Page 12 · articles 551–600
Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline […] The post Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project appeared first on Offshore Energy .
In this episode of What's Going on With Shipping? , Sal Mercogliano discusses a breaking medical crisis aboard the luxury expedition ship M/V Hondius.
IPG Shipping has kicked off its Australian operations after its first chartered vessel, the Nomadic Milde, berthed at the Port of Rockhampton, marking the formal start of its regional shipping push in Central Queensland. The 12,900 dwt geared multipurpose vessel, built in 2011,…
Today, Tuesday, May 5 2026, the Baltic Dry Index climbed 102 points, reaching 2832 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore.
Air cargo markets are showing early signs of stabilisation after the sharp rate surge, while forwarders and airlines are continuing to secure capacity amid ongoing disruption and uneven demand. Speaking during last week’s Q1 earnings call, DSV chief executive Jens Lund described conditions as “challenging”, amid geopo
Norwegian subsea services firm Reach Subsea has received a letter of intent for a multi-year contract covering inspection, maintenance and repair (IMR) and light construction services in the Mediterranean and Black Sea.Aside from the letter of intent…
Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea. The post 70 more offsh
It was something of a mixed bag for the North American intermodal scene in Q1, with Canadian National (CN) and CSX the only operators to record an uptick in revenue – their competitors experiencing a period to forget. Of the two, CSX had the stronger showing, as revenue and volumes climbed 5% (to $518m) and 6% (to 757
First reaction to the formal launch of Amazon Supply Chain Services* (ASCS) on Gloomy Monday, 4 May: long in the making, it’s the natural evolution of the species. (*ASCS: a ‘logistics network now open to every business‘ by all modes of transport) Is it?
Norwegian owner DOF has won a substantial subsea commissioning support contract in the APAC region valued between $25m and $50m. The company said it will deploy its construction support vessel Skandi Inventor for offshore operations in North Australian waters starting in the second quarter of 2027.
Bunker Holding: Direction is clearer, but pathway not fully defined after MEPC 84
South Korean flagship carrier HMM said today that the fire on one of its ships, following an explosion in the Strait of Hormuz yesterday, has been extinguished and the vessel is being towed to Dubai for repairs. The newly built 38,000 dwt multi-purpose HMM Namu, which had been among those stranded in the strait, was r
“Markets are starting to treat wars less as shocks and more as recurring events,“ a recent Julius Baer report says, adding: “Supply chains have once again proved more adaptable than the doomsday scenarios implied. “ We do seem to be getting used to Perma-Disruptions, and indeed our industry thrives on them, since
Teleport, which describes itself as a South-east Asian ecommerce logistics specialist, plans to establish a hub in Bahrain despite the uncertainties created in the region by the military conflict. At a recent air cargo conference, Teleport’s chief business officer, Jan Philipp Poeter, said the Middle East remained an
Subsea7 has awarded Aberdeen-headquartered integrated solutions specialist EnerMech with a subsea pre-commissioning contract for […] The post EnerMech joins Subsea7 on Mexico’s first deepwater oil project appeared first on Offshore Energy .
Smart tire technology is quickly becoming a critical tool for fleets across North America as carriers look for new ways to cut fuel costs, extend equipment life and improve uptime. Executives at Continental Tire say the shift reflects a broader transformation in how fleets manage one of their most overlooked cost cent
Norway’s Aker Solutions has landed a FEED contract from compatriot Equinor to prepare the Kvitebjørn platform to receive production from the Atlantis subsea tie‑in project. Work starts immediately, with an option to provide EPCIc support expected to be taken up in early 2027.
The fragile US-Iran ceasefire held Tuesday morning after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates.
Hapag-Lloyd seems to have geared up to fill the booking gaps following the suspension of landbridge-based coverage by Gemini partner Maersk for imports into the Persian Gulf region. The German liner has announced it would accept dry, reefer and in-gauge special cargo containers for Kuwait, Saudi Arabia, Qatar, Iraq, a
Bunker Holding: Direction is clearer, but pathway not fully defined after MEPC 84
TGS is moving ahead with another multi-client seismic campaign in the Norwegian North Sea, launching a new 3D streamer survey in the Åsta Graben area as exploration activity in the region continues to hold up despite a more selective upstream market. The Oslo-based data provider…
Risk Intelligence: How the Russia-Ukraine war reshapes Baltic Sea risk
Risk Intelligence: How the Russia-Ukraine war reshapes Baltic Sea risk
There are 21,748 Canadian and Mexican-domiciled motor carriers registered with FMCSA to operate in the United States. Most of them are legitimate freight operators moving international cargo across borders that the American economy depends on.
