Norway-based offshore support vessel firm Solstad Offshore has won a charter deal for its construction support vessel Normand Jarstein.The contract is with the subsea services firm DeepOcean AS.The Normand Jarstein vessel (ex-Rem Pioneer) will support ...
Read more
Fleet Renewal: Safe Bulkers to Buy Three 82,000 dwt Bulk Carriers
Dry bulk cargo shipping company Safe Bulkers, Inc. has agreed to acquire three Japanese dry-bulk 82,000 dwt, Kamsarmax class vessels as part of its fleet renewal plans.The company, which ships coal, grain, and iron ore using its cargo ship fleet…
Read more
Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo
Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters lon...
Read more
U.S. FMC Announces Ocean Carriers Audit Program
The Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular…
Read more
Buyers Reportedly Line-up for a Crack at Seadrill
Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the…
Read more
OMSA Goes on the Offensive to Document Jones Act Violations
Offshore Marine Service Association (OMSA) launched a vessel dubbed the Jones Act Enforcer, a boat that will be used to gather video and photographic evidence of Jones Act violations, the organization reports. In turn, evidence of violations will be su...
Read more
SOS: Stranded, Shattered Seafarers Threaten Global Supply Lines
"I've seen grown men cry," says Captain Tejinder Singh, who hasn't set foot on dry land in more than seven months and isn't sure when he'll go home."We are forgotten and taken for granted," he says of the plight facing tens of thousands of seafarers li...
Read more
Report says BHP Mulls Oil & Gas Exit
Global miner BHP Group is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels, Bloomberg News reported on Tuesday, citing people familiar with the matter.The world's biggest…
Read more
Perenco, SNH to Increase Utilization of Golar’s Hilli Episeyo FLNG
Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG…
Read more
Great Lakes-St. Lawrence Seaway System Sees Surge in Construction Material Shipments
U.S. Great Lakes ports and the St. Lawrence Seaway have experienced a rise in cargo shipments to feed domestic construction and manufacturing activity and global export demand, according to the latest June figures.The Great Lakes-Seaway System serves a...
Read more