Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two development wells at the Solsort field as well as performing well intervention work scopes on two wells within the...

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Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well above the crisis lows of this summer, vessel brokers and commodity traders said on Friday. Rain is expected in south German river catchment areas over the weekend and...

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AAL Shipping (AAL) has been named the ‘Ship Operator of the Year’ at the annual Heavy Lift and Project Forwarding International (HLPFI) Awards night, held in Hamburg, Germany on Thursday 22nd September. AAL has remained committed to its project cargo customers over...

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Carriers are fighting to shore up falling spot rates from the Far East to US West Coast, blanking some 1.5 million TEU of capacity over the last 12 weeks. However, despite this bold strategic play, rates have collapsed by 46.3% over the same period, currently...

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In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, global coal trade has been a bit of a mixed picture. In the January to August period of 2022, total global seaborne coal loadings increased by +2.2% y-o-y to 784.9 mln t, from 767.7 mln...

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