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10 August 2026

Seadrill boosts backlog with fresh work for three rigs

Downunder Voices Newsroom

Source reporting: Splash247

Seadrill boosts backlog with fresh work for three rigs

Offshore rig owner Seadrill has been awarded a new contract and a pair of extensions for three of its rigs. The 2013-built drillship West Vela was awarded a one-year contract by Talos in the US Gulf, with a start in June 2027 and adding approximately $161m to the company’s contract backlog, excluding additional services. The …

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10 August 2026

Booming exports from the Far East see trade gaps widening

Trade imbalances on exports from the Far East to most major global regions have continued to worsen, creating challenges for container carriers and increasing costs for head-haul shippers, according to a new report from Sea-Intelligence. The maritime analyst found that four of the six major ex-Asia trades have backhaul utilisation of 30% or less, based on a rolling 12-month analysis designed to remove seasonal effects. The imbalance ratio measured loaded backhaul volume ... The post Booming exports from the Far East see trade gaps widening appeared first on The Loadstar .

Source: The LoadstarOriginal source

10 August 2026

DOF secures fresh Caribbean work for two AHTS vessels

Norwegian offshore vessel owner DOF has been awarded firm contracts totalling 150 days for two of its AHTS vessels in the CARICOM region. DOF stated that it would also provide remotely operated vehicle services for the engagement. According to a company statement, the two unnamed vessels will commence transit to the region shortly. DOF described …

Source: Splash247Original source

10 August 2026

Cadeler signs $930m deal for two new wind installation vessels

Offshore wind vessel heavyweight Cadeler has signed firm contracts with COSCO Shipping Offshore shipyard for the construction of two new T-class offshore wind installation vessels. COSCO Shipping Offshore has already constructed several vessels for Cadeler. The company said that the agreement was secured on competitive commercial terms and is approximately €805m ($930. 5m) in aggregate. The …

Source: Splash247Original source

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10 August 2026

TGS books new seismic campaign offshore Australia

Oslo-listed seismic specialist TGS has won a new 4D streamer acquisition contract offshore Australia. The Ramform Sovereign vessel is scheduled to mobilise in December, with the survey expected to last close to 50 days. The company will also utilise its Ramform acquisition platform and GeoStreamer technology. “We are very pleased to secure this contract award, …

Source: Splash247Original source

10 August 2026

Ukraine agrees safe passage for Kazakh crude tankers

Ukraine has agreed to stop attacking non-Russian tankers and infrastructure associated with Kazakhstan’s Black Sea oil exports following US intervention, potentially easing one of the biggest new war risks facing the tanker market. The agreement covers vessels calling at the Caspian Pipeline Consortium terminal near Novorossiysk provided they are not sanctioned by Ukraine, do not …

Source: Splash247Original source

10 August 2026

AI boom puts shipowners in race with tech giants for engines

HD Hyundai Heavy Industries has landed its largest-ever power-generation engine contract, underlining how the artificial intelligence boom is opening a huge new market for marine equipment manufacturers — and potentially creating another supply headache for shipowners. The Korean shipbuilding giant has just signed a KRW956bn ($676m) agreement with US energy infrastructure developer Corban Energy Group …

Source: Splash247Original source