8085 results found for 'Maersk Oil'

8085 results found for 'Maersk Oil'
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  • Drewry: Yo-Yoing of Spot Rates to Continue in 2015

    13 January 2015

    The westbound trade continues to show consistent growth but it is far from uniform throughout the Mediterranean region, according to UK shipping consultant Drewry. November’s 5.0% year-on-year increase means that in the last 20 months the Asia-Mediterranean market has only once experienced a year-on-year monthly fall. Currently, it is the revival of the developed West […]

  • 2M Founders Too Optimistic?

    8 September 2014
    Business & Finance

    The shipping alliance between the two shipping giants Maersk Line and Mediterranean Shipping Co., dubbed the 2M, complies with Chinese rules and is operationally ready to launch, according to Maersk Line CEO Søren Skou, cited by the Shipping Watch. “We’ve submitted our application and have thus fulfilled the requirements, but the Chinese regulators can of course at […]

  • Interview: Most Ship Owners Still Opt for Worst Yards

    6 June 2016
    Business & Finance

    In light of the overcapacity issue currently causing the majority of woes in the shipping industry, this year could be the busiest year on record in ship recycling, as the total amount of scrapped tonnage in 2016 is likely to increase to some 40 million dwt, compared to 30 million dwt which were demolished in 2015, […]

  • Libya Closes Tobruk Port

    18 October 2017

    The Libyan Ministry of Transport has decided to close the Port of Tobruk. As explained, the port will be closed with immediate effect for import and export activities. Shipments from/to Libya will be regularly accepted for the following ports: Al Khums, Benghazi, Misurata and Tripoli. The closure follows the order of the head of the […]

  • Seatrium picks Swiss player for work on Petrobras’ Brazil-bound FPSO pair

    10 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    ABB has received a large order from Singapore’s Seatrium to supply electrical equipment and automation solutions for a new generation of floating production storage and offloading (FPSO) vessels, destined to work for Brazil’s state-owned energy giant Petrobras.

  • A year in review for methanol as marine fuel: 82 ships by 2028

    3 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    2022 has been a stellar year for methanol as an alternative fuel for ships as owners look to solutions to decarbonize their fleets. Based on the data from DNV, there are currently a total of 82 methanol-powered ships in operation and on order. The figure grew considerably from what we reported in August with 20 […]

  • Update: Maersk extends transit pause through Red Sea/Gulf of Aden

    3 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    In the wake of the latest incident involving Maersk’s containership Maersk Hangzhou, the global liner major has decided to halt all transits through the Red Sea and Gulf of Aden until further notice. Just days after announcing its gradual return to the Red Sea, Maersk Hangzhou was targeted by a missile and small boat swarm by Yemen’s […]

  • Bassoe: Dude, where’s my offshore drilling rig market M&A?

    25 May 2018
    Exploration & Production

    The need for consolidation among offshore rig owners is just as dire as it’s ever been.

  • Shelf Drilling expects improvement in global jack-up demand and pricing

    10 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shelf Drilling has revealed that 27 of its jack-up rigs are under contract and it expects to see an improvement in the global jack-up demand.

  • Eni boosts its gas arsenal with start-up of another offshore project

    14 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni has brought online a natural gas field as a subsea tie-back to its floating production unit (FPU) in the Kutei Basin off the coast of Indonesia. 

  • Drewry: HMM Joining 2M Suggests Hidden Agenda

    27 June 2016
    Business & Finance

    Financially troubled Hyundai Merchant Marine (HMM) is in talks with 2M carriers Maersk Line and MSC to join their alliance. However, these three carriers are not obvious partners, in terms of culture, size or trade mix, which hints at a hidden story, according to shipping consultancy Drewry. Last week, the financially troubled South Korean carrier Hyundai […]

  • NOAA Asks Comments on Proposed Deepwater Horizon Oil Spill Restoration Plan

    9 December 2013
    Business & Finance

    NOAA and its federal and state trustee partners urged the public to provide comments on a draft plan to restore the Gulf after the 2010 Deepwater Horizon oil spill. The plan outlines and describes 44 proposed restoration projects, totaling approximately $627 million. The plan was released by the Natural Resource Damage Assessment Trustees for the […]

