LATEST NEWS
Marco Polo Marine Raises EUR 14 Million for Offshore Wind Growth
Marco Polo Marine raised EUR 14 million through a private placement to support offshore wind expansion, vessel investment and project growth across Asia.
COSCO Shipping Says It Will Halt Balboa Port Calls
COSCO Shipping said it will stop calling at Panama’s Port of Balboa, according to a notice shared with La Prensa, following Panama’s move to retake control of key canal ports.
Sunda Energy Secures Chuditch-2 Environmental Licence
Sunda Energy has secured an environmental licence for the Chuditch-2 appraisal well offshore Timor-Leste, marking a key regulatory step before drilling under the TL-SO-19-16 contract.
Xin Yao Hua Loads Fourth Jacket Batch for Inch Cape
COSCO’s Xin Yao Hua has loaded the fourth batch of jacket foundations for the Inch Cape Wind Power Project, adding to foundation transport activity for the 1.1 GW Scottish offshore wind development.
Blue Marlin Loads First Section of a Large Floating Dock Off Qingdao
The first section of the Lucayan floating drydock departed CSSC Qingdao Beihai Shipbuilding and was loaded onto Boskalis’ Blue Marlin off Qingdao for transport to Grand Bahama Shipyard in the Bahamas.
Iskra Group Acquires 3. Maj Rijeka 1905 Shipyard
Slovenia’s Iskra Group agreed to acquire Croatian shipyard 3. Maj Rijeka 1905 for €6.7 million after submitting the sole bid in a privatisation tender.
Jan De Nul Broadens Subsea Cable Fleet
Jan De Nul is expanding its offshore energy fleet with two more vessels for subsea cable burial, including a newbuild trenching support vessel and the conversion of Henry Darcy.
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.
Aramco Suspends Major Offshore Fields Amid Gulf Security Threat
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.
