
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with discovered resources set to hit 10 billion boe in 2020.

Joint venture companies belonging to Sovcomflot, NYK Line and Samudera, have secured a $155 million loan to finance an LNG carrier pair.

U.S. Congress members from New York State, Jerrold Nadler and Nydia M. Velázquez, have sent a letter to New York Governor Andrew Cuomo in support of the Empire Wind offshore wind project, more specifically its Port Infrastructure Improvement Plan (PIIP) which would set up an offshore wind hub at the

Chinese shipbuilder Cosco Dalian, a subsidiary of Cosco Shipyard Group, has completed the construction of Carioca MV30 FPSO for Modec.

The number of active offshore rigs in the U.S. inched up by one unit last week after a small decline the week before, according to data by Baker Hughes.

A fire broke out on board a Togo-flagged general cargo vessel which was moored near Elafonissos, Greece, the Hellenic Coast Guard said.

Greek shipping company Capital Gas, a unit of Capital Maritime Group took delivery of its newbuild LNG carrier Aristos I.

LNG exports from the three liquefaction plants located on Curtis Island off Gladstone edged up when compared to the corresponding month in 2019.

Liquefied natural gas (LNG) exports from the U.S. liquefaction facilities have slipped over the previous week.

Port of Rotterdam noted that the liquefied natural gas (LNG) as a marine fuel is gaining in popularity in the shipping sector.

Royal IHC has decided to reorganise. This means that about 300 jobs will be lost in the Netherlands and about 300 in other locations.

Liebherr-MCCtec Rostock has put together the lower slewing unit of the HLC 150000-300 heavy lift crane which will be installed on OHT’s Alfa Lift installation vessel. According to the crane supplier, “the wedding” of the the lower slewing column and the machinery frame, which together make the lower

MacGregor, part of Cargotec, has received an order for two fixed boom cranes to be installed on a 5,400 cubic meter bunker barge.

The recovery and repair of the crane that collapsed on board the installation vessel Orion during lifting trials in May are progressing at Liebherr facilities in Rostock, where the crane’s auxiliary jib and the jib head have now been transferred. The company started working on getting the crane back