Vard terminates REM Offshore newbuilding contract

Shipbuilder Vard has terminated a newbuilding contract with REM Offshore as part of the latter’s...

Pacific Radiance terminates PSV contracts at Chinese shipyards

Pacific Radiance’s wholly-owned Pacific Crest has commenced arbitration proceedings against Chinese shipyards...

Euronav terminates suezmax joint venture

Euronav has terminated a joint venture with Bretta Tanker Holdings for a joint venture covering four suezmax...

Marco Polo Marine terminates $214.3m rigbuilding contract at Sembmarine

Singapore’s Marco Polo Marine has unilaterally terminated a $214.3m rig order at Sembcorp Marine’s PPL ...

Cosco Shipping terminates new share issue plan

Cosco Shipping has announced that it has applied with China Securities Regulatory Commission to terminate the...

Petrofac terminates $1bn deepwater construction vessel contract at ZPMC

Oil and gas service provider Petrofac has announced that it has terminated a contract with Chinese builder...