The Maldives Transport and Contracting Company (MTCC) inked a contract yesterday to construct new harbor at Th. Guraidhoo, one of the inhabited islands of Kaafu Atoll in the Maldives. Permanent Secretary of Planning, Zeeniya Ahmed Hameed, signed the agreement on behalf of the government and the MTCC
The 95,000 dwt vessels will be designed with Ice Class 1A specifications and will cost USD 37.7 million each.
Mumbai-based Mercator Limited – former Mercator Lines – is to dispose of two of its vessels.
Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue backlog of approximately $245 million.
Alpha Adriatic, former Uljanik Plovidba, informed that creditors detained one of its tankers in Malaysia.
Hong Kong-based 300cubits suspends the operation of its Booking Deposit Module.
Avenir LNG in collaboration with MISC Berhad has agreed a time charter deal with Petronas, for the provision of its first 7,500-cbm liquefied natural gas carrier.
Avenir LNG partnered up with MISC Berhad to provide its first 7,500 cbm LNG carrier to a subsidiary of Petronas.
U.S. energy company AES Corporation has been granted approval by the Government of Vietnam to develop a 2.2 GW combined cycle gas turbine (CCGT) power plant.
The construction activities for the Madifushi Harbor project on Maldives’ Thaa Atoll were successfully completed on September 11, the Maldives Transport and Contracting Company (MTCC) reports. During the work, approximately 19.808 cubic meters of material from the existing basin were dredged, and ar
NYK makes a big step toward realizing its target of manned autonomous ships for safer operations.
Thai oil and gas firm PTTEP has selected oilfield services giant Halliburton for its Digital Well Program application to automate drilling, completions, and engineering processes across the well lifecycle.