Compact AS

Compact AS is a pioneering technology company based in Norway, known for its innovative solutions in the field of automated drilling and automation systems for the oil and gas industry. The company focuses on leveraging advanced robotics, software engineering, and automation technologies to enhance the efficiency, safety, and sustainability of drilling operations.

Compact AS’s products and services are designed to optimize drilling processes by reducing manual intervention, minimizing downtime, and increasing precision and control. Their technology platforms typically feature intelligent systems capable of performing tasks that traditionally required human oversight, thus mitigating risks associated with human error and hazardous working conditions.

The company positions itself as a leader in the digital transformation of the oil and gas sector, contributing to the broader industry shift toward smarter, more automated operations. Compact AS’s offerings are integral for companies looking to modernize their drilling infrastructure, improve operational outcomes, and reduce environmental impact. Their solutions are instrumental in helping clients achieve higher levels of productivity while maintaining stringent safety standards.

+47 5630 3500
www.compact.no
+47 56303540

Products

"Seven OceanS" Emergency Food and Drinking Water Rations

Softeland Norway

Smoget 29
Softeland N5212
Norway

Ships

STOLT ZULU

Chemical Carrier | Flag: Republic of Liberia | Port: MONROVIA

Maritime News

Shipbuilding - JV Company Orders Containership Pair

2 days ago

ElbFeeder, a joint venture of the Icelandic transportation company Eimskip and German listed ship-owner Ernst Russ, signed contracts for a pair of 2,280-TEU container vessels with the shipyard China Merchants Jin Ling Shipyard (Nanjing) Co. Ltd. The newbuildings will be an addition to the ElbFeeder joint venture and expand it to a total of nine vessels. Options for two additional vessels were negotiated.The newbuildings will be employed in the Eimskip Blue Line between Reykjavik and Rotterdam for an initial 10-year period through a time-charter agreement signed in combination with the newbuilding contract.

Trump Administration Drops Gauntlet on UN Fuel Rules, Threatens Tariffs

2 days ago

The United States has told countries to reject a United Nations' marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as a weapon to extract better terms from Washington’s trade partners.In April, countries struck a draft agreement through the U.N.'s International Maritime Organization (IMO) that would impose a fee on ships that breach global carbon emissions standards.

Second-hand Containership Prices Soar in the Face of Soft Shipping Rates

2 days ago

Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price of a basket of seven five-year-old container ships was $9,761/TEU in late August 2024. Since then, the price has risen to $10,758/TEU at the beginning of 2025 and to $11,413/TEU in late August.Feeder ships smaller than 3,000 TEU have seen the highest price increase at an average of 26% year-on-year.

“2 Days, 50 Ports”: New Wave Media Acquires Port of the Future Conference & Exhibition

3 days ago

New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.Under the continued leadership of its founder, Kevin Clement, the event will retain its iconic tagline — “2 Days, 50 Ports” — and continue to convene top-tier port and terminal executives from around the world.The 2026 Port of the Future Conference is scheduled to be held March 23-25, 2026, at the Hilton University of Houston.

HD Hyundai Philippines Cuts Steel on First Vessel

3 days ago

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has conducted a steel cutting ceremony for a 115,000-ton product tanker at the HD Hyundai Philippines Shipyard in Subic Bay, Philippines.The vessel is the first ship built by HD Hyundai Philippines and is the first in a series of four vessels ordered from an Asian shipping company in December last year.Last May, HD KSOE signed a lease agreement with Cerberus Capital for a portion of the Philippine shipyard site, marking the launch of this second HD KSOE overseas shipyard.