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Teekay sells tanker pair to New Shipping
Teekay Tankers has agreed to sell two of its tankers to Adam Polemis led Greek owner New Shipping. One of the…
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Baker Hughes to combine with GE’s oil and gas business
Houston-based global oilfield services giant Baker Hughes is teaming up with the oil and gas business of Boston-based General Electric…
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Dynagas signs new charter deals with Gazprom
Dynagas LNG Partners has entered into a new long term time charter agreement with Gazprom Marketing & Trading Singapore for…
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SGX reprimands Swiber
Having only obliquely referenced the company before the Singapore Exchange (SGX) finally came out and lashed Swiber Holdings yesterday. Singapore-listed…
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Singapore government mulls aid for ailing offshore sector
Singapore’s minister for trade and industry has hinted the government might help out the city-state’s ailing marine and offshore engineering…
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Emissions show dramatic plunge at Port of Oakland
The Port of Oakland is touting huge drops in diesel emissions from ships and trucks over a 10-year period. Figures…
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Maersk Supply Service offloads ageing PSV pair
Maersk Supply Service has sold off PSVs Maersk Feeder and Maersk Fighter as it looks to reduce its fleet by…
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Argo LNG orders $1.8bn facility at Honghua
China’s drilling rig manufacturer Honghua Group has announced that its subsidiary Honghua Offshore has entered into a $1.8bn offshore LNG…
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Kidnapping crews proves alarmingly lucrative for Abu Sayyaf
Kidnapping seafarers is proving alarmingly lucrative for Philippine terrorist group Abu Sayyaf. Newswire Associated Press reports that the Islamist group…
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Statoil suspends Songa Offshore rig contract
Songa Offshore has announced that Statoil will suspend the contract for when work at the current well at the Snöhvit…
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NYK offloads ore carrier
Nippon Yusen Kaisha (NYK) has offloaded a 12-year-old ore carrier to Samos Steamship. Samos is paying in the high $12ms…
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NYK, MOL and K Line to merge container divisions
The three Japanese majors who will help form THE Alliance next April are to merge their container operations. Nippon Yusen…
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BW LPG ups bid again for Aurora LPG
BW LPG has moved ahead and made a voluntary unconditional tender offer for Aurora LPG, willing to pay more than…
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The 4,923 teu YM Los Angeles sets new boxship scrapping records
Setting a new benchmark, Diana Containerships has moved to scrap a panamax boxship that was delivered less than 10 years…
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Rickmers Maritime’s restructuring gets the nod
Rickmers Trust Management, the trustee-manager of troubled Singapore-listed Rickmers Maritime, has revealed that unitholders attending an extraordinary general meeting have…
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Seoul earmarks billions to save shipyards
Seoul has moved to right the ship of its dire maritime sector announcing today a new KRW1trn ($871.73m) state-backed ship…
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Prices for Japanese panamax bulkers continue to improve
A ten-year-old Sasebo-built panamax bulker has been bought by Zihni Shipping for a price Clarksons Research lists in the high…
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Ezra delays results as it counts the cost of Perisai default
In a move which is likely to spook investors, Singapore’s Ezra Holdings has applied to the Singapore Exchange for an…
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Chevron extends Deep Sea Supply PSV pair
Chevron has extended the bareboat charters on Deep Sea Supply PSV pair Sea Tortuga and Sea Triumph for an additional…
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Hong Kong Marine Department hit by hackers
Hackers have managed to infiltrate the Hong Kong Marine Department, locking access to a computer located in its offices. According…
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