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CNOOC, China’s third-largest oil and gas producer, has appointed a new chief executive officer (CEO). The company appointed Huang Yongzhang as its vice chairman, executive director, and CEO. He was also named as president of the company and a member of the strategy and sustainability committee. He succeeds Zhou Xinhuai, who left the position in …
https://splash247.com/cnooc-names-huang-yongzhang-as-ceo/
https://splash247.com/cnooc-names-huang-yongzhang-as-ceo/Adura, the new UK-based joint venture between Shell and Equinor, has hired two platform supply vessels (PSVs) to help with offshore operations. The 2010-built Remøy Shipping-managed vessel Songa Commander will support the drilling development at the Rosebank field, West of the Shetland Islands. The contract has a duration of about 500 days, covering seven development …
https://splash247.com/psv-pair-secured-as-adura-ramps-up-offshore-drilling-activity/
https://splash247.com/psv-pair-secured-as-adura-ramps-up-offshore-drilling-activity/Cadeler’s service arm, Nexra, has signed two firm operations and maintenance (O&M) contracts in Japan and Taiwan. The campaign in Japan is scheduled to commence in the spring of 2026 and is expected to run for approximately 1-2 months. The contract value is undisclosed. The work will be executed by the vessel Wind Zaratan, which …
https://splash247.com/cadeler-arm-wins-offshore-wind-om-deals-in-japan-and-taiwan/
https://splash247.com/cadeler-arm-wins-offshore-wind-om-deals-in-japan-and-taiwan/The sector has surprised to the upside in Q1 – can the market manage downside risks to post more gains in 2026 asks Will Fray, a director at Maritime Strategies International. While recent events in the Middle East have disrupted global shipping, the dry bulk market has remained relatively insulated compared to its peers. In …
https://splash247.com/will-it-be-onwards-and-upwards-for-the-dry-bulk-market-in-2026/
https://splash247.com/will-it-be-onwards-and-upwards-for-the-dry-bulk-market-in-2026/Ukraine has struck the port of Primorsk, Russia’s largest oil-loading terminal on the Baltic Sea, with long-range drone attacks, igniting a fire at the facility that processes up to 1.5m barrels of oil and oil products per day. The overnight strike on March 23 was part of a massive coordinated drone assault across multiple Russian …
https://splash247.com/ukraine-strikes-primorsrk-port/
https://splash247.com/ukraine-strikes-primorsrk-port/Aker Solutions has been awarded a front-end engineering and design (FEED) contract by KN Energies to support the development of the company’s CO₂ transshipment terminal infrastructure project in Klaipėda, Lithuania.The project forms part of the CCS Baltic Consortium…
https://www.marinelink.com/news/aker-solutions-wins-feed-contract-537142
https://www.marinelink.com/news/aker-solutions-wins-feed-contract-537142Fred. Olsen 1848 has completed a pilot installation of four automatic Tension Buoy units at the EDP Floating PV Lab, Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation.With water levels that rise and fall by as much as 50 meters…
https://www.marinelink.com/news/fred-olsen-completes-pilot-installation-537144
https://www.marinelink.com/news/fred-olsen-completes-pilot-installation-537144The Port of Oakland processed 163,254 TEUs in February 2026, a 16.7% decline from January and a 14.5% decrease year over year, as vessel activity slowed due in part to observation of the Lunar New Year.Vessel calls declined from 86 in January to 72 in February…
https://www.marinelink.com/news/port-oakland-exports-continue-outperform-537145
https://www.marinelink.com/news/port-oakland-exports-continue-outperform-537145Eid al-Fitr has arrived to greet the world's ship recycling markets this week, and as is tradition, it came bearing the gift of silence, reports cash buyer GMS. “From Chattogram to Gadani, Alang to Aliağa, the holy festival has pressed pause…
https://www.marinelink.com/news/ship-recycling-pauses-eid-537146
https://www.marinelink.com/news/ship-recycling-pauses-eid-537146Singapore’s BW Group has sold down more than half of its stake in New York-listed gas carrier owner Navigator Gas, offloading 8m shares in a deal worth about $140m. The Andreas Sohmen-Pao-led group, previously one of the largest shareholders in the handysize LPG carrier specialist, offered the shares at $17.50 apiece, representing roughly 12.3% of …
https://splash247.com/bw-trims-navigator-gas-stake-in-140m-share-sale/
https://splash247.com/bw-trims-navigator-gas-stake-in-140m-share-sale/