Vaalco Energy has started drilling the fourth development well in its 2021/2022 drilling programme offshore Gabon.
Athens-based Diana Shipping has entered into a deal to acquire nine modern Ultramax bulkers with an average vessel age of approximately 5.4 years from Sea Trade Holdings. The company will buy the ships for a total of $330 million, of which $220 million will be paid in cash and $110 million is to be
The Götheborg of Sweden, believed to be the world’s largest ocean-going sailing ship, has been upgraded with the latest satellite communications technology.
MacGregor, part of Cargotec, has won a contract to supply RoRo equipment for four RoRo vessels to be built by the Guangzhou Shipyard International for H-Line Shipping, Korea. To remind, H-Line brought its orderbook to four LNG-powered newbuilds in February this year as it was moving to diversify its
Aker Solutions has revealed that a fire was detected at Equinor’s FPSO vessel, which is currently under construction at a yard in Norway.
Brazilian shipowner Oceanica has awarded Green Yard Kleven in Norway with a contract to retrofit two platform supply vessels (PSVs) for operations with a remotely operated vehicle (ROV) and offshore crane. Oceanica recently purchased the vessels which have Marin Teknikk design MT6009. One is already
European shortsea RoRo shipper UECC is expanding the use of carbon-neutral biofuels in its logistics chain through a new partnership with towage provider Svitzer, a wholly owned subsidiary of AP Moller-Maersk. The two companies have signed a three-year contract for Svitzer’s EcoTow product that will
Singapore-based container operator Pacific International Lines returned to WinGD with an order for 82-cm bore engines for its four 8,000 TEU LNG dual-fuel vessels. The ammonia-ready vessels will be built at privately-owned Chinese shipyard Yangzijiang Shipbuilding, and are scheduled for delivery in
Equinor has exercised an extension option with Siem Offshore to add more work to the backlog of an AHTS vessel carrying out ops off Norway.
Norwegian LNG transportation company Awilco LNG has entered a new time charter contract for a firm duration of about six months with an oil major.
New Zealand-based ferry operator East by West Ferries has revealed plans to order a second all-electric passenger ferry from compatriot boat builder WEBBCo.
Crude oil tanker company DHT Holdings has committed $25 million to retrofit an additional eight vessels with scrubbers. The investment is being pursued as DHT eyes premiums from higher fuel price spreads. “The combination of lower cost and the current higher fuel spreads makes this a compelling inve
Offshore drilling contractor Diamond Offshore has secured new work for its rigs in the North Sea, Australia, and the Gulf of Mexico.
New York-based tanker company International Seaways has sold two veteran Panamaxes for green recycling. The duo, with an average age of 19 years, was delivered to their buyers in April 2022 and includes a 2002 and a 2004-built vessel. Buyers of the vessels and the yards where the ships would be dism
