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Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project:"The Coastal Virginia Offshore…
https://www.marinelink.com/news/dominion-energy-releases-responds-533800
https://www.marinelink.com/news/dominion-energy-releases-responds-533800Oil prices settled higher on Monday after the U.S. Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and piers in Russia, raising the risk of oil supply disruptions.Brent crude futures gained $1.60…
https://www.marinelink.com/news/oil-prices-rise-us-continues-tanker-533803
https://www.marinelink.com/news/oil-prices-rise-us-continues-tanker-533803Dalian iron ore futures extended gains to a fifth session on Monday on tight supply of BHP’s Jimblebar and Jingbao fines, while firmer blast furnace hot metal production in China also lent support. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) gained 0.58% to 781.5 yuan ($111.01) a metric ton. The ...
https://www.hellenicshippingnews.com/dalian-iron-ore-extends-gains-on-tight-bhp-supply-firmer-hot-metal-production/Drewry expects the dry bulk market to improve in 2026 after a year of geopolitical disruptions and trade uncertainty shaped the market sentiment more than underlying demand–supply fundamentals. The second half of 2025 has already shown an apparent stabilisation, and the recent easing of the USTR policy, along with the US–China tariff truce announced in ...
https://www.hellenicshippingnews.com/smoother-sailing-for-dry-bulk-market-in-2026-but-some-swells-remain/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 44 points, or 2.2%, to 1,979 points, its lowest since November 4. ...
https://www.hellenicshippingnews.com/baltic-index-falls-as-vessel-rates-slide-across-all-segments/
https://www.hellenicshippingnews.com/baltic-index-falls-as-vessel-rates-slide-across-all-segments/The dry bulk market could face a shift in ton-mile demand moving forward. In its latest weekly report, shipbroker Intermodal said that “as 2025 draws to a close, the transitional period for the EU’s Carbon Border Adjustment Mechanism (CBAM) is coming to an end. From January 1st, 2026, CBAM enters its definitive phase, with reporting ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-are-ton-mile-changes-on-the-way/
https://www.hellenicshippingnews.com/dry-bulk-shipping-are-ton-mile-changes-on-the-way/Offshore engineering and services player Subsea7 has won an extension from Equinor for the 2013-built Seven Viking. The deal is an extension of an existing frame agreement for subsea inspection, maintenance and repair services (IMR). This is the latest extension to the frame agreement, first signed in 2018. Under the terms of the extension, the …
https://splash247.com/subsea7-secures-vessel-extension-under-long-running-agreement-with-equinor/
https://splash247.com/subsea7-secures-vessel-extension-under-long-running-agreement-with-equinor/Marine construction contractor Ocean Installer, a Moreld subsidiary, has been awarded a contract for work on a life extension project on Equinor’s Mikkel field. The EPCI project includes detailed design work, fabrication, and installation of rigid spools, as well as the installation of a flow condition unit at the Mikkel field. Offshore operations are set …
https://splash247.com/equinor-awards-epci-work-on-norwegian-sea-field-to-ocean-installer/
https://splash247.com/equinor-awards-epci-work-on-norwegian-sea-field-to-ocean-installer/Offshore contracting giant TechnipFMC has been awarded an EPCI contract by Italian major Eni on the Coral North development offshore Mozambique. The company will work on the second floating liquefied natural gas (FLNG) project in the country. Under the terms of the deal, TechnipFMC will manufacture and install flexible flowlines and risers, as well as install subsea …
https://splash247.com/technipfmc-bags-subsea-work-on-enis-second-mozambique-flng/
https://splash247.com/technipfmc-bags-subsea-work-on-enis-second-mozambique-flng/Integrated Wind Solutions has strengthened its forward orderbook after agreeing a two-year extension to a strategic contract with an existing client, tightening utilisation for its walk-to-work fleet into the next decade. The Oslo-listed company said the deal for its business unit IWS Fleet covers the European region through 2029, with options that could run as …
https://splash247.com/integrated-wind-solutions-adds-to-backlog-with-csov-contract-extensions/
https://splash247.com/integrated-wind-solutions-adds-to-backlog-with-csov-contract-extensions/