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HMM Commits US$1.61Bn to Box Ship Expansion With 12-Vessel Investment

HMM Commits US$1.61Bn to Box Ship Expansion With 12-Vessel Investment

South Korean shipping major HMM has committed approximately 1.61 billion dollars to expanding its container vessel fleet, combining orders for large newbuildings with acquisitions of feeders under construction. In a stoc…

Thu Oct 15 20268 min
Vessels Descend on South America for Next Seismic Surveys

Vessels Descend on South America for Next Seismic Surveys

Rising interest in exploring for large oil and gas fields offshore South America has provided opportunities for owners of survey ships. Norwegian owners are benefitting from increasing exploration and reservoir optimisat…

Thu Oct 15 20268 min
ARC Marine Reef Cubes Survive First Winter at RWE’s Rampion Wind Farm

ARC Marine Reef Cubes Survive First Winter at RWE’s Rampion Wind Farm

A first snapshot study into the engineering performance of Reef Cubes installed at RWE’s Rampion offshore wind farm as scour protection has found that the deployment remained stable throughout its first winter in the Eng…

Wed Oct 14 20268 min
Fugro Secures European Investment Bank Financing to Expand USV Operations

Fugro Secures European Investment Bank Financing to Expand USV Operations

Fugro has entered into a 150 million euro unsecured financing facility with the European Investment Bank to support the ongoing development and deployment of its uncrewed surface vessel technology. The facility will supp…

Wed Oct 14 20268 min
Equinor and Partners Announce Discovery at Grimsnes Near Oseberg Field

Equinor and Partners Announce Discovery at Grimsnes Near Oseberg Field

Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery in exploration well 30/8-7 S Grimsnes near the Oseberg field. The partnership is planning a fast and cost-effective development, tying…

Wed Oct 14 20268 min
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