GMF VLCC fixed for a year as term rates hold up in rising spot market
Twelve-month deals hovering not far from spot rates as South Korean owner takes cover
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Mine-hit ship at centre of legal showdown over forged war-risk cover
Judge ordered payout despite cargo ship having inadequate cover before Ukraine port call
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IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027
The world oil market will recover gradually from the closure of the Strait of Hormuz before tipping into a significant surplus in 2027, the International Energy Agency said in its monthly oil market report on Wednesday.The U.S. and Iran reached an agre…
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EnerMech delivers offshore pipeline scope for ExxonMobil Australia
Aberdeen-headquartered integrated solutions specialist EnerMech has completed a cleaning and preparation scope on an […]
The post EnerMech delivers offshore pipeline scope for ExxonMobil Australia appeared first on Offshore Energy.
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Hanwha Ocean strikes deal with Kanata on huge Canadian FLNG project
New partners set to explore $15.7bn offshore LNG production aimed at supplying Asia
Hanwha Ocean strikes deal with Kanata on huge Canadian FLNG project Read More »