DW Monday: Golden Triangle Fades as Deepwater Sector Diversifies

Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.

GC Reiber diversifies away from oil and gas with Nexans Norway charter

In some good news for offshore operator GC Rieber Shipping it has diversified from oil and gas with a new...

APM Terminals diversifies into grain handling with new JV in China

APM Terminals plans to handle grain rather than containerised cargo at the newly developed Qingdao Port Dongjiakou...

China Ocean Shipbuilding diversifies to car parking business

China Ocean Shipbiulding Industry Group (Cosig) has taken steps to diversify from the sluggish shipping industry...