operations News - VesselAPI

operations May 21, 2026

Ilya Espino de Marotta Becomes First Woman to Lead Panama Canal

Ilya Espino de Marotta has been appointed as the new administrator of the Panama Canal, marking a historic first as the waterway's first female leader, according to gCaptain. This announcement was made by Panama President José Raúl Mulino amid increasing global pressures on the canal.

Panama Canal (PA)

gCaptain

operations May 21, 2026

Panama Canal Traffic Surges Amid Hormuz Crisis

Traffic through the Panama Canal is rising sharply due to disruptions in the Strait of Hormuz, which are redirecting U.S. energy exports to Asia and Pacific markets, as reported by gCaptain. This surge is pushing the canal near its capacity limits.

gCaptain

Seatrade Maritime

operations May 21, 2026

Philippines Ports to Expand with $300M AIIB Loan

Seatrade Maritime reports that the Asian Infrastructure Investment Bank (AIIB) has approved a $300 million loan package to enhance the infrastructure of three terminals in the Philippines. This investment aims to increase the throughput capacity at these ports through technology-enabled upgrades.

Seatrade Maritime

Offshore Energy

operations May 21, 2026

Oceaneering Secures Offshore Installation Deal with Shell's JV in Egypt

Oceaneering has been awarded an integrated offshore installation contract by Burullus Gas Company, a joint venture involving Shell in Egypt, as reported by Offshore Energy. The contract involves significant offshore operations.

Offshore Energy

Splash247

operations May 21, 2026

Saipem Partners with Petrobras for Brazil Offshore Decommissioning

Italian offshore contractor Saipem is expanding its presence in Brazil's decommissioning market through a new collaboration with Petrobras, as reported by Splash247. The companies have signed a memorandum of understanding to explore solutions for retiring aging offshore oil and gas infrastructure.

Splash247

operations May 21, 2026

DeepOcean Secures North Sea FPSO Decommissioning Contract

DeepOcean has been awarded a contract to assist in the decommissioning and removal of a floating production, storage, and offloading vessel in the UK North Sea, as reported by Splash247. The company will handle subsea disconnection work and support the vessel's tow to shore, expanding its decommissioning portfolio.

Splash247

operations May 21, 2026

Wood Wins Offshore Engineering Contract for QatarEnergy Project

UK engineering group Wood has secured a contract from China Offshore Oil Engineering Company to deliver detailed design work for QatarEnergy's Bul Hanine EPIC project, as reported by Splash247. The project, located offshore Qatar, aims to optimize the field's pipeline network to boost production and extend asset life.

Splash247

gCaptain

operations May 21, 2026

Saudi Wealth Fund Plans Logistics Consolidation Amid Iran Conflict

Saudi Arabia's sovereign wealth fund is contemplating the consolidation of its transport and supply-chain assets to form a logistics giant, as reported by gCaptain. This move aims to attract foreign investment and enhance the kingdom's trade hubs amid the ongoing Iran war.

gCaptain

Seatrade Maritime

operations May 21, 2026

Middle East Conflict Strands 20,000 Seafarers, Raising Crew Welfare Concerns

Seatrade Maritime reports that conflict in the Middle East has left 20,000 seafarers stranded in the Gulf, highlighting significant concerns over crew welfare. The situation underscores the ongoing challenges faced by maritime workers in conflict zones.

Seatrade Maritime

Offshore Energy

operations May 21, 2026

DeepOcean Secures North Sea FPSO Decommissioning Job

DeepOcean has been contracted to assist with the subsea decommissioning and disconnection of an unnamed FPSO vessel in the UK sector of the North Sea, as reported by Offshore Energy. This project highlights DeepOcean's capabilities in handling complex offshore decommissioning tasks.

Offshore Energy