The Ocean Network Express (ONE) Madrid Bridge lost around 60 containers overboard with a further 80 damaged. The 13,900 teu Madrid Bridge suffered a container collapse on 7 January in the North Atlantic while bound for New York as part of its EC4 service. Based on...

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The European Commission (EC) has prohibited Hyundai Heavy Industry Holding’s (HHI) acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) under EU Merger regulations. The regulator said this was the tenth merger it had blocked in the past 10 years, out of...

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Teekay Corporation announces the closing of the previously announced merger of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) with investment vehicles managed by Stonepeak (the Merger). As part of the Merger, Teekay sold all of its ownership interest in Teekay LNG,...

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Titan LNG has secured the tender for the delivery of LNG in the Port of Marseille for Corsica Linea’s new Ro-Pax LNG-fuelled ferry, A Galeotta. This partnership marks the significant expansion of Titan’s operations into the Mediterranean which will enhance the...

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Brazilian oil and gas company Enauta has stopped production from the Atlanta field, located offshore Brazil, for inspection and repair following a pipeline issue. Enauta disclosed the preventive stoppage of production at the Atlanta field on Thursday. The firm...

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