Offshore drilling contractor Noble Corporation has secured a new contract for one of its seventh-generation drillships in the U.S. Gulf of Mexico. Noble Valiant drillship; Source: Noble Corp According to Noble, the Noble Valiant drillship won a six-month contract with LLOG to perform drilling services in the U.S. Gulf of Mexico. The rig owner explains that this …

Noble drillship gets new job in Gulf of Mexico Read More »

Hamburg-based shipping company United Product Tankers (UPT), part of German firm Schoeller Holdings, has confirmed the order for four eco-friendly tankers in China. The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage. The tanker sector stands out as the frontrunner in this surge of newbuilding orders, with several major deals …

Schoeller’s UPT confirms order for eco-friendly tanker quartet Read More »

Egyptian President Abdel Fattah El- Sisi signed the law of the concession for Container Terminal 2 in East Port Said Port to the Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s terminal brand APM Terminals. Image credit: APM Terminals The contract includes financing, design, development, management, operation, maintenance, and re-delivery of the …

Egyptian President clears East Port Said container terminal 2 concession deal with Maersk Read More »

Puertos de Tenerife se ha sumado a las muestras de agradecimiento que la ciudadanía e instituciones están haciendo llegar a todos los que, desde cualquier ámbito, enclave y profesión, están trabajando para controlar el incendio declarado en Tenerife en la noche del pasado 15 de agosto y que asola a nuestros montes. Dicho agradecimiento se …

Puertos de Tenerife, agradecido con que combate el fuego en la isla Read More »

The transition to a fully decarbonized energy system was always bound to be a very costly, yet vital, undertaking. Therefore, the industry will have to rely on government funding to a large extent for the foreseeable future should the transition be achieved in a timely and efficient manner. Europe and the United States have set …

In focus: Backed with government and private funding, offshore energy and shipping industries go full steam ahead towards net-zero future Read More »

Norwegian oil and gas player Vår Energi has picked a sixth-generation semi-submersible rig from COSL Offshore Management, part of COSL Drilling Europe, for drilling operations in the Barents Sea with the aim of ramping up the search for more hydrocarbons in this area offshore Norway. COSL Prospector rig; Credit: COSL Drilling Europe The new two-year contract …

Another rig deal for COSL as exploration activity heats up off Norway Read More »

The International Union of Marine Insurance (IUMI) has published recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of these fires are attributable to electric vehicles. “Our paper draws on a …

IUMI: EV-caused fires are not more frequent than in conventional vehicles Read More »

Canadian renewable energy company World Energy GH2 has been granted approval of Crown land application by the province of Newfoundland and Labrador for its large-scale green hydrogen project – Project Nujio’qonik. Illustration only; Archive. Courtesy of Port of Stephenville The company said that the land approval marks its latest major achievement and propels Project Nujio’qonik …

World Energy GH2 secures land approval for its green hydrogen project Read More »