Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last y
Shell has delivered the processed 3D seismic data over the Pensacola Zechstein Reef prospect located in the UK sector of the Southern North Sea.
Hermitage Offshore and 28 subsidiaries have filed for voluntary Chapter 11 petitions amid global oil slump and coronavirus pandemic.
Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa for the deployment of the grid connection works of the EWP-EDF One wave energy project in the Port of Jaffa, Israel. This permit allows Eco Wave Power to proceed with the path towards electric cabl
UK’s port group PD Ports has officially opened a multi-million pound bulks handling facility at Teesport, a move that is said to represent an important milestone in the revival of the Tees Valley.
The container terminal in Beirut sustained only minor damages and has restarted its operations, German shipping major Hapag-Lloyd said in an update.
DOF, a Norwegian offshore vessel operator, has sold two of its vessels, one to an unnamed buyer and the other to a recycling yard in Turkey.
Orbital Marine Power, working with Thompsons of Prudhoe and Port of Blyth, has decommissioned its 2MW SR2000 floating tidal turbine. Heavy lifter Mammoet managed the tandem lift of the 516-tonne structure out of the water and onto the Blyth quayside. It was also the port’s largest heavy lift to date
Drilling has been completed on the Wintershall Dea’s Dvalin field in the Norwegian Sea, propelling the project into the final development phase before first gas. Wintershall Dea said on Wednesday that, overcoming severe weather conditions at the beginning of the year and avoiding any impact of the C
Shipbuilder Damen recently launched two 85-tonne bollard pull ASD Tugs 2813 for Boluda Towage Europe at Damen Song Cam Shipyard in Vietnam.
A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest level in more than 10 years.
Additional funds will provide two more years of maritime innovation for the region
Heerema’s giant semi-submersible crane vessel Sleipnir has removed Shell’s 10100 mT Brent Alpha jacket, which was located in the UK North Sea.
78 out of 94 Siemens Gamesa 8 MW turbines have been installed at the Borssele 1 & 2 offshore wind project in the Netherlands. DEME’s jack-up tandem Sea Installer and Sea Challenger are in charge of installing the turbines at the site located 22km off the coast of the province of Zeeland. According t
