Offshore

Scorpio Bulkers is continuing to sell off kamsarmax bulkers as it looks to refocus on the renewable energy sector.

Keppel Offshore & Marine (Keppel O&M) has bagged a SGD600m ($442.2m) contract from an energy company for a vessel for the offshore renewable energy sector.

Vietnam has given the green light for US-based ExxonMobil to develop a $5.09bn liquefied natural gas (LNG) plant in the port city of Hai Phong, Reuters reported.

Ørsted and Edison Chouest have teamed up to build an offshore wind Service Operation Vessel (SOV) in move that is set to transform the nascent sector in the US.

Scorpio Bulkers has sold a kamsarmax bulker for $18m as it looks to transition it business to offshore wind.

Qatar’s Milaha has penned a memorandum of understanding with US oilfield services firm Schlumberger Limited to order oil well stimulation vessels for work in Qatar.

Portonave is acquiring 25 new terminal tractors – reinforced trucks exclusively for handling containers inside the port – and two lithium battery-powered forklifts, through an investment of $3m.