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Transocean scores 390-day Mediterranean Sea job for 2014-built drillship

Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea. The post Transocean scores 390-day Mediterranean Sea job for 2014-built drillship appeared first on Offshore Energy.

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria. The post ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria …

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria Read More »

Vessel order change: 4 conventional Ultramax and 6 Handysize newbuildings on shipbuilding menu

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has opted to make adjustments to its fleet expansion program, replacing its two previous vessel orders to secure six Handysize vessels and four conventional Ultramax newbuilds, with an option to acquire two dual-fuel Ultramax ships. The post Vessel order change: 4 conventional Ultramax and …

Vessel order change: 4 conventional Ultramax and 6 Handysize newbuildings on shipbuilding menu Read More »

India’s coal demand is rising, but high inventories are delaying imports, setting up a potential step-change in seaborne demand

India’s coal market shows signs of a demand–import lag, with recent flow data indicating the early stages of a potential shift. After several months of relatively soft seaborne volumes, import flows appear to have strengthened into March 2026, suggesting that the period of subdued buying may be ending and that inventory buffers could begin to …

India’s coal demand is rising, but high inventories are delaying imports, setting up a potential step-change in seaborne demand Read More »

First-ever global study reveals wind propulsion can cut fleet-wide emissions today but only with stronger policy action

A landmark study commissioned by Seas At Risk, drawing on 1.74 billion kilometres of real voyage data, the equivalent distance from the Earth to Saturn, finds that wind propulsion could reduce fleet-wide fuel use by 6.3–9.4% with even greater potential when combined with other measures. By 2050, it could deliver up to 762 million tonnes …

First-ever global study reveals wind propulsion can cut fleet-wide emissions today but only with stronger policy action Read More »

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