Futures markets pointing to sharp dips in container freight rates in 2025
Falls of up to 70% are priced in amid fears of growing overcapacity
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August 2024
Salvage of Stricken Oil Tanker Sounion Expected in Coming Days
A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on Friday.What was decided yesterday is an i…
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TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (Video)
TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the w…
TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (Video) Read More »
Velesto optimistic about jack-up market’s future, with ‘another excellent quarter’ in the bag
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
The post Velesto optimistic about jack-up market’s future, with ‘another …
ABB, Wallenius Marine partner up to monitor CII performance of 6 Terntank tankers in new trial
Swedish-Swiss equipment provider ABB and Swedish ship design and management company, Wallenius Marine, have […]
The post ABB, Wallenius Marine partner up to monitor CII performance of 6 Terntank tankers in new trial appeared first on Offshore Ene…