OOCL, owned by China’s COSCO, posted its interims yesterday in which it noted in a release that the potential extra port charges levied by the US on Chinese carriers will have a “relatively ...

Maersk’s port operating arm, APM Terminals, has signed a memorandum of understanding with India’s Andhra Pradesh Maritime Board to invest 9,000 crore (around $1.1bn) in the development of ...

Oslo-listed jackup rig player Shelf Drilling has won a one-year contract extension for one of its rigs. Cabinda Gulf Oil Company, a Chevron subsidiary, extended the contract for the 2007-built ...

Houston-based offshore energy services company Helix Energy Solutions has been awarded a multi-year contract for production enhancement and well abandonment services in the US Gulf of Mexico.

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility ...

French liner giant CMA CGM is making a strategic minority investment in US-based Vanguard Renewables through its energy fund PULSE, securing long-term access to volumes of renewable natural gas ...

Japanese offshore contractor Eneos Drilling has won work for one of its jackup rigs in Vietnam. The company said that the Vietnamese subsidiary of US oil and gas player Murphy Oil hired the 2013 ...

Subsea well construction and intervention services provider AKOFS Offshore has won a contract for one of its multipurpose service vessels (MPSV) with Brazilian state-owned giant Petrobras.

Malaysia’s Lianson Fleet Group (LFG) is broadening its presence in shipping with the acquisition of a 2012-built supramax bulk carrier, moving beyond its traditional offshore support vessel (OSV ...

Panels are beginning to coalesce for next April’s Geneva Dry, the world’s premier commodities shipping conference. As in past editions, the two-day event will close with a very high level ...

Two well-known names in LNG shipping have been linked to fresh orders at Samsung Heavy Industries, as newbuilding activity in the gas carrier segment shows signs of life. The South Korean yard ...

Energy supermajor BP has awarded two major engineering contracts to the SOCAR-KBR joint venture for work on the Shah Deniz Compression (SDC) and Sangachal Terminal Electrification (STEL) projects.