Greek shipowner Performance Shipping has become a pure play Aframax company as it disposed of the final containership in its fleet.
A survey made by the Norwegian statistics bureau SSB revealed that oil and gas investment in Norway will rise more this year and decline less in 2021 than predicted a few months ago.
Danish shipping company Dampskibsselskabet Norden A/S has established a joint venture with Singapore-based ship manager Synergy Marine Group.
Swedish oil company Lundin Energy has named a new president and chief executive officer (CEO) effective as of 1 January 2021.
South Korean shipping major HMM revealed plans to form a joint venture company with Singapore’s port operator PSA International.
Finnish shipbuilder Meyer Turku has concluded the first phase of employee cooperation negotiations (YT negotiations) that will result in the permanent layoff of 166 people.
Vietnam National Shipping Lines (Vinalines), a maritime services and logistics supplier in Vietnam, will officially begin operations as a joint-stock company (JSC) on 1 September.
A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest level in more than 10 years.
Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel.
On August 6, Japanese shipping company NYK Line, shipbuilder Japan Marine United Corporation (JMU), and classification society Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel
Imports at major US retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the US economy continues, according to a new report released by the National Retail Federation (NRF) and Hackett Associates.
Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.
The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020.
Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, is on the lookout for a new CEp and CFO.
