
Seatrium Completes Karimun Yard Sale
Seatrium completed the S$22 million sale of its Karimun Island yard in Indonesia, consolidating operations at Batam as part of a wider non-core asset divestment plan.

Seatrium completed the S$22 million sale of its Karimun Island yard in Indonesia, consolidating operations at Batam as part of a wider non-core asset divestment plan.

Saudi Arabia suspended production at four offshore oilfields, including Safaniya and Zuluf, as security risks linked to tensions with Iran disrupted tanker traffic through the Strait of Hormuz.

Equinor reported two commercial discoveries in the North Sea, including the Byrding C oil find in the Troll area and the Frida Kahlo gas and condensate find in the Sleipner area.

Construction started in Qingdao on the cylindrical FPSO for the Kaipingnan Oilfield Development Project, with capacity figures including more than 170,000 t full-load displacement and 122,000 cubic meters of storage.

Roll Group completed the delivery of two 1,200-tonnes dredgers for Kenmare Resources Plc, combining ocean transport, float-out, beach landing and inland SPMT transport to the Moma mine.

Boskalis transported a 168 m floating dry dock from Freeport, Bahamas to Flushing aboard Mighty Servant 3, adding 18,000 t of lifting capacity to Shipyard Reimerswaal and expanding the yard’s ability to handle larger repair work.

The United States introduced a $20 billion maritime reinsurance programme for eligible vessels in the Gulf, aiming to support trade flows and war-risk cover through the Strait of Hormuz.

Hanwha Philly Shipyard, Inc. has delivered State of Maine, the third National Security Multi-Mission Vessel and the first major vessel completed by the yard under the Hanwha name.

N-Sea Group has signed a long-term charter for newbuild offshore support vessel Dominus, with delivery set for April 2027 as the company expands subsea and survey capabilities.
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