HMM Nuri, the first of eight new 16,000 TEU-class containerships designed as LNG-ready, has been entirely filled with cargoes on its first voyage, South Korean shipping company HMM said.
Despite the introduction ten years ago of regulations prohibiting the use of asbestos materials onboard ships, a significant number of existing and newbuild vessels continue to operate systems and machinery containing the hazardous substance, according to maritime testing facility Maritec.
Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill offshore Malaysia.
Vard and North Star Renewables have signed contracts for the design and construction of three service operation vessels (SOVs) which will operate on the Dogger Bank Wind Farm offshore the UK. The signing of the contracts follows the recent news on the Aberdeen-based North Star Renewables winning the
Seaspan Corporation, a subsidiary of Atlas Corp., has entered into an agreement to acquire two 8,500 TEU scrubber-fitted containerships.
Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output.
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) continues its success in securing new orders, meeting the projections of the sector’s full recovery in 2021.
After several delays, KrisEnergy has completed a farm-out agreement for its entire working interest in Block 115/09 located offshore Vietnam.
Robots could replace hundreds of thousands of oil and gas jobs and save billions in drilling costs by 2030, according to a report by Rystad Energy.
Seaspan Corporation, part of Atlas Corp., has entered into an agreement with an unnamed shipyard for the construction of six 15,500 TEU containerships.
Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has released a report showing continued progress of wave energy developments in 2020.
Malaysian energy services provider Sapura Energy has sealed the deal with banks for a $2.5 billion debt refinancing for the duration of seven years.
