Region
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Creditors agree to RBD Armatori rescue plan
Creditors of RBD Armatori shipping company decided to vote “yes” to the latest version of the restructuring plan prepared by…
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Diana Shipping sends kamsarmax on time charter to Cargill
Greek dry bulk owner Diana Shipping, via a separate wholly-owned subsidiary, has entered into a time charter contract with Cargill…
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Enterprise Products Partners likely to be first firm to export US oil since lifting of ban
Houston, Texas-based midstream company Enterprise Products Partners looks likely to become the first firm to export US oil since the…
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Brazilian shipping and port operator Log-In trying to renegotiate its bank loans
Brazilian cargo ship and port operator Log-In Logistica Intermodal has hired global investment bank Moelis to help with refinancing $475m…
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Creditors oppose financial aid for STX Offshore & Shipbuilding
Some creditors of financially troubled STX Offshore & Shipbuilding are opposing financial aid for the shipyard citing the gloomy outlook…
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Shandong Shipping gets $280m financing deal for ten bulkers
Shandong Shipping has signed an agreement with CCB Financial Leasing, the financial leasing arm of China Construction Bank, to provide…
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Karoon Gas contracts Queiroz Galvão semi-submersible for Santos Basin drilling
Karoon Gas Australia has executed final agreements with Brazil’s Grupo Queiroz Galvão to utilise semi-submersible drilling rig for work off…
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CSSC Offshore & Marine Engineering leases Yangzhou shipyard to CSSC Chengxi
CSSC Offshore & Marine Engineering (COME) has announced that it has signed an agreement with sister firm CSSC Chengxi Shipyard…
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Multipurpose vessel hit by fire off Lianyungang
Multipurpose vessel suffered a fire onboard off Lianyungang yesterday while it was sailing from Rizhao to Masan, Korea. Lianyungang Maritime Safety…
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Essar Shipping appoints Anoop Sharma as managing director
Mumbai-based Essar Shipping has announced that it has appointed Captain Anoop Sharma as the managing director of the company, effective…
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Fugro wins Guyana seismic work
Fugro has been awarded a contract by Esso for survey services at a deepwater field development offshore Guyana. The contract…
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Gulf Island Fabrication to acquire LEEVAC Shipyards
Houston-based Gulf Island Fabrication has reached an asset purchase agreement with LEEVAC Shipyards top acquire all of LEEVAC’s assets for…
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Jasa Merin buys three chemical tankers from BHIC
Malaysia’s Jasa Merin has branched out into chemical tankers through the acquisition of three vessels from subsidiaries of Boustead Heavy…
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Mercator Lines to sell three panamax bulkers to service debt
Mercator Lines (Singapore) has signed three memoranda of agreement to sell three of its panamax bulk carriers to one of…
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Shenzhen Brightoil Shipping sells bunker barge newbuilding
Bunker supplier Shenzhen Brightoil Shipping has transferred ownership of a bunker barge newbuilding to its Singapore-based subsidiary for $8.4m in…
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Scorpio Tankers timecharters two handys
Scorpio Tankers has timechartered two of its handymax tankers to an unnamed charterer for three years each, and has repurchased…
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California ruling could open door for more port truck drivers to claim employee status
Truck drivers who service California’s seaports could all be eligible to unionize and to receive back payments following a recent…
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KC Maritime linked to cancelled bulk carrier newbuilding
Cosco Dalian says an Asia-based client has cancelled one of its two 82,000-dwt bulk carriers on order at the Chinese…
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Shell slashes capex again
Royal Dutch Shell has slashed its capex for the remainder of this year and into 2016, as it readies to…
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Fratelli Cosulich acquires Chemoil Monde Export
Italy’s Fratelli Cosulich has bolstered its bunkering position, announcing the acquisition of 100% of the shares of Monaco-based trading company…
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