Moody's Downgrades Maersk
Moody's Investors Service has downgraded ratings for AP Moller-Maersk after a review of the Denmark-based shipping and oil company. Moody's expressed concerns about…
Tower Resources Hires Vantage Drilling for Cameroon Well
UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon.
Swissco Sells Vessels to Allianz Middle East
Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division…
Estonian Port Offers Discounts to Green Ships
Estonian port authority Tallinna Sadam (Port of Tallinn) announced that starting from next year the ships that have joined the Environmental Ship Index (ESI) can…
SHI Bags $358m Order for 2 LNGC
South Korean shipyard Samsung Heavy Industries (SHI) revealed that it has clinched a KRW 400bn (USD358 million) deal to build two LNG carriers.According to a press release from the Korean shipbuilder…
Sound Energy Starts Drilling Well in Eastern Morocco
Moroccan focused upstream gas company Sound Energy confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco…
IWAI Orders Six Methanol-Fuelled Vessels
The Inland Waterways Authority of India (IWAI) has planned to retrofit its work boats with green fuel and also placed orders with Cochin Shipyard Ltd (CSL) for procuring six new vessels…
UNCTAD Calls on Ports to Address Climate Change
About 80% of world trade is carried by sea, but the maritime industry handling these goods is on the frontline of climate woes, unless it adapts - fast.United Nations…
Swedish Club Maintains Zero Per Cent General Increase
The mutual marine insurance company Sveriges Angfartygs Assurans Forening (The Swedish Club) has announced a zero per cent general increase for the forthcoming P&I…
Tellurian in LNG Supply Deal with Vitol
Tellurian announced that its subsidiary, Tellurian Trading, has entered into a Memorandum of Understanding (MOU) with Vitol to supply 1.5 million tonnes per annum…
McLane Research Laboratories Announces New WTS-LV Deep
The manufacturer time-series oceanographic profilers, samplers, and flotation McLane Research Laboratories announced a new a 7,000m (23,000ft) deep option for WTS-LV samplers.
AGR, First Geo to Merge
Norwegian offshore oil and gas consultancy and services companies First Geo (owned by Akastor), and AGR Bidco are set to merge."Akastor AS (Akastor), has entered…
