Oil and Petrochemicals
Synergy Begins Collaboration with Cochin on New Projects
Synergy and Cochin have signed a new agreement in the field of shipbuilding and ship conversion. This agreement will sup...
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Oil and Petrochemicals
Nanjing Tanker Company of China Announces Request for Construction of Four LR2 Tankers
The Nanjing Tanker Company, controlled by China, has initiated a request for the construction of four new LR2 tankers. T...
Economy
23.8% Increase in Fuel Prices in the European Union
Fuel prices in the European Union increased by 23.8% in August. Diesel and gasoline rose by 8.3% and 3.3% respectively c...
Oil and Petrochemicals
Subsea Cable Assets Signs $20 Million Contract with Saipem
Subsea Cable Assets has signed a $20 million contract with Saipem for cable transportation and installation services in...
Oil and Petrochemicals
Diana Shipping Signs New Contract with Dai An Ocean Shipping Worth $18,000 per Day
Diana Shipping has signed a new contract with Dai An Ocean Shipping worth $18,000 per day, which is 47% higher than the...
Oil and Petrochemicals
Sanctioned Oil Shipment on Uncertain Route to Asia
An oil tanker heading towards Asia is likely under sanctions. This oil shipment has been registered recently.
Oil and Petrochemicals
Allseas Signs Service Contract with ABL for Statfjord A Decommissioning Project
Allseas has finalized a collaboration contract with ABL for the decommissioning of a large oil platform in the North Sea...
Oil and Petrochemicals
Jinhui Shipping Orders Two New Ultra Max Tankers
Jinhui Shipping and Transportation has added two more Ultra Max tankers to its construction program, bringing the total...
Technology
CLdN Orders Two New Tankers from HD Hyundai Heavy Industries
CLdN has ordered two new tankers with a capacity of 6,700 linear meters from HD Hyundai Heavy Industries. This order inc...
Technology
Development of Cooperation Between DeepOcean and TFKable for Submarine Cable Projects
DeepOcean and TFKable have begun planning for joint cooperation on submarine cable projects. This collaboration will hel...
Oil and Petrochemicals
Shell Completes $1.7 Billion Sale of Oil Assets in the Gulf of America
Shell has completed the sale of its 50% non-operating stake in the Na Kika platform and related fields to Talos Energy a...
Economy
Significant Agreement Between South Korea and the United States on $22.3 Billion Gas Power Plant Project in Texas
South Korea and the United States announced significant progress in a $350 billion investment agreement between the two...