South Korean shipping major HMM has signed a sales and purchase agreement with French counterpart CMA CGM for the sale of its 50 per cent stake minus one share in Total Terminal International Algeciras (TTI Algeciras).
The U.S. offshore rig count stayed flat again, as the number of active rigs is steady at 12 for the fifth week, according to a Friday report by Baker Hughes.
CMA CGM’s second ultra large LNG-powered containership is undergoing sea trials, according to the Chinese shipbuilder Hudong-Zhonghua. The CMA CGM Palais Royal left the Shanghai Jiangnan-Changxing Shipyard, a part of Hudong, on August 5, the shipbuilder said in a statement. This is the second CMA CG
A maintenance dredging project in the Coos Bay harbor from River Miles twelve to fifteen, aimed to remove approximately 1,000,000 cubic yards of material from these areas, is currently underway. Dredging in this section of the Federal Navigation Channel was also conducted throughout the summer of 20
Norwegian vessel owner Solstad Offshore has won several extensions in Brazil with oil majors Total and Equinor.
Sweden shipping company Furetank launched its seventh dual-fueled vessel at the Avic Dingheng Shipbuilding yard in China.
Allseas’ heavy lift vessel Pioneering Spirit has removed the Tyra East and Tyra West integrated processing and accommodation platforms.
Lebanese authorities detained 16 Beirut port staff members on Thursday, while over a dozen other workers were questioned as part of an investigation into the deadly blast that rocked Lebanon’s capital on Tuesday, Reuters reports. The investigation, being carried out under the supervision of the Leba
Offshore drilling contractor Noble Corporation has won a six-month deal for the Noble Sam Croft drillship with ExxonMobil in Guyana.
Liquefied natural gas exports from the United States slipped over the previous week.
Heavy rainfall and strong wind gusts have damaged three cranes at a container terminal at Jawaharlal Nehru Port Trust (JNPT), the largest container port in India. The port authority said the exact damage at the JNPCT terminal was being assessed, and that there were no injuries. Indian media reported
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
The distribution of liquefied natural gas (LNG) as fuel for long-distance haulage has only recently started gaining momentum in Germany.
The Connecticut Port Authority has applied for a permit from the U.S. Army Corps of Engineers for proposed work in the Thames River at State Pier, New London, Connecticut. The proposed project would serve as a long-term, regional offshore wind port facility while continuing to support other existing
