COPENHAGEN, May 29 (Reuters) – The oil unit of Danish oil and shipping group A.P. Moller-Maersk said one of its floating Gryphon oil production platforms was back in operation and would soon ramp up output.
The Floating Production Storage and Offloading Unit (FPSO) was damaged during a storm in February 2011 and had been under repairs since.
The group said in a statement once all the associated fields were fully operational over the coming months, production would ramp up in excess of 20,000 barrels of oil equivalent per day. (Reporting by Copenhagen Newsroom; editing by James Jukwey)
Container carriers are accelerating their return to the Suez Canal, with COSCO’s OOCL Portugal making a milestone transit even as Houthi advances around Bab el-Mandeb raise fresh security concerns.
Rumours are gaining ground in shipbroking circles that Maersk is on the verge of making a series of huge new orders for vessels, potentially doubling its newbuilding pipeline.
Maersk and Hapag-Lloyd are significantly expanding their return to the Suez Canal, shifting four additional Gemini Cooperation services away from the Cape of Good Hope even as the security outlook...
September 14, 2026
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