The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a second session on Friday, rising by 1.8% to 2,841 points, driven by gains across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also gained for a second day, …
Baltic Dry Index Rises for 2nd Day, Still Posts Weekly Loss Read More »
Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement) entered into force earlier this year, establishing the first global framework to protect biodiversity beyond national waters, raising important questions about the role shipping plays in future conservation. For the maritime industry, the Agreement on the Conservation …
What the new biodiversity agreement means for shipping Read More »
Cavotec has signed an order for a MoorMaster NxG automated vacuum mooring system at Jawaharlal Nehru Port Mumbai, one of India’s largest container ports. The order is valued at approximately EUR 5 million and represents the first deployment of automated mooring technology in India. The customer is Jawaharlal Nehru Port Authority (JNPA) and delivery to …
Cavotec signs an order for the delivery of the first automated mooring system in India Read More »
Nautilus International has welcomed significant pay improvements announced by Stena Line. The revised salary arrangements represent a substantial commitment to the company’s seafaring workforce and recognises the skills, experience and professionalism of maritime employees. Stena Line has identified workforce retention, continuity and stability as key priorities underpinning the changes. Speaking on behalf of Nautilus International, …
Nautilus Welcomes Significant Stena Line Investment in Maritime Professionals Read More »
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign off the coast of Mexico. The post $10.4B oil project nears offshore installation as key equipment reaches Mexico …
$10.4B oil project nears offshore installation as key equipment reaches Mexico Read More »
A consortium – consisting of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) – has won a new assignment for offshore platform decommissioning activities on the UK Continental Shelf (UKCS), representing its third contract from the same North Sea operator in the past year. The post Heerema, AF Gruppen take on …
Heerema, AF Gruppen take on 35,000-ton North Sea platform removal and recycling project Read More »
Brazilian state-owned energy giant Petrobras is advancing its push into West Africa’s offshore oil and gas frontier, entering negotiations for exploration contracts covering four blocks in Ghana’s Keta Basin as the Brazilian major seeks to replenish reserves and expand its international exploration portfolio. The post Petrobras targets West Africa offshore frontier with four-block talks in …
Petrobras targets West Africa offshore frontier with four-block talks in Ghana Read More »
Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which enables it to secure an indirect interest in petroleum …
El Puerto de Algeciras ha movido en julio más de 9 millones de toneladas, un 5´2% más que en el mismo mes del año anterior, tráfico empujado de forma especial por el crecimiento en la descarga de Graneles Líquidos, que con más de 3 millones de toneladas crecen por encima del 19%. Partiendo de estos …
El Puerto de Algeciras mueve 59 millones de toneladas de mercancías hasta julio Read More »
Following a streamer acquisition contract in the Mediterranean, Norway’s energy data and intelligence company […] The post TGS awarded data brokerage and licensing rights for block offshore Brunei appeared first on Offshore Energy.
