VLCC owners bank ‘massive premiums’ as S&P deals surge and asset prices spike
Buyers are making ‘zero effort’ to negotiate down asking prices, analysts say
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September 2026
Lomarlabs launches maritime cluster to push start-ups through the valley of death
New alliance has been founded by Lomarlabs, C-Job, Marin and Alpha Marine Consulting
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Maersk, Hapag-Lloyd Set for Return to Suez Canal Shipping
Shipping group Maersk said on Monday that four more of its joint container services with Germany’s Hapag-Lloyd will resume sailings through the Suez Canal, as they gradually return to using the shortcut between Asia and Europe.The Asia-Europe trade cor…
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Saipem hands Saudi jack-up fleet to ADES in strategic shallow-water exit
Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has…
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Thumbs-up for Equinor’s North Sea drilling ops with COSL rig
Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling c…
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