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HomePress

Press

Press Releases

Press

BHP signs charters with COSCO for ammonia-powered newcastlemax newbuilds

July 2, 2025 Stu Turley

BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western […]

Press

TS Lines locks in up to 10 newbuilds at Huangpu Wenchong

July 2, 2025 Stu Turley

TS Lines Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional 5,000 teu vessels, […]

Press

Jackup barge sinks in Gulf of Suez, four dead

July 2, 2025 Stu Turley

AfricaOperations X.com X.com Four crew members died after a jackup barge owned by Saudi oil and gas driller ADES capsized on Tuesday evening, some 300 km south of the Suez Canal. Egyptian authorities said that […]

Press

TGS bags offshore wind site characterisation gig off Norway

July 2, 2025 Stu Turley

EuropeOffshore PGS PGS Oslo-listed seismic data specialist TGS has won a contract for offshore wind site characterisation, including acquisition, imaging, and interpretation services offshore Norway. The vessel Ramform Vanguard will start acquisition in early July, […]

Press

Yinson Production secures $1.17bn refinancing for FPSO Maria Quiteria

July 2, 2025 Stu Turley

AsiaOffshore Yinson Production Yinson Production Singapore-based floater owner and operator Yinson Production has announced a successful placement of $1.168bn in senior secured notes issued by Yinson Bergenia Production, the owner of the FPSO Maria Quitéria. […]

MSC
International News

MSC ramps up megamax expansion with $1.2bn shipbuilding deal in China

July 1, 2025 Mariel Alumit

Gianluigi Aponte’s Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six 22,000 teu newbuilds from China […]

carbon capture
Carbon Capture

Landmark carbon capture pilot completed in China

June 30, 2025 Mariel Alumit

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the world’s first pilot demonstrating the full value chain for carbon dioxide (CO₂) captured onboard ships. The pilot was executed in two main phases. Phase […]

Denmark
International News

Denmark extends life of two more offshore wind farms

June 30, 2025 Mariel Alumit

The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years. The Agency has notified the owners of the Middelgrunden and Nysted […]

Saudi Aramco
Crude Oil News

Shelf Drilling wins Saudi Aramco rig extension deal

June 30, 2025 Mariel Alumit

Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a […]

Press

Equinor investing over $2bn in new subsea development

June 27, 2025 Stu Turley

EuropeOffshore Equinor Equinor Norwegian energy major Equinor will invest more than NOK 21bn ($2.1bn) in the North Sea Fram Sør subsea development. The Fram Sør project is a combined development of several discoveries that will […]

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