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  • Petrobras starts production of Búzios field, Santos Basin
    Petrobras started (20/4) the production of the Búzios field, in the pre-salt of the Santos Basin, through the platform P-74. Búzios is the first field in production under an Onerous Assignment regime. The P-74 is located about 200 km off the coast of the state of Rio de Janeiro…

  • USCG Cutter Seizes $200m in Cocaine
    The crew aboard the U.S. Coast Guard Cutter Steadfast (WMEC-623) returned home Friday to Astoria after a 60-day counternarcotic patrol in the Eastern Pacific Ocean. While patrolling international waters off the coast of Mexico and Central America…

  • Hazira Port Breaches 500K TEU Mark
    Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20.7% over 2016-17.

  • Star Bulk Acquires 16 Ships
    Star Bulk Carriers Corp. agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately…

  • USCG Cutter Richard Snyder Commissioned
    The Coast Guard commissioned North Carolina's first Fast Response Cutter, the Richard Snyder, during a ceremony in Atlantic Beach. FRCs feature advanced command, control, communications, computers, intelligence, surveillance, and reconnaissance…

  • Mark Chu Steps Down as COO of Seaspan
    Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities.

  • Samskip Nor Lines' Service to Call Rotterdam
    Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1st. The service is provided by Nor Lines' state of the art, LNG-fuelled vessels MV Kvitnos and MV Kvitbjorn.

  • IMarEST CEO David Loosley Appointed to Government Maritime Panel
    Working in partnership with industry, the government aims to challenge the sector to think about what it will look like in 2050. This vision will reinforce the development of Maritime 2050, a long-term strategy by the end of 2018 that emphasises the opportunities for the UK maritime sector.

  • Diana Shipping TC for m/v Arethusa with Glencore
    Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Arethusa. The global shipping…

  • Star Bulk Carriers Acquires 16 Vessels
    Star Bulk Carriers Corp announced that it has agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has…

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