Dutch dredging and offshore major Van Oord has today signed a contract with DONG Energy to install foundations at the UK Burbo Bank Extension offshore wind farm. The project involves 32 monopiles and ...
Van Oord wins Burbo Bank Extension wind farm contract
Speculation mounts on cancellation of Abbot Point project
Speculation that Indian conglomerate Adani Group is about to cancel its controversial Abbot Point port and mining project in northern Queensland surfaced on 24 June following reports that it had ...
Virgin selects Miami as home port for cruise ship venture
Virgin Cruises, the new cruise shipping venture set up by Sir Richard Branson, has selected PortMiami as the home port for its first cruise ship that will set sail in 2020. The company has also signed ...
Shanghai to open coastal trade to overseas container carriers
Shanghai plans to offer cabotage trading right to foreign-controlled container shipping companies registered in the port city's free-trade zone (FTZ). China-flagged container ships controlled by ...
Asian Supramax rates push up on higher demand
Supramax bulker freight rates are getting higher in recent days as more coal and nickel ore are being moved from Southeast Asia to China and India. The Baltic Exchange Supramax-Asia index on 24 June ...
Twenty-seven companies vie for Sewol salvage job
Twenty-seven companies will be bidding to salvage the capsized Sewol ferry. The tender, called by South Korea's Ministry of Oceans and Fisheries (MOF), closed on 23 June. The companies formed seven ...
Transocean delays delivery of two drillships from Sembcorp Marine
US-listed drilling company Transocean Inc has deferred the delivery of two ultra-deepwater drillships being constructed at Singapore's Sembcorp Marine. According to Transocean's fleet status report ...
Alam Maritim bags $5.9m Chevron Malaysia job
Malaysia-listed offshore services provider Alam Maritim Resources has clinched a MYR22 million (USD5.9 million) contract from oil and gas company Chevron Malaysia. The contract was signed by its joint ...
China CSSC reports strong orderbook of 163 ships, 10 rigs
Shanghai-listed China CSSC Holdings announced on 24 June that the company has secured orders for 163 vessels, totalling 20.57 million dwt, and 10 rigs as of 31 December 2014. In 2014 the company ...
Ezra shareholders approve rights, convertible bonds issues
Singapore-listed offshore services provider Ezra Holding has obtained approval from its shareholders to authorise convertible bonds and rights issues. The company is expected to raise approximately ...