• Stena Bulk MR tanker takes on biofuel
    Swedish tanker owner Stena Bulk has commenced a test to run one of its MR tankers on 100% biofuel. The fuel being used for the test is the MR1-100 bio-fuel oil, produced from used cooking oil by GoodFuels. The biofuel has been bunkered onto the 2016-built , and will be ... read more
    splash247.com NewsPublished on 29.03.2020By Grant Rowles
  • Maersk crew hit by coronavirus
    Maersk officials have confirmed that some of its seafarers onboard the 9,074 teu Gjertrud Maersk have come down with suspected coronavirus. The ship is currently at Ningbo, where it had been waiting to be phased into the Maersk network. “We can confirm that on 23 March 2020 a number of ... read more
    splash247.com NewsPublished on 27.03.2020By Sam Chambers
  • Magseis Fairfield awarded seismic program in Mexico
    Magseis Fairfield has been awarded a deep water ocean bottom node (OBN) project in the Mexican sector of the Gulf of Mexico. Work is scheduled to commence in the third quarter and will take about 60 days. The company will deploy its node handling vessel REM Saltire for the project. “This ... read more
    splash247.com NewsPublished on 27.03.2020By Jason Jiang
  • Japanese government considers integrating 15 yards to form shipbuilding super group
    Japan is currently exploring the possibilities to integrate 15 major shipyards in the country under a so-called All Japan Shipbuilding merger plan, following similar steps by neighbouring shipbuilding rival countries China and South Korea, local financial newswire Nikkei is reporting. The merger plan comes after Japan’s largest two shipbuilders – ... read more
    splash247.com NewsPublished on 27.03.2020By Jason Jiang
  • Action plan to get crews repatriated gains momentum
    One shipmanager has come up with a solution for the crew change crunch hitting shipping around the world and has started to engage with stakeholders to get seafarers home finally. Captain Rajesh Unni, founder and CEO of Singapore-based Synergy Group, has called for the organisation of collective crew changes at ... read more
    splash247.com NewsPublished on 27.03.2020By Sam Chambers
  • Owners cancel planned scrubber installations
    Reports are emerging of owners cancelling planned scrubber installations in China on account of the narrowing fuel price spread and the grim trade outlook brought about by the spread of coronavirus. Alphatanker, part of AXS Marine, noted in its latest weekly report: “Installations due to be carried out in Chinese ... read more
    splash247.com NewsPublished on 27.03.2020By Sam Chambers
  • Nigeria takes mixed coronavirus stance on ships entering its waters
    The Nigerian president, Muhammadu Buhari, yesterday introduced tough new coronavirus measures for container and dry bulk ships calling at the West African oil hub. Tankers, however, are allowed to proceed as normal. Nigeria will now only allow ships that have been at sea for more than two weeks to dock ... read more
    splash247.com NewsPublished on 27.03.2020By Sam Chambers
  • Poorly designed oily water separators put seafarers at risk
    In a special one-off today, Splash is calling all seagoing engineers to take part in an Australian survey looking at the questionable designs of oily water separators. Gavin Henderson is currently completing a Master of Applied Science (Marine Engineering) with the University of Tasmania. As part of his course, he ... read more
    splash247.com NewsPublished on 27.03.2020By Sam Chambers
  • Castor Maritime fixes panamax bulker to Comerge, eyes further fleet growth
    Nasdaq-listed panamax bulker owner Castor Maritime has announced that 2004-built bulker has completed its scheduled dry-docking and special survey and has immediately commences a new charter contract. The vessel was fixed to Comerge, a Chinese commodity trader and logistics firm, for a period of 90 to 105 days at a ... read more
    splash247.com NewsPublished on 27.03.2020By Grant Rowles
  • Royal Marine readies to discharge post-panamax fleet
    Low profile Chinese owner Royal Marine Holdings is selling its post-panamaxes. Despite falling prices and Covid-19 , Royal Marine is determined to sell and focus on its woodchip carrier fleet. Sources say the two 88,300 dwt Imbari built vessels, 2004-built Royal Forward and 2007- built Royal Award, are for sale.The ... read more
    splash247.com NewsPublished on 27.03.2020By Hans Thaulow
  • C Transport Maritime takes Diana Shipping capesize on charter
