ORIX Consortium Launches Sakura Ocean JV
2, February 2026
ORIX-backed Sakura Ocean forms a Japan-based shipowning platform and plans three domestic newbuilds—one each at Imabari, Tsuneishi, and Onomichi—for delivery by 2030.
Blogs forFebruary 2nd, 2026
Northern Offshore Books Energy Emerger for Yumna Drilling Off Oman
2, February 2026
Northern Offshore’s Energy Emerger jack-up rig has been contracted to drill three development wells at Masirah Oil’s offshore Yumna field in Oman’s Block 50, with the multi-well programme expected to start in March 2026.
McDermott Wins QatarEnergy Definition Engineering for Offshore Decommissioning
2, February 2026
McDermott will lead definition engineering for QatarEnergy’s first major offshore decommissioning project, developing a framework and studies to retire 27 platforms and associated subsea infrastructure.
Zingst OSS Topside Rolls Out in Schiedam
2, February 2026
HSI Joint Venture rolled out the 4,700 t OSS Zingst topside in Schiedam, progressing 50Hertz’s 927 MW OST-6-1 grid link for the Gennaker Offshore Wind Farm.
Jiangnan Shipyard Wins Four LNG Carrier Contract for Shell
2, February 2026
Jiangnan Shipyard secured a contract to build four 175,000 m³ LNG carriers for Shell charter, owned by Minsheng Financial Leasing, with delivery scheduled for 2028–2029.
Cochin Shipyard Plans Conoship Stake Deal, Sets Up HBL JV
2, February 2026
Cochin Shipyard approved a 23% stake plan in Conoship International and a JV with HBL Engineering for maritime electric mobility and energy storage, with agreements expected within six months.
Korea Shipyards Pressed to Extend Performance Bonuses to Outsourced Workers
2, February 2026
Unions in South Korea are pressing major shipyards to extend proportional performance bonuses to outsourced workers, citing widening pay gaps despite strong yard results.
