Author: Erick Parel

PXGEO gets new chairman and CEO

Energy News Beat Middle EastOffshore PXGEO PXGEO Marine seismic player PXGEO has appointed industry veteran Charles Davison as executive chairman and chief executive officer, effective immediately, in a strategic leadership transition that marks “the beginning of a new chapter” for the four-year-old company. Davison brings more than 30 years of experience in growing, modernising and […]

China’s Mineral Processing

Energy News Beat Daily Standup Top Stories Critical Minerals are not the problem that China controls. It is the processing of the mineral ore that they control. April 21, 2025 Clark Savage Examining the energy markets today, we must consider the tariff war currently underway between the United States and the rest of the world. Make […]

Vallourec wins pipe deal for Brazilian project from Allseas

Energy News Beat Petrobras Swiss-based marine construction specialist Allseas has picked French tubing manufacturer Vallourec to supply line pipes for Petrobras’ Búzios 10 offshore project. This contract represents nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes for the risers and flowlines. The contract includes an optional scope of almost 5,000 tonnes. The […]

Over a dozen injured in Petrobras platform fire

Energy News Beat AmericasOffshore X.com X.com A total of 14 workers were injured after a fire broke out on Petrobras’ Cherne 1 platform (PCH-1) in the Campos Basin, some 130 km off Rio de Janeiro. Initially, Petrobras reported that one service provider suffered minor burns and was conscious, however, the number rose to 14 as […]

ICTSI to expand Rio de Janeiro port facilities

Energy News Beat AmericasPorts and Logistics Global port operator International Container Terminal Services Inc (ICTSI) has bought a 47% interest in a former shipyard, Estaleiro Inhaúma, in Rio de Janeiro, which will be used to expand its port facilities in the city.  “In the immediate future, the said property will be used by ICTSI Rio […]

Adani Ports strikes $2.5bn deal for Australian coal terminal

Energy News Beat APSEZ India’s largest private ports and logistics company, Adani Ports and Special Economic Zone (APSEZ), has acquired the North Queensland Export Terminal (NQXT) in Australia in a non-cash deal worth about $2.54bn. The transaction involves the purchase of Abbot Point Port Holdings (APPH), a Singapore-based entity currently owned by Carmichael Rail and […]

MSC in for more Hengli megamaxes

Energy News Beat Yangzijiang Shipbuilding Gianluigi Aponte’s Mediterranean Shipping Co (MSC) has returned to Hengli Heavy Industry for a new series of LNG dual-fuel megamax containerships. Shipbuilding sources in China report the Swiss-based liner giant has signed up for six 22,000 teu newbuilds at the yard formerly known as STX Dalian. Soren Toft-led MSC and […]

Geneva Dry Dialogues: Weathernews

Energy News Beat Shipowners are asking for easy-to-use solutions, offering a one-stop shop, according to Joachim Gerlach, senior sales manager at Weathernews, one of the world’s largest private weather information companies. “Customers are facing more and more systems in their everyday operations, and being able to integrate as much as possible into one unique interface […]

Philly Shipyard steps forward to meet US LNG carrier requirements

Energy News Beat Philly Shipyard The Korean-controlled Philly Shipyard is gearing up to build the first LNG carriers in America since the 1970s. Following last week’s announcement by the US Trade Representative (USTR) on port fees designed to boost American shipbuilding, Hanhwa Ocean, which bought Philly Shipyard last year, has said it will embark on […]

Fear of grey boxes

Energy News Beat Andrew Craig-Bennett on another virulent form of sea blindness. Timor arcium griseorum. I hope I have got the Latin for “Fear of grey boxes” correct, because it is the widespread fear – almost a medical condition – of container shipping that I want to write about. There was a time when fear […]