Sector
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Santos delays decision on Dorado on cost concerns
Cost concerns have put on hold a final investment decision (FID) at the Dorado field in the Bedout Sub-basin offshore…
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Petrobras moves to sell an interest in exploration assets in the Potiguar Basin
Brazil’s state-owned oil company Petrobras said in a release on August 16 that it has started the process to sell…
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New Fortress Energy and Apollo complete $2bn LNG joint venture, establishing Energos Infrastructure
New Fortress Energy and Apollo have completed a previously announced joint venture, establishing a platform that now owns and operates…
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Germany secures LNG supply commitment for two FSRUs
Germany has signed a memorandum of understanding with its top utilities to ensure the supply of liquefied natural gas (LNG)…
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Gulf Navigation refinances five tankers
United Arab Emirates-based Gulf Navigation has completed the refinancing of five petrochemical tankers, under new and better terms. The 46,000…
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Liners defend existing tax systems as pressure builds
John Butler, the president and CEO of Washington DC-based liner lobbying group, the World Shipping Council, has come out with…
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Liverpool port strike to go ahead as workers reject pay deal
Hundreds of port workers at the Port of Liverpool, one of the UK’s largest container ports, will strike over pay…
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More crude tankers being taken on long-term charter
More and more crude tankers are being tied up on healthy three-year charters, a further sign of a strengthening market.…
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CARRIER53’ unpacks its goals
Hamburg’s newest shipping line has broken cover to detail its goals. Splash reported last week on the creation of CARRIER53’,…
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Ridgebury in significant fleet sell-off
Connecticut-based Ridgebury Tankers is the most notable tanker player in the S&P markets this summer. The outfit is reportedly bringing…
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Furetank and Algoma launch product tanker JV
Furetank and Algoma are entering into a joint venture agreement to construct four dual-fuel product tankers to trade in northern…
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Singapore project to develop ammonia bunkering vessel
Southeast Asian shipbuilder PaxOcean Engineering has signed a memorandum of understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine…
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Labour racketeering scheme smashed in Puerto Rico
A federal grand jury in Puerto Rico has returned an indictment charging seven defendants with running a criminal enterprise dedicated…
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Keppel lands $2.9bn FPSO contract with Petrobras
Singapore’s Keppel Offshore & Marine, through its subsidiary Keppel Shipyard, has been awarded a $2.9bn contract by Brazil’s state-owned oil…
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Eneti banks $83m from sale of entire stake in Scorpio Tankers
Monaco-based owner and operator of offshore wind vessels Eneti has sold its entire holding of around 2.16m common shares in…
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Solstad secures vessel contracts in Norway and Brazil
Norwegian OSV owner and operator Solstad Offshore has secured more work in Norway and Brazil for two of its anchor…
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Skanska seals Virginia offshore wind port deal
Swedish construction and development company Skanska has penned a contract with the Virginia Port Authority for the redevelopment of the…
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Shell, Ecopetrol find gas in Gorgon-2 ultra-deepwater well in Colombian Caribbean
Shell and Ecopetrol, 50-50 partners in three South Caribbean blocks – Col-5, Fuerte Sur and Purple Angel – have discovered…
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UK introduces new five-year maritime security strategy
The UK has launched a new five-year maritime security strategy that sets out the guiding principles for the country’s approach…
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Ciner orders four handy bulkers in China
Istanbul-based shipowner and operator Ciner Shipping has expanded its bulk carrier orderbook with a fresh handysize newbuilding deal in China.…
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