Fairmount Marine, the Netherlands-based ocean-going tug operator, announced this week that their 205 ton bollard pull tug, Fairmount Expedition completed the 575 mile crossing of the South China sea with the jackup rig Naga 3 under tow.
The rig was being delivered from Labuan, Malaysia, to the PV Marine Shipyard in Vung Tau, Vietnam.
The Naga 3 is a Gusto MSC CJ46-X100-D design jackup, built in 2010 by Drydocks World and owned by UMW Petropipe/Singapore Drilling. The rig will be working offshore Vietnam for the Japan Vietnam Petroleum Company.
The cargo ship Vezhen did damage a subsea cable linking Sweden and Latvia last month but it was an accident, not sabotage, a Swedish prosecutor said on Monday, adding that the Maltese-flagged vessel had been released.
WASHINGTON, Jan 30 (Reuters) – When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump’s secretary of state, he’ll find a region reeling from the new administration’s...
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
January 24, 2025
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