NS United Kaiun Kaisha (NSU) resolved early cancellation of dry-bulk ship time charters due to unfavourable economic market conditions.The cancellation will result in appropriation of extraordinary loss in Q3 2013.Reason for the cancellationsThe…
Cheniere Energy Partners' subsidiary Sabine Pass Liquefaction signs a LNG sale and purchase agreement with Total Gas & Power North America.Cheniere Partners owns 100 percent of the Sabine Pass LNG terminal located on the Sabine Pass Channel in western Cameron Parish…
SeaMar Shipping awarded long term Inspection, Repair & Maintainance (IRM) contract by GDF Suez for its OSV 'SeaMar Splendid'.The SeaMar Shipping vessel has been awarded a five-year contract with GDF SUEZ E&P Nederland B.V. to support its…
Cargotec has secured a comprehensive MacGregor offshore equipment contract for six platform supply vessels (PSVs) from Fujian Southeast Shipyard in China.The vessels are being built for leading US offshore support vessel owner, Tidewater Marine LLC…
Aker Solutions sign contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf.The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame agreement…
The very large crude oil carrier (VLCC) 'Takamatsu Maru' has arrived at the Kawasaki refinery of TonenGeneral Sekiyu K.K.The 158,000 dwt tankship was chartered by TonenGeneral Sekiyu K.K. from NYK Lines, after the company purchased virtually all of Exxon Mobil Corporation’s Japan business…
Seadrill - North Atlantic Drilling Ltd. announces extension of Statoil contract for the harsh environment jack-up rig 'West Epsilon'.North Atlantic Drilling Ltd., a majority owned subsidiary of Seadrill Limited, announce that Statoil has…
Statement by FMCS Director George H. Cohen on East Coast Ports Labor Negotiations. The following is being released by Federal Mediation and Conciliation Service: 'FMCS Director George Cohen has called a meeting of the ILA and the Maritime…
Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery.The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd…
Within days of eachother Deep Ocean secures subsea offshore contracts in Australia, and in the North Sea.North Sea Contract:DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, contracted by Statoil AS for the installation and…
Small scale LNG: GDF Suez takes positions in this high potential market with capacities in Zeebrugge, Belgium, LNG terminal.GDF Suez continues to develop its small scale liquefied natural gas (LNG) activities in North West Europe following…
The Federal Mediation and Conciliation Service (US) calls meeting & parties in conflict over East Coast ports new contract agree to attend.Statement by FMCS Director George H. Cohen on East Coast Ports Labor Negotiations:“FMCS Director…
Buccaneer Energy contextualizes termination of its contract with Archer Drilling as project manager of work on one of its jack-up rigs.The contract was for Archer Drilling to act as project manager of modifications and repairs to the Endeavour…
Market analysis suggests winter demand could cause LNG freight rates to rise but downward pressure might later be forthcoming.Rising LNG prices, almost stagnant liquefaction capacity amid expanding regasification capacity and development…
Diana Shipping Inc. signs MOU to buy a new-building bulk ship from a third party; subsidiaries negotiate term loan facilities.The new-building Kamsarmax dry bulk carrier, to be named Myrto of 82,131 dwt, was built by Tsuneishi Shipbuilding Co…
