World

Pakistan is reopening its offshore energy sector after almost two decades of inactivity, launching a major deepwater exploration program designed...

Wood has secured a new offshore engineering contract linked to QatarEnergy’s Bul Hanine EPIC project offshore Qatar.  The contract was awarded by China Offshore Oil Engineering Company (COOEC), with Wood set to deliver a detailed design scope focused on optimising the field’s complex offshore pipeline infrastructure.  As part of the project,...

DeepOcean has won a new offshore decommissioning contract in the UK North Sea, strengthening its position in the growing market for ageing offshore asset retirement projects.  The company will support the decommissioning and removal of a floating production, storage and offloading vessel (FPSO) currently operating on the UK continental...

Saipem is strengthening its position in Brazil’s fast emerging offshore decommissioning market after signing a new cooperation agreement with Petrobras...

Zodiac Maritime is continuing its aggressive tanker expansion strategy with a fresh order for four suezmax newbuildings at Chinese shipyard...

Infios research suggests the 2025 US tariff regime has fundamentally altered the mechanics of global trade, turning tariffs from a...

Container shipping activity through the Suez Canal and Red Sea has reached its highest level in 10 weeks, according to...

Ocean freight rates on key trans-Pacific routes are holding at elevated levels as the market heads into what could become...

Shipping is running into a problem it can no longer postpone: there simply aren’t enough qualified seafarers to meet demand. Maritime trade continues to power global supply chains, but the human side of that system is becoming harder to sustain.  For a long time, the conversation stayed fairly numerical how...

An international consortium led by Maersk-backed Stillstrom has secured a €5m ($5.8m) grant from the EU’s Horizon Europe programme to...