AAL Shipping discharged two transformers weighing nearly 300 tonnes from AAL Galveston in New Orleans for direct transfer to rail and onward inland transport.
London marine insurers have widened the Red Sea high-risk zone after Houthi attacks on Saudi-linked vessels, with war risk premiums rising for ships serving Saudi ports and regional routes.
MOL Group has agreed to acquire Shell’s BG Cyprus Limited for up to $720 million, giving it a 35% interest in the Aphrodite gas field upon completion.
SK Oceanplant has secured a $110.7 million Seatrium contract to supply one jacket foundation and 20 piles for TenneT’s BalWin5 HVDC offshore converter platform in the German North Sea.
