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U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd)…
https://www.marinelink.com/news/beacon-offshore-energy-expects-first-oil-525422
https://www.marinelink.com/news/beacon-offshore-energy-expects-first-oil-525422A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said during a conference on Tuesday.The…
https://www.marinelink.com/news/exxon-consortium-produced-bpd-guyanese-525423
https://www.marinelink.com/news/exxon-consortium-produced-bpd-guyanese-525423Asia’s seaborne thermal coal prices have slumped to four-year lows as the region’s heavyweight buyers China, India and Japan all import less of the power-station fuel. Prices for the main grades of thermal coal shipped from top exporters Indonesia and Australia have been on a sustained downtrend since October last year, and this has accelerated ...
https://www.hellenicshippingnews.com/thermal-coal-prices-hit-4-year-low-in-asia-as-china-imports-wane/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged lower on Tuesday, pressured by lower rates across the capesize and panamax segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost 15 points to 1,406. The capesize index lost 42 ...
https://www.hellenicshippingnews.com/baltic-index-falls-on-lower-capesize-panamax-rates-3/
https://www.hellenicshippingnews.com/baltic-index-falls-on-lower-capesize-panamax-rates-3/Norwegian offshore vessel owner DOF has been awarded contracts in Brazil for two of its vessels. The 2007-built diving support vessel Skandi Achiever was awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025. The second …
https://splash247.com/dof-vessel-duo-get-work-off-brazil/
https://splash247.com/dof-vessel-duo-get-work-off-brazil/New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships. The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to begin in the third quarter of 2026. Based on an estimated duration of 250 days, the total contract value is …
https://splash247.com/valaris-bags-135m-drillship-deal-in-africa/
https://splash247.com/valaris-bags-135m-drillship-deal-in-africa/Danish liner giant Maersk has contracted Nokia to equip 450 vessels in its fleet with private wireless. The move is part of Maersk’s rollout of its new digital connectivity platform, OneWireless, which aims to offer real-time cargo tracking, enhanced supply chain visibility, and improved operational efficiency. “By transitioning to Nokia’s private wireless technology, Maersk will …
https://splash247.com/nokia-to-provide-private-wireless-to-maersk-ships/
https://splash247.com/nokia-to-provide-private-wireless-to-maersk-ships/American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, marking an advancement in the application of the solution for Floating Production Storage and Offloading (FPSO) units.Akselos’ SPM software provides a high-fidelity…
https://www.marinelink.com/news/abs-akselos-deepen-fpso-digital-twin-tech-525396
https://www.marinelink.com/news/abs-akselos-deepen-fpso-digital-twin-tech-525396Crane specialist Huisman has secured another contract for the delivery of Knuckle Boom Cranes, which will be installed on Sea1 Offshore’s new offshore energy support vessels.The two 250 mt Knuckle Boom Cranes will be installed of ST-245-designed vessels.The contract was signed with COSCO Shipping…
https://www.marinelink.com/news/huisman-books-twocrane-order-sea-525398
https://www.marinelink.com/news/huisman-books-twocrane-order-sea-525398A total of 18 attorneys general filed a lawsuit in federal court challenging US president Donald Trump’s order to shut down offshore wind projects, stating that such a move was “unlawful and can jeopardise the continued development of a power source critical to the states’ economic vitality, energy mix, public health, and climate goals.” The …
https://splash247.com/18-us-states-suing-trump-over-shutdown-of-wind-projects/
https://splash247.com/18-us-states-suing-trump-over-shutdown-of-wind-projects/