Seadrill Limited ("Seadrill") has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million, the Company said in its media release. “With the sale of the West Prospero , we ...

ADNOC Drilling, which accelerated its own growth plans to enable ADNOC’s strategic imperative of expanding production capacity from four to 5 million barrels per day by 2027, expects its owned rig ...

BIMCO has revised its forecast, now expecting shipping in the Suez Canal to return to “normal” by 2026, with reroutings impacting global trade throughout 2025, World Cargo News reports. The Baltic and ...

The dual-purpose newbuild(s) will feature two IMO Type C cargo tanks, with a single tank capacity of about 6,000 cubic meters ...

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023, the port authority said in ...

This year, the domestic shipbuilding and defense industries have recorded unprecedented overseas orders. These industries are expected to continue their upward performance trend, being considered as ...

These two vessels were built to the Cayman Islands-flagged ships specifications, with a length of 182.9 meters, a beam of 32.2 meters and a draft of 13.3 meters ...

On 24 December, PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous annual high of 38.8 ...

SAIC Anji Logistics, a logistics unit owned by Shanghai-based SAIC Motor Corp, has taken delivery of its first custom-built 7,800 CEU LNG dual-fuel car carrier from Jiangnan Shipbuilding, a subsidiary ...

Adani Ports and Special Economic Zone (APSEZ) Mundra welcomed CМА CGM Fort Diamant, the first-ever Liquefied Natural Gas (LNG) powered container vessel to dock at the port's Container Terminal-CT4, ...

The Iran-India contract on phase 1 of Chabahar is worth $120 million, of which $85 million is being transferred, said Safaei late on Monday in a ceremony held to mark National Transportation Day, IRNA ...

The Guangzhou Shipyard International Co., Ltd. of China State Shipping Corporation delivered the multi-purpose deep-sea scientific exploration and archaeological vessel, Tan Suo San Hao, or ...