Odfjell Drilling booked a profit in the first quarter of the year on the back of higher revenues. Odfjell Drilling has seen an increased utilization of the harsh environment fleet driven by higher demand.
Singapore-based Swire Shipping places an order for eight new container vessels in China.
Meridian Port Services Ltd (MPS) and China Harbor Engineering Company (CHEC) have signed an agreement to carry out the second phase of the Tema Port Expansion Project. According to MPS, this agreement involves the construction of the 4th and the last berth of the new port. The new contract adds anot
Ilonggo Senator Franklin Drilon has urged the Philippine Ports Authority (PPA) to act on the business tycoon Enrique Razon Jr.’s $166 million proposal to develop two Iloilo ports. At a recent briefing attended by Ilonggo political leaders and business groups, Mr. Christian Gonzalez, International Co
Demand growth prospects in the Transpacific drop in the aftermath of new tariffs.
Malaysia’s Perdana Petroleum has won an umbrella contract from compatriot oil company Petronas for the provision of offshore support vessel services. Perdana’s subsidiary, Perdana Nautika Sdn Bhd (PNSB) on April 12, 2019, acknowledged the receipt of the letter of appointment as panel contractor date
Norwegian vessel owner Olympic Subsea has been awarded new contracts for three of its vessels.
The Asian Shipowners’ Association urges China and India to ratify the Hong Kong Convention.
The 2,500 tonnes cutter ladder of DEME’s most powerful cutter suction dredger (CSD) Spartacus has been successfully installed at the Caland Canal in Rozenburg, the Netherlands. According to DEME, the 57m long cutter ladder is by far the strongest and most sophisticated ever built. The cutter ladder
OceanBased has signed a Memorandum of Understanding with Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to assist the company to develop commercial ocean current energy project. The goal of the project, which plans to focus on an area off the southeast coast
The Philippines Government’s Department of Public Works and Highways (DPWH) has deployed a multi-purpose amphibious dredger (MPAD) to clear water hyacinths along Rio Grande de Mindanao in Cotabato City. The rapid proliferation of water hyacinths clogged the waterway and severely damage facilities pr
Malaysia’s offshore support vessel provider Nam Cheong has clinched long-term charter contracts for three OSVs with Malaysian oil majors.
Wood has secured a new contract with Chevron Australia to provide subsea integration and flow assurance front-end engineering design (FEED) services for the Jansz-lo compression project offshore Western Australia. Effective immediately, the one-year contract will be delivered locally by Wood’s team
The Quebec Port Authority has announced a long-term commercial agreement with Hutchison Ports and CN (Canadian National Railway) to build and operate the new container terminal, known as project Laurentia (previously Beauport 2020). According to an official announcement, the $775 million project wil
