United States
-
Americas
Golden Ray to be dismantled in place
Salvage experts in the US have decided it’s too difficult to right and refloat the , which capsized five weeks…
Read More » -
Americas
MISC bags Exxon LNG charter deal
Malaysia’s MISC has secured agreements with Exxon Mobil’s wholly-owned subsidiary, SeaRiver Maritime, for 15-year time charter contracts for two of…
Read More » -
Americas
International Seaways cashes out of Nakilat LNG joint venture
New York-listed shipowner International Seaways (INSW) has sold its 49.9% stake in its joint venture with Qatar Gas Transport Company…
Read More » -
Americas
Eagle Bulk secures increase to loan facility
US dry bulk vessel operator Eagle Bulk has secured a $34.3m incremental term loan under its existing five-year senior secured…
Read More » -
Greater China
Intertanko boss warns on ‘untouchable’ Chinese VLCC fleet
The US sanctions on tankers belonging to state-backed Cosco and Kunlun have created a fleet of “untouchable” VLCCs, the president…
Read More » -
Americas
Mike Webber returns with his own research firm
One of shipping’s best known analysts is back with his own firm. Mike Webber, who resigned from Wells Fargo Securities…
Read More » -
Americas
Pangaea orders two more post-panamax bulkers at GSI for Baffinland contract
Nasdaq-listed Pangaea Logistics Solutions has taken an option to add another two vessels to its order for ice class post-panamax…
Read More » -
Americas
Oceaneering awarded decommissioning work offshore Canada
Houston-based Oceaneering International has been awarded a contract to support a decommissioning project off the east coast of Canada. Oceaneering’s…
Read More » -
Americas
Excelerate Energy takes Maran Gas FSRU on long-term charter
Texas-based Excelerate Energy has sealed a five-year bareboat charter with John Angelicoussis’s Maran Gas Maritime for floating storage regasification unit…
Read More » -
Greater China
Tanker markets roiled as charterers ditch ‘toxic’ Cosco
The latest US sanctions imposed on six Chinese companies, including two subsidiaries of state-run shipping giant Cosco, are roiling the…
Read More » -
Americas
Excelerate get approval for Bay of Batangas FLNG
Texas-headquartered Excelerate Energy has received approval from the Philippine Department of Energy (DOE) to proceed with a floating LNG import…
Read More » -
Americas
American 48-year-old boxship reactivated
The world’s oldest containership of over 500 teu has been reactivated after 11 months in lay-up. The American flagged, 48-year-old…
Read More » -
Americas
FDX Offshore takes over Womar Logistics
US maritime finance firm FDX Offshore, backed former GE Capital chairman Denis Nayden, has acquired Singapore-based pool operator Womar Logistics.…
Read More » -
Asia
McDermott awarded Myanmar FEED contract
Houston-headquartered McDermott International has been awarded a front-end engineering design (FEED) contract by Posco for the Shwe Phase 3 gas…
Read More » -
Americas
UN told shipping’s decarbonisation will take place on land
Shipping’s brave new zero emissions world will be achieved on land, not at sea, top names attending the UN Climate…
Read More » -
Americas
Capsized car carrier off Brunswick leaks bunker fuel
The 2017-built, 7,700 ceu car carrier , which capsized near the American port of Brunswick earlier this month, has leaked…
Read More » -
Americas
McDermott moves to sell Lummus Technology
Houston-headquartered McDermott International has received unsolicited approaches to acquire all or part of its technology business Lummus Technology. Due to…
Read More » -
Operations
Top management take control at Ardent
A partial management buy-out at salvage giant Ardent sees top management take a significant shareholding from co-owners Svitzer and Crowley.…
Read More » -
Americas
Talos Energy forms exploration partnerships with BP and ExxonMobil
Houston-based Talos Energy has entered into two separate agreements with BP and Exxon Mobil regarding new exploration opportunities in the…
Read More » -
Americas
American Ethane Company closes in on bumper Chinese ethane carrier order
Ethane shipping has dominated headlines at this week’s Gastech in Houston, the world’s largest gas exhibition with a host of…
Read More »