New Houthi strike on boxship, as boarded bulker drifts in Arabian Sea
Hapag Lloyd vessel reported hit as Houthis attack commercial shipping on a daily basis
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December 2023
Congestion Plagues Brazilian Ports
Brazil is the world’s largest grain exporter, accounting for 24% of the world’s exports in 2022, and congestion has surged this year due to large harvests and low water levels in the Amazon River.“Congestion for ships loading grain cargoes at…
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Environmental Assessment Begins for Julimar Phase 3 Drilling and Subsea Installation
Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation.The Julimar field is located in Western Australian waters about 170km north-west of Dampier.Woodsi…
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Bid Round Raises Optimism in Brazil’s Deep Water Industry
On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie.Highlights from these bid rounds included:• The total amount in bonuses was US$85 million• 44 blo…
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Aker Capital Takes Larger Stake in Solstad Offshore
Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share.Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately…
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