Baker Hughes wins Petrobras contract for up to 50 subsea trees in Brazil
Oilfield services giant Baker Hughes has won a contract to supply up to 50 subsea tree systems and associated services...
Kongsberg Maritime to deliver two new uncrewed vessels
Kongsberg Maritime has signed a contract with REACH Subsea ASA to design, build, and deliver two additional unmanned surface vessels...
Liner price war looms as spot rates sink below breakeven
There are growing signs that a price war is breaking out in container shipping. Consultancy Linerlytica is already warning that...
China prepares retaliation playbook ahead of US port fee deadline
China is taking preemptive action against the US’s plans to hike port fees for China-linked tonnage. Chinese Premier Li Qiang...
Exxon’s Guyana project moves forward as Modec begins FPSO EPCI work
Floater expert Modec has been cleared to begin the full EPCI scope to develop an FPSO vessel for ExxonMobil’s Hammerhead...
Consortium bags substation deal for 495MW offshore wind farm in Taiwan
The consortium between Denmark-based Semco Maritime and Vietnamese PTSC Mechanical & Construction has secured an EPC contract for the offshore...
Reefer fleet on thin ice as majority fail carbon intensity tests
The reefer sector has the worst Carbon Intensity Indicator (CII) ratings, while boxships currently enjoy having the most vessels within...
Costamare and Cargill set course for joint dry bulk ventures
Costamare Bulkers has signed a wide-ranging cooperation agreement with Cargill, shifting focus toward steadier earnings while deepening ties with one...
Fincantieri, TUI Cruises order two new LNG-powered ships
Fincantieri and TUI Cruises, a joint venture of TUI AG and Royal Caribbean, have signed a contract for two new...
Advantage Tankers firms fresh VLCC and suezmax orders in South Korea
Geneva-based Advantage Tankers has stepped up its move into the large tanker segment with fresh orders in South Korea, adding...
