Ocean Rig Poseidon News

 

Global Ship Lease Closes Poseidon Containers Deal

Nov 15, 2018

Marshall Islands-based Global Ship Lease (GSL) announced that it has completed the proposed merger deal with Greece's Poseidon Containers.According to a release from GSL, the combined company will have a fleet of 38 vessels with a total capacity of 198…

Poseidon Containers Inks TC with CMA CGM

Nov 09, 2018

The containership charter owner Global Ship Lease (GSL) announced that Poseidon Containers, with which it has entered a definitive merger agreement, has agreed five-year time charters with CMA CGM for four of its 6,927 TEU containerships, Mary…

Global Ship Lease Merges with Poseidon Containers

Oct 30, 2018

Global Ship Lease, Inc., Poseidon Containers Holdings LLC and K&T Marine LLC has announced that they have entered into a definitive merger agreement for a stock-for-stock transaction representing a total transaction value of over $780 million…

Poseidon Navigation Services Inks Deal with Hapag-Lloyd

Oct 15, 2018

Global container carrier Hapag-Lloyd has appointed Poseidon Navigation Services Ltd as the supplier of all Chart Management Services for the fleet managed by Hapag-Lloyd Hamburg.The appointment, announced after an in-depth evaluation process…

Ocean Rig Announces New Contracts

Jul 23, 2018

The international contractor of offshore deepwater drilling services Ocean Rig UDW  has entered into a new drilling contract with Chariot Oil & Gas Limited for a one-well drilling program, for drilling offshore Namibia.The contract is expected…

Ocean Rig Postpones SHI Drillship Delivery Till 2020

Jul 01, 2018

International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild drillship Ocean Rig Crete to September 2020.'Our subsidiary, that is party…

Pankaj Khanna Appointed As CEO of Ocean Rig

Dec 31, 2017

Pankaj Khanna has been appointed as President and Chief Executive Officer of Ocean Rig UDW, a global provider of offshore deepwater drilling services,  effective January 1, 2018.  Khanna is 47 years old with 29 years of varied experience in the maritime & offshore industry…

Euroseas Acquires New Vessels

Oct 02, 2017

Euroseas  announced that it took delivery of M/V EM Athens, a feeder containership of 2,506 teu built in 2000 that the Company agreed to acquire last month from Euromar, a wholly-owned subsidiary of the Company that previously was partially owned by the Company…

World's First Offshore Fish Farm Rig

Jun 22, 2016

World's First Offshore Fish Farm Rig: Designed by Global Maritime - Owned by SalMar - Built by Qingdao Wuchuan Heavy Industries - Moored by Rolls-Royce Rolls-Royce signed a contract for the construction and delivery of an eight point mooring…

Shipping Exec Indicted for Price Fixing

Jun 08, 2016

Another ocean freight executive has been indicted for participation in a long-running conspiracy to restrain trade in international ocean shipments of roll-on, roll-off cargo to and from the Port of Baltimore and elsewhere in the United States…

DryShips Posts Profit for 1Q

May 20, 2016

Greece-based DryShips Inc. (DRYS) reported first-quarter of 2016 net income of $55.4 million, after reporting a loss in the same period a year earlier.  The company said it had profit of $2.05 per share. Losses, adjusted for non-recurring gains…

Ocean Rig buys Cerrado drillship

Apr 26, 2016

Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil, following its owner Brazil-based Schahin Group bankruptcy declaration last April…

EPE, ERMA FIRST Named Green Award Incentive Providers

Apr 04, 2016

Two companies headquartered in Greece, EPE (Environmental Protection Engineering) S.A. and ERMA FIRST S.A., have become of Foundation, as of April 2016.  The handover ceremony took place on March 31, in Piraeus, in the head offices of EPE…

Ocean Rig Loses Two Drilling Contracts

Feb 16, 2016

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced  that two of its drilling contracts have been terminated.  The Nasdaq-listed drilling affiliate of DryShips said that Total E&P Congo has terminated…

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Feb 13, 2016

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean…

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