TGS clinches OBN seismic contract in Trinidad
Oslo-listed seismic data specialist TGS has won a shallow water OBN acquisition contract offshore Trinidad. The 3D baseline contract is scheduled to commence early in the third quarter 2025. The total duration of the survey is approximately 80 days. “Our OBN technology continues to be the preferred choice of the industry and exposes TGS to […]
There is no difference between CY and CFS…!!!
There is no difference between CY and CFS.. Read this article to find out more.. The post There is no difference between CY and CFS…!!! appeared first on Shipping and Freight Resource.
Odfjell eyes up to a dozen newbuilds in fleet renewal drive
Norwegian chemical tanker owner and operator Odfjell is forging ahead with fleet transition plans that could likely see up to a dozen additional newbuildings join the fleet in the future. The Oslo-listed company revealed in its annual report it is considering a potential construction of between six and 12 large stainless steel units (supersegregators) to […]
Berge Bulk takes stake in Genco
Singapore-based owner Berge Bulk has revealed a considerable ownership of stock in the US dry bulk player Genco Shipping & Trading. A filing to the US Securities and Exchange Commission showed that Berge Bulk’s vehicle Kibo Investment had picked up 3.13m shares in Genco, corresponding to a 7.3% stake. The stock buy-up in the New […]
Purus signs for LNG carrier newbuild in South Korea
Purus Marine has contracted an LNG carrier newbuild in South Korea. Brokers have named the UK-based owner behind a newbuilding contract announced by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) last week. HD Hyundai Samho will build the 180,000 cu m unit for about $262m, with delivery expected in December 2027. Established in 2020, […]
Peder Simonsen made permanent CEO of Golden Ocean
Peder Simonsen, the acting chief executive of bulker owner Golden Ocean, will continue in the role on a permanent basis. Golden Ocean’s chief of finance, Simonsen, was named interim CEO of the Nasdaq- and Oslo-listed owner of more than 80 bulkers last May when Lars-Christian Svensen decided to step down from the role. Svensen now […]
Eneos Drilling seals jackup deal in Vietnam
Japanese offshore contractor Eneos Drilling has secured employment for one of its jackup rigs in Vietnam. The Tokyo-based subsidiary of Eneos Xplora has fixed the 2018-built Hakuryu-14 to Japan Vietnam Petroleum Company for work on two wells in Block 15-2 offshore Vung Tau. The contract is set to start between the end of May and […]
ASCO bags Repsol contract in Norway
Aberdeen-based energy logistics group, ASCO, has won a three-year contract, with options, to provide base and logistics services for Repsol Norge in Tananger and Farsund, Norway. The deal, with an undisclosed value, covers a range of services, including warehouse management, cargo handling, waste services, transport and customs clearance, as well as personnel support for logistics, […]
The beauty of port navigation – where big and small come together to make magic
In a world where we are used to seeing images and videos of maritime disasters and events that highlight mistakes (both human and machine), thought I would share some footage of excellence.. In this captivating aerial drone footage shared by Captain Zarir (Soli) Iràni, we witness the magic of maritime mastery where a fleet of […]
China slaps retaliatory tariffs on all US goods
After US president Donald Trump imposed tariffs on countries across the world earlier this week, it did not take much time for Beijing to return the favor. The Chinese authorities said on Friday that the country would impose 34% tariffs on all imports from the US starting from April 10. This is on top of […]