Press Releases
Shearwater Norwegian offshore seismic specialists Argeo and Shearwater have won separate survey contracts offshore India. Argeo’s NOK 154m ($14.5m) contract was awarded by India’s National Centre for Polar and Ocean Research. It will comprise a […]
Diamond Offshore Houston-based Diamond Offshore Drilling has won a contract with Serica Energy for one of its semi-submersible rigs and an extension from BP for drillship work. The offshore driller won a contract with Serica […]
The US has announced the expiration of Venezuela’s oil sanctions exemption in April. Last October, Washington issued a six-month general licence for transactions involving Venezuela’s oil and gas sector following an electoral roadmap agreement signed […]
The European Commission published on Tuesday its proposal for a 2040 climate target laying out the pathway to make the European Union climate neutral by 2050 with shipping shown its green pathway, and a noticeable […]
Suez Canal Authority With more missiles yesterday the Houthis took their merchant ship strikes to the 50 mark, underlining the severity of the security situation in Middle Eastern waters where US-led counterstrikes have failed to […]
With the numbers of the so-called shadow tanker fleet peaking 10 months ago, there’s now evidence that many of the oldest vessels are being primed for scrap, though getting a good demo price for these […]
Ørsted Danish offshore wind giant Ørsted is cutting jobs and exiting several markets after a “substantially challenging” 12 months and massive impairments and additional costs related to its US offshore projects. Ørsted said Wednesday it […]
EuropeTankers GEFO German owner GEFO is expanding its fleet with an order for 10 stainless steel chemical tankers at the Xiangyu shipyard in Nantong, China. A three-digit million-dollar sum will see the 3,850 dwt ships […]
AsiaTankers Johnnie / MarineTraffic Greece’s Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag. At the end of last year, Evangelos Marinakis quietly sold a 14-year-old Universal-built mammoth […]
A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just after midnight. According to security consultant Ambrey, the ship incurred minor damage on its port […]
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