Sector
-
Containerised fuel cell power generator project presses ahead
Norway’s TECO 2030 has received an approval in principe (AIP) from DNV for a containerised fuel cell power generator (FCPG)…
Read More » -
Kotug pens deal with Padmos for construction of electric pusher tugs
Offshore towage specialist Kotug International has signed a framework agreement with Padmos for the construction of the entire lineup of…
Read More » -
Panama Canal restrictions set to ease as rains roll in
Weather forecasts have plenty of rain heading Panama’s way with many in international shipping predicting that the worst has now…
Read More » -
Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
Read More » -
Liner Cape diversions equivalent to a trip to the Moon every week
Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi…
Read More » -
MSC faces $63m penalty in US regulatory dispute
Mediterranean Shipping Co (MSC) is looking at a potential $63m fine in the US for alleged violations of the Shipping…
Read More » -
US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
Read More » -
British shipyard to close
A British shipyard is closing. A&P Tees is a five-acre site in northeast England primarily focused on ship repair with…
Read More » -
HD Hyundai unveils novel gas containment material
HD Hyundai is developing a plastic rival gas containment system to today’s dominant supplier, Gaztransport & Technigaz (GTT). South Korea’s…
Read More » -
DP World teams with Rumo for new $500m grain and fertiliser terminal at Brazil’s Santos port
Dubai-based terminal operator DP World has partnered up with Brazilian railway operator Rumo to build a grain and fertilizer terminal…
Read More » -
Scott McReaken quits Fredriksen’s rig companies
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off…
Read More » -
Aramco suspends contract for another jackup rig
After Saudi Aramco already suspended deals with several rig owners, New York-listed offshore driller Valaris announced that its Saudi joint…
Read More » -
Golden Energy Offshore finds work for PSV duo
Norway’s Golden Energy Offshore Services (GEOS) has won new short-term contracts for two of its platform supply vessels (PSVs). The…
Read More » -
Sapura Energy awarded subsea services contract by Shell
Malaysian offshore services provider Sapura Energy has been awarded a contract to provide pan-Malaysia underwater services for the Petronas group…
Read More » -
E. Nomikos buys panamax
Greece’s E. Nomikos Corp, a privately owned shipping company, has added its first ship in two years, tabling just under…
Read More » -
Saudi Aramco suspends deals for Borr and Arabian Drilling jackups
Two more offshore drillers have received a contract suspension for jackup rigs in Saudi Arabia. The latest ones are Borr…
Read More » -
Precious Shipping sells ageing supramax in fleet renewal push
Thai dry bulk player Precious Shipping has continued its fleet renewal push with the sale of a 2013-built supramax. The…
Read More » -
DeepOcean lands long-term deal with Equinor
Norwegian offshore contractor DeepOcean has sealed a frame agreement with Equinor for marine services on both offshore renewables and oil…
Read More » -
Washington seeks new ways to deescalate Red Sea shipping crisis
The US is trying a new carrot-and-stick approach in its dealings with the Houthis in Yemen. On the one hand,…
Read More » -
Salvors wait for improved weather in Baltimore
Appalling weather conditions are set to ease in the coming days making salvage operations at Baltimore port easier. One of…
Read More »