Japan’s floating solutions provider MODEC has started the engineering, procurement, construction, and installation (EPCI) work on the floating production storage and offloading (FPSO) vessel set for the Bacalhau field.
Captain of the fire-stricken feeder, which was carrying Nitric Acid and other chemicals before it sank off Colombo, Sri Lanka, two weeks ago, has been released on bail after appearing in the High Court of Sri Lanka, operator of the vessel confirmed. As informed, the Russian skipper of the X-Press Pe
Greek containership company, Costamare, has entered dry bulk shipping market with the acquisition of 16 dry bulk vessels which are currently operating in the spot market.
Dutch shipbuilder Damen Shipyards Group has delivered a fast crew supplier to Allseas for support of the giant heavy lift vessel – the Pioneering Spirit.
Norwegian designer and shipbuilder VARD has started the construction of the first of the eight marine robotic vessels for Ocean Infinity’s Armada fleet.
Japan’s shipping company NYK Line will order 12 new LNG-fueled vehicle carriers for $912 million (100 billion yen) to reduce CO2 emissions.
The international efforts carried out over the past year to assess the risk of a massive oil leak or explosion from the Safer, a stricken FSO moored off the coast of Yemen, have been largely unsuccessful. The condition of the floating storage and offloading unit, which is anchored 60 km north of the
Helix Robotics Solutions has secured a contract with Beacon Offshore for the subsea construction vessel Grand Canyon II. Grand Canyon II will work on well severance and decommissioning work at an undisclosed project located in the Gulf of Thailand. The contract was signed for 120 days firm, with add
Rederi AB Donsötank, a Swedish family-owned shipowner, has launched its second LNG-powered oil products and chemical tanker at Chinese Wuhu Shipyard Co. Named M/T Pacifico, the ice-strengthened ship, will featuring ice class 1A, and will have shore-connection for port operations, prepared for 1000 k
Cornish-based company Inyanga Marine Projects has completed a £2 million capital raise that will be used to fund further growth of its marine energy business.
A Seattle-based tug and towing company Foss Maritime has welcomed the fourth of four new ASD-90 autonomous tugs, Rachael Allen, to Foss maritime fleet.
Sri Lankan authorities have filed a claim with the operator of the ill-fated feeder X-Press Pearl seeking $40 million to compensate for the environmental damages caused by the ship’s sinking. An interim claim has been lodged with Singapore-based X-Press Feeders, according to Sri Lanka’s Ports and Sh
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
Petrobras has signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79 FPSO.
