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Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and…
https://www.marinelink.com/news/hormuz-disruption-shifts-lng-bargaining-541457
https://www.marinelink.com/news/hormuz-disruption-shifts-lng-bargaining-541457DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the…
https://www.marinelink.com/news/dof-reshapes-fleet-sixvessel-transactions-541459
https://www.marinelink.com/news/dof-reshapes-fleet-sixvessel-transactions-541459Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project.The campaign…
https://www.marinelink.com/news/saipem-marks-neptun-deep-offshore-541464
https://www.marinelink.com/news/saipem-marks-neptun-deep-offshore-541464UAE shipbuilder Grandweld Shipyards has secured a contract from Bahri Logistics, the logistics arm of Saudi Arabia's national shipping company Bahri, to design and build two offshore support vessels (OSV) for operations at Ras Tanura Port.The…
https://www.marinelink.com/news/grandweld-lands-bahri-logistics-osv-541465
https://www.marinelink.com/news/grandweld-lands-bahri-logistics-osv-541465German-based engineering firm Sonplas has developed explosion-proof thermal chambers designed to test fuel and energy system components under controlled temperature conditions in hazardous environments, as demand grows for validation of equipment used with alternative fuels such as hydrogen…
https://www.marinelink.com/news/sonplas-unveils-explosionproof-test-541466
https://www.marinelink.com/news/sonplas-unveils-explosionproof-test-541466In the first half of the year, the Port of Bilbao handled 17,317,427 tons of cargo, an increase of 1,893,980 tons and 12.3% up on the same period last year. This figure represents the highest year-on-year growth recorded at the start of a year for the last twenty-two years…
https://www.marinelink.com/news/port-bilbao-sees-largest-yoy-growth-541471
https://www.marinelink.com/news/port-bilbao-sees-largest-yoy-growth-541471Today, Thursday, July 23 2026, the Baltic Dry Index climbed 10 points, reaching 2725 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2725-up-10-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2725-up-10-points/Malaysia’s Velesto Energy has landed a contract from Hess, a Chevron subsidiary, to provide integrated rig, drilling, and completion services in the North Malay Basin. The contract, worth around $51m (RM208mil), was disclosed in a filing with Bursa Malaysia and was handed to the Naga 8 jackup rig, set to start drilling in August. Work …
https://splash247.com/velesto-bags-51m-north-malay-basin-contract/
https://splash247.com/velesto-bags-51m-north-malay-basin-contract/Norwegian offshore vessel owner DOF has moved to reshape its fleet with a mix of divestments, newbuild acquisitions, and an insurance payout after declaring a total loss on the Skandi Amazonas. The company said it has agreed to sell four platform supply vessels — Skandi Mongstad, Skandi Flora, Skandi Feistein, and Skandi Kvitsøy — while …
https://splash247.com/dof-revamps-fleet-with-vessel-sales-and-csv-acquisitions/
https://splash247.com/dof-revamps-fleet-with-vessel-sales-and-csv-acquisitions/Improving injury rates are masking the continued threat of fatal accidents across the offshore marine contracting industry, according to a report published by the International Marine Contractors Association (IMCA). The new Annual Safety Statistics Report revealed that fatalities more than doubled despite overall safety performance improving. The report, based on one of the largest safety …
https://splash247.com/improving-safety-record-masks-rise-in-offshore-fatalities/
https://splash247.com/improving-safety-record-masks-rise-in-offshore-fatalities/