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Houston-based oilfield service giant SLB has been awarded a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the Santos Basin. The wells, which ...

Offshore contracting giant TechnipFMC has been awarded a contract to supply subsea production systems for ExxonMobil’s Hammerhead development in Guyana’s Stabroek Block. TechnipFMC will provide ...

It might be the world’s premier maritime hub, but the bills are a pain. How do you run a tight ship in the Lion Republic? Singapore may be celebrated as one of the world’s most efficient and stable ...

Container freight rates are sliding further, with Drewry’s World Container Index (WCI) dropping 8% this week to $1,761 per feu — the fifteenth consecutive weekly decline. The fall is being felt across ...

Chinese automotive giant Geely Holding has expanded its green drive into shipping with the launch of the Yuanchun 001, billed as the world’s first methanol-hydrogen electric multi-purpose riverboat.

Samsung Heavy Industries has successfully completed a transpacific voyage using its in-house developed autonomous navigation system, underscoring the growing race among Korean shipyards to lead in ...

Singapore offshore vessel player and shipyard Marco Polo Marine will be expanding its fleet with the addition of two newbuild anchor handling tug supply (AHTS) vessels. With a combined value of ...

The consortium of TotalEnergies and RWE has been selected as the winner of the Centre Manche 2 (AO8) offshore wind tender. The French Ministry of Industry and Energy chose the consortium for the ...

China’s Nanjing Tanker has signed up for a new 9,500 cu m ethylene carrier, expanding its reach in the gas shipping market. The order, placed through subsidiary Shanghai Changshi Shipping at China ...

Malaysian flagship MISC and Samsung Heavy Industries (SHI) have received an approval in principle (AiP) from Bureau Veritas Marine & Offshore (BV) for their pioneering design of the world’s first ...

Norwegian offshore vessel owner DOF has won a contract extension for one of its construction support vessels (CSV) in Argentina. French giant TotalEnergies awarded the extension to the 2000-built ...