GAIL India has deferred a USD 7-billion tender for hiring nine newly-built ships to ferry liquefied natural gas (LNG) from the US by one month. Bids for the tender were to close on February 29 but now have been extended to March 31. The…
Singapore’s offshore chartering group Otto Marine has bagged a OSV chartering contract worth up to $68.5m from an international oil and gas E&P firm. The charter, inked by Otto Marine’s wholly-owned Go Offshore, is for a 100-tonnes bollard…
As widely reported in the maritime press, the United Kingdom's Supreme Court has granted an expedited hearing to Product Shipping & Trading's case against the collapsed OW Bunker (the Res Cogitans). The hearing will take place on 22 March…
Cargill and MV Cargo formalized their intention to construct a grain terminal in the port of Yuzhny on the Black Sea coast in Ukraine by signing a Share Purchase Agreement (SPA). The signing ceremony was held in Ukrainian Prime Minister Arseniy Yatsenyuk‘s cabinet office in the presence of the U…
Members of the Singapore Shipping Association (SSA) have read with interest the recent announcement by the Singapore Exchange Ltd (SGX) in its bid to acquire the Baltic Exchange. Mr Esben Poulsson, President of SSA said: “We understand that for some time…
Woodside's affiliate, Woodside Energy (USA) Inc. (WUSA), has entered into a Project Development Agreement (PDA) with Sempra LNG & Midstream (Sempra), an affiliate of Sempra Energy (NYSE: SRE).Under the PDA, WUSA and Sempra will continue…
AkzoNobel has announced the issue of more than 126,000 carbon credits worth more than $500,000 – the first to be awarded under the company’s landmark scheme for the shipping industry – which was developed in conjunction with the Gold Standard Foundation and the Fremco Group…
Three heavy weights have come together in the Middle East to promote LNG as marine fuel in the region - Qatargas, the Maersk Group and Royal Dutch Shell Plc signing a memorandum of understanding to explore future opportunities. All three…
International accountant and shipping adviser Moore Stephens has warned that shipping sector employers need to take action to ensure that they meet their compliance obligations following a recent ruling by the High Court in London that peripatetic ships’ crew living in the UK…
Singapore-listed Otto Marine has announced that its offshore shipyard has branched out to secure three new shipbuilding contracts worth $23m in total. New contracts came along with Group's efforts in diversifying and expanding product portfolio in a weak market…
Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with Dolphin Energy for drilling rig services. The contract was signed by Mubarak A al-Hajri…
Diana Shipping has chartered the 73,630 dwt, 2004-built panamax, Protefs to Transgrain shipping for 12 – 16 months at a rate of $4,500 per day minus 5% commission. This employment is anticipated to generate approximately US$1.55 million…
Nicaraguan Tourist Agency selects Damen CSD350 dredger for 200 km internal waterway project. A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger…
The Department of Transportation and Communications (DOTC) has moved the bid submission for the Davao Sasa Port Modernization public-private partnership (PPP) project to March 28 from Feb. 26 to give interested firms more time to prepare their offers…
ATLAS Knowledge Group has reported robust financial results for 2014/15, with continued growth and further international expansion set to continue.A provider of learning, compliance and competency solutions to safety critical industries…