The International Maritime Rescue Federation and the Nautical Institute signed a Memorandum of Understanding (MOU), according to which they will work together on projects to improve safety at sea.
The Danish yard Karstensens Skibsværft is set build and design two new vessels for trawl and purse seine fishing ordered by two Icelandic ship-owning companies.
ExxonMobil and Qatar Petroleum are moving ahead with a natural gas exploration campaign off Cyprus, despite heated rhetoric from Turkey about the validity of the island nation's E&P leases.
Royal IHC's Krimpen aan den IJssel, Netherlands, shipyard has successfully launched the world's largest, most powerful cutter suction dredge, the 44,180 kW self-propelled Spartacus.
Sutton, UK-based Subsea 7 reported an active vessel utilisation rate of 89% in its Q3 results presentation on 8 November, up 11% from Q3 2017 and the highest level since 2014.
The Hague-based BAM International, together with JJM Construction and Manson Construction, has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.
Shell U.K. will remove the Goldeneye platform in the UK central North Sea and some of the subsea infrastructure, subject to approval by Britain’s regulator.