Crude oil tanker freight rates from the Arabian Gulf to China doubled on the back of the recent tanker attacks.
Recent attacks on two tankers in the Gulf of Oman raised concerns over the security of transit in the area.
U.S. Secretary of State said that intelligence officials have “lots of evidence” to support this claim.
ACE Winches has increased its global presence through working partnerships with Hendrik Veder Group in Norway and the Netherlands, and a strategic alliance agreement between ACE and Emirates Safety Services in the Middle East. ACE Winches said it will strengthen its offering by providing a full suit
Front Altair damage will be further inspected and the vessel will ultimately be moved to a shipyard for repair.
The contract has been awarded by ADNOC in Abu Dhabi
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded processing contract by the Abu Dhabi National Oil Company (ADNOC). Under its terms, CGG will perform time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom n
Damaged Front Altair was towed out of the Iranian waters. The ship is anchored off the coast of Fujairah, UAE.
Controlled flow excavation (CFE) services expert James Fisher Subsea Excavation (JFSE) said it has developed a low draft, lightweight excavator. According to JFSE, the SP2000 ULD will primarily be used for shallow water excavation and shore pull works including trench maintenance during pull-in oper
Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in 2017. As more and more countries manufacture, trade and install renewable energy technologies, the lates
A keel laying ceremony of the backhoe dredger Sarb, to be built for National Marine Dredging Company (NMDC), took place at Ravestein B.V. in the Netherlands on June 14, 2019. As part of NMDC’s international growth and fleet investment strategy aimed to position the company as an industry leader, the
Subsea World News has put together a recap of the most interesting articles from the previous week (June 10 – June 16). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Subsea 7 Lands Equinor Contract For Johan Sverdrup Phase 2 https://subseaworl
Insurers of damaged Front Altair and Kokuka Courageous hire Boskalis to salvage the vessels and their cargo.
Damaged Kokuka Courageous is under tow toward Khor Fakkan after suspected limpet mine attack.
