• Subsea 7 secures two offshore contracts
    Norway’s Subsea 7 has secured two separate contracts for offshore services. The company was awarded a contract by Murphy Exploration and Production for subsea installation services related to the Samurai, Khaleesi, and Mormont developments tying back to the King’s Quay semi-submersible. The contract value is between $150m and $300m. Additonally, ... read more
    splash247.com NewsPublished on 03.03.2020By Jason Jiang
  • SeaBird Exploration secures contract extension for research vessel
    Seabird Exploration has secured an extension for the charter contract of its research vessel Petrel Explorer. The charter period of the contract has now been extended to May 31. Additionally, the company has received indicative bid interest from a prospective buyer of the vessel. “Given the positive market backdrop, the company’s ... read more
    splash247.com NewsPublished on 02.03.2020By Jason Jiang
  • Shearwater awarded 3D survey by Total
    Shearwater GeoServices has been awarded a major towed streamer 3D acquisition and fast track processing project in the Black Sea by Total. The survey covers 5,500 sq km in the Han Asparuh block using Flexisource triple source together with fast track processing enabled by Shearwater’s proprietary Reveal software. The three-month ... read more
    splash247.com NewsPublished on 02.03.2020By Jason Jiang
  • Chinese port volumes stabilising
    A swathe of data published in recent days suggests the worst is over for now in terms of plunging port volumes at Chinese ports in the wake of the coronavirus, an illness that saw the nation’s manufacturing index plummet to record lows in February. Data from US-based CargoMetrics, which tracks ... read more
    splash247.com NewsPublished on 02.03.2020By Sam Chambers
  • Fuel carriage ban comes into effect
    Port state control authorities began to enforce the International Maritime Organization’s (IMO) fuel carriage ban yesterday, whereby ships without a scrubber cannot carry high sulphur bunker fuel anymore. Major port state regimes including Paris MoU, Tokyo MoU and the United States Coast Guard (USCG), have made it plain that they ... read more
    splash247.com NewsPublished on 02.03.2020By Sam Chambers
  • New study makes the case for hydrogen-powered boxships on the transpacific by 2030
    Regular hydrogen-powered containership services on the transpacific could be a common sight by 2030, a new report from Washington-based non-profit, the International Council on Clean Transportation (ICCT) maintains. The report, due to be published tomorrow, evaluated the fuelling needs of containerships operating between China and the United States by modelling ... read more
    splash247.com NewsPublished on 02.03.2020By Sam Chambers
  • Measuring maritime emissions well-to-wake can drive development of renewables
    The challenge of achieving net zero carbon emissions should be shared along the supply chain, not placed on shipowners alone, says Chris Chatterton from the Methanol Institute. The IMO’s 7th Intersessional Working Group on Reduction of GHG Emissions from Ships, which takes place in a few weeks, includes a paper ... read more
    splash247.com NewsPublished on 02.03.2020By Splash 24/7
  • UK pursues car carrier cartel investigation
    The UK is set to pursue its own investigation into car carrier cartel behaviour, following on from other similar enquiries in Europe, the US, South Africa and Australia. Japan’s big three lines, MOL, K Line, NYK, along with Wallenius Wilhelmsen, Eukor and CSAV stand accused of overcharging UK consumers and ... read more
    splash247.com NewsPublished on 02.03.2020By Sam Chambers
  • Oman Shipping takes Scorpio Bulkers ultramax
    Oman Shipping has acquired the 2015-built 63,700 dwt bulk carrier as the company continues to expand its ultramax fleet. Multiple shipbroking sources confirmed that Scorpio Bulkers sold the Chinese-built vessel to Oman Shipping for a price of $18.5m, slightly higher than VesselsValue‘s valuation of $17.4m. Oman Shipping is primarily focused ... read more
    splash247.com NewsPublished on 02.03.2020By Jason Jiang
  • Falcon swoops for Eagle Melbourne MR2
    Greece’s Falcon Navigation has acquired 2011-built Japanese MR2 product tanker , according to shipbrokers. According to both Seasure Shipbroking and Advanced Shipping & Trading, Falcon Navigation has paid $18.4m to Japan’s Meiji Shipping for the Onomich-built 50,100 dwt vessel. The price is slightly under the VesselsValue market value of $19m. ... read more
    splash247.com NewsPublished on 02.03.2020By Grant Rowles
  • Vroon awarded extension by BP for four ERRVs
    Vroon Offshore Services has been awarded a three-year contract extension with BP for four emergency response and rescue vessels. The contract, worth around £30m ($38.5m), will see Vroon continue to provide four vessels to support BP’s North Sea and West of Shetland assets until 2023. VOS Discovery, VOS Fairness, VOS ... read more
    splash247.com NewsPublished on 01.03.2020By Grant Rowles
  • Augustea and Fagioli team up to create AF Marine
    The Zagari-controlled Augustea Malta Holding has joined forces with the Italian project cargo and heavy lift handling specialist Fagioli in order to create a new towage and shipping company called AF Marine. The Milan-based 50-50 joint venture will be active in ship sale and purchase, towage, and barge operations. Augustea ... read more
    splash247.com NewsPublished on 01.03.2020By Nicola Capuzzo
  • CEO Chronicles #18 : How to ensure your dream job
    Blowing in the wind I looked down at the envelope in my hand. It seemed too thin to be good news. I did not want to open it. If it was what I thought it was, this would be the 7th such rejection. Nevertheless, I girded myself and opened it, ... read more
    splash247.com NewsPublished on 01.03.2020By Venkatraman Sheshashayee
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