Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).
Viking’s subsidiary Viking LR2 will charter the 1,
French oil firm Total will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the
The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,
The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters.
South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., have secured the largest amount of new orders in the first six months of the year to retain the top slot,
After signing an order for the construction of five new ships two weeks ago, the Italian shipowner Grimaldi Group has signed another contract for the construction