Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…
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Mermaid Secures $10M Loan to Repay Subsea Vessel Acquisition
Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital Inte...
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Venezuela Slams Deployment of British Warship to Guyana
Venezuelan President Nicolas Maduro on Thursday said the deployment of a British warship to waters off the coast of Guyana breaches the "spirit" of an agreement reached between Venezuelan and Guyanese authorities.Guyana and Venezuela agreed…
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Maersk Signs Methanol Bunkering MoU with City of Yokohama
A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical. The agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU…
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Red Sea Shipping Workarounds Add Costs, Delays for Suppliers
Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.Suppliers for the likes of I...
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US Shoots Ballistic Missile Down in Red Sea
The United States on Thursday said it shot down one drone and one anti-ship ballistic missile in the Southern Red Sea that were fired by Houthis in the 22nd attempted attack on international shipping since October 19.There was no damage or reported inj...
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US Allies Reluctant on Red Sea Task Force
U.S. President Joe Biden hoped to present a firm international response to Yemen's Houthi attacks on Red Sea shipping by launching a new maritime force, but a week after its launch many allies don't want to be associated with it, publicly, or…
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China Aims to Build More than Half the World’s Cleaner-fuel Ships by 2025
China has set itself the goal of producing more than half of the world's ships powered by cleaner fuels by 2025, in guidelines published by the industry ministry on Thursday.It did not give any estimates of the number of ships involved.
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Germany in Talks with EU Partners on Red Sea Maritime Mission
Germany and its European Union partners are examining whether they could mount a new maritime mission to protect commercial vessels under threat of attack in the Red Sea, a foreign ministry spokesperson said on Thursday."We as the German government are...
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Island Offshore Lines Up Long-term Work for Island Condor
Norwegian shipowner Island Offshore announced it has secured long-term employment for its offshore support vessel Island Condor, commencing in autumn 2024."This is a fantastic Christmas gift for the company! We have worked purposefully to secure…
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