United States
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Americas
Eagle Bulk confirms ultramax swoop
Stamford-headquarted dry bulk owner Eagle Bulk Shipping has announced the acquisition of a 2014-built ultramax bulker for $21.2m. Splash reported…
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Americas
Ocean Rig announces raft of new contracts
George Economou’s offshore drilling outfit Ocean Rig has announced several new contracts and extensions. The company has been awarded a…
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Europe
Wilhelmsen abandons $400m Drew Marine acquisition
Norway’s Wilhelmsen has abandoned its $400m acquisition of US firm Drew Marine Technical Solutions after a District of Columbia court…
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Americas
HTM Shipping sells second ultramax to Eagle Bulk
Pure breed bulker player Eagle Bulk Shipping broke cover earlier this week, adding its first ship this year, winning the…
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Americas
Ensco secures series of new contracts and extensions
Offshore driller Ensco has secured a series of new contracts and extensions according to its latest fleet status report. The…
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Americas
Genco Shipping acquires two more capesizes
New York headquartered dry bulk owner Genco Shipping & Trading is acquiring two 2016 South Korean-built capesize bulkers for a…
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Americas
Enterprise Products Partners to develop offshore oil export terminal in Texas
Enterprise Products Partners, a Houston-based midstream energy services provider, has announced a plan to develop an offshore crude oil export…
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Asia
BW takes the proxy route in fight to take over Dorian LPG
Having made two bids to acquire rival Dorian LPG, BW LPG is plotting a different course to take over the…
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Americas
Ces Butner returns for another stint as Port of Oakland president
Port of Oakland’s governing board have elected Oakland business leader Cestra ‘Ces’ Butner as its new president, succeeding Joan Story.…
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Americas
Dorian LPG shareholder Seacor throws weight behind BW offer
Seacor Holdings, one of the founders and a major shareholder of Dorian LPG, has thrown its weight behind an acquisition…
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Asia
Hyundai Mipo secures tanker order from OSG
South Korean yard Hyundai Mipo Dockyard has secured a newbuilding order from US owner Overseas Shipholding Group (OSG) for the…
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Asia
Singapore firm cops $1m fine for polluting Hawaiian waters
Singapore’s Hai Soon Ship Management has been fined $1m and must serve a two-year probation period for failing to maintain…
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Asia
BW increases its offer for Dorian LPG
BW LPG has not given up in its pursuit of rival Dorian LPG, today submitting an increased offer for the…
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Americas
Aegean in discussions with Mercuria Energy for $1bn refinancing
Aegean Marine Petroleum Network has entered into an MOU with Mercuria Energy Group to support Aegean’s existing revolving credit facilities…
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Americas
Vantage Drilling awarded $622m in arbitration with Petrobras
Offshore driller Vantage Drilling has been successful in its arbitration with Brazil’s Petrobras with an international arbitration tribunal awarding in…
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Americas
Harvey Gulf emerges from chapter 11
Harvey Gulf International Marine has announced that it has completed its financial restructuring and emerged from chapter 11 bankruptcy proceedings,…
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Americas
Cargill to bankroll shipping’s decarbonisation
One of the largest charterers in shipping, agribusiness giant Cargill, has launched a global hunt for innovative technologies to help…
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Americas
Cargill inks time charter agreement for baby capes with CSSC Leasing
US commodity trader Cargill has entered into an agreement with CSSC Leasing, the shipowning unit of China State Shipbuilding Corporation…
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Americas
McDermott and Baker Hughes score Myanmar subsea contract
McDermott International and Baker Hughes, a GE company, have been awarded a contract by Posco Daewoo for phase two of…
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Americas
Hadjipateras turns fire on BW LPG
In the ongoing back and forth between top management at acquisitive BW LPG and its target Dorian LPG, John Hadjipateras…
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