[Saipem wins $1.25 billion onshore and offshore contracts in Middle East] Saipem has secured US$1.25 billion worth of onshore and offshore contracts in the Middle East. The first group deals with the extension of onshore drilling contracts in the Middle East with a total value of approximately US$600 million. The award relates to a ten-year extension of existing contracts for four onshore drilling rigs located in the Middle East. Editor/Xing Wentao
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  • 2026.04.24 16:18
  • [Fuzhou Port Luoyuan Bay berth project approved]
  • On April 20, 2026, the construction of berths 7-10 in the Bi Li operation area of Luoyuan Bay in Fuzhou Port was approved by the Provincial Development and Reform Commission, with a total investment of 1.823 billion yuan. The project is constructed by Fujian Luochuan Port Co., Ltd., which is controlled by Fuzhou Port Group. It will build two 50000 ton general berths with a designed annual throughput capacity of 8.61 million tons. The dock structure is reserved for the 70000 ton class and can accommodate multiple ship types for combined berthing. Editor/Cheng Liting
  • 2026.04.24 16:17
  • [Ningbo Zhoushan Port completes ship to ship bonded green methanol refueling]
  • On April 22, 2026, the first "ship to ship" bonded green methanol refueling in the province landed in Meishan Port Area of Zhoushan Port in Ningbo. The refueling ship "Daqing 268" injected green methanol into the "COSCO Shipping Libra" ship. In the context of global shipping emissions reduction, customs, maritime, border inspection and other departments collaborate efficiently to ensure operational safety through institutional innovation and remote supervision. Editor/Cheng Liting
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