Saipem has received a Letter of Award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located off Qatar.
After 11 months without pay for their families, 19 seafarers on board the MV Ula bulk carrier in the port of Shuaiba, Kuwait have gone on a hunger strike, the International Transport Workers’ Federation (ITF) said. The mixed crew from India, Turkey, Azerbaijan and Bangladesh are demanding immediate
The United States has initiated a process to seize alleged Iranian oil aboard a Liberian-flagged, Greek-owned tanker.
Iranian authorities have released the crew of Hankuk Chemi, a South Korean tanker seized due to “environmental pollution” off Oman a month ago.
Coastal Contracts and its partner JUB Pacific are entering the liftboat business with plans to pursue expansion in the oil and gas as well as venturing into the offshore wind market.
French shipbuilder Piriou has a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian provider of marine services to the offshore oil and gas industry.
Over 300 maritime industry and human rights leaders have signed a new global pledge urging for industry accountability and finally ending the deepening crew change crisis. The signatories of the Neptune Declaration on Seafarer Wellbeing and Crew Change vowed to deliver on a shared responsibility to
Qatargas Operating Company (Qatargas) has completed the first-ever commercial ship-to-ship (STS) transfer of LNG cargo involving a Q-Flex LNG vessel.
The newbuild tanker Global Star has been charted to energy giant Shell.
SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.
United Arab Chemical Carriers Limited (UACC), the Dubai-headquartered international shipping company, has entered into a definitive merger agreement to be acquired by United Overseas Group Ltd, a company controlled by Peter Georgiopoulos and Leonidas Vrondissis. The transaction is structured as a re
Iran has seized a South Korean chemical tanker Hankuk Chemi citing oil pollution in the Persian Gulf. The tanker was reportedly underway to Fujairah, in the UAE, from the Saudi city of Al-Jubail on Monday when it got detained. The Iranian Foreign Ministry said the reason behind the detainment was st
Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt structure with its banks.
Qatar’s Nakilat, the world’s largest LNG shipper, has taken delivery of a newbuild LNG carrier, Global Star.
