The offshore oil and gas producer Energy XXI bankrupted due to the prolonged oil price drop. The company submitted Chapter 11 bankruptcy protection, b...
Electromagnetic Geoservices cut 15% of headcount
The Norwegian geoscience company Electromagnetic Geoservices (EMGS) cut 15% from headcount in attempt to complete restructuring program and to cut cos...
Throughput at Port of Hamina-Kotka increased by 5.1% yoy in Q1 2016
The cargo throughput at Port of Hamina-Kotka increased by 5.1% yoy in Q1 2016, amounting to 3.46 million tons. The export of the port increased by 7.3...
India ready to invest 20 billion USD in offshore field Farzad-B
India ready to invest 20 billion USD in development of industrial infrastructure at Farzad-B offshore field in Persian Gulf. During the weekend, the I...
Crude carrier Nordic Freedom attacked by pirates at Agbami oil field
The crude carrier Nordic Freedom was attacked by pirates in Gulf of Guinea on 80 nautical miles off Brass, Nigeria. The vessel was adrift under ballas...
Fire erupted at Exxon Mobil’s refinery and chemical plant in Texas
Fire erupted at Exxon Mobil’s Baytown Refinery and Chemical Plant in Texas, USA. The fire started in a hydrotreating facility, where the diesel is pro...
MSC Cruises ordered four newbuilding at STX Shipyard in France
The cruise company MSC Cruises posted order for construction of four modern and large cruise ships at STX Shipyard in Saint-Nazete, France. The total ...
Norske Shell awarded with charter contract two vessels of Island Offshore
Norske Shell awarded with charter contract Island Offshore for anchor handling tug supply vessel Island Valiant and riserless light well intervention ...
Container ship Annaba was fined for violations of pollution prevention regulations
The container ship Annaba was fined for violations of pollution prevention regulations by Bremen water police. The vessel was detained in Bremerhaven ...
Capesize bulk carrier Sea Triumph caught fire in Rotterdam
The Capesize bulk carrier Sea Triumph caught fire at the port of Rotterdam during cargo handling operations. The fire started in the cargo holds of th...