‘Have patience’, Odfjell boss Harald Fotland urges as swing tonnage looks to quit chemical trades
Norwegian company’s head says crude tanker rates need to improve to pull up whole segment
February 2025
Offshore installation activities begin to connect Sicily to Sardinia and Italian peninsula
Italian cabling company Prysmian Group has kicked off the offshore installation activities for an […]
The post Offshore installation activities begin to connect Sicily to Sardinia and Italian peninsula appeared first on Offshore Energy.
Borr jack-up rig spuds final well on its list of drilling tasks with BW Energy
BW Energy has started drilling the last well in its current program at an oil field in the Dussafu license off the coast of Gabon, Africa. The drilling activities are being carried out with a jack-up rig owned by Borr Drilling, an offshore drilling con…
Borr jack-up rig spuds final well on its list of drilling tasks with BW Energy Read More »
Tanker rates crash from eastern Russia as new ‘clean’ vessels enter trade
Pressure on freight costs has eased following last month’s sanctions, traders say
Tanker rates crash from eastern Russia as new ‘clean’ vessels enter trade Read More »
Sale of veteran VLCC helps Japan’s Kyoei Tanker log huge profit jump
NYK-linked company said nine-month earnings were 300 times higher than in 2023
Sale of veteran VLCC helps Japan’s Kyoei Tanker log huge profit jump Read More »