Phaethon International has chartered a panamax bulk carrier Which is owned by the Greek shipping Diana Shipping on for up to eight months with a daily rate of US $ 5,250, according to the Baltic Exchange data. Coronis (74,381 dwt, built…
Oil majors are in talks with Mexico’s state-owned Petroleos Mexicanos (Pemex) as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico, reports Bloomberg. Petroleos Mexicanos is in talks with Exxon Mobil Corp…
Kalmar, part of Cargotec, and the Yilport Oslo Terminal Investments AS in Norway, have signed a long term service agreement for Kalmar Optimal Care. The order was signed on 1 February 2016 and the Kalmar services team has already started working at the terminal…
Construction of the first ship is expected to start by early 2017 with handover to the Indian Navy by 2023. The project scope includes 7 P-17A frigates, each equipped with two MAN 12V28/33D STC engines. The building yards are Mazagon Dock Shipbuilders Ltd…
Kalmar, part of Cargotec, has been awarded the contract to heighten three ZPMC ship-to-shore (STS) cranes operated by DP World Antwerp Gateway NV. The order was booked in Cargotec's 2016 first quarter order intake, and the project is scheduled for completion during the second quarter of 2017…
Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Quoc Khanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), signed today in Moscow a number of documents to strengthen cooperation between the companies…
Algeria’s state-run oil company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, according to a Sonatrach document seen by Reuters. Sonatrach's…
Pharos Offshore strikes a 12-month deal for the former Skandi Inspector Pharos Offshore Group are in the process of mobilising the newly named DP2 Deepsea Worker with a Work Class ROV, an Observation Class ROV and a subsea excavation spread…
The Middle-East-focused marine logistics services provider Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of around $236m from a Middle Eastern national oil company. The 10…
Exxon Mobil terminates earlier the West Capella working in Nigeria in the Usan Field. John Fredriksen-backed drilling firm Seadrill Partners LLC has received a notice of termination from Exxon Mobil. In accordance with the cancellation for convenience provisions in the West Capella contract…
Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa…
Following the Maersk Group's recent announcement of its long-term commitment to create more responsible recycling options in Alang, India an agreement has been reached for the landing of the first two vessels. Maersk Line is to deliver two of its containerships…
Genting Hong Kong, a unit of Malaysia's gaming giant Genting, is building 10 cruise ships worth 3.5 billion euros ($4 billion) in anticipation of higher demand from the Chinese market. Genting has signed an order for 10 ships with the Lloyd Werft Group…
Shipbuilder ASL Marine has secured a total S$156 million worth of contracts from its shipbuilding, shiprepair & conversion, shipchartering and dredging engineering divisions. The contracts secured are mainly from repeat customers in the region as well as in the Middle East…
Wintershall Norge AS has awarded a four-year service contract to Halliburton Norge AS to support its Maria Projects in the Norwegian Sea. The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea…