Shanghai Zhenhua Heavy Industry (ZPMC) has inked contract for three gantry cranes with Cosco Shipping Port for Piraeus Container Terminal (PCT) in Piraeus, Greece via online meeting in Shanghai, Hong Kong and Greece.
United Arab Emirates (UAE) offshore shipyard and engineering firm Lamprell has won an engineering, procurement, installation and commissioning contract (EPIC) from Sharjah National Oil Corporation (SNOC).
Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components’ package.
Offshore rigbuilder Lamprell is consolidating its United Arab Emirates (UAE) yards into a single facility at Hamriyah as part of an overhead reduction programme.
Marlink’ s new local Teleport, network infrastructure and support capabilities meet the latest pre-requirements to provide VSAT services for Petrobras-chartered vessels operating offshore Brazil, the company said.
Oslo-based energy analyst Rystad Energy estimates that today’s oil supply demand imbalance of more than 26m barrels per day (bpd) should fall to 13.6m bpd in May and about 6m bpd thereafter.