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As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U.S.
https://www.marinelink.com/news/big-oil-finds-love-deepwater-exploration-513453
https://www.marinelink.com/news/big-oil-finds-love-deepwater-exploration-513453Key Bridge Unified command salvors have begun preparing for the removal of bridge section four, which lies across the bow of the M/V Dali.The operation requires careful handling of roadbed material, crushed containers and bridge fragments currently…
https://www.marinelink.com/news/unified-command-prepares-removal-bridge-513454
https://www.marinelink.com/news/unified-command-prepares-removal-bridge-513454The White House has nominated Matt Kaplan to serve as the first federal co-chair of the Great Lakes Authority (GLA).The GLA was authorized by Congress in 2022 and will be governed by a nine-member board, with one member appointed by the President…
https://www.marinelink.com/news/matt-kaplan-lead-new-great-lakes-513455
https://www.marinelink.com/news/matt-kaplan-lead-new-great-lakes-513455Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM to collaborate on the development of legislation, regulations and technology in marine tourism.The partnership will facilitate the sharing of expertise with…
https://www.marinelink.com/news/saudi-red-sea-authority-neom-sign-tourism-513456
https://www.marinelink.com/news/saudi-red-sea-authority-neom-sign-tourism-513456Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS)…
https://www.marinelink.com/news/esgian-week-report-confirmations-513458
https://www.marinelink.com/news/esgian-week-report-confirmations-513458Meyer Turku Group's results for 2023 indicate the company's turnover was 1.43 billion euros, which means a growth of 10.6% compared to the previous year.Both the turnover and the number of personnel have been growing for three consecutive years.
https://www.marinelink.com/news/meyer-turku-group-increases-turnover-513459
https://www.marinelink.com/news/meyer-turku-group-increases-turnover-513459Activity across the Indian sub-continent ship recycling markets has been climbing on the back of recently witnessed agitations in the trading lanes, reports cash buyer GMS.“A growing number of Ship Owners are biting the recycling bullet and selling their overaged but still trading vessels.
https://www.marinelink.com/news/ship-recycling-activity-climbs-week-513460
https://www.marinelink.com/news/ship-recycling-activity-climbs-week-513460The first boxship orders from a global liner since the middle of January have filtered in. MB Shipbrokers, formerly Maersk Broker, is reporting Taiwan’s Evergreen has placed an order for six 2,400 teu ships at Huangpu Wenchong for an estimated $53m per unit. The ships will start delivering from the second half of 2026. The …
https://splash247.com/evergreen-orders-six-boxships-in-china/
https://splash247.com/evergreen-orders-six-boxships-in-china/Huanghai Shipbuilding in northeast China has sealed a debut product tanker newbuilding deal with a compatriot owner. Tianjin-based New Legend Group has contracted the yard in Weihai for two firm and two optional 50,000 dwt MR product carriers. Financial terms surrounding the first pair delivering in 2026 have not been divulged. Other yards in China …
https://splash247.com/huanghai-shipbuilding-scores-mr-tankers-deal/
https://splash247.com/huanghai-shipbuilding-scores-mr-tankers-deal/Japanese owner Kasuga Kaiun has returned to Chinese builder New Dayang to order its third ultramax bulk carrier newbuild at the shipbuilding arm of state-run machinery manufacturer Sumec Group. The deal worth about $34m follows New Dayang’s breakthrough into the Japanese market when the same owner signed up for a pair of 64,100 dwt vessels …
https://splash247.com/japans-kasuga-adds-to-ultramax-orders-in-china/
https://splash247.com/japans-kasuga-adds-to-ultramax-orders-in-china/