Region
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SBM Offshore awarded Premier Oil FPSO contract
SBM Offshore has announced that Premier Oil has awarded the company the front-end engineering and design (FEED) contract for an…
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BAE Systems lets go of another 300 staff from its Jacksonville yards
BAE Systems will lay off 300 employees from its two Jacksonville shipyards in mid-March, the company said yesterday. “The workforce…
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Three ST Marine employees charged with plundering $4.5m
Three ex-Singapore Technologies (ST) Marine executives previously charged with corruption appeared in court today facing a total of 1,744 additional…
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Shandong Shipping lists on NEEQ
Shandong Shipping, the largest shipowner in Shandong, officially listed on the National Equities Exchange and Quotations (NEEQ) yesterday. The controlling…
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China Merchants buys into Dalian Port
Hong Kong-listed China Merchants Holdings has announced that it has signed a share subscription agreement with Dalian Port, under which…
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Regulator approves Pemex request to drill two deepwater wells in Gulf of Mexico
Mexico’s state oil firm Pemex on Tuesday was granted permission to drill two offshore wells in the Gulf of Mexico,…
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China Ocean Shipbuilding proposes to change name
With shipbuilding viewed as a toxic word by investors at the moment, Hong Kong-listed China Ocean Shipbuilding Group has announced…
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Seven-day tug boat strike threatens Australian ports
Major ports in Australia could be brought to a standstill for up to a week if planned strikes by tug…
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BP to cut 4,000 jobs worldwide
BP plans to axe 4,000 jobs worldwide, of which 600 jobs will be cut from its operations in the North…
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Svitzer orders two more tugs
Svitzer has ordered two more tugs from Sanmar Shipyard in Turkey that will be deployed in Australia at the Port…
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Grimaldi adds two car carriers at Yangfan for $120m
Grimaldi Group of Naples has just exercised options with Chinese shipyard Yangfan for a further two car carrier newbuldings. Sources…
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Trading of shares in Piraeus Port Authority halted as privatisation draws nearer
Trading of shares in Piraeus Port Authority has been suspended on the Athens stock exchange, just before Greece’s privatisation agency…
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Hyperdynamics sues foot-dragging partners in offshore Guinea project
Houston, Texas-based E&P company Hyperdynamics is suing its partners in projects offshore Guinea over alleged breaches of contract. It is…
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Ezion to jointly operate two China-built service rigs
Ezion Holdings is to jointly market two new service rigs alongside their unnamed Chinese builder, from whom the Singapore-based company…
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Talent-Merge: Using technology to attract Generations Y and Z
Singapore: Throughout his time working at shipping service providers Imtech Marine and prior to that Kelvin Hughes, Clarence Khoh continued…
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British Antarctic Survey extends charter with GC Rieber Shipping
Norway’s GC Rieber Shipping has announced that British Antarctic Survey (BAS) has declared its third option for a one-year extension…
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Maersk hit by ‘toxic cocktail’ of low oil prices and slack box demand
It has been a very bad start to the year to Danish giant AP Moller-Maersk’s share price, dropping more than…
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IRISL discusses renewing 2008 bulker contract with SPP
Korean shipbuilding news site Asiasis reports that Islamic Republic of Iran Shipping Lines (IRISL) and South Korea’s SPP Shipbuilding are…
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Petrofac to streamline UK operations, cut 160 jobs
Oilfield services contractor Petrofac is looking to merge its currently segmented UK operations into a single entity in an effort…
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Tankers tipped to return to Libya’s Ras Lanuf
Officials at Libya’s National Oil Co are attempting to load oil at the eastern port of Ras Lanuf for the…
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