South Korean shipbuilding giant Samsung Heavy Industry has to pay $411 million to offshore drilling contractor Stena Drilling, a London arbitration tribunal has ruled.The spat between the two companies began after Stena Drilling in 2017 terminated…
Samsung Heavy Ordered to Pay $411M to Stena Drilling in Canceled Offshore Rig Order Case Read More »
The Japanese major will develop a new business unit dedicated to carbon neutrality and renewable energy projects
Related StoriesVessels sell-off lifts Maersk Product Tankers to record profitProduct tanker sell-off lifts M…
K Line launches carbon neutrality unit Read More »
Norwegian group exercises option to add 25% to investment made last year
Wilhelmsen builds stake to 50% in Ostensjo’s Edda Wind Read More »
The mere threat of a work stoppage by longshore workers at Canada’s Port of Montreal is forcing North American importers and exporters to divert large volumes of international cargo away from the…
[[ This is a content summary only. Visit my website …
Montreal labour dispute may cause major disruptions, association warns Read More »
A Chinese-flagged fishing vessel has run aground off the coast of Mauritius causing a […]
The post Chinese-flagged fishing vessel causes minor spill off Mauritius appeared first on Offshore…
[[ This is a content summary only. Visit my website…
Chinese-flagged fishing vessel causes minor spill off Mauritius Read More »