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AtoB@C Shipping, Yara International extend sustainability-driven cooperation

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AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, and Norway’s Yara International, a crop nutrition company and a provider of environmental and agricultural solutions, have extended the existing contract of affreightment until 2033. The post AtoB@C Shipping, Yara International extend sustainability-driven cooperation appeared first on Offshore Energy.

Prosafe vessel staying 954 more days with Petrobras

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Prosafe has won a multimillion-dollar contract extension for one of its semi-submersible vessels, which is providing safety and maintenance support to Petrobras, a Brazilian state-owned energy giant. The post Prosafe vessel staying 954 more days with Petrobras appeared first on Offshore Energy.

Yinson Production confirms first oil from its third FPSO in Brazil

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Yinson Production has highlighted that its third floating production, storage, and offloading (FPSO) unit in Brazilian waters, which recently achieved first oil, will feature a carbon management process plant to decarbonize the FPSO operations in line with the firm’s sustainability goals. The post Yinson Production confirms first oil from its third FPSO in Brazil appeared first on Offshore Energy.

BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU

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The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures. The post BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU appeared first on Offshore Energy.

Hibiscus taps Tanjung for work on Vietnam-Malaysia shared block

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Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a contract with Hibiscus Oil & Gas Malaysia, an affiliate of Malaysia’s Hibiscus Petroleum, for the provision of maintenance, construction, and modification (MCM) services at a block within the overlapping territorial waters between Malaysia and Vietnam. The post Hibiscus taps Tanjung for work on Vietnam-Malaysia shared block appeared first on Offshore Energy.