Region
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New Chevron contract for Eidesvik
Oslo: Eidesvik has been awarded a contract for 19 months with up to four options for an additional 6 months…
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Norway has more recoverable oil today than 10 years ago
Oslo: Finally some good news today for Norway’s near suicidal offshore community. Following thousands of layoffs in the wake of…
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NYK and Stolt’s JV exercises parcel options in Japan
Tokyo: A joint venture between Nippon Yusen Kaisha (NYK) and Stolt-Nielsen has exercised options for two more parcel tankers in…
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Havyard counters offshore slump with 4-day working week
Oslo: More than 10,000 workers have lost there jobs in the Norwegian oil industry since the oil price began to…
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Videotel: ‘Companies only wake up to the importance of training once they’ve had a serious accident’
London: A seasoned shipmanagement expert warns today that far too many owners are only investing in training when pushed too,…
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Keel laying for world’s largest icebreaker
St Petersburg: Russian shipbuilding took a bold new step forward yesterday with the keel laying at Baltic Shipyard of the…
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Babilis appointed CEO at Stealth Maritime
Athens: Stealth Maritime Corp has appointed Lambros Babilis as its new CEO with immediate effect. Babilis has been with Stealth…
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Locals kick up stink as fertilizer onboard boxship blazes
London: The risks of carrying fertilizer, a highly flammable cargo, have once again been demonstrated. A containership is ablaze in…
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Höegh LNG signs Chile FSRU deal
Oslo: Höegh LNG has signed an FSRU contract with Octopus LNG in Chile for the Penco-Lirquén LNG import terminal to…
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Tsuneishi invests in Indonesia
Tokyo: Japanese shipbuilder Tsuneishi Holdings plans to invest $40m to run a shiprepair business in Indonesia, and will subsequently consider…
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Tugboat sinks near Busan port, two dead
Seoul: Two crew members died, when their tugboat sank in waters off the port of Busan, Korea. The accident occurred…
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CNPC proposes LNG terminal in Myanmar
Shanghai: Myanmar’s Ministry of Energy is considering its options for imported fuel including LNG to supply the domestic market, Myanmar…
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Mexico clears foreign firms to bid on offshore rights
San Francisco: Mexico gave its approval on Tuesday for a number of foreign firms to bid on some of the…
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Indian govt shoots down Cairn India’s crude oil export proposal
New Delhi: India’s Petroleum ministry has shot down a proposal from Cairn India to export crude oil from its Barmer…
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SITC teams up with Qingdao Port for overseas investment
Shanghai: Hong Kong-listed shipping firm SITC has announced that it has signed a strategic cooperation agreement with Qingdao Port International,…
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Polar Pioneer fails USCG inspection
Seattle: The Polar Pioneer, one of two huge drilling platforms Shell plans to deploy in the Arctic, came up short…
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Former Petrobras executive is handed five-year jail sentence
San Francisco: A former international director of Petrobras was sentenced to five years in prison on Tuesday for his part…
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Japanese banks to support India’s coal-based power plants
Mumbai: Dry bulk shipping, by way of coking and thermal coal imports into power-starved India, will receive a much-needed fillip…
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Hyperdynamics corruption investigation closed
Houston: The US Department of Justice closed its anti-corruption investigation of Houston-based oil and gas exploration company Hyperdynamics without filing…
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Third ship in a week runs aground on Argentina’s Parana river
San Francisco: The Parana river in Argentina has become a mass shipwreck in recent days with news of another grounding…
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