Seatrium has launched a S$200 million share buyback programme, twice the size of its previous plan, after completing the S$100 million programme on 1 September 2026.
China has added communications facilities at its Djibouti military base near the Bab al-Mandeb Strait, with CSIS identifying new antennas, satellite communications and 5G equipment.
Eiffage subsidiary Smulders and NEPTUN WERFT have secured a second 2GW North Sea converter platform contract from 50Hertz for the LanWin3 grid connection project.
Boskalis’ White Marlin transported two tugs and Micoperi’s pipe-laying vessel Seminole from Bonny, Nigeria, to Bahía Blanca, Argentina in a single voyage.
South Korea plans to expand its West Sea fleet of 3,000-tonne-class Coast Guard patrol vessels from 11 to 17 by 2030, with construction funding included in the 2027 budget.
Seatech Engineering and CRIST S.A. are developing the 95 m SE-103 UXO vessel concept for seabed clearance work involving UXO and hazardous materials in the Baltic Sea.
TotalEnergies, APA and Staatsolie are advancing GranMorgu offshore Suriname, with production drilling and offshore installation scheduled to begin in early 2027.
RWE and Ampelmann completed more than 250 cargo drone flights at the 857 MW Triton Knoll offshore wind farm, moving over 9 tonnes between an SOV and wind turbines.
A tanker reported as LR Stephanie was hit in the Strait of Hormuz, injuring two crew, while US and independent sources reported differing commercial transit figures.
