News Flash

UK Decom Specialist Lands 14-Well Job With European Operator

Aberdeen-based decommissioning services provider Well-Safe Solutions has inked a new decommissioning deal on the UK Continental Shelf (UKCS) with an...
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Mitsui O.S.K. Lines, Ltd. Says Company’s Financial Performance Exceeds Earlier Expectations

Mitsui O.S.K. Lines, Ltd. hereby announces the revision of its consolidated business outlook for the fiscal year 2022, which was...
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Mixed Signals For Dry Bulk Amid Turbulent Geopolitics

Keeping the lights on has become a top priority for many countries as the impact of Russia’s invasion of Ukraine...
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NYK Revises Financial Outlook Higher Amid Ongoing Supply Chain Disruptions

Nippon Yusen Kabushiki Kaisha decided to revise our consolidated financial forecasts for fiscal year ending March 2023 (hereinafter “the Current...
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Container XChange: Ports In China Charge The Lowest Demurrage & Detention Fees In The World

Container xChange’s new Demurrage & Detention Benchmark 2022 report, published today, compares Demurrage & Detention (D&D) rates* imposed on customers...
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Ship Spills 30,000 Gallons Of Fuel In The Bahamas

Some 30,000 gallons of fuel has spilled from a vessel in The Bahamas, a government official said Wednesay. The oil...
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OOCL Adopts E-Bill Of Lading

Orient Overseas Container Line (OOCL) is introducing Electronic Bills of Lading (eBL) to enhance efficiency across the global supply chain....
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Westwood Sees Five-Year Offshore EPC Spend Reaching Whopping $276 Billion

After curbed spending over the past two years, the oil and gas (O&G) sector is primed to get back into the...
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Synergy Marine, Alsym Energy Jointly Developing Non-Flammable Rechargeable Batteries For Ships

Singapore-based ship manager Synergy Marine and the US developer of next-generation rechargeable batteries Alsym Energy have teamed up to develop...
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“K” LINE Confirms Three Additional Orders For Airseas’ Seawing

Kawasaki Kisen Kaisha (“K” LINE), one of the world’s largest shipping companies, has confirmed orders for three additional Seawing systems,...
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Valaris Rig Getting Ready For New Australian Campaign

Offshore drilling contractor Valaris has prepared one of its semi-submersible drilling rigs for a drilling campaign in waters offshore Australia,...
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Congestion Causes Cargo ‘Seesaw’ At Ports Of Savannah And Charleston

The rivalry for maritime commerce between Charleston and Savannah dates back for centuries, well before containerization turned into intermodalism. The...
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PetroChina To Buy LNG From Cheniere’s Corpus Christi LNG Terminal

PetroChina and Cheniere Energy have signed a long-term LNG sale and purchase agreement (SPA) relating to the Corpus Christi LNG...
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Bestway Bags Jack-Up Wind Power Installation Platform

Bestway Marine & Energy Technology has inked a newbuild contract for a 1,200 tonne self-jackup wind power installation platform construction...
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STS Transfers May Be Used To “Launder” Stolen Grain From Ukraine

The vast majority of Ukraine's stored grain is awaiting export from its large Black Sea terminals, which have been shuttered...
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Inmarsat Issues Guidance On Fortifying Cyber Security

Satcomms provider Inmarsat has published guidance on improving cyber security in the maritime industry beyond baseline regulatory compliance. The IMO’s...
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Chevron Marine Launches Clarity Synthetic EA Grease 0

Chevron Marine Lubricants is pleased to announce the launch of its Clarity Synthetic EA Grease 0, an anhydrous calcium thickened...
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CMA CGM Boss Slams ‘Windfall’ Tax Proposal

The billionaire head of shipping giant CMA CGM SA pushed back against a plan by some French lawmakers for a...
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Largest Equinor-Operated Field Outside Norway Back On Stream Off Brazil

After more than two years since the production at an offshore field in Brazil was halted, Norway’s state-owned energy giant...
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UAE’s ADNOC And TotalEnergies Strengthen Ties To Ensure Energy Security

France-headquartered energy giant TotalEnergies and the UAE’s Abu Dhabi National Oil Company (ADNOC) have expanded their strategic alliance amid the current...
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