operations News

gCaptain

operations February 12, 2026

CK Hutchison Intensifies Legal Dispute Over Panama Ports

CK Hutchison, based in Hong Kong, has intensified its legal dispute over Panama Canal port concessions by initiating treaty arbitration, as reported by gCaptain. This move raises uncertainty over operations at the Balboa and Cristobal terminals amid Panama's plans for a forced transition.

Balboa (PA) Cristobal (PA)

gCaptain

Seatrade Maritime

operations February 12, 2026

Hutchison Warns Maersk Over Panama Port Operations

Hutchison has issued a warning to APM Terminals and other parties, cautioning against engaging in 'unlawful actions' at the ports of Balboa and Cristobal, as reported by Seatrade Maritime.

Balboa (PA) Cristobal (PA)

Seatrade Maritime

Offshore Energy

operations February 12, 2026

SLB Secures Offshore Drilling Deals in Indonesia

SLB has secured multiple contracts for offshore drilling services with Mubadala Energy for a gas project off Indonesia's coast, as reported by Offshore Energy. The collaboration involves the UAE-based subsidiary of Mubadala Investment Company, owned by Abu Dhabi's government.

Offshore Energy

Offshore Energy

operations February 12, 2026

Texas Firm Secures FPU Contract in Gulf of Mexico

Kito Crosby, a Texas-based company specializing in lifting and securement, has been awarded a contract for a new floating production unit (FPU) in the U.S. Gulf of Mexico, as reported by Offshore Energy.

Offshore Energy

Seatrade Maritime

operations February 12, 2026

Panama Canal Partners with US to Boost Grain Shipments

Seatrade Maritime reports that the Panama Canal has entered into a partnership with the US Grains & BioProducts Council to enhance trade flow through the canal. This agreement aims to improve the efficiency of US grain shipments, a vital component of the canal's operations.

Seatrade Maritime

Splash247

operations February 12, 2026

AF Offshore Decom Secures Contract for North Sea FSU Removal

AF Offshore Decom has been awarded a contract by Ithaca Energy for the decommissioning of an unnamed FSU in the UK sector of the North Sea, as reported by Splash247. The 24,000-tonne vessel will be delivered to AF Environmental Base Vats (AFEBV) in 2026.

Splash247

gCaptain

operations February 11, 2026

Saltchuk Acquires Great Lakes Dredge & Dock for $1.5 Billion

Saltchuk has agreed to acquire Great Lakes Dredge & Dock, the largest dredging contractor in the U.S., in a $1.5 billion deal, as reported by gCaptain. The acquisition will allow Saltchuk to expand its maritime operations while Great Lakes Dredge & Dock continues to operate independently.

gCaptain

Offshore Energy

operations February 11, 2026

Petrobras Enhances Santos Basin Field with New FPSO Arrival

Petrobras has introduced its eighth floating production storage and offloading (FPSO) vessel to bolster operations at its largest oil and gas field in the Santos Basin, Offshore Energy reports. This move is expected to enhance production capabilities off the coast of Brazil.

Offshore Energy

gCaptain

operations February 11, 2026

U.S. Coast Guard Finalizes Arctic Security Cutter Contracts

The U.S. Coast Guard has awarded contracts for all 11 Arctic Security Cutters to Davie Defense, completing a significant expansion of its icebreaker fleet, as reported by gCaptain. This move is part of efforts to enhance U.S. operational capabilities in the Arctic amid increasing competition in the region.

gCaptain

Offshore Energy

operations February 11, 2026

UK's First Biomethanol Bunkering Service Launches at Port of Immingham

Offshore Energy reports that the Port of Immingham has launched the UK's first commercially ready bio-methanol storage and supply service for shipping. This development positions Immingham as a leader in sustainable maritime fuel solutions.

Port of Immingham (GB)

Offshore Energy