Sector
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Rowan linked with $4bn takeover of Maersk Drilling
Houston-headquartered offshore drilling contractor Rowan Companies is being linked to buying out Maersk Drilling, with Bloomberg suggesting a $4bn figure…
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Viking Supply Ships raising funds after covenants breached
Viking Supply Ships has announced that it is in breach of its covenants under loan agreements with its banks. Citing…
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GOL Offshore staff owed 11 months back pay
Bust GOL Offshore owes hundreds of thousands of dollars in salaries to staff both ashore and at sea. With the…
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Crowley Maritime establishes six-vessel flow of relief supplies to Puerto Rico
Jacksonville, Florida-based Crowley Maritime has lined up six vessels to maintain a flow of relief supplies to Puerto Rico in…
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D’Amico International Shipping seals another sale and leaseback
The Italian shipping group d’Amico Società di Navigazione is proceeding with its sale and leaseback strategy in the liquid bulk…
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MISC exits tank terminal business
Malaysia’s largest shipping line MISC is exiting the tank terminal business, selling its 45% stake in Centralised Terminals to compatriot…
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Three reasons to reconsider digital bunker procurement
Danny Soos, the CEO and founder of new bunker broking platform OilFront, suggests how we go about sourcing fuel for…
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Mermaid Maritime wins $96m extension in the Middle East
Thai subsea specialist Mermaid Maritime has been awarded a contract extension, via a local JV company it has with a…
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Hapag-Lloyd sends three boxships for scrap
Germany’s Hapag-Lloyd has sold three older containerships Deira, Najran and Sakaka to ship recycling yards as part of the company’s…
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FueLNG completes first commercial LNG bunkering in Singapore
FueLNG, a joint venture between Keppel and Shell, has achieved the first commercial liquefied natural gas (LNG) bunker transfer in…
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PE firm Brookfield completes investment into Teekay Offshore
Private equity firm Brookfield Business Partners has bought into Teekay Offshore Partners. “With this comprehensive transaction now completed, Teekay looks…
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Boskalis secures works for Triton Knoll offshore wind farm
Dutch offshore engineering firm Boskalis has signed a preferred supplier and early works agreement for the supply and installation of…
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Trescorp to develop oil terminal at Sohar Port
Oman’s Sohar Port has signed a $600m contract with Singapore-based oil trader Trescorp to develop a new oil terminal with…
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Petrobras and Sete Brasil agree on mediator in legal dispute
Brazil’s state oil firm Petrobras and oil rig chartering company Sete Brasil Participacoes have agreed on an out-of-court mediator in…
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Veresen tries again for FERC approval for Jordan Cove LNG terminal in Oregon
Canadian energy infrastructure firm Veresen is hoping to be third-time lucky as it files an application with US regulators to…
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Crewman airlifted from tanker offshore New York after being injured in fall
An injured crewman has been safely airlifted by helicopter from a tanker off New York, according to The Associated Press.…
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ICTSI to operate two ports in Papua New Guinea
Philippines port operator International Container Terminal Services (ICTSI) has signed 25-year agreements to operate two international ports in Motukea and…
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Iran and Kazakhstan form shipping JV
Iran and Kazakhstan have formed a joint venture shipping line, designed to funnel cargoes from Central Asia down to Iran’s…
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Diamond Offshore in negotiations for Chinese drillship
US offshore driller Diamond Offshore is close to sealing a contract with China Merchants Heavy Industries (CMHI) for the construction…
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GC Rieber Shipping secures CSV extension
GC Rieber Shipping has secured a contract extension from wind turbine manufacturer Senvion for the company’s construction support vessel .…
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