Maritime & Logistics Market

Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and...

Reach Subsea to begin six-month survey campaign for second Shetland HVDC link

Shetland 2 will connect 330 kilometers between Shetland and the mainland to bring 2 GW of renewable electricity to Great Britain’s network, which forms...

Changing oil markets and shifting tanker landscapes

Despite huge uncertainty oil markets have been less responsive to crisis than in the past, and crude oil demand remains resilient With the new year,...

DOF starts preparing for 250+ day project in Argentina

  Norwegian vessel owner DOF Group has begun preparations to kick-start an offshore project in Argentina, where it will deploy two vessels for an expected...

Azule Hits Oil With Algaita Well Offshore Angola

Azule Energy found approximately 500 million bbl of oil in place with its Algaita-01 exploration well offshore Angola.The well, spudded 10 January by the...

Eni’s Calao South Discovery Off Côte d’Ivoire Bolsters Regional Potential

Eni said its deepwater Calao South discovery confirms the potential of the Calao channel complex offshore Côte d'Ivoire. Calao South, a significant gas and condensate...

New construction milestone for Yinson Production’s Southeast Asia-bound FSO

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has celebrated the launch of a floating storage and offloading (FSO)...

Alfa Laval-Wallenius Lines JV bags its first order for wind propulsion

Oceanbird, a joint venture (JV) between Swedish marine technology company Alfa Laval and shipping company Wallenius Lines, has received its first order for wind...

CK Hutchison has warned Maersk’s terminal operation arm APM Terminals against taking over operations at Balboa and Cristobal ports as the legal fallout of a Panama Supreme...

leverage on technology and PPPs -Minister Urges NIWA

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has urged the management of the National Inland Waterways Authority to leverage technology and public-private...

Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service

The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to...

Pre-emption twist may block or delay BW Energy’s entry into Angola’s oil & gas arena

    Oslo-listed oil and gas E&P player BW Energy is facing a pre-emption challenge, spurring uncertainty over its acquisition of two blocks off the coast...

Three new LNG bunkering vessels enlarge Chinese player’s orderbook

China-headquartered engineering player Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received orders for three liquefied natural gas (LNG) bunkering vessels. CIMC SOE has...

Maritime industry gets its first guidance notes for onboard hydrogen generation

Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance notes for onboard hydrogen generation, as a response to growing...

Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard

With the completion of a multimillion-dollar sale deal, Seatrium AmFELS, a subsidiary of Singapore’s Seatrium, has handed over a shipyard in Texas to Karpower...

Corpus Port Christi posts 2025 volume decline

The Port of Corpus Christi volumes in 2025, declined marginally by 1.5% to 203.4 million tonnes compared to 206.5 million tonnes in 2024. Last year,...

Panama declares CK Hutchison’s Panama Ports concession unconstitutional

Panama’s Supreme Court has declared unconstitutional the law establishing the port concessions for CK Hutchison subsidiary Panama Ports Company (PPC) covering the ports of...

Eastern Pacific Shipping returns to Hengli for VLCC pair

The Singapore-based company is adding newbuilds at Chinese shipyard Hengli Hengli Heavy Industry will construct two 306,000 dwt VLCCs for Eastern Pacific Shipping, which are...

Aker BP to use Floatel’s vessel at Norwegian offshore field

The Norwegian offshore safety regulator has given Aker BP consent to deploy one of Floatel’s semi-submersible accommodation and construction support vessels at a field...

Loss of major contract led to Lancashire haulier’s closure

Earl Transport in Accrington collapsed after almost 30 years of trading when its largest customer enforced “uneconomical” restrictions on a contract and then withheld...

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