Total: There are plenty of offers in the offshore sector
There are many players vying for projects when the oil companies select rigs and drilling vessels for their projects. Rig rates remain low and "favorable" to oil companies, French oil major Total tells ShippingWatch.
There is fierce competition in the rig sector, where there are plenty of tenders and low prices to choose from for the big oil companies, Total's president for exploration and production, Arnaud Breuillac, tells ShippingWatch.
Greenlandic ports have in recent years become better connected to the world than previously. This is due to a collaboration deal with Icelandic Eimskip, but according to Royal Artic Line’s CEO, ambitions go beyond that.
The Covid-19 pandemic and supply chain chaos have made Türkiye a more attractive site of production, prompting hectic activity for freight forwarders and carriers: ”Our customers are investing heavily in equipment,” says DFDS head to ShippingWatch.
The European Community Shipowners’ Associations echoes the criticism from national associations regarding the Norwegian law proposal on seafarers’ pay and working conditions. The proposed law seems to overstep several international laws, according to the organization.