Sector
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OneSubsea to provide production systems for BP’s Nile Delta fields
BP Exploration (Delta) and its partner DEA Deutsche Erdoel have awarded OneSubsea with a contract to supply subsea production systems…
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Pyxis given the okay by NASDAQ
Pyxis Tankers, a Greek backed product tanker firm, has been given the green light to continue trading on the NASDAQ…
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Hanjin Shipping looks to gain $1bn from savings and sales
Like a number of compatriot lines, Hanjin Shipping is looking at drastic financial remedial action. With a debt ratio of…
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Bankrupt Korean bulker owner sees rehab plan vetoed for second time
Samsun Logix is one step nearer to oblivion. On Friday the South Korean bulker player saw its latest rehabilitation plan…
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Helios LPG Pool to operate eight VLGCs for Oriental Energy
The Helios LPG Pool has signed an agreement to operate eight VLGCs for Oriental Energy, one of China’s largest operators…
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Bumi Armada starts legal proceedings against Woodside for FPSO cancellation
Bumi Armada’s subsidiary Armada Balnaves has commenced legal proceedings against Woodside Energy Julimar after the offshore oilfield operator cancelled its…
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Concordia fixes another P-MAX product tanker on timecharter
Sweden’s Concordia Maritime has fixed another P-MAX product tanker on a three-year timecharter to an unnamed “national oil company”, commencing…
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Investors give Golden Ocean the cold shoulder
Investors, scared by the severity of the dry bulk downturn, have given John Fredriksen’s Golden Ocean a cold shoulder. Golden…
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India’s growing importance in international tanker trades
Poten & Partners latest weekly report looks at India’s effect on the tanker trades. Noting how some analysts believe India’s…
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Viking Supply Ships lays up two more PSVs
Viking Supply Ships is laying up a pair of platform supply vessels, Sol Viking and Freyja Viking, with immediate effect…
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TAS Offshore hit with termination for AHTS pair
Malaysian offshore shipbuilding and repair specialist TAS Offshore has been given a notice of termination from QMS1 Offshore Services, part…
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BP tipped to refloat tender for Mad Dog 2 semi-submersible unit
BP is looking to retender its anchor production structure for its $10bn Mad Dog 2 field development in the US…
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Nathalin snaps up aframax
Privately owned Thai owner Nathalin is eying more ships. Several brokers report the Southeast Asian tanker specialist has taken on…
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Second crewman’s body recovered from sunken tugboat on Hudson River
The body of a second crewman on a sunken tugboat in the Hudson River was recovered on Sunday. The 90-foot…
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Goldenport to sell entire fleet to Dragnis-related companies
London-listed Goldenport Holdings plans to sell its entire fleet back to entities controlled by founding family Dragnis and to dissolve…
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MOL car carrier leaks oil in LA
Mitsui OSK Lines could face a large fine from authorities in the US. Yesterday evening, one of its car carriers,…
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St Kitts & Nevis: Tonnage goals
Romford: Debasis Mazumdar, the ceo of the St Kitts & Nevis International Ship Registry, has an ambitious goal, he tells…
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DSME to issue new shares
Daewoo Shipbuilding & Marine Engineering (DSME) is planning to issue KRW600bn ($507m) in new shares this year in a bid…
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NYK creates logistics tech startup in Singapore
Japanese shipping giant Nippon Yusen Kaisha (NYK) has agreed to team with Weathernews and Kozo Keikaku Engineering to establish a…
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One dead, two missing as tugboat sinks on Hudson River after hitting barge
A tugboat crewman was killed and two others missing after the boat struck a barge and sank on New York’s…
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