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The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility
The agreement is intended to support a series of strategic subsea transmission projects, including the proposed Shetland 2 HVDC link.

No delays to implementing shipping fuel sulphur cap in 2020 -IMO

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, officials with the UN’s shipping agency said on Tuesday.

ONE, OOCL and APL say shippers must pay additional costs of sulphur cap

Major container lines Ocean Network Express , Orient Overseas Container Line and APL all say that the costs of complying with the 2020 low sulphur cap

Maersk Adjusts Fuel Surcharge Ahead of 2020 Sulfur Cap

Maerks Line has announced a new bunker adjustment factor (BAF) surcharge it says will enable customers to predict

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