International Seaways, one of the world's oil largest tanker operators, petroleum products, has completed the previously announced merger with Diamond S Shipping Inc. The combined company will continue to operate as International Seaways and trade on the New York Stock Exchange under the symbol INSW.
Japan's Nippon Yusen subsidiary NYK Cruises Co said on Friday that its luxury cruise ship Asuka II was returning to port after a passenger tested positive for the coronavirus.The ship's 295 passengers and 425 crew members will reach Yokohama, just south of Tokyo, around Saturday noon, an NYK Cruises spokeswoman said.
Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10.17 per share, or 0.
Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude FLNG platform was shut down following an electrical trip and Shell has faced a number of issues over the past few months in trying to restart full
Sri Lanka has allowed a fire-hit supertanker to sail to the United Arab Emirates, where its oil cargo would be transferred to another ship for further supplies to Indian Oil Corp, officials said.The approval for the ship to leave Sri Lankan waters has been given by the maritime rescue coordination center and it is likely to sail towards the UAE, Captain Indika De Silva said.
The owners the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard has agreed to pay 340 million rupees ($1.84 million) to Sri Lanka for its help in extinguishing the blaze and averting disaster.The interim claim is for services provided by the Sri Lankan navy, air force
Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the owner of the stricken oil supertanker New Diamond for assistance given to the vessel since it caught fire on Sept. 3, the coordinating officer to the country's attorney general said.Nishara Jayaratne said the cost was for services provided by various departments including the Sri Lankan navy, air force
A European Union naval vessel on Thursday stopped a ship that was carrying jet fuel from the United Arab Emirates to Libya on suspicion it was violating a United Nations arms embargo, EU officials said.The EU military mission, named Irini, is operating in the Mediterranean to stop arms from reach warring factions in Libya.
The Sri Lankan navy said on Tuesday an oil slick had been spotted a kilometer from a loaded supertanker carrying roughly 2 million barrels of oil that has been engulfed in intermittent fires since an explosion on September 3.Oil from the engine room of the 20-year old New Diamond tanker “appears to have leaked out to the sea” following regular bouts of water-dousing by fire-fighting vessels
Sri Lanka's navy said on Tuesday that an oil slick had been spotted a kilometer from a loaded supertanker off the country's east coast, as efforts to extinguish a fire on board continued.Sri Lankan officials are working to assess any damage to the environment and marine life from the incident, which began on September 3
Sri Lanka began towing a fully loaded supertanker on fire off its east coast after it began drifting towards land, a spokesman for the navy of the Indian Ocean nation said on Friday.The fire was still raging on the New Diamond tanker carrying about 2 million barrels of oil, said the spokesman, Captain Indika de Silva.
Offshore oil and gas driller Noble Corp said on Friday it had filed for chapter 11 bankruptcy protection to restructure debt, following a historic fall in energy prices.The company said it would swap all its bond debt, which accounts for more than $3.4 billion of its total debt, with equity in the restructured company.