• EMGS secures survey project in Southeast Asia
    Norwegian offshore survey company Electromagnetic Geoservices (EMGS) has received a letter of award from an undisclosed customer for a proprietary data acquisition survey in Southeast Asia. The total contract value of the contract is estimated to be over $20m. The company has started the mobilisation the survey vessel for the ... read more
    splash247.com NewsPublished on 20.02.2019By Jason Jiang
  • Canada and US shipping associations join efforts to protect the Salish Sea
    Canada’s Chamber of Shipping and the US-based Pacific Merchant Shipping Association has announced their joint support for continued binational federal leadership in ensuring safe and sustainable shipping on the Salish Sea. “The Salish Sea is a sensitive ecosystem and, while it plays a crucial role in our economies, ensuring its ... read more
    splash247.com NewsPublished on 20.02.2019By Jason Jiang
  • Intercontinental Exchange launches new marine fuel future contracts
    Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has launched new Marine Fuel 0.5% futures contracts prior to the upcoming implementation of the IMO 0.5% sulphur cap in 2020. ICE’s new futures contracts will settle against the S&P Global Platts ... read more
    splash247.com NewsPublished on 20.02.2019By Jason Jiang
  • Manila seeks to fix empty container congestion issue
    A familiar problem has hit the port of Manila again; congestion brought around by too many empty containers lying around the cramped facilities in the Philippine capital. Asian Terminals Inc (ATI), one of two port operators at the port, has tapped six liners to help alleviate the crunch at Manila ... read more
    splash247.com NewsPublished on 20.02.2019By Sam Chambers
  • Pressure grows on Brussels to repeal liner block exemption regulation
    A host of transport-related associations have joined forces to urge the European Commission to repeal the EU consortia block exemption regulation (BER), which is currently under review in Brussels. Nine associations – comprising shippers, forwarders, ports, barge and tug operators – yesterday determined that the BER, which comes up for ... read more
    splash247.com NewsPublished on 20.02.2019By Sam Chambers
  • PIL’s 15-year presence on the Asia-Europe trades comes to an end
    Singapore’s Pacific International Lines (PIL) will exit the Asia – North Europe tradelane in April, Alphaliner reports. Best known for its intra-Asia presence PIL, owned by the Teo family, has had a presence on the Asia-Europe trades for the past 15 years initially with its own ships in partnership with ... read more
    splash247.com NewsPublished on 20.02.2019By Sam Chambers
  • Vale selling last three ships in owned fleet
    Brazilian miner Vale is clearing out its owned fleet by selling off its last three ships. According to shipbroking sources, the company is inviting bids for the sale and leaseback of three capesize bulkers, the 1999-built Ore Guiba, the 1998-built Ore Bayovar and the 1997-built Ore Moatize. The leaseback would ... read more
    splash247.com NewsPublished on 20.02.2019By Jason Jiang
  • Euronav quits products, sells last non-core asset from Gener8 takeover
    Belgian tanker owner Euronav has sold its last product tanker, the 2004-built 72,768 dwt , marking the company’s exit from the product tanker sector. The vessel was sold to an undisclosed party for $6.75m, and will be delivered to its new owner in April. MSI values the ship at . Euronav ... read more
    splash247.com NewsPublished on 20.02.2019By Jason Jiang
  • Senior personnel at Vroon make for the door
    The exodus of senior personnel at restructuring Dutch shipping giant Vroon is accelerating. Company secretary Jo Goossens resigned two weeks ago, and now Splash understands Rob Schipper from Vroon’s tanker subsidiary, Iver Ships, has resigned to join Fred Cheng in Hong Kong. The run for the door started when veteran ... read more
    splash247.com NewsPublished on 20.02.2019By Sam Chambers
  • Three ships sold by d’Amico this week
    Rome-based d’Amico Società di Navigazione group has sold three ships this week. Shipping arm d’Amico International Shipping announced the sale of 2009-built medium range tanker for $16.4m to an undisclosed counterpart. The vessel was jointly owned with Mitsubishi Group through the DM Shipping joint venture, 51% controlled by d’Amico Tankers. ... read more
    splash247.com NewsPublished on 20.02.2019By Nicola Capuzzo