  • Carbon Sink and Rose Cay Maritime forge ties on green methanol supply chain

    20 July 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Storage, Transition, Vessels

    U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green fuel as well as its transportation, bunkering, and storage tailored […]

  • Port of Corpus Christi reaches ‘key’ channel expansion project milestone

    3 June 2025
    Infrastructure, Ports & Logistics, Project & Tenders

    The Port of Corpus Christi has marked the completion of another milestone under a national infrastructure project envisioned to deliver ‘significant’ improvements at the port and, simultaneously, ‘reinforce’ the role of the United States within the energy landscape. As disclosed, under the four-phase Channel Improvement Project (CIP), the depth of the port’s ship channel has now […]

  • Plexus Announces Share Placing to Support Company’s Growth Strategy

    3 December 2013
    Business & Finance

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each at a price […]

  • Aker BP all set to use Noble rig at North Sea field

    29 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs for operations on a field in the North Sea off Norway.

  • Esbjerg Port Becomes Important Hub for Upgrade and Repair of Drilling Rigs

    24 September 2013
    Business & Finance

    Two years after the establishment of Semco Maritime’s new rig yard at the port of Esbjerg, Esbjerg has developed into an important international hub for upgrade and repair of drilling rigs in the North Sea. The activity is high at yard in Esbjerg, where about 100 people are engaged in the service and upgrade of […]

  • Highlights of the Year 2016

    2 January 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles for the 2016. January: Subsea 7’s Ship on Its Way to Rotterdam After Fire Subsea 7’s pipelay vessel ‘Seven Waves’ returned to the yard in the Netherlands for repairs after a fire on its lay assembly. Subsea 7 spokesperson confirmed to Subsea World […]

  • NOAA Seeks Comment on Proposed Deepwater Horizon Oil Spill Restoration Plan

    9 December 2013
    Business & Finance, Operations & Maintenance, Research & Development

    NOAA and its federal and state trustee partners urged the public to provide comments on a draft plan to restore the Gulf after the 2010 Deepwater Horizon oil spill. The plan outlines and describes 44 proposed restoration projects, totaling approximately $627 million. The plan was released by the Natural Resource Damage Assessment Trustees for the […]

  • Statoil Signs Drillship Contracts for Exploration in Africa

    15 March 2013
    Business & Finance

    Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola. The agreement being managed by Stena Drilling is for a three year fixed term with start-up Q4 2013 / Q1 2014. Estimated total contract value is […]

  • Marine Cybernetics Delivers HIL Testing for Mobile Drilling Units Hired by Petrobras, Brazil

    14 May 2013
    Business & Finance

    Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of 6 MODU (Mobile Drilling Units) new builds to be hired by Petrobras in Brazil. Marine Cybernetics has for many years worked actively to get into this market, and this marks an important milestone […]

  • Xodus Group Acquires GBP 10 Million to Focus on Further Growth (UK)

    8 June 2011
    Business & Finance

    Energy consultancy Xodus Group has signed a £10 million investment deal to focus on further growth in the UK and internationally. The major cash boost from Dutch based Sunrise Energy Group and Simmons Parallel Energy Fund signals a period of significant expansion. Xodus, which was launched by chief executive Colin Manson and chief operating officer […]

  • NOAA Seeks Public Comments on Coastal Restoration Project (USA)

    9 December 2013
    Business & Finance

    NOAA and its federal and state trustee partners urged the public to provide comments on a draft plan to restore the Gulf after the 2010 Deepwater Horizon oil spill. The plan outlines and describes 44 proposed restoration projects, totaling approximately $627 million. The plan was released by the Natural Resource Damage Assessment Trustees for the […]

  • Viking Acquires Stake in 4Subsea

    7 July 2014
    Business & Finance

    Viking Venture has acquired 40% of the shares in 4Subsea AS, which is headquartered in Asker, Norway. 4Subsea specializes in providing monitoring solutions, software and expert services for flexible risers as well as well intervention and wellhead systems. With revenue of NOK 106 million in 2013, the company is a leader in its niches on […]

  • Djibouti to Build Largest Ship Maintenance Yard in East Africa

    13 December 2011

    The administration of Ismael Omar Guelleh in Djibouti is planning to build what is anticipated to be the largest ship maintenance yard for East Africa and on the Red Sea corridor. The project will cost 400 million dollars. It is still necessary to choose the site for erecting the shipyard between the north coast of […]