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Offshore

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Latest From Offshore

Greece 2022: Stepping on the gas with new terminal projects

As a long-planned FSRU project gets under way in the port of Alexandroupolis, further floating terminal plans are ramping up

Greece Tankers and Gas

UN tries to raise $80m to fix FSO Safer, but gets just $33m

A UN meeting at The Hague raised $33m of its $80m target to transfer oil from floating storage vessel Safer to another ship, averting the risk of a catastrophic spill. The IMO and Greenpeace called for more funds, with $144m needed for the whole operation

Middle East and Africa Yemen

Keppel Shipyard awarded contracts worth $180m

‘We are seeing signs of fundamental improvement in the market,’ said Keppel O&M managing director for conversions and repairs Chor How Jat

Asia Pacific Singapore

U-Ming expands fleet for Taiwan’s offshore wind sector

Taiwan-listed company buys two secondhand crew transfer vessels, as it waits for its newbuildings to be delivered in the second half of the year 

Offshore Shipbuilding

CIMC positive on box-making market despite sales decline

Company remains positive on box manufacturing market because of supply chain disruption and large amount of old containers to be phased out and replaced

China Containers

Wärtsilä bears the cost of cutting ties with Russia

Finnish technology group Wärtsilä swung to a loss in the first quarter of the year after suspending all deliveries, sales, orders and bidding to Russia. The country accounted for 5% of its net sales last year

Europe Finland
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