ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while the barge was being towed to a new location in Egyptian territorial waters.At the time of the incident, 30 personnel were on board, involving 18 from ADES personnel.According to the latest information…
RightBridge Ventures Agrees Reverse Takeover of Swemar
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company to be acquired by Swemar operates a fleet comprising Anchor Handler Tug Supply (AHTS) vessels and crew transportation vessels. It owns three vessels outright and…
Wärtsilä to Optimize Ops for Two Alpha Gas Carriers
Technology group Wärtsilä has signed a five-year lifecycle agreement with Greek liquefied natural gas (LNG) management company Alpha Gas for two of its LNG carriers.The agreement covers two LNG carriers which each have four Wärtsilä 34DF engines and is aimed at giving Alpha Gas increased operational insight, availability, and better maintenance cost predictability.The agreement with Wärtsilä will help…
BHP Signs Charter Contracts with COSCO for Two Ammonia Dual-Fueled Vessels
Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.The two vessels, expected to be delivered from 2028, will primarily transport iron ore…
Ørsted Terminates Offshore Wind Installation Vessel Deal with Cadeler
Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom.The long-term agreement for an A Class WTIV was first announce in April 8, 2024, under which Ørsted secured the vessel capacity from the first quarter of…
- 1
- 2
