SBM Offshore orders FPSO hull from Shanghai Waigaoqiao Shipbuilding
Dutch floater expert SBM Offshore has ordered another FPSO hull based on its universal Fast4Ward design from China’s Shanghai Waigaoqiao Shipbuilding (SWS). This will be the sixth such hull the firm ordered from SWS. The FPSO, once completed, will be able to hold 2.3m barrels of oil while the hull is 333 m long and […]
One of Constellation’s stars nets $61m worth of work from Petrobras
Brazilian offshore driller Constellation Oil Services has bagged an extension of a contract for one of its semi-submersible drilling rigs with Petrobras. The contract extension was awarded to the Atlantic Star and is for an additional period of up to 301 days. The extension is valued at up to $61m. The 1976-built floater for plug […]
Windward to be acquired by US investor FTV Capital for $270m
London-listed Israeli predictive maritime intelligence firm Windward is set to be acquired by US investment firm FTV Capital in a deal valued at £216m ($270m) million. Windward will be bought out by Octopus UK Bidco, a subsidiary of FTV Capital’s investment fund at 215p per share, a 47% premium on Windward’s last closing price. The […]
FESCO ship capsizes at Istanbul berth
Fifteen crew on the FESCO-owned container vessel Amnah were forced to jump ship as the loading of the vessel failed leading the ship to capsize. Ten crew were rescued by emergency services and five others swam ashore unaided as the vessel listed sharply before coming to rest on its port side dumping freight containers into […]
Yang Ming unveils 2025 Transatlantic service network
Taiwanese box line Yang Ming announced its 2025 Transatlantic services, set to commence in February 2025. These new offerings include three service routes connecting major ports in Continental Europe with the United States East and West Coasts. Here are the details of the 2025 Transatlantic service rotations: North Europe – US East Coast & West […]
RMG Crane Automation – The double edged sword – balancing port efficiency and labor
Automated Rail-Mounted Gantry (RMG) cranes, first introduced in the early 2000s and becoming more widespread by 2007, have significantly enhanced efficiency in container handling at ports by automating many tasks traditionally performed by human labor. The advent of RMG automation has revolutionized the logistics and shipping industry, offering substantial advantages in terms of efficiency, precision, […]
Seatrium wins contract for Gulf of Mexico production unit from BP
Singapore shipyard group Seatrium has signed a contract with energy supermajor BP for engineering, procurement, construction, and onshore commissioning work for the Kaskida floating production unit set to be deployed in the US Gulf of Mexico. The Kaskida project is a greenfield development located approximately 400 km southwest of New Orleans, in the Keathley Canyon area […]
CMA CGM ships set to call Odesa
French liner operator CMA CGM is resuming its services to Ukraine. The Marseille-based carrier will introduce a new loop linking Piraeus and Istanbul with Odesa through the new Odessa Express (ODX) at the end of next month. The move will see CMA CGM become the second major operator to return to Ukraine with its own […]
Jan De Nul to install subsea cables for two French floating wind farms
Belgian marine contractor Jan De Nul has won a contract from France’s transmission system operator RTE to supply and install the export cables for two floating wind farms. In partnership with Hellenic Cables, Jan De Nul is responsible for designing, manufacturing, installing and protecting three HVAC 225 kV cable systems spanning around 150 km. The […]
Enhanced Role of Spanish Ports Amid Red Sea Rerouting
In the intricate web of global maritime logistics, Spanish ports have emerged as pivotal nodes, increasingly instrumental amid the complexities introduced by rerouting due to geopolitical tensions, environmental issues, or infrastructural evolutions worldwide. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an […]