Treasury Secretary Scott Bessent said Monday that the United States has absolute control of the Hormuz Strait and called on China to join American efforts to reopen the waterway. Speaking on Fox News, Bessent said the US is opening up the Hormuz Strait and encouraged Iran to allow more than 300 vessels to exit with ..
HOLIDAY Source: Metals Market Index (MMI)
We have now a full two months of the blockade of the world’s most important chokepoint for seaborne energy deliveries – the Strait of Hormuz. Brent and WTI have been on an upwards trend the last 10 days but are still roughly at just $110/b.
U.S. President Donald Trump has reportedly suggested that the war in Iran could stretch on for another three weeks, even as he claimed the U.S. had already “won” the conflict. But, speaking to ABC News, Trump stressed that he was not under any significant time…
The signal looks the same. The response is entirely different.
The UP World LNG Shipping Index gained 1.59 points (0.73%) last week, closing at 217.45 points, while the S&P 500 gained 0.91%. The headline number, however, tells only part of the story: the median gain was 2.37%, and gainers outnumbered decliners 13:7, yet the weighted…
The port of Gibraltar recorded around 468 vessels calling for bunkers in March, up 31% from the 357 calls registered in February, the port authority’s data said. This was also a significant increase from the 320 bunker calls seen in March 2025, a year ago.
Islamabad on Monday confirmed that 22 crew members from an Iranian container ship seized by the US would be evacuated to Pakistan. The Foreign Ministry called it a “confidence-building measure” with support from both sides.
South Korea’s top shipbuilders are capitalizing on resilient demand for energy infrastructure, landing a string of liquefied natural gas (LNG) and ammonia carrier orders that reinforce their dominance in some of the industry’s highest-value segments. The country’s three largest shipbuilders – HD Korea Shipbuilding 
Qatar ports (Hamad, Ruwais and Doha) witnessed an increase in handling of container volumes in April this year compared to the previous month. In a post on its X platform yesterday, Mwani Qatar stated “Qatar ports achieved a 14% rise in container handling volumes in April compared to March.
Hambantota International Port Group (HIPG) last week hosted senior representatives from two of the world’s leading container shipping lines, signalling growing commercial interest in the port as global trade patterns adjust to instability in the Middle East. Officials from CMA CGM’s overseas office and local represent
India’s top gas importer Petronet LNG expects to receive its full contracted amount of liquefied natural gas from Qatar once the geopolitical situation in the Middle East stabilises, chief executive A. K.
The volume of coal delivered in the United States for uses other than power generation—primarily, for manufacturing—decreased by about half in the last 15 years. Coal delivered for these purposes in the South decreased the most in percentage terms between 2010 and 2025, falling 75%, or 14.
Copper futures stabilized near $5. 85 per pound on Tuesday, but remained close to three-week lows after sliding more than 2% in the previous session, as escalating US–Iran tensions rattled global markets and raised concerns over demand.
Energy – Tensions re-emerge in the Middle East We are seeing the first signs of the ceasefire between the US and Iran breaking down amid a re-escalation in the Persian Gulf. ICE Brent rallied 5.
The Iran conflict and the resultant supply chain disruptions arising from the Strait of Hormuz blockade makes ‘geopolitics’ and ‘supply chain’ as the key themes impacting the oil and gas industry in 2026. Moreover, US tariffs might continue to weigh on the global economy, despite a slight easing of these worries in th
The United Arab Emirates (UAE) has officially announced its withdrawal from OPEC, effective 1 May 2026. This historic shift follows longstanding friction over production targets and heightened regional tensions, says a UBS report.
European natural gas futures hovered around €48 per MWh, close to a four-week high, as fighting intensified between the US and Iran around the Strait of Hormuz, which also drew in the UAE. The US said it struck seven Iranian fast boats in the strait and denied Iran’s claim that it had hit American warships.
Asian markets fell on Tuesday as risk appetite was battered by heightened tensions in the Strait of Hormuz, while Australian markets fell after the Reserve Bank raised interest rates as expected. Markets in Japan, China, and South Korea were closed, keeping regional trading volumes dull.
Multidisciplinary consultancy AGR has entered into a partnership agreement to onboard the offshore support vessel Aquaman II, expanding its capacity for subsea operations, plug and abandonment (P&A) and decommissioning work in the North Sea.The vessel…
OOCL places order for a dozen 13,600 TEU LNG dual-fuel container vessels
Norwegian offshore vessel owner and subsea services provider DOF Group said it has secured a contract for subsea commissioning support services in the Asia-Pacific region, with offshore operations planned in North Australian waters.The company…
Windward: Project Freedom introduces a new operational layer in Hormuz
Lessons learned: Safe in-transit fumigation requires proper crew training
Risk Intelligence: How the Russia-Ukraine war reshapes Baltic Sea risk
Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s state-owned energy giant Equinor. The post Aker Solutions on FEED duty for North