Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China, the joining of the two mega-structures is a significant step forward for the Scarborough energy project as it progresses towards first liquefied natural
Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United States
Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said.The ships on those routes have the combined capacity to deliver 25,682 40-foot containers stuffed with toys, tennis shoes, car parts and things U.S.
Some 200 seafarers aboard more than 15 ships stuck for weeks off Yemen's port of Ras Isa are preparing to offload cargoes and leave thanks to a ceasefire deal between Houthi militia and the U.S., maritime and labour union sources said on Thursday.Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and the attendant
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.
U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding.The U.S. is the world's No.
The Israeli military said it carried out airstrikes against Yemen's Hodeidah Port on Monday, a day after the Iran-aligned Houthis fired a missile that struck near Israel's main airport.The military said in a statement that it attacked what it called Houthi terrorist targets in Hodeidah and its vicinity.
Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains, with established producers seeking new markets and emerging suppliers looking to meet demand from local consumers.
Louis Dreyfus Armateurs, a 170-year-old French family-owned company operating across a broad swath of maritime and offshore energy, recently announced a shipbuilding order and fleet expansion with the order for a series of three next generation SOVs, a series that will lean on five years of experience operating some of the first Hybrid-Electric SOVs.
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced in April 2025, has passed all customary closing conditions.
Deep-sea mining firm The Metals Co asked the Trump administration on Tuesday to approve its plans to mine the international seabed, making it the first such company to seek the government's permission to operate outside U.S. territorial waters.Last week President Donald Trump signed an order aiming to jumpstart mining in both domestic and international waters in an attempt to boost U.S.
The Unified Command, consisting of the US Coast Guard, Spectrum OpCo (Operator), and the Louisiana Oil Spill Coordinator's Office (LOSCO), continue to respond an oil and natural gas release in coastal Louisiana.This spill occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans, Louisiana.