‘Caught in a trap’: Owners who waited too long to renew fleets are now in price vice, says DNV
Owners may have waited too long to renew their fleets and now have to pay more for newbuilds
Owners may have waited too long to renew their fleets and now have to pay more for newbuilds
‘Many owners in strategic trap … and now have to renew at current prices’
Owners waited too long to renew fleets, says DNV Read More »
Subsea7 in August announced it was awarded a “sizable” contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and offshore installation (EPCI) work in the U.S. Gulf of Mexico.The company revealed…
Subsea7 Reveals it is Supporting Shell’s Vito Waterflood Project Read More »
A rare cruise by two German warships in the Indo-Pacific region will demonstrate a commitment to open navigation, the admiral in charge of the naval task force said on Friday, but he declined to confirm if they would transit the contested Taiwan Strait…
German Warships Deploy to Secure Sea Lanes in Indo-Pacific Read More »
Frontline boss believes compliance requirements would be eased in stronger tanker markets
Charterers’ scruples over tanker age will wobble at rates of $100,000, Barstad says Read More »