Offshore engineering and services player Subsea 7 has struck a deal with Woodside Energy for work on the Trion field development in Mexican waters of the Gulf of Mexico.
Under the contract, worth between $350m and $500m, the Oslo-listed company...
Solid amounts of rain have allowed the Panama Canal Authority (ACP) to add three extra slots per day at its panamax locks, taking the total daily maximum transits to 27, still more than 10 shy of the waterway’s normal...
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker owner and operator is using the proceeds to refinance the existing $114.1m senior secured loan with Crédit Agricole and...
New York-listed Safe Bulkers has continued its fleet renewal programme and also taken advantage of firming tonnage prices having agreed to offload two of its ships in separate deals.
The Monaco-headquartered Greek owner is shipping out the 2010-built post-panamax Panayiota K in...
Norwegian dry bulk operator Western Bulk Chartering has appointed board member Ørjan Svanevik as interim chief executive officer.
Svanevik, the former director and chief operating officer at John Fredriksen’s Setankers Management, joined Western Bulk’s board last August. He will keep...
The world’s fastest growing shipping register has doubled in size in the space of just one month.
Gabon, a small Central African nation on the Atlantic coast, was last year’s fastest-growing shipping registry, a growth trajectory that has been massively...
Oaktree-backed Norwegian owner Golden Energy Offshore Services (GEOS) has clinched a six-month extension for its large platform supply vessel (PSV) Energy Empress.
The seven-vessel strong Oslo-listed outfit said the 2019-built unit has now been fixed until October 24 this year.
The ship...
Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen to add re-liquefaction systems, hull air lubrication and new gas compressors to the gas carriers. Chevron’s LNG fleet were...
Lawyers at global liners have been busy poring over the fine print of their alliance set-ups in the week since Hapag-Lloyd shocked its peers by ditching THE Alliance to form the Gemini Cooperation with Maersk.
While speculation is rife that...
Tsakos Energy Navigation (TEN) has cashed in on one of its ageing suezmax tankers.
The New York-listed Greek player has offloaded the 2005-built Eurochampion 2004 to an unnamed buyer in a deal that is expected to contribute about $40m to TEN’s cash...
