Diamond Offshore to Release Quarterly Fleet Status Report
Diamond Offshore Drilling, Inc. informs it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings. Diamond Offshore has historically issued its fleet status reports on a monthly basis, but has decided to change to quarterly reporting to better protect sensitive customer and contract information in light of competitive dynamics in the offshore drilling industry, the company explained.
Canada Proposes New Rules for Dangerous Cargo
Canada’s Minister of Transport Lisa Raitt proposed new amendments to the Transportation of Dangerous Goods Regulations that would enhance reporting requirements and expand data collection.
Asia Tankers-VLCC Rates Softening
Owners waiting for charterers to release July cargoes next week. programme, brokers said. "Rates are rolling, skidding by half a point a day," said one Singapore VLCC broker on Friday.
Hyundai Merchant Marine sheds Asset to Cut Debt
South Korea's Hyundai Merchant Marine Co Ltd (HMM) will sell a major stake in stock brokerage Hyundai Securities Co Ltd for 647 billion won ($579.84 million) to…
China's Lone Aircraft Carrier Drills at Sea
China's sole aircraft carrier conducted exercises on Friday, the navy said without specifying its location, amid escalating disputes over maritime territory with some of China's Asian neighbours.
GS Caltex Buys Rare West African Crude Cargo
GS Caltex to buy 920,000 barrels of West African crude; first West African shipment in almost a year. South Korea's GS Caltex Corp is set to receive its first shipment…
Kalmar Bags 9 RTG Order for Piraeus Container Terminal
Kalmar, part of Cargotec, has signed a second repeat order for additional nine all-electric rubber-tyred gantry cranes (ERTGs) with Piraeus Container Terminal (PCT) S.A.
Paris Climate Summit - A Missed Opportunity
As the annual Antarctic Treaty Consultative Meeting (ATCM) closed today in the Bulgarian capital, the Antarctic and Southern Ocean Coalition (ASOC) called the meeting’s…
Navy Christens Littoral Combat Ship Gabrielle Giffords
The Navy will christen its tenth littoral combat ship (LCS), the future USS Gabrielle Giffords (LCS 10), during a midday ceremony June 13 at Austal USA shipyard in Mobile, Alabama.
Dun & Bradstreet to Focus on Core Commercial Strategy
Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million.
Women's Leadership Symposium on Progress & Possibilities
The Sea Service Leadership Association (SSLA), a national nonprofit organization dedicated to the mentorship and development of military leaders, hosted a women's…
DNV GL Rejigs Top Deck
DNV GL Group has appointed Tor Svensen as Group Executive Vice President. Knut Ørbeck-Nilssen will succeed Tor Svensen as Chief Executive Officer of its Maritime business area.
SDSU Scientists Track Global Warming In Ice Patterns
SDSU scientists analyzed a half-mile slice of Western Antarctica ice core to help determine that climate change begins in the Arctic and moves southward, according…
Woman Sentenced for Making Hoax Distress Call
A Chicago woman was sentenced in federal court Thursday for making a false distress call nearly two years ago which led to several agencies launching a dangerous…
Panama Canal Expansion: Filling of New Locks Begins
The Panama Canal has taken another important step forward toward the completion of the Expansion Program as it begins to fill the lower chamber of its new Atlantic locks.
Container Shipping Capacity Threat for Profitability
The rapid expansion of container shipping capacity this year threatens to reverse the strong profitability ocean carriers showed in the first quarter, Drewry Shipping Consultants Ltd said.
Ports of LA, Auckland, Guangzhou Form Alliance
The Port of Los Angeles, Ports of Auckland in New Zealand and Guangzhou in China have signed a memorandum of understanding (MOU) a ground-breaking Tripartite Economic…
Euronav to Acquire Metrostar VLCCs
The world’s largest listed crude-tanker operator Euronav is planning to buy 18 tankers for around $1.2 billion in one of the biggest deals involving oil carriers this year, reports WSJ.
Shell Barge Arrives in Alaska
The Arctic Challenger, an oil spill containment barge, that had left Bellingham, north of Seattle, and was headed toward Dutch Harbor, in Unalaska, off mainland Alaska…
CCCC Forms Dredging Group in Shanghai
The state-owned infrastructure group China Communications Construction Corporation (CCCC) has established CCCC Dredging at Shanghai’s Free Trade Zone. CCCC Dredging…
