Sector
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Administrators list Zhejiang Ouhua Shipbuilding assets for auction
The administrators of bankrupt Chinese yard Zhejiang Ouhua Shipbuilding have listed the yard’s assets for sale via online auction scheduled…
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BW Offshore installs new management, secures FPSO contract extension
BW Offshore has announced a series of changes to its executive management team, effective immediately. Marco Beenen has assumed the…
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De Chateauvieux back at the top at Bourbon
Jacques de Chateauvieux is determined to be front and centre of the restructuring of his OSV firm, Bourbon. The founder…
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Eidesvik seismic vessel contract terminated by CGG
Eidesvik Offshore and CGG have agreed to terminate the contract for seismic vessel . Payment of the charter rate will…
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KS Drilling awarded jackup contract, cancels Cosco newbuild
Singapore’s KS Drilling has been awarded a contracts for one of its jackup rigs, while also announcing the termination of…
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Prosafe awarded Brazilian contract by Equinor
Offshore accommodation specialist Prosafe has been awarded a contract for by Equinor Brasil Energia for gangway connected operations supporting maintenance…
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EMGS clinches survey contract with BP
Offshore survey service provider Electromagnetic Geoservices (EMGS) has been awarded a contract by BP for a proprietary CSEM survey, offshore…
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CSIC secures $2.08bn worth of new contracts
China Shipbuilding Industry Corporation (CSIC) has held a grand signing ceremony today for RMB14.3bn ($2.08bn) worth of new deals including…
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Bahri commits to new Saudi yard with VLCC order
Saudi Arabia will soon be able to build VLCCs on home soil. Saudi owner Bahri has signed an MOU with…
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MOL in Japan first, offering sustainability bonds to individual investors
Next month Mitsui OSK Lines (MOL) will become the first company in Japan to issue sustainability bonds aimed at individual…
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Six arrested for Fujian Shipping bulker gas leak incident
Shandong Rongcheng Procuratorate has arrested six suspects as investigations continue into a carbon dioxide leak incident which occurred on the…
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Ocean Yield acquires and charters back CMB newcastlemax
Norwegian owner Ocean Yield has agreed to acquire a 206,000 dwt newcastlemax newbuilding from Belgian owner CMB for a price…
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Grindrod Shipping seals handysize sale and leaseback
Nasdaq-listed Grindrod Shipping has sealed a sale and leaseback transaction with a Japanese shipowner for 2010-built 33,100 dwt handysize drybulk…
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Sapura Energy awarded $241m worth of new contracts
Malaysia’s Sapura Energy has secured 10 contracts worth a total of RM1bn ($241m). The new awards include the company’s first…
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Icon Offshore sued by Labuan Shipyard & Engineering over PSV newbuilding
Malaysia’s Icon Offshore has announced that Labuan Shipyard & Engineering (LSE) filed a lawsuit against its wholly-owned subsidiary Icon Ship…
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MPA suspends bunker licence of Inter-Pacific Petroleum
Singapore’s Maritime and Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum from June 27. MPA…
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Marseille names street in honour of CMA CGM’s founder
Marseille yesterday named a street after one of its greatest adopted sons. Stretching 2 km from the CMA CGM Tower…
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W&T Offshore acquires ExxonMobil properties in the Gulf of Mexico
W&T Offshore has agreed to acquire ExxonMobil’s interests and operatorship of oil and gas producing properties in the eastern region…
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Details emerge of Hoegh Autoliners anti-trust case in the US
Two former Hoegh Autoliners executives have been indicted in Baltimore in an ongoing anti-trust case that has snared many of…
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Coastal Bulk Shipping secures grain shipping contract with Malteurop
Coastal Bulk Shipping has the signed a long-term partnership with New Zealand’s Malteurop to transport a major portion of the…
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