As two U.S. aircraft carrier battle groups patrolled the Indian Ocean this week in an explicit effort to deter Iran from striking Israel and sparking a major regional conflict, a very different military messaging effort was underway in a luxury…
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DOF Secures Another Job in Asia Pacific
Norwegian offshore vessel operator DOF Group has secured a contract for subsea decommissioning services in the Asia-Pacific (APAC) region.The contract award includes project management, engineering, logistics support and execution of decommissioning ac...
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NKT Wraps Up Work on Shetland Renewables Interconnector
Danish subsea cable and services firm NKT, in close collaboration with SSEN Transmission, has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link.The 320 kV HVDC interconnector…
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MOL PLUS to Invest in Deep Tech Startup Fund
MOL PLUS intends to invest in deep tech through the “Global Fund 2” managed by UntroD Capital Asia.Deep tech is technology solutions based on substantial scientific or engineering challenges.Global Fund 2 aims to solve social issues by investing in dee...
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MSC Container Ship Sets Panama Canal Record
The MSC Marie transited through the Panama Canal on August 30, setting a new record for the largest-capacity container ship to sail the route.The 366-meter (1,200 feet) Neopanamax ship has a width of 51 meters (167.4 feet) and a maximum capacity of 17…
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MSI: Iron Ore Market is Flashing Warning Signs
In its August HORIZON Dry Bulk month report, Maritime Strategies International states that against potential optimism from lower interest rates to come, price action in the iron ore market has been flashing warning signs. Prices have dropped…
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Ship Recycling: Vessel Offerings Have Declined
Action in the Middle East, including a repeat Houthi attack on container vessel Groton in the Red Sea, has increased volatility in the region, and the already slim pickings of tonnage for recycling only got worse through August, reports cash…
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ABS Opens Office in World’s Largest Iron Ore Export Town
ABS is expanding its footprint in Western Australia, establishing a physical presence in Port Hedland, a key trading zone for dry bulk minerals in the Eastern Hemisphere. The new site joins other ABS locations in Perth, Cairns, Brisbane, Sydney and Mel...
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Study: Compressed Hydrogen Beats Ammonia on Capital and Energy Efficiency
Provaris Energy has completed a study for bulk-scale hydrogen export and import compression facilities that it says confirms the viability the low energy use and low capital of Provaris’ compressed hydrogen supply chain for regional marine transport of...
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Esgian Week 35 Report: Petronas Plans Return to Mexico
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup…
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