Region
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Verifavia: Checking shipping emissions
Paris: With climate change talks ongoing in Paris, one local firm is busy making sure shipping is prepared to whatever…
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Wood Group to work on ConocoPhillips LNG installations in Australia
Wood Group is to provide brownfield engineering services to two of ConocoPhillips’ LNG facilities in Australia under a new multi-year…
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STX yard slashes 30% of workforce
Ailing STX Offshore & Shipbuilding, whose restructuring plan is thought to have won it KRW450bn in new breathing space from…
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Aurora LPG forms JV with Wilhelmsen Ship Management
The increasing trend by shipowners to form management joint ventures with third parties has seen Aurora LPG and Wilhelmsen Ship…
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Valløby Shipping secures $40m loan to acquire chemical fleet
A private equity backed chemical shipping entity has been created. CIT Group has provided new PE-backed owner Valløby Shipping with…
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Another 900 offshore jobs go in Norway
National Oilwell Varco, an American offshore equipment manufacturer, is slashing another 900 jobs at its bases in Norway. NOV has…
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Beijing details ECA plans
China’s ministry of transport has outlined details of its planned emission control areas which will now come into effect on…
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SapuraKencana wins contracts worth $72m
Malaysia’s SapuraKencana Petroleum has announced the award of two new contracts and an extension with a combined value of around…
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ESVAGT to build new vessel for major offshore wind contract
Denmark’s ESVAGT is building a new vessel after winning a 10-year contract to support MHI Vestas Offshore Wind maintaining turbines…
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CMA CGM takeover bid fails to inspire NOL share price
The price of Neptune Orient Lines (NOL) shares remained unmoved in the first hour of trading today as they returned…
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Dozens of containers fall off barge into Atlantic off Florida
A number of containers, possible as many as 25, fell overboard from a barge on the Florida coast, according to…
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Tanzania’s president sacks ports boss in anti-graft drive
Tanzania’s new president John Magufuli has sacked the head of Tanzania’s ports authority and the top official in the transport…
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Explosion at Russian yard kills one, wounds three
A shipyard worker died and another three were injured following a blast in the hold of a ship under repair…
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US lifts trade sanctions against Myanmar ports on trial basis
US authorities on Monday announced they have eased trade restriction on ports in Myanmar, according to Reuters. The move is…
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Lord Mayor of London: Shipbroker takes the reins
London: London has changed a lot in the 43 years from when Lord Jeffrey Mountevans first began working in the…
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Analysts Douglas-Westwood and Hannon Westwood bought by ESIA Group
Energy Software Intelligence Analytics (ESIA) has acquired UK-based upstream energy research firm Douglas-Westwood, which after the acquisition will be merged…
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SPT Offshore designs new wellhead platform in offshore Malaysia
A new wellhead platform (WHP) is to be built at Ophir Production’s offshore oilfield in Malaysia using a solution developed…
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Gener8 gets $260m loan for VLCC newbuildings
NYSE-listed Gener8 Maritime has agreed a senior secured credit facility for up to $259.6m of debt financing for the first…
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Maersk Drilling accommodation rig wins five-year contract in Denmark
Maersk Drilling’s jack-up accommodation rig will leave lay-up next year to be deployed on a five-year contract to Maersk Oil…
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Seoul debt restructuring vehicle anticipates plenty more ship buys in 2016
Korea Asset Management Corp (KAMCO) anticipates it will continue to buy up plenty of ships from locally distressed lines next…
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