Finnish technology group Wärtsilä will supply an LNG bunkering vessel simulator to Malaysia’s provider of integrated marine solutions Kasi Group.
Northern Drilling has canceled the resale contract for the West Cobalt drillship with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).
The Maldives Transport and Contracting Company Plc (MTCC) has won a contract from a Thailand hospitality management and holding company, Centara Hotels and Resorts, for the reclamation works on three islands in Kaafu Atoll area in the Republic of Maldives. Thirayuth Chirathivat, the CEO of Centara H
SHI and Evergreen signed shipbuilding deals for six ultra-large containerships, valued at USD 920 million.
The loans were oversubscribed and upsized, with 27 banks participating in the transaction.
The worldwide offshore rig count in September 2019 decreased by four units sequentially, but increased by 43 units year-over-year, according to reports by Baker Hughes, a GE company.
K Line, partners would work on the research of shipping market conditions using artificial intelligence.
NYK Group takes delivery of Takaroa Sun, a methanol carrier equipped with a two-stroke dual-fuel engine.
Foremost expands fleet with another eco-friendly Post-Panamax bulker.
Brazilian drilling contractor Sete Brasil has reached agreements with Singapore’s rig builders Keppel Offshore & Marine and Sembcorp Marine related to contracts for the construction of six semi-submersible rigs and seven drillships, respectively.
The ministry of new and renewable energy (MNRE) in India has declared that ocean energy is officially a renewable energy source and now falls under Renewable Purchase Obligations (RPO). This recent Policy change offers new opportunities for OTEC in India. The RPO states power suppliers are required
Perth-based Transborders Energy has signed a joint study agreement with Mitsui O.S.K. Lines (MOL) to further develop its floating LNG solution and pursue its deployment on a range of stranded offshore gas resource opportunities.
