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Market Outlooks

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Valaris DS-12 offshore rig
Market Outlooks

Offshore drillers see meaningful improvement in market environment

Two giant offshore drilling contractors are encouraged by meaningful signs of improvement in the market and increase in rig day rates.

about 4 years ago
Maersk
Market Outlooks

Maersk reports record earnings, acquires German freight forwarder

Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings.

about 4 years ago
STATS Group extends footprint in Australian pipeline market
Market Outlooks

STATS Group extends footprint in Australian pipeline market

UK-based STATS Group has set up a new Australian entity to support its drive in the country’s pipeline integrity market.

about 4 years ago
Offshore rig Deepwater Conqueror
Market Outlooks

Fresh contracts pour in for offshore rig owners as market continues to recover

Offshore rig owners are reaping the benefits of market recovery with more and more players hiring rigs for their exploration plans.

about 4 years ago
EU leading nations support marine electrification as climate action tool
Market Outlooks

EU leading nations support marine electrification as climate action tool

New polling commissioned by climate action solution provider Shift Clean Energy has shown “a remarkably high level of support” for marine electrification as a way to fight climate change.

about 4 years ago
Chris Westra launches his new book at OEEC 2021
Market Outlooks

Chris Westra launches his new book at OEEC 2021

Wind energy pioneer Chris Westra, CEO of Offshore Service Facilities, has launched and presented his book Build them at sea at the Offshore Energy Exhibition and Conference (OEEC) 2021.

about 4 years ago
Hapag-Lloyd
Market Outlooks

Hapag-Lloyd raises outlook for 2021 reflecting strong performance

German container shipping major Hapag-Lloyd has raised its earnings outlook for the current financial year after posting very strong results in the first nine months of 2021.

about 4 years ago
Gram Car Carriers
Market Outlooks

Gram Car Carriers launches private placement as PCTC market strengthens

Driven by the strengthening market environment, Norway-based transportation company Gram Car Carriers ASA (GCC) has decided to issue a $110 million equity private placement and begin trading on Euronext Growth.

about 4 years ago
LNG shipping in Prigorodnoye seaport; Courtesy of Gazprom
Market Outlooks

Gazprom to increase LNG production for domestic and foreign markets

Russian gas company Gazprom looks into the progress of the projects for the production and supply of LNG and sees the possibility to strengthen the position of Gazprom in foreign markets.

about 4 years ago
Study: Renewable methane shows “vast” potential as green marine fuel
Market Outlooks

Study: Renewable methane shows “vast” potential as green marine fuel

The renewable methane has a “vast” potential to replace fossil fuel in ships and can achieve up to 80 per cent of greenhouse gas (GHG) reduction, a new report showed.

about 5 years ago
NREL tidal research targets renewable energy sources in Alaska
Market Outlooks

NREL tidal research targets renewable energy sources in Alaska

National Renewable Energy Laboratory (NREL) has conducted tidal research in Cook Inlet to look into opportunities for a reliable and renewable power source in Alaska.

about 5 years ago
Cargotec
Market Outlooks

Cargotec-Konecranes merger plan faces hurdle in Australia

The Australian Competition & Consumer Commission (ACCC) has outlined preliminary competition concerns in relation to a proposed merger between Finnish container handling equipment companies Cargotec and Konecranes.

about 5 years ago
Wilson
Market Outlooks

Wilson takes over part of Rhenus Maritime fleet

Norwegian shortsea operator Wilson ASA has decided to acquire six dry cargo vessels from Germany’s shipping company Rhenus Maritime Services in an effort to strengthen its European presence.

about 5 years ago
Event Wrap Up with Anne Visser and Coco Kossmann (Screenshot/Video by Navingo)
Market Outlooks

Wrap up of OEEC 2021: See you again next year

Anne Visser, Director of Operations at Navingo BV, and Coco Kossmann have closed the Offshore Energy Exhibition & Conference and the Navingo Career Event 2021.

about 5 years ago
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