Idle
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Port News
SinoOcean forms strategic partnership with CNOOC for idle offshore assets
SinoOcean, an idle offshore assets management platform set up by major Chinese offshore builders, has entered into an agreement with oil…
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Marine World
Scrapyards Set for New Wave of Containership Demolition as Idle Fleet Grows
According to London-based shipbroker Braemar ACM, just 14 have been demolished so far this year, compared with 58 ships by…
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Maritime News
Valaris Says Rigs May Be Idle for Up to Two Years
Offshore drilling contactor Valaris, which is exploring a bankruptcy restructuring, on Thursday said it could take up to two years…
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Marine World
Idle Containership Fleet Appears Set to Hit All-Time Record
With over 250 sailings already withdrawn in the second quarter, the consultant forecasts that the lay-ups will push the idle…
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Maritime News
Fully Laden LNG Tankers Sit Idle Off Indian Ports after Force Majeure
At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes,…
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