Region
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Eni wins Montenegro exploration licenses
Italy’s Eni has won a concession contract with the Montenegro government for the exploration of four offshore blocks covering 1,228…
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Diana Containerships won’t buy new vessels or pay dividends for two years
Diana Containerships has amended its $148m loan agreement with The Royal Bank of Scotland (RBS), which will block the boxship…
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Empty Hanjin containers causing logistical headaches at US West Coast ports
Hanjin containers are reportedly backing up at ports on the US West Coast and are beginning to clog logistical flows,…
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EMGS licenses Barents Sea data to oil exploration company
Electromagnetic Geoservices (EMGS) has signed a data licensing agreement to provide an unnamed oil company with 3D CSEM data for…
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Northern English ports form association
Ports in northern England are coming together to create what they are terming a “gateway to the world”. The new…
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Mexico’s regulator approves first non-Pemex offshore driller
Mexico’s oil industry regulator CNH (Comisio Nacional de Hidrocarburos) has approved the first company other than state firm Pemex to…
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20% of KG-funded boxships are insolvent
Nearly one in five containerships owned by KG funds in Germany are insolvent according to data released by research firm…
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Hanjin ships put up for sale as Italian subsidiary closes
More Hanjin ships have been put up for sale. Citing shipbroking sources, Reuters is reporting that the Hanjin Mar and…
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Trident Alliance: Seeking robust enforcement of sulphur regulations
The Trident Alliance is a coalition of shipowners and operators working to ensure robust implementation of sulphur regulations. Anna Larsson,…
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US ports susceptible to employing criminals because of flaws in ID card vetting system
People with criminal backgrounds could be slipping through vetting procedures and working at US ports according to a report by…
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Indonesian president urges greater ports build-up
Indonesian president Joko Widodo yesterday officially inaugurated a new terminal at the nation’s flagship port, Tanjung Priok, and used the…
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TGS and Petroleum Geo-Services jointly acquire Dolphin library
Norwegian seismic firms TGS and Petroleum Geo-Services (PGS) have announced that they have agreed to jointly acquiring the majority of…
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Otto Marine withdraws Hoe Leong liquidation application
Heavy equipment supplier and vessel charterer Hoe Leong Corporation has announced that Otto Marine has withdrawn an application to wind…
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Singapore charts growth plans through to 2030
The Maritime and Port Authority of Singapore (MPA) has established the International Maritime Centre 2030 (IMC 2030) advisory committee to…
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Pemex announces six Gulf of Mexico oil finds
Pemex, Mexico’s state oil firm, announced on Tuesday that it had made six new offshore oil finds in the Gulf…
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Polarcus awarded seismic work in Australia
Polarcus has announced that the company has received a letter of award for 3D marine seismic acquisition in Australia. The…
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Arctic Coalition campaigns to protect offshore drilling leases in Alaska waters
Groups favouring offshore oil and gas drilling in Alaskan waters on Monday launched a television advertising blitz in the Washington…
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KOGAS signs MOU to develop LNG import terminal in Brazil
South Korea’s state gas company KOGAS has signed a Memorandum of Understanding (MOU) with the Brazilian state of Ceara to…
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Ceres capesize fixed on timecharter as spot market loses steam
Livanos-led Ceres Shipping has fixed one of its capesize bulk carriers on a five- to eight-month timecharter, according to Baltic…
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Marco Polo Marine requests an extension to its notes’ maturity date
After calling in KPMG last week to conduct a review of its business, Singapore’s Marco Polo Marine has said it…
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