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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…
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…
Nemeca Maritime has contracted Sanmar Shipyards to build a new azimuth stern drive harbour tug in Turkey to enhance its fleet providing ship assistance and towage in Greece. The Piraeus-headquartered owner has ordered a…
Greek shipowner Chemnav Shipmanagement has re-entered the Suezmax tanker market with a newbuilding order in China. Shipbroking sources have linked the company to an order for two 158,000-dwt vessels at Penglai Zhongbai J…
Container ship transits through the Suez Canal have recovered significantly from their post-disruption lows, with analysts expecting a full return to the route early next year. Weekly container ship capacity transiting t…
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