Region
-
STX and STX France may be sold by bankruptcy court
STX Offshore & Shipbuilding (O&S) and STX France, which specialises in building cruise ships and is 66% owned by the…
Read More » -
Aker Solutions wins subsea contracts at Dvalin gas field
DEA Norge has awarded two contracts worth over NOK 900m ($112.6m) to Aker Solutions to provide a subsea production system,…
Read More » -
Hanjin lays off staff from its US HQ
Some 127 workers have been laid off from Hanjin Shipping’s American headquarters in Paramus, New Jersey, reports say. The redundancies…
Read More » -
Concordia Maritime sells and leases back tanker
Sweden’s Concordia Maritime has signed a $37.5m sale and leaseback deal for its MR chemical/product tanker with “large Japanese financial…
Read More » -
USCG medevacs ailing crewman from bulk carrier offshore Texas
A US Coast Guard (USCG) helicopter crew on Monday successfully airlifted an ailing crewman from a bulk carrier off the…
Read More » -
Hanjin Shipping could have survived with creditor support: Cho
Hanjin Group chairman Cho Yang-Ho said today that Hanjin Shipping could have survived had creditors provided the company with aid,…
Read More » -
Tote ignores warnings on Hurricane Matthew, one year on from El Faro sinking
Tote Maritime says they plan to continue their regular liner schedule despite Hurricane Matthew wreaking havoc in the Caribbean, reports…
Read More » -
Perisai Petroleum continues negotiations after default on bonds
Kuala Lumpur-listed offshore firm Perisai Petroleum Teknologi has failed with a proposal asking its Singapore bondholders to delay the maturity…
Read More » -
Swissco seeks refinancing of notes
Singapore offshore firm Swissco Holdings has announced the appointment of Ernst & Young Solutions as an independent financial advisor to assist in…
Read More » -
Hajioannou takes on Safe Bulkers newbuilds
Greek drybulk specialist Safe Bulkers has done a deal with entities owned by chairman and CEO Polys Hajioannou to novate…
Read More » -
Transocean wins semi-sub contract, suffers termination of drillship contract
Offshore driller Transocean has announced a new contract for semi-submersible rig Transocean Barents only to reveal the early termination of drillship Discoverer…
Read More » -
Brazil may change law to let Petrobras sell stakes in offshore fields
Brazil’s government could change the law to allow troubled state oil firm Petrobras to sell stakes in some offshore oil…
Read More » -
Oslo Børs launches trading of shipping index
Oslo Børs has launched SHIPPING DNM, an exchange traded product that tracks the Oslo Børs Shipping Index (OBSHX), which is…
Read More » -
Maersk Supply Service cuts workforce by another 25%
Maersk Supply Service is to reduce its onshore workforce by a further 25%, which it said was “in response to…
Read More » -
Scorpio Bulkers gets newbuilding discount, delays deliveries
Scorpio Bulkers has negotiated a $13m discount on the combined contract price for six China-built newbuildings, which will each be…
Read More » -
Keppel admits ‘suspicious’ payments made in Petrobras scandal
Singapore’s Keppel Corporation has admitted internal investigations have shown certain transactions associated with Zwi Skornicki from Eagle do Brasil, an…
Read More » -
BW LPG revises takeover bid for Aurora
BW LPG has renewed its offer to take over Aurora LPG and has offered over 10% more cash, which has…
Read More » -
Navig8 Chemical Tankers cancels five newbuilds at STX
Navig8 Chemical Tankers has revealed the cancellation of its contracts to build five 49,000 dwt MR tankers at Korea’s STX…
Read More » -
Jinhui Shipping continues bulker sell-off
Chinese bulker owner Jinhui Shipping and Transportation has announced the sale of 75,583 dwt panamax bulker for $10.6m. The 2009-built…
Read More » -
Diana Shipping newcastlemax pair delayed
Greek dry bulk specialist Diana Shipping has said that it has agreed some amendments to shipbuilding contracts which delays the…
Read More »