Shipbreaking

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Record Year for Cruise Ship Scrapping

portnews - October 8, 2022

Keeping up with a trend that started in the early days of the COVID-19 pandemic, several older and smaller cruise ships continue to be...

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Major milestone in Northern Endeavour decommissioning contract

portnews - October 4, 2022

Petrofac, a leading provider of services to the global energy industry, has officially taken over operatorship of the Northern Endeavour FPSO (Floating Production, Storage...

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More decommissioning work booked for Pioneering Spirit

portnews - October 4, 2022

Allseas has booked more work for Pioneering Spirit, the world’s largest construction vessel, in the UK northern sea. The vessel, with its single-lift technology,...

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Ship Recycling Prices Soften (again)

portnews - October 3, 2022

Sentiments have softened across sub-continent markets once again this week, as buyers appear increasingly reluctant to commit on fresh tonnage while fundamentals remain so...

Companies

Expro completes subsea decommissioning project on Ireland’s first indigenous gas wells

portnews - October 3, 2022

Energy services provider Expro has successfully completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells, according to the company's release. Expro provided...

Companies

Allseas awarded more decommissioning work in UK North Sea

portnews - October 3, 2022

Allseas has been awarded a contract by UK-based operator EnQuest to remove the topsides of its Heather platform in the North Sea. The contract will...

Companies

Petrofac takes over FPSO operatorship as part of ‘landmark’ decom deal off Australia

portnews - October 3, 2022

Oilfield services provider Petrofac has officially taken over the operatorship of a floating production, storage and offtake (FPSO) vessel on behalf of the Australian...

Companies

EnQuest taps Allseas for North Sea platform topsides removal

portnews - September 30, 2022

Oil and gas company EnQuest has achieved a milestone in the decommissioning of the Heather asset located in the UK North Sea following the...

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Recycling sales dry up as difficult fourth quarter dawns

portnews - September 27, 2022

With most shipowners faring well from firmer markets, recycling sales have almost petered out. Combined with serious depreciation in currencies and falling steel plate...

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