Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater…
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Blowing in the Wind: Louis Dreyfus Armateurs Plows Forward on Offshore Fleet Renewal
Louis Dreyfus Armateurs, a 170-year-old French family-owned company operating across a broad swath of maritime and offshore energy, recently announced a shipbuilding order and fleet expansion with the order for a series of three next generation SOVs…
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DEME Concludes Havfram Acquisition
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced i...
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Danish Shipping Welcomes Activation of War Insurance Move
A new legislative proposal on war insurance will ensure that the Danish merchant fleet can remain insured and continue sailing in the event of war.In the extraordinary situation where Denmark and Danish shipping are severely impacted by war…
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Experience Custom Yacht Signs and Designs Tailored to Perfection!
YACHT SIGNSAt Yacht Signs, we excel in creating stunning illuminated yacht names and logos, durable stainless steel yacht lettering, and cutting-edge LED and fiber optic solutions. Our comprehensive services also include in-house design and…
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The Biggest Conservation Commitment in the World
At COP 15 in December 2022, over 190 countries adopted a framework for action in support of the Convention on Biological Diversity.The framework includes 23 targets aimed at reversing habitat and species loss. Target 3, known as “30x30”, calls…
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Spill Response Intensifies in Louisiana
Responders have recovered approximately 32,718 gallons of oily water mixture after a spill that occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans…
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Crowley Names Vice President of Operations for Fuels Business Serving Alaska
Josh Cheshier has been named vice president of operations for the Crowley Fuels business unit which provides energy distribution and supply chain solutions throughout Alaska.With more than two decades of expertise in the energy sector, Cheshier brings ...
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New Chief Executive Appointed at MPA Singapore
Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current rol...
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Mediterranean ECA Effective May 1
The Mediterranean Sea Emission Control Area (ECA) for sulphur oxides enters into effect on 1 May.This will make the Mediterranean Sea the fifth ECA for sulphur oxides in the world.In the Mediterranean Sea, it means ships will have to use marine fuel wi...
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