Monthly Archives: July 2017

CGG announced the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km² in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry.

Paragon Offshore Group announced that it has emerged from bankruptcy after completing a restructuring that eliminated USD 2.3 billion of debt. The successor company to Paragon Offshore PLC , which filed for bankruptcy in February 2016 with USD 2.96 billion of debt…

The port of Antwerp handled 111,385,518 tonnes of freight during the first six months of this year, 2.8% more than in the same period last year. Container freight once more performed well after a number of exceptional years, with an increase of 2.5% in...

The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping.

​The loss of life of migrants at sea is a humanitarian tragedy that needs to be addressed through appropriate and effective action at the United Nations. International Maritime Organization (IMO) recognizes the crucial role played by both Government…

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Revalidation of permission to raise Extra Budgetary Resource (EBRs) of INR 660 crore (USD 103 mln) as Government of India Bonds by Inland Waterways Authority of India (IWAI)...

Regional tankerman service Liquid Services, LLC, is celebrating 25 years of operation on the inland waterways. In what started as a mom and pop shop in Paducah, Ky., in 1992, has flourished into a fully licensed, bonded, and dangerous liquid…