Gulf Marine Services has signed two separate two-year extensions for mid-size self-elevating support vessels operating in the GCC, announced on 30 December 2025 and 05 January 2026.
AF Offshore Decom signed a NOK 225–275 million contract with Ithaca Energy to dismantle and recycle a 23,000 t floating production platform from the UK North Sea in 2026.
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Chipolbrok has ordered four 60,800 dwt heavy-lift MPP vessels at Taizhou Sanfu Ship Engineering, adding capacity for project and wind energy cargoes while meeting IMO Tier III and EEDI Phase III standards.
Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.
A.P. Moller – Maersk has named Ditlev Blicher as North America regional president from 1 January 2026, while Charles van der Steene moves to lead the India, Middle East and Africa business.
According to Reuters, PDVSA is shutting in wells and joint ventures as a US oil embargo freezes exports, fills storage, disrupts Russian diluent supplies and raises risks for refining and fuel markets.
Empire Offshore Wind LLC sued the U.S. Interior Department over the Empire Wind suspension order and will seek a preliminary injunction to keep construction moving while the case proceeds.
Ghana is advancing its “Afropax” coastal ferry plan linking Tema with Nigeria, Benin and Togo to ease pressure on the Lagos–Abidjan road, while a separate EU-backed project upgrades Lagos’ urban ferry network.
