Japanese Consortium Gains Nearly $2 Billion in Financing for Wheatstone LNG Development
TOKYO–Japan Bank For International Cooperation has signed a contract to lend up to $1.927 billion dollars to a Japanese consortium that owns a minor
TOKYO–Japan Bank For International Cooperation has signed a contract to lend up to $1.927 billion dollars to a Japanese consortium that owns a minor
The burnt out MSC Flaminia, along with the small flotilla of firefighting tugs, have anchored off the British coast as crews work to extinguish any leftover
(Bloomberg) — Losses widened for oil tankers hauling 2 million-barrel crude cargoes on the industry’s benchmark route to Asia from the Persian Gulf
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. plunged to its lowest level since 2010 in Hong Kong trading after the U.S. Securities
(Bloomberg) — The number of cargoes booked on Panamax bulk carriers, the largest to transit the Panama Canal, slumped 33 percent in July amid slowing
67 years ago, USS Indianapolis (CA-35) arrived at the Pacific island of Tinian to deliver the firing mechanism and uranium-235 material for the first atomic
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Knightsbridge Tankers Limited (Nasdaq:VLCCF) announced today that two of its charterers, Hong Xiang Shipping Holding Co Limited and Sanko Steamship, have
(Bloomberg) — India’s Supreme Court ruled that the ship that spilt millions of gallons of oil in waters off Alaska in 1989 can be recycled in the
(Bloomberg) — China National Offshore Oil Corp. won government approval to build another liquefied natural gas terminal in southern China’s
In their recent SEC filing, Vantage Drilling Company (NYSE: VTG) reports carrying over $2 billion in long term debt, nearly double last year’s figure
In 1892, the first steamer “Cremon” set sail for Montreal flying the Hapag flag. Today, Hapag-Lloyd is the largest container carrier in Canada,
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Sign UpTwenty-two nations, more than 40 ships and submarines, more than 200 aircraft and 25,000 personnel are currently participating in the biennial Rim of the
BRASILIA–Brazil’s state-controlled oil company Petrobras (PBR, PETR4.BR) Friday launched a program to increase efficiency at its operations in
The ex-USS Kilauea, a former ammunition ship and a later staple of the Military Sealift Command for almost 30 years, was sunk earlier this week at the hands of
RIO DE JANEIRO–Brazilian shipbuilder and oil-field-services company OSX Brasil SA (OSXB3.BR), part of billionaire businessman Eike Batista’s
The death toll in the chemical tanker fire in Malaysia has risen to three after two more bodies were recovered from the water not far from the burning tanker.
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Employers Start Here Jobseekers Start HereTsakos Energy Navigation Limited (TEN) announced a new two-year time charter extension today for their 2008 built, 105,392 dwt, double hull aframax tanker,
(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the
Singapore-based shipping company, Swire Pacific Offshore, has accepted delivery of the Pacific Orca, which at 161 meters in length, is the world’s
RIO DE JANEIRO–Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore
Three people, including the Master, have been charged with manslaughter in connection with last weeks ferry sinking off the coast of Zanzibar that may have
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