Sector
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ASL Marine awarded $113.5m worth of new contracts
ASL Marine has announced that it has secured a total S$156m ($113.5m) worth of contracts from its shipbuilding, shiprepair &…
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Fred Olsen Windcarrier awarded Hornsea contract by DONG
Fred Olsen Windcarrier has announced that it been awarded a transport and installation contract for installation of Siemens 7MW turbines…
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Cheniere Energy appoints Jack Fusco as CEO
Houston-based Cheniere Energy announced on Thursday it has appointed a new president and CEO in Jack Fusco. Fusco was previously…
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EPA rule on methane regulation finalised
The US government’s Environmental Protection Agency (EPA) announced on Thursday the revised version of its news rules to regulate methane…
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Latest Panama Canal draft restrictions pushed back again
The Panama Canal Authority (ACP) has deferred once more the planned third recent draft restriction on vessels using the inter-oceanic…
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Scorpio Bulkers adjusts its loan covenants as asset values fall
Scorpio Bulkers and its lenders have agreed to amend the some of the covenants included in all its credit facilities, in what…
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KS Drilling delays delivery of jack-up rig from Cosco Nantong again
Delivery of a jack-up rig ordered at Cosco Nantong by KS Drilling has been delayed by another 19 months, having…
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Hyundai Heavy submits self-rescue plan to its creditors
Hyundai Heavy Industries (HHI) has formalised its self-rescue plans and today submitted the scheme to its creditors, which are being…
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Details of new container alliance emerge
The make up of a third global container alliance has been revealed by the Wall Street Journal. Japan’s Nippon Yusen…
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Havila, Olympic and Rem merger proposed
Norwegian offshore news site Nett.no is reporting that local bank DnB is holding discussions aiming to push through a merger…
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EMAS Chiyoda Subsea looks to cold stack $150m pipelay vessel
Newly formed EMAS Chiyoda Subsea, the recently finalised 50:50 joint venture of Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation, is…
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Cosco Pacific buys into Rotterdam terminal
Cosco Pacific has announced that it has entered into an agreement with ECT Participations, a wholly-owned subsidiary of port operator…
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Russia seeks extradition of former shipyard boss
Moscow is in touch with authorities in the US, seeking the extradition of the former head of state-run shipyard, Far…
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DONG Energy to list in Copenhagen
DONG Energy, the Danish offshore wind power giant, will list on Nasdaq Copenhagen this summer. The Kingdom of Denmark, as…
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Philippine owner takes pair of ships originally earmarked for scrap
The Southeast Asian owner, Oceanic Container Lines, Inc (OCLI) from the Philippines, has rescued to two smaller multipurpose ships from…
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DSME develops its own LNG containment system
Daewoo Shipbuilding & Marine Engineering (DSME) has finally developed its LNG containment system, potentially saving the Korean yard millions of…
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ONGC terminates 27 ship contracts
India’s Oil and Natural Gas Corporation (ONGC) has issued notices to terminate contracts for 27 Indian-registered offshore vessels with local…
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Vard lands 15 vessel order from Topaz Energy and Marine
Norwegian offshore shipbuilder Vard has secured a contract from Dubai-based Topaz Energy and Marine for the design and construction of…
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Maritime union workers in Brazil ready to strike against Transpetro
Unionized seamen in Brazil are preparing to go on strike from 8am on Saturday against Transpetro, the country’s largest oil…
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Senators demand pollution cuts around US port cities
A group of Democrat senators have sent a letter to the Environmental Protection Agency in the US, urging federal regulators…
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