United States
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Americas
US Maritime Administration offers nearly $10m in grants for shipyards
The US Department of Transportation’s Maritime Administration (MARAD) has made available $9.8m in grants for eligible small shipyards. Grants will…
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Americas
Odfjell hit by another American pollution violation
A subsidiary of Odfjell finds itself in hot water with the US Department of Justice once again. Singapore-based Odfjell Asia…
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Americas
AAPA says President Trump’s budget plan will see cuts to federally funded port programs
The American Association of Port Authorities (AAPA) says its analysis of US President Donald Trump’s proposed 2018 budget will mean…
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Americas
ExxonMobil extends contract for Maersk Viking drillship at reduced rate
Texas-headquartered ExxonMobil has extended its contract with Danish offshore driller Maersk Drilling for the ultra-deepwater drillship in the Gulf of…
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Europe
Scorpio Tankers picks up 27 vessels with Navig8 Product Tankers acquisition
Emanuele Lauro’s Monaco-based Scorpio Tankers has continued its relentless pursuit of fleet growth sealing a definitive agreement to merge with…
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Americas
Glencore makes Bunge takeover approach
Glencore, the mining and energy conglomerate, has made an informal takeover approach to the commodity company Bunge Limited. “Discussions may…
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Americas
Trump budget plans to axe offshore royalties for four states with Gulf of Mexico shorelines
US President Donald Trump’s budget proposal for 2018 includes repeal of Gulf of Mexico oil activity royalty payments to four…
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Americas
UK court puts Paragon Offshore in administration in latest phase of Chapter 11 process
A court in the UK has put US-based offshore rig operator Paragon Offshore in administration, the next step in the company’s…
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Asia
Cargill buys panamax pair
Cargill has bought a pair of panamaxes – a rare foray into vessel ownership for the massive dry bulk shipper.…
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Americas
Louisiana official named head of BSEE
A former Louisiana state official has been named the new head of the US Bureau of Safety and Environmental Enforcement…
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Americas
Founders of Yahoo! and PayPal invest in new bulk broking tool
Silicon Valley has come in with an initial $2.5m to support Shipamax, a new bulk broking tool. Shipamax’s founders say…
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Americas
Grain exports set to hit record high: USDA
The US Department of Agriculture’s most recent World Agriculture Supply and Demand Estimates monthly report paints a very hopeful picture…
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Americas
BOEM to offer 1.09m acres for oil and gas exploration offshore Alaska
The US Bureau of Ocean Energy Management (BOEM) on Thursday said it will offer more than a million acres for…
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Americas
Intel Connected Logistics Platform debuts in association with Honeywell
Intel on Thursday announced a new Internet of Things (IoT) offering, the Intel Connected Logistics Platform, that aims to provide…
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Americas
Harvey Gulf secures four contracts for stacked vessels
US offshore vessel operator Harvey Gulf International Marine has signed four long-term contracts for vessels currently stacked. The company’s multipurpose…
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Americas
Uber Freight launches
Taxi hailing giant Uber launched Uber Freight yesterday. The new standalone app allows truck drivers and trucking companies to search…
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Americas
AAPA chief says $66bn of federal investment needed for ports infrastructure
US ports need $66bn of federal investment in infrastructure a panel heard at Infrastructure Week in Washington DC. Kurt Nagle,…
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Americas
GulfMark Offshore commences bankruptcy case
GulfMark Offshore has commenced a chapter 11 case in the United States Bankruptcy Court for the District of Delaware as…
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Americas
Paragon Offshore expects to exit Chapter 11 by July
Paragon Offshore has sought to go into administration in the UK as part of its reorganisation plan under Chapter 11…
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Americas
GulfMark Offshore to file for Chapter 11
Troubled US offshore support vessel (OSV) operator GulfMark Offshore says it will file for Chapter 11 bankruptcy protection as part…
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