United States
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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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Tankers
Nordic American Tankers sells three more suezmax tankers
Nordic American Tankers (NAT) has sold three more suzemax tankers, all built in 1997, continuing its fleet sell-off of older…
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Asia
BW LPG presses Dorian board to discuss takeover bid
BW LPG has not given up in its pursuit of rival Dorian LPG. In May, the Andreas Sohmen-Pao-led gas vehicle…
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Americas
Diamond Offshore launches blockchain drilling service
Offshore driller Diamond Offshore has announced the launch of a blockchain drilling service, which it claims to be the first…
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Americas
US Supreme Court rules in favour of Schlumberger on patent breaches overseas
Schlumberger, the world’s largest oilfield services provider, enjoyed a victory in the Supreme Court of the United States (SCOTUS) with…
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Americas
Negligent homicide charge dropped against commander of USS Fitzgerald
The US Navy is dropping a charge of negligent homicide against the commanding officer of the USS Fitzgerald over the…
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Americas
Yangzijiang wins more newcastlemax orders
Brokers are reporting that American investment firm Mangrove Parners has headed to China for a series of newcastlemax bulkers. The…
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Americas
Cox Oil agrees on $322m buyout of EGC
Cox Oil, a Dallas-based offshore oil company focused on Gulf of Mexico developments, has agreed to buy Houston-based E&P firm…
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Americas
Generator fire doused on Great Lakes bulker, USCG to investigate
US Coast Guard (USCG) responded on Monday to a self-discharging Great Lakes bulk carrier that suffered a generator fire. The…
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