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CMA CGM has emerged as the likely liner behind plans for another dozen 24,000 teu megamax containerships at China’s Yangzijiang Shipbuilding in a programme potentially worth around $3bn, as rival Maersk is also reported to be sounding out yards for a major new round of ultra-large tonnage. Broker MB Shipbrokers has linked Yangzijiang to the …

Houston-headquartered energy services giant Halliburton has won a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development off Cyprus. Under the contract, Halliburton will deliver integrated drilling, well construction, automation, and completions services for exploration and development wells. The bundled scope reduces operational interfaces, improves execution certainty, and supports efficient delivery …

South Korea’s Wooyang Shipping has ordered four newcastlemax bulk carriers at China’s New Times Shipbuilding for long-term employment with Brazilian mining giant Vale. The 210,000 dwt ships are scheduled for delivery in 2029 and 2030 and will be capable of running on ethanol, methanol and conventional fuel oil. Industry estimates put the price at around …

Shipping’s alternative fuel debate has acquired a useful new reference point with an important fuel body completing lifecycle assessments of LNG, ammonia and now methanol — and the clearest conclusion is that the production pathway can matter as much as the molecule itself. The Society for Gas as a Marine Fuel’s (SGMF) newly released methanol …

Germany has relaxed one of the more restrictive crewing requirements among major European maritime nations, allowing non-EU nationals to serve as masters and senior officers aboard German-flagged ships. An amendment to the country’s Safe Manning Ordinance now gives owners the option to use masters and officers from outside the EU and European Economic Area, provided …