    Greek dry bulk owner Diana Shipping has entered into a time charter contract with John Michael Radziwill-led C Transport Maritime for the 2012-built capesize bulker . The charter commenced earlier this week and is for a period of 13 to 15 months. The charter rate is $6,000 per day for ... read more
    splash247.com NewsPublished on 27.03.2020By Grant Rowles
  • Valaris suffers cancellation of two drilling units in Angola
    Offshore driller Valaris has received termination notices for one of its drillships and a jackup rig, and anticipates more contract cancellations in light of increased market uncertainties. Total has terminated the contract for drillship Valaris DS-8, currently operating off Angola. Valaris said the operating day rate for the ship is ... read more
    splash247.com NewsPublished on 27.03.2020By Jason Jiang
  • South African mines shut down as nation starts three-week lockdown
    Dry bulk operators in particular are facing an ever longer list of port restrictions that will impact voyages. Splash has already reported on how the major grain exporting region in Argentina has gone into lock down while many ports in India are pushing ahead with force majeure plans. Now, major ... read more
    splash247.com NewsPublished on 26.03.2020By Sam Chambers
  • Indian ports declare force majeure
    Several major Indian ports, including those operated by Adani Ports, the country’s largest private port operator, have declared force majeure as the country started a three-week lockdown in an attempt to contain the spread of the coronavirus. India’s shipping ministry has issued a letter allowing ports to consider the coronavirus ... read more
    splash247.com NewsPublished on 26.03.2020By Jason Jiang
  • Woes mount for PIL’s Teo as Singamas swings to a loss
    The red ink keeps flowing at businesses linked to Singaporean SS Teo, the boss of troubled Pacific International Lines (PIL), the world’s tenth largest containerline. Singamas, the Hong Kong-listed box manufacturing subsidiary of PIL, posted its full year results for 2019 today. Despite selling five Chinese factories to Cosco last ... read more
    splash247.com NewsPublished on 26.03.2020By Sam Chambers
  • Wallenius Wilhelmsen reduces workforce in US and Mexico by 2,500
    Norwegian roro shipowner Wallenius Wilhelmsen has announced that it has started temporary layoffs of about 2,500 production workers in the United States and Mexico. The company said the layoffs are in line with automaker plant closures as part of the fight against coronavirus, and amount to around half of the ... read more
    splash247.com NewsPublished on 26.03.2020By Grant Rowles
  • CMA CGM takes priority boarding concept global
    French liner CMA CGM is upping its capabilities when it comes to the concept of priority boarding for boxes. The Marseille-based container line yesterday launched SEAPRIORITY Go, an offering that guarantees priority transportation of goods. The solution offers priority boarding for goods during the loading process, whether it be for ... read more
    splash247.com NewsPublished on 26.03.2020By Sam Chambers
  • Weekly Broker: Lethargy a symptom of the virus
    Deals for secondhand tonnage are drying up quicker than people’s throats. There’s the logistics of sealing a deal first up – being able to inspect a ship and get your crew to it has never been more tricky. Then owners are having to factor in the ramifications of a looming ... read more
    splash247.com NewsPublished on 26.03.2020By Jason Jiang
  • Concord Maritime: ‘Tanker owners usually wind up with the people they know and trust’
    December saw tanker commercial management firm Concord Maritime, launched in April 2018 by Ben Ognibene, move into shipowning with the acquisition of 2007-built Samsung aframax tanker Aegean Blue from Greece’s Arcadia Shipmanagement. “We like the fundamentals in the aframax markets – global cargo volume growth, rapidly slowing fleet growth, dearth ... read more
    splash247.com NewsPublished on 26.03.2020By Splash 24/7
  • 3 Maj to complete unfinished tanker for Marflet Marine
    Spanish tanker operator Marflet Marine has entered into an agreement with 3 Maj, a subsidiary yard of financially troubled Croatian shipbuilding group Uljanik, to complete the construction of an unfinished tanker MR tanker. Marflet Marine originally ordered the 50,000 dwt Santiago I (hull 723) at Uljanik, although the contract was ... read more
    splash247.com NewsPublished on 26.03.2020By Jason Jiang
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