eni plan for oil drilling in waters off Alaska
The US Bureau of Ocean Energy Management (BOEM) has approved a plan for the US unit of Italian energy giant…
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Seadrill secures drillship contract from Statoil
Drilling contractor Seadrill has secured a firm contract for one well and one drill stem test with Statoil Brasil Óleo…
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