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Vertom orders four 10,700 dwt diesel-electric MPPs in pink color

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Dutch short sea shipping company Vertom Group has placed an order for four 10,700 dwt geared multipurpose vessels at India’s Chowgule shipyard. The post Vertom orders four 10,700 dwt diesel-electric MPPs in pink color appeared first on Offshore Energy.

SBM Offshore bankrolling construction of Guyana-bound FPSO with $1.5 billion loan

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SBM Offshore has secured $1.5 billion with a consortium of 16 international financial institutions to cover the construction costs for a floating production, storage, and offloading (FPSO) vessel destined to be deployed on a deepwater oil development on the Stabroek block off the coast of Guyana, which operated by ExxonMobil. The post SBM Offshore bankrolling construction of Guyana-bound FPSO with $1.5 billion loan appeared first on Offshore Energy.

Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025

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From 2025, the shipping industry will usher in a new era of more stringent regulations with environmental pieces woven into it. Adhering to these regulations is expected to drive a shift towards achieving net zero emissions by 2050. The post Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025 appeared first on Offshore Energy.