Wallenius Wilhelmsen Bags $140M Multi-Year Shipping Contract

Wallenius Wilhelmsen has signed a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers.The contract is estimated to have a value of approximately $140 million based on

DOF Develops Cable Repair Spread for Offshore Wind Services

Offshore services provider DOF has announced an investment in a modular cable repair spread designed to expedite offshore wind operators’ response to cable faults.Engineered for compatibility across DOF’s fleet of 65 vessels,

EMGS Diversifies Business with Siem Day Subsea Construction Vessel Buy

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of

EU Releases Roadmap for Ending its Dependency on Russian Energy

The EU will end its dependency on Russian energy by stopping the import of Russian gas and oil and phasing out Russian nuclear energy, while ensuring stable energy supplies and prices across

Beacon Offshore Energy Expects First Oil From Shenandoah System in June

U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000

Exxon Consortium Produced 668,000 bpd in Guyanese Oil Last Week

A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South

Survitec Expands Fujairah Service Station to Better Serve Middle East Operations

Survitec, a global leader in Survival Technology, has announced an expansion of its Fujairah service station.The move, which adds 1,350 square meters of new capacity, transforms the UAE-based facility into a full-service

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

British maritime security firm Ambrey reported on Tuesday that the paramilitary Rapid Support Forces (RSF) had launched a drone attack on facilities at Port Sudan, targeting the container terminal and escalating a two-year-long conflict.Ambrey…