Sector
-
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 » -
Port damaged in Taiwan quake
Yesterday’s 7.4 earthquake which struck northeast Taiwan has damaged some berths at Hualien port. The quake, the most powerful to…
Read More » -
Ship recycling hits 20-year lows
Ship recycling of bulkers, tankers, and container ships has dropped to the lowest level in 20 years over the past…
Read More » -
Giant new Iraqi port touted as alternative gateway to Europe
Abu Dhabi’s AD Ports Group has entered into a preliminary agreement with the General Company for Ports of Iraq (GCPI)…
Read More » -
Safeen Feeders vessel joins Stena Sonangol suezmax pool
AD Ports Group’s shipping arm Safeen Feeders has joined the Stena Sonangol suezmax pool, a joint venture between Swedish shipowner…
Read More » -
Intercargo and RightShip launch centre of excellence for dry bulk shipping
Bulker owners’ association Intercargo and risk management platform RightShip have established an independent not-for-profit organisation dedicated to reducing operational incidents,…
Read More » -
ADES gets suspension notice for five jackups in Saudi Arabia
Oil and gas driller Advanced Energy Services (ADES) has mutually agreed with its client in Saudi Arabia to temporarily suspend…
Read More » -
Swedish gigawatt-scale offshore wind farm receives key environmental permit
A potential 5.5 GW offshore wind farm project in the Swedish Economic Zone has been granted a Natura 2000 permit…
Read More » -
PGS scores 4D survey contract in Northern Europe
Oslo-listed seismic player PGS has won a 4D contract in Northern Europe for an independent energy company. The company is…
Read More » -
Dyna-Mac scores largest ever contract
Dyna-Mac has landed the largest ever contract in the company’s history, taking its orderbook to a record S$896m ($663m). In…
Read More » -
Ultramax orders pile up at New Dayang
Busy Chinese builder New Dayang has secured more orders for ultramax bulk carrier newbuildings. Beijing-based leasing company Huaxia Financial Leasing…
Read More » -
Subsea 7 wins contract worth up to $150m
Offshore engineering and services player Subsea 7 has announced a sizeable contract win with an undisclosed client for its subsea…
Read More » -
DOF gets subsea installation gig off West Africa
Norwegian offshore vessel owner DOF has won a contract for a construction transport and installation project in West Africa from…
Read More » -
HMM inks deal to bunker methanol and LNG at Shanghai Port
South Korea’s flagship carrier HMM has signed a memorandum of understanding (MoU) with Shanghai International Port Group (SIPG) to cooperate…
Read More » -
Seatrium bags $260m worth of repair, upgrade and conversion deals
The contracts, worth an aggregate of S$350 million ($259m), include work on various types of vessels such as FSRUs, FPS,…
Read More » -
14% of Russian refining capacity offline as Ukrainian drones head further inland
Ukrainian forces hit Russia’s third-largest oil refinery with a drone strike on Tuesday but with no critical damage. This time…
Read More »