Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.
French container shipping major CMA CGM is facing formal accusations in the USA for what was described as “illegal” dealings with Cuba.
The Norwegian authorities have granted Repsol the consent for the start-up of the Yme field in the North Sea, 20 years after the last time the field was on stream.
Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from Swire Pacific.
Only a day after Aker BP announced it installed the Hod B platform topsides offshore Norway, Dutch offshore contractor Heerema Marine Contractors shared photos of the process.
UK-based dry bulk shipping company Taylor Maritime Investments (TMI) has placed an order for seven Japanese-built geared handysize bulkers worth $107.8 million.
South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.
Russian federal seaports agency Rosmorport has awarded China Communications Construction Company (CCCC) a contract to build Novatek’s Kamchatka LNG terminal in Bechevinskaya Bay.
Finland-based technology company Wärtsilä has announced that it will supply engines and fuel gas supply systems for two roll-on/roll-off passenger (RoPax) ferries being built for Australian ferry operator TT-Line Company.
Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean has terminated its relationship with Capesize Chartering Ltd. (CCL), a joint venture to coordinate the Capesize spot chartering services of Golden Ocean, Starbulk, CTM and Bocimar.
PSA International has partnered up with RHT to explore co-creation and investment in environmental, social, and governance (ESG) digital assets solutions in an effort to further advance the goals of decarbonisation in ports and supply chains.
Norwegian oil and gas company DNO has spud the Gomez exploration well in production license 006C in the North Sea offshore Norway.
Swedish oil company Lundin Energy has started production from the extended well test (EWT) at its Rolvsnes offshore field – the first subsea tie-back development for the Edvard Grieg platform.
British shipping company P&O Cruises’ 180,000-tonnes LNG-powered cruise ship Iona has departed Southampton for its maiden voyage.
