Sector
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100-plus New Jersey officials support offshore wind farm expansion
New Jersey-based members of Elected Officials to Protect America, a network of current and former elected officials committed to solving…
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Modec and Toyo Engineering mull FPSO tie-up
Japanese floater expert Modec and its compatriot Toyo Engineering Corporation have initiated talks to establish an alliance in the engineering,…
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Byzantine adds to supramax clear-out
Greek owners are active on each side of the table as they dive into the summer holidays. One player getting…
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Site off Maine identified for first US research area for floating offshore wind power
A 16-square-mile area located about 30 miles off the coast of Maine has been identified by officials in the state…
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Durban and Richards Bay ports suffer major disruption over violence
Operations at South Africa’s major ports, Durban and Richards Bay, and a freight rail line connecting Durban with the Gauteng…
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Subsea 7 secures Middle East contract
Subsea 7 has won a contract worth between $50m and $150m with an undisclosed client in the Middle East. The…
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Shell charters six newbuild LNG carriers
Shell is taking its newbuild LNG carrier book to 24 with agreements in place for a further six ships with…
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ADNOC awards $764m drilling contracts
Abu Dhabi National Oil Company (ADNOC) is awarding close to $764m in contracts to Schlumberger, ADNOC Drilling, and Halliburton for…
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Cosco, ONE, Yang Ming and Maersk all tipped to order in next great wave of boxship expansion
The stunning amount of boxships ordered so far this year is set to continue with big names such as Cosco,…
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Container congestion registered in every corner of the planet
The state of global container congestion continues to roil supply chains right across the world. Exclusive data from maritime intelligence…
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Developing nations suffer from extreme freight rates
Developing world countries and their small and medium-sized enterprises (SMEs) are taking a huge blow from the current situation in…
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Breakbulk and heavylift charter rates hit all-time highs
Charter hire rates for multipurpose and heavylift vessels have surpassed the highs registered in 2008 to create new all-time records,…
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Listed companies getting better at carbon disclosure
Listed shipping companies are dramatically improving their carbon disclosure, but there are still many laggards, research from one of shipping’s…
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UK vows to decarbonise all domestic transport by 2050
The UK government has published what it claims to be the world’s first ‘greenprint’ to decarbonise all modes of domestic…
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Cyprus Maritime seals the containership deal of the year
In a year where seemingly every last transaction sets a new container shipping S&P record, Cyprus Maritime has pulled off…
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Confusion surrounds sustainable ship recycling options
Amit Malhotra, a senior trader at GMS Japan, on the risks posed by competing ship scrapping regulations. Environmental issues are…
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Shell faces growing Covid cases on North Sea platform
Shell is looking at additional setbacks at its Shearwater production hub in the UK North Sea with now close to…
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Petrofac secures three-year contract with ONEgas
Petrofac’s engineering and production services business has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell…
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Ocyan awarded semisub contract by PetroRio
Brazilian offshore service provider Ocyan Drilling has been awarded a contract with compatriot oil and gas player PetroRio for the…
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Floating offshore wind technical challenges under the microscope
A report issued by the Carbon Trust Floating Wind Joint Industry Project (JIP) provides the findings of the group’s study…
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