Given the current situation in the Middle East, Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has shed light on the operational status of its rig fleet deployed in the region, highlighting that these jack-ups will be ready to resume activities once circumstances improve to ensure the safety of its employees and …
Four Borr Drilling rigs’ ops in Middle East on ‘standby’ Read More »
LNG The LNG spot market experienced an extraordinary surge this week off the back of the tensions surrounding Iran, with rates increasing across all major routes as LNG prices soared. On the BLNG1 Australia–Japan route, 174k cbm vessels climbed $181,600 week-on-week to settle at $223,000/day as sentiment firmed. The BLNG2 US Gulf–Continent route also saw …
The start of the US-Iran conflict and its impact on the maritime industry suggest that geopolitical concerns are here to stay. In this thought piece, we decode the initial impact of this conflict on maritime equities. Taking a bird’s eye view, the Drewry Container Shipping Equity indices are the only indices in our coverage universe …
Seafarers must not be targets, says Secretary-General Arsenio Dominguez after seafarer fatalities reported in Middle East. The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez has issued the following statement: “I am alarmed and deeply saddened to hear of a deadly attack on a vessel in the Strait of Hormuz on 6 March 2026, …
IMO Secretary-General: Seafarer deaths in Strait of Hormuz unacceptable Read More »
Operational Overview Traffic through the Strait of Hormuz remained near a standstill on March 7, with only three total crossings recorded and SAR imagery confirming continued lean traffic conditions through the waterway. The small number of successful transits suggests that passage remains possible for a narrow subset of vessels, even as the broader commercial picture …
March 8, 2026: Iran War Maritime Intelligence Daily Read More »
The IMO Sub-Committee on Human Element, Training and Watchkeeping (HTW 12), held from 23-27 February 2026, delivered progress across several areas of importance to the maritime workforce, including the comprehensive review of the STCW Convention and Code, training for alternative fuels and the launch of a new workstream on fatigue and hours of work and …
HTW 12: IMO advances seafarer training and launches new fatigue management initiative Read More »
Singapore’s Seatrium has been given the lead role in the conversion of a new floating storage regasification unit (FSRU), thanks to a deal with Türkiye’s floating power plant company Karpowership. The post Türkiye’s Karpowership puts Seatrium at the wheel of FSRU conversion job appeared first on Offshore Energy.
French shipping and logistics giant CMA CGM Group has completed what it says is […] The post CMA CGM completes its first and ‘China’s largest’ single biomethanol bunkering appeared first on Offshore Energy.
Oriel Windfarm, a joint venture between ESB and JERA Nex BP, has awarded a […] The post Fugro wins work on Irish offshore wind project appeared first on Offshore Energy.
Destaca el “China Zorrilla”, de Buquebus, que operará en la ruta Buenos Aires – Colonia
