Region
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Hyundai Heavy submits self-rescue plan to its creditors
Hyundai Heavy Industries (HHI) has formalised its self-rescue plans and today submitted the scheme to its creditors, which are being…
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Details of new container alliance emerge
The make up of a third global container alliance has been revealed by the Wall Street Journal. Japan’s Nippon Yusen…
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Havila, Olympic and Rem merger proposed
Norwegian offshore news site Nett.no is reporting that local bank DnB is holding discussions aiming to push through a merger…
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EMAS Chiyoda Subsea looks to cold stack $150m pipelay vessel
Newly formed EMAS Chiyoda Subsea, the recently finalised 50:50 joint venture of Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation, is…
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Cosco Pacific buys into Rotterdam terminal
Cosco Pacific has announced that it has entered into an agreement with ECT Participations, a wholly-owned subsidiary of port operator…
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Russia seeks extradition of former shipyard boss
Moscow is in touch with authorities in the US, seeking the extradition of the former head of state-run shipyard, Far…
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DONG Energy to list in Copenhagen
DONG Energy, the Danish offshore wind power giant, will list on Nasdaq Copenhagen this summer. The Kingdom of Denmark, as…
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Philippine owner takes pair of ships originally earmarked for scrap
The Southeast Asian owner, Oceanic Container Lines, Inc (OCLI) from the Philippines, has rescued to two smaller multipurpose ships from…
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DSME develops its own LNG containment system
Daewoo Shipbuilding & Marine Engineering (DSME) has finally developed its LNG containment system, potentially saving the Korean yard millions of…
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ONGC terminates 27 ship contracts
India’s Oil and Natural Gas Corporation (ONGC) has issued notices to terminate contracts for 27 Indian-registered offshore vessels with local…
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Vard lands 15 vessel order from Topaz Energy and Marine
Norwegian offshore shipbuilder Vard has secured a contract from Dubai-based Topaz Energy and Marine for the design and construction of…
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Maritime union workers in Brazil ready to strike against Transpetro
Unionized seamen in Brazil are preparing to go on strike from 8am on Saturday against Transpetro, the country’s largest oil…
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Senators demand pollution cuts around US port cities
A group of Democrat senators have sent a letter to the Environmental Protection Agency in the US, urging federal regulators…
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Gas debate in Piraeus
Nick Brown from Lloyd’s Register reports from his company’s first Gas Shipping Forum in Greece, held yesterday. Gas shipping –…
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MST faces fine in the US
German owner MST has been charged in the US with covering up illegal dumping of oily wastewater. Its bulker, ,…
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Polarcus secures Repsol contract
Dubai-based seismic operator Polarcus has announced that it has received a letter of intent from the Spanish oil company Repsol.…
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Diana panamax finally secures financing, commences charter
The last of three panamax bulk carriers acquired by Diana Shipping has secured financing and was delivered to its new…
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Crew on arrested vessel have not been paid in months, food running low
Crew onboard a containership detained at Chatham in south-east England have not been paid in three months and are being…
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Hanjin Heavy agrees $1.71bn property sale and cash injection with creditors
South Korea’s Hanjin Heavy Industries has signed a memorandum of understanding (MOU) with its creditors to receive a KRW 120bn ($103m) cash…
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Oilopps.com: Understanding offshore recruitment
What makes Simon Kendrick different to others involved in offshore recruitment is that, by his own admission, he knows what…
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