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6 November 2026

SLB OneSubsea picks up subsea deal for Aker BP’s North Sea project

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Source reporting: Splash247

SLB OneSubsea picks up subsea deal for Aker BP’s North Sea project

SLB’s OneSubsea joint venture has secured a contract from Aker BP to supply subsea production systems, umbilicals, and associated services for the Lyra oilfield development in the Norwegian North Sea. The contract, whose value was not disclosed, will support the fast-track development of Lyra, previously known as Kjøttkake, approximately 44 km from the Gjøa platform. …

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Source: Splash247

6 November 2026

Shipbuilding boom heads for 2028 delivery crunch

The global shipbuilding orderbook has expanded three and a half times since 2020, while yard capacity has grown by just 30%, setting the stage for an extraordinary delivery squeeze over the next two years. The latest Shipping Market Review from Danish Ship Finance reveals that shipbuilding order cover has jumped from 1. 4 years in 2020 …

Source: Splash247

6 November 2026

US sanctions five Cuban tankers in fresh crackdown on oil shipping networks

Washington has widened its sanctions campaign against Cuba’s oil shipping network, identifying five tankers as blocked property and targeting companies in Cyprus, Panama and Havana involved in managing the vessels. The US State Department announced the measures yesterday, designating eight companies and two individuals under an executive order targeting the Cuban government’s revenue and military …

Source: Splash247

6 November 2026

LD Armateurs buys three PSVs for cable-layer conversions

French shipowner LD Armateurs (LDA) has acquired three platform supply vessels currently under construction for conversion into cable-laying ships as it looks to expand its presence in the subsea telecommunications market. The three vessels are scheduled for delivery in the second quarter of 2027 before heading to an undisclosed shipyard for conversion. They are expected …

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Source: Container News

6 November 2026

OOCL to launch new FCS4 service connecting Malaysia and East India

Orient Overseas Container Line (OOCL) has announced the launch of its new Far East–Chennai Service (FCS4), strengthening container shipping connectivity between Malaysia and the east coast of India. The service is scheduled to begin on 22 November 2026 and will provide direct connections between Port Kelang in Malaysia and the Indian ports of Visakhapatnam (Vizag) and Chennai. According to OOCL, the new service will offer additional routing options for cargo moving between the two markets. It is also designed to improve connectivity and provide greater flexibility for shippers. FCS4 port rotation The new service will operate the following port rotation: Port Kelang (Malaysia) – Vizag (India) – Chennai (India) – Port Kelang (Malaysia).

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