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Asian Capesize Bulk Carrier Glut Deepens

Asian Capesize Bulk Carrier Glut Deepens

Rates for capesize bulk carriers, which are close to six-year lows, could show only slight improvement next week as the glut of available tonnage may outweigh any uptick in chartering after the end of the Lunar New Year hol...

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VT Halter Launches ATB Tug for Bouchard

VT Halter Launches ATB Tug for Bouchard

VT Halter began construction on this unit in January 2014 and plans delivery for June 2015, when the unit will enter into Bouchard’s fleet service in New York....

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Sonardyne Achieves Worldwide OHSAS 18001 Accreditation

Sonardyne Achieves Worldwide OHSAS 18001 Accreditation

Subsea technology company Sonardyne International Ltd. announced today that its UK sites in Yateley, Aberdeen and Plymouth have been awarded OHSAS 18001 Safety Management Syste...

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New LNG Carrier Papua Delivered to Serve PNG LNG Project

New LNG Carrier Papua Delivered to Serve PNG LNG Project

Mitsui O.S.K. Lines, Ltd. announced the delivery of the LNG carrier Papua by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.  on January 30. ...

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Iron Ore Keeps Capesize Rates High

Iron Ore Keeps Capesize Rates High

In the first three quarters of 2014, Brazilian iron ore exports have gone up by more than 6% on a global scale and since a growth of 10% is expected for the full year, Q4 appea...

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Mexico’s Naviera Integral orders two Damen FCS 4008

Mexico’s Naviera Integral orders two Damen FCS 4008

Naviera Integral, a Mexican company specialising in offshore transport and supply services with a fleet of 35 vessels, has ordered two Damen’s new sea axe fast crew suppl...

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New client for ‘Transocean Leader’

New client for ‘Transocean Leader’

Offshore drilling contractor Transocean has won new contracts worth around $610 million, the company has said in its fleet status report for September 2014....

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Total’s Moho Nord project

Total’s Moho Nord project

Total, French oil and gas giant, has launched an infographics showing its Moho Nord development in Congo. ...

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Kvaerner in Statoil Unmanned Platform Project

Kvaerner in Statoil Unmanned Platform Project

Kvaerner say that Statoil has awarded it a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project. ...

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Apache wraps up drilling at Phoenix South discovery

Apache wraps up drilling at Phoenix South discovery

Apache has completed drilling operations at its Phoenix South-1 well, in the North West Shelf in Western Australia. ...

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