U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of 7th generation dual-BOP drillships and adds 4.8 rig years and approximately $2 billion to the Noble backlog, which now stands at $6.7 billion.
Danish shipping company Norden said on Tuesday that it has closed its acquisition of Nordic dry bulk operator Norlat Shipping.The deal was announced in July but remained subject to regulatory approvals. Financial terms were not disclosed. “We are delighted to have received the green light for the acquisition last week and with the closing of the acquisition today we look forward to welcoming the
The all-electric tugboat HaiSea Wamis is the first of HaiSea Marine’s five new eco-friendly tugs to travel from North Vancouver to the company's base of operations in Kitimat.A team of eight Haisla members piloted the HaiSea Wamis home, marking a milestone for HaiSea Marine, a partnership primarily owned by the Haisla Nation and Seaspan ULC.
The Scottish government is set to tender for a series of seven new electric ferries for the Clyde and Hebrides network.The first stage of the competitive tender process will assess if shipyards interested in bidding for the contract meet the financial and technical criteria to take on the project, Caledonian Maritime Assets Limited (CMAL), the government-owned entity that owns ferries, ports
Finnish shipbuilder Meyer Turku on Monday delivered Mein Schiff 7 to German cruise line TUI Cruises.Mein Schiff 7 is the seventh ship of the Mein Schiff series built at the Turku shipyard. "Mein Schiff 7's symbolic start of production, the steel cutting ceremony, took place at our shipyard on June 14th, 2022," says Tim Meyer, CEO of Meyer Turku
Port worker unions in Argentina cut short a planned strike in grains shipping ports in the Rosario region following government-ordered talks, a union head said on Thursday, in welcome news for the country's farm exports.The area north of the city of Rosario along the Parana River is Argentina's main agricultural exports hub, where more than 80% of its processed soybeans, corn
Carnival Corporation's Cunard cruise line announced it has taken delivery of its newest cruise ship, Queen Anne, from Italian shipbuilding group Fincantieri.The newbuild was officially handed over on Friday during a ceremony at the Fincantieri Marghera shipyard in Venice. The 114,000-ton ship spans 14 decks and has capacity for up to 3,000 passengers.
The Swedish Maritime Administration has purchased the 18-year-old icebreaker Polar Circle, expanding its fleet of icebreaking ships to help keep the nation's ports and shipping lanes clear during the cold winter months.In December, the Swedish Maritime Administration put out a tender to acquire a secondhand icebreaker, with Polar Circle emerging as the most suitable option.
DHT Holdings announced it has entered into agreements to build four very large crude carriers (VLCC) in South Korea for delivery between April and December 2026.Two of the large tankers will be constructed at Hyundai Samho Heavy Industries and the other two at Hanwha Ocean (formerly known as Daewoo Shipbuilding & Marine Engineering), for an average price of $128.5 million.
The floating liquefied natural gas (FLNG) vessel Gimi, that is a core component of the Greater Tortue Ahmeyim (GTA) LNG project, has arrived at its destination on the Mauritania and Senegal maritime border.The FLNG vessel Gimi is at the heart of the GTA Phase 1 development, operated by BP with partners, Kosmos Energy, PETROSEN and SMH.GTA Phase 1 is set to produce around 2.
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work.Work on the pipeline, which will connect the Barossa gas field to a processing plant in the northern Australian city of Darwin
Japan-based Mitsui O.S.K. Lines, (MOL) and Taiwan-based Ta Tong Marine Co. have through their joint venture Ta San Shang Marine Co. Ltd. (TSSM), signed a deal with the Dutch shipbuilder Damen Shipyards for the construction of a new service operation vessel (SOV).As TSSM's second Taiwan-flagged SOV, following Asia's first, the TSS Pioneer, which was delivered in 2022