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Deepwater News

 

MARAD Approves Deepwater Port License for $8.2b LNG Project

Oct 28, 2026

The Maritime Administration has approved a deepwater port license application for the $8.2 billion ST LNG project, US Transportation Secretary Sean Duffy said on Wednesday.The project could further expand US liquefied natural gas export capacity. President Donald Trump's administration has promised to ease permitting in a bid to speed up energy infrastructure development.The ST LNG deepwater port, set to be built about 10…

Seatrium Wraps Up AmFELS Yard Sale

Feb 03, 2026

Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies…

Morocco to Open Two Deepwater Ports in 2026, 2028

Dec 08, 2025

Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Enterprise Products Gets Port License for Gulf of Mexico Oil Terminal

Apr 10, 2024

Enterprise Products Partners said on Tuesday it had received a deepwater port license for its Sea Port Oil Terminal (SPOT) in the Gulf of Mexico from an agency of the U.S. Department of Transportation.The project, located near Freeport, Texas…

Webinar: Floating Production Forecasts & Analysis

Jul 24, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

Transocean Drilling Revenues up at $792M

Feb 18, 2020

Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…

APM Terminals Poti in Expansion Mode

Feb 13, 2020

International container terminal operating company APM Terminals said that its Poti Seaport Terminal in Georgia has re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti…

Port Bronka, NBG Sign Agency Pact

Feb 10, 2020

Fenix LLC St.Petersburg, owner and operator of Port Bronka, inked an agency agreement with NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg, to promote the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg…

Georgian Port of Poti Mulls New Project

Feb 04, 2020

The international container terminal operating APM Terminals said that its port of Poti has presented its plans for the creation of a deep-water port to the Government of Georgia.The plans require an investment of over 250 million USD of private…

Ocean Infinity Names Paul Helmore as CCO

Apr 18, 2019

American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…

China to Develop Multi Billion Dollar Deep Sea Port In Myanmar

Nov 12, 2018

China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and…

KNOT Concludes TC Contract for Two Shuttle Tankers

Sep 28, 2018

Norway-headquartered Knutsen NYK Offshore Tankers (KNOT) has concluded a time-charter contract for two shuttle tankers with Equinor ASA for a maximum 20-year period starting in the second quarter of 2020.KNOT is a NYK Group company, in which NYK has a 50 percent share…

Ultra-Deepwater Port Location Revealed at Shetland

Sep 11, 2018

Scottish Government identifies Dales Voe in Lerwick in Shetland  as “preferred site” for an 'ultra deep water' decommissioning port after UK-wide feasibility study.Scotland’s supply chain could be set to win more large scale decommissioning projects…

Noble Chooses Kongsberg for Drillship Monitoring Package

Aug 29, 2018

Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The contract reflects a growing requirement for deep technology integration on drilling platforms and ships…

Logistics News

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Russia Extends Diesel Export Ban Until Year End

Russia Extends Diesel Export Ban Until Year End

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

NorthPort Receives Four New Hybrid RTG Cranes

NorthPort Receives Four New Hybrid RTG Cranes

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