  • Australia sends help as Solomons fight bunker slick near UNESCO site
    The Solomon Islands is seeking help from Australia as bunker fuel seeps from a grounded bulker near the world’s largest raised coral atoll. A breach has opened up on the , and a slick has been detected. The ship ran aground while loading bauxite near the East Rennell world heritage ... read more
    splash247.com NewsPublished on 20.02.2019By Sam Chambers
  • Qatar confirms intention to order up to 60 LNG carriers
    The head of Qatar Petroleum (QP) yesterday confirmed speculation that the Middle Eastern nation will push ahead with plans to order up to 60 LNG carriers. Saad bin Sherida Al Kaabi, who is also Qatar’s minister of state for energy affairs, said at a press conference that Qatar was in ... read more
    splash247.com NewsPublished on 19.02.2019By Sam Chambers
  • New Delhi will favour locally built ships under new chartering policy
    The Indian government will prioritise locally made ships when handing out chartering contracts in a big change to the local maritime scene in the world’s second largest country by population. The change is in line with New Delhi’s Make in India initiative and is the latest bid to ramp up ... read more
    splash247.com NewsPublished on 19.02.2019By Sam Chambers
  • Wan Hai gives up options on four boxships
    Taiwanese shipping line Wan Hai Lines has announced that it has decided not to exercise options to construct four additional 2,038 teu boxships at CSSC-affiliated Huangpu Wenchong Shipbuilding. In November last year, Wan Hai ordered twelve 2,038 teu boxships at the yard in addition to eight 3,036 teu boxships at ... read more
    splash247.com NewsPublished on 19.02.2019By Jason Jiang
  • How Trieste could become the Singapore of the Adriatic
    There has been much commentary around the intent and development of China’s push to increase its trade and energy security with Europe. Taking the view that the Xi Jinping announcement that China was giving rebirth to the original Silk Road through the announcement of the Belt Road Initiative (BRI), one ... read more
    splash247.com NewsPublished on 19.02.2019By Andre Wheeler
  • Maersk blanks Europe service citing seasonal market demand reductions
    Citing “seasonal market demand reductions” Maersk announced yesterday it was blanking another Asia-Europe service, pulling the from a planned departure from China on March 2 on the AE2 service it operates with MSC. The cancellation is on top of the carrier’s already communicated Chinese New Year blank sailings and adds ... read more
    splash247.com NewsPublished on 19.02.2019By Sam Chambers
  • Slick detected from grounded bulker near the world’s largest raised coral atoll
    Oil spill response teams headed today to Rennell Island in the Solomon Islands to counter an oil slick from a bulker which grounded near a UNESCO site two weeks ago. Amid foul weather a breach has opened up on the , and a slick has been detected. The ship ran ... read more
    splash247.com NewsPublished on 19.02.2019By Sam Chambers
  • Two dead after tanker hit by fire at Bangladesh shipbreaking yard
    A fire broke out onboard an oil tanker beached at the Shagorika Ship Breaking Yard in Bangladesh, resulting in the death of two workers. The fire started from the engine room of the 2000-built VLCC Greek Warrior. One worker was severely injured and died after being sent to hospital, and ... read more
    splash247.com NewsPublished on 19.02.2019By Jason Jiang
  • Gas4Sea partners sign LNG bunkering deal with Equinor
    Marine LNG Zeebrugge, a joint venture of Gas4Sea partners Engie, Mitsubishi Corporation and NYK, has signed an agreement with the Norwegian energy group Equinor for supplying four crude shuttle tankers with LNG marine fuel in the port of Rotterdam. The four planned dual fuel vessels are to come into service ... read more
    splash247.com NewsPublished on 19.02.2019By Jason Jiang
  • McDermott awarded major contracts in Malaysia
    US offshore engineering firm McDermott International has secured two major contracts in Malaysia, one from Sarawak Shell and the other from Sapura Exploration and Production, for the Pan Malaysia field development located offshore of Sarawak. McDermott’s scope of work for Sarawak Shell includes the transportation and installation of jackets, topsides ... read more
    splash247.com NewsPublished on 19.02.2019By Jason Jiang
1 2 3 4 13