Hong Kong court jailed a Chinese-registered tanker master for 14 months after a guilty plea over a fatal collision with a fishing boat on 17 November 2024.
COSCO Shipping Specialised Carriers has approved four 40,000 DWT multipurpose heavy-lift newbuildings at CSSC Chengxi, targeting 2028–2029 delivery to support wind and project cargo transport.
Revolution Wind LLC contests BOEM’s 22 December 2025 lease-suspension action and plans an injunction request, citing 87% completion and 58 of 65 turbines installed.
Petrobras starts production from the P-78 FPSO at Búzios, designed for 180,000 barrels/day and 7.2 million m³/day of gas.
Baker Hughes closed its SPC joint venture with a Cactus, Inc. subsidiary, receiving $344.5 million (pre-adjustments) and retaining a 35% stake.
WMMP, part of China State Shipbuilding, has secured orders to supply submersible pumping packages and offshore cranes for CNOOC’s Kaiping 11-4 cylindrical FPSO, scheduled to start production in 2029.
