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.
Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners, with the FID expected in the coming weeks.
Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.The Oslo-listed group controlled by Norwegian-born billionaire John Fredriksen returned to court along with several subsidiaries after failing to win consent from
Britain’s over-50s holidays group Saga said on Tuesday total cruise bookings stood at 140 million pounds ($191.3 million) as it prepares to restart sailing in May after a torrid year for the travel industry due to the global health crisis.Mass vaccination drives have offered hopes for a revival this year but the industry faces fresh uncertainty as new variants of the coronavirus force some
Belgian offshore installation contractor DEME Offshore has completed the installation of offshore wind turbine jackets for the 950 MW Moray East offshore wind farm in Scotland.The offshore wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL), which is a joint venture company owned by Ocean Winds ( 56.6%) Diamond Green Limited (33.4%) and CTG (10%).
Matson has taken delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off (con-ro) ships built for the U.S. carrier at General Dynamics NASSCO's San Diego shipyard. Weighing in at over 50,000 metric tons, Matsonia and Lurline are each 870 feet long, with 114 feet beam and a deep draft of 38 feet.
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
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC)
On May 31, the liquefied natural gas (LNG) carrier Diamond Gas Crystal, was delivered, built to transport LNG from LNG Canada project in British Columbia, as well as from other locations around the world, under an 18-year time-charter contract with Diamond Gas International Pte. Ltd., a wholly owned subsidiary of Mitsubishi Corporation (MC) who also has a stake in the LNG Canada project.