Region
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X-Press Feeders readies for methanol-powered future in the Baltic
Feeder giant X-Press Feeders has signed a memorandum of understanding (MOU) with six European ports to speed up the provision…
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APM Terminals lodges case to block ICTSI’s Durban port contract
APM Terminals has lodged a case at the Durban High Court in an attempt to block an Asian port operator…
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Arkas signs for four boxship newbuilds in China
Turkey’s largest boxship operator, Arkas, has signed a contract in China for four ships that will take its fleet past…
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Eagle Bulk shareholders green light Star Bulk takeover
Shareholders of US-based Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star…
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Kristian Siem seals nine-vessel deal to exit Siem Offshore
The founder of Siem Offshore, Kristian Siem, is leaving the company and stepping down as chairman by letting go of…
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One dead and several injured in Pemex platform fire
At least one person has been killed and several others are injured in a fire that erupted on the Pemex-operated…
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Shearwater agrees $700m refinancing
Norway’s Shearwater Geoservices, the world’s top seismic vessel player, has completed the refinancing of its long-term debt. The Bergen-based firm…
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Aker Solutions awarded contract by OKEA
Norway’s Aker Solutions has won the engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Brasse tieback project for…
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PGS bags large 3D seismic deal
Norwegian seismic acquisition specialist PGS said Monday it had secured a letter of award for a large 3D contract offshore…
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Containerised fuel cell power generator project presses ahead
Norway’s TECO 2030 has received an approval in principe (AIP) from DNV for a containerised fuel cell power generator (FCPG)…
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Kotug pens deal with Padmos for construction of electric pusher tugs
Offshore towage specialist Kotug International has signed a framework agreement with Padmos for the construction of the entire lineup of…
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Panama Canal restrictions set to ease as rains roll in
Weather forecasts have plenty of rain heading Panama’s way with many in international shipping predicting that the worst has now…
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Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
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Liner Cape diversions equivalent to a trip to the Moon every week
Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi…
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MSC faces $63m penalty in US regulatory dispute
Mediterranean Shipping Co (MSC) is looking at a potential $63m fine in the US for alleged violations of the Shipping…
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US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
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British shipyard to close
A British shipyard is closing. A&P Tees is a five-acre site in northeast England primarily focused on ship repair with…
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HD Hyundai unveils novel gas containment material
HD Hyundai is developing a plastic rival gas containment system to today’s dominant supplier, Gaztransport & Technigaz (GTT). South Korea’s…
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DP World teams with Rumo for new $500m grain and fertiliser terminal at Brazil’s Santos port
Dubai-based terminal operator DP World has partnered up with Brazilian railway operator Rumo to build a grain and fertilizer terminal…
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Scott McReaken quits Fredriksen’s rig companies
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off…
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