• DP World and Rostatom partner on Arctic shipping venture
    Dubai-based terminal operator DP World has anounced it will work with Russian state nuclear energy firm Rosatom to develop pilot container shipping routes between Northwest Europe and East Asia through the Arctic. Rosatom is a designated sole infrastructure operator of the Northern Sea Route which it plans to develop into ... read more
    splash247.com NewsPublished on 26.07.2021By Grant Rowles
  • British universities explore converting ocean energy into hydrogen and ammonia
    The University of Strathclyde has announced that it will lead the £10m ($13.75m) multi-disciplinary Ocean-REFuel: Ocean Renewable Energy Fuels project which will explore ways of converting wind power and ocean energy into hydrogen and ammonia for use in heating, energy storage and difficult to decarbonise road, marine and aviation transport ... read more
    splash247.com NewsPublished on 26.07.2021By Andrew Cox
  • Westshore Terminals seals deal for BHP Jansen potash project
    Westshore Terminals and BHP Canada have signed an agreement through which Westshore will provide services to BHP at the Port of Vancouver for BHP’s Jansen potash mine in Saskatchewan if BHP chooses to go ahead with that project. If BHP decides to proceed with the Jansen project, Westshore will handle ... read more
    splash247.com NewsPublished on 26.07.2021By Kim Biggar
  • Seadrill comes up with new rescue plan
    Financially troubled offshore driller Seadrill has reached an agreement with most of its lenders on a new rescue plan that would see the company raise $350m in new financing and reduce its liabilities by over $4.9bn. The offshore driller, which is in its second bankruptcy proceedings in the US in ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • Transnet identifies source of cyber threat at South African ports
    Transnet is working to bring its operations back to normal following a cyber attack on Thursday. The South African logistics group said it has found the source but it is yet to identify it and the nature of the attack. “Transnet has identified and isolated the source of the disruption ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • German offshore hydrogen project presses ahead
    Project partners RWE, Shell, Gasunie and Equinor have signed a declaration of intent to further intensify their collaboration on the AquaSector project – the vision of the first large-scale German offshore hydrogen park. The project aims to demonstrate that in Germany, offshore-based hydrogen production enables an efficient, cost-effective and sustainable ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • Newbuild prices under pressure as steel plate prices surge
    Sharply contrasting fortunes from two Korean conglomerates last week have sparked conjecture on whether newbuild prices will head further north. Hyundai Heavy Industries, the nation’s largest shipbuilder, reported a Q2 loss last week, citing soaring steel plate losses for its red ink performance, while Posco, South Korea’s top steel mill, ... read more
    splash247.com NewsPublished on 25.07.2021By Sam Chambers
  • Trafigura and Hy2gen collaborate on ammonia as shipping’s future fuel
    Commodities giant Trafigura has teamed up with Germany-based startup Hy2gen on a study aimed at quantifying the needs of the shipping industry for green ammonia as the industry transitions to low andzero carbon maritime fuels. The two companies have signed a memorandum of understanding for a study that will consider ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • Let’s not talk about nuclear ships
    You need a degree in physics to understand the subject of nuclear-powered ships. The technical issues that come with nuclear power at sea are not easy for an amateur, such as a generalist manager, to understand, and unless you can chat about why Hyman Rickover didn’t want liquid salt cooled ... read more
    splash247.com NewsPublished on 25.07.2021By Andrew Craig-Bennett
  • Dutch government backs first offshore green hydrogen project on an oil platform
    The Netherlands Enterprise Agency (RVO) has awarded a subsidy of €3.6m to the PosHYdon project, the world’s first offshore green hydrogen pilot on a working oil production platform in the Dutch North Sea. The project seeks to validate the integration of three energy systems: offshore wind, offshore gas and offshore ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • Wind turbine installation vessel capsizes in Southern China
    A wind turbine installation vessel capsized off the coast of South China’s Guangdong on Sunday morning local time, reportedly causing close to 70 people to fall into the sea. The accident took place at around 11,00 hrs local time, near the Honghaiwan wind measurement tower in the Red Bay area ... read more
    splash247.com NewsPublished on 25.07.2021By Adis Ajdin
  • Van Oord awarded offshore wind installation contract by Iberdrola
    Dutch offshore marine service group Van Oord has been awarded a contract by the Spanish energy company Iberdrola for the Baltic Eagle offshore wind farm. No value has been disclosed for the contract, which will see Van Oord transport and install the foundations and ensure the supply, transport and installation ... read more
    splash247.com NewsPublished on 23.07.2021By Adis Ajdin
  • Angeliki Frangou accused of conflict of interest by disgruntled Navios investor
    A disgruntled activist investor has filed a complaint with the US Securities and Exchange Commission (SEC) against Navios Maritime Partners and its CEO Angeliki Frangou. MRMP-Managers, which has a 5.8% ownership stake in the LP interests of NMM, has voiced serious concerns regarding the current management and direction of the ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • Belgium steps up its seafarer vaccination campaign
    Belgium is stepping up its seafarer vaccination programme. The European nation, already one of the world’s most proactive states to get crews jabbed, will from Monday up its campaign at its major ports, deploying mobile medical vaccination teams to ships at berth to provide the vaccinations directly on board. The ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • World Health Organization puts seafarers in priority vaccine category
    IMO secretary-general Kitack Lim has welcomed the World Health Organization’s decision to name seafarers as one of the groups of transportation workers that should be prioritised for Covid-19 vaccination in instances of limited supplies. The updated guidance for Stage II of its vaccine roadmap from the WHO’s Strategic Advisory Group ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • Free freight CO2 calculator launches
    German logistics technology company Logward is offering customers using its software for route planning and procurement the ability to calculate expected carbon emissions, free of charge. Logward’s tools empower shippers to compare estimated emissions for route and transport mode options at the planning stage, while also enabling the measurement of ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • Iran’s new oil terminal located south of the Strait of Hormuz is now operational
    Iranian president Hassan Rouhani told citizens last night in a televised address that the nation’s first oil terminal in the Gulf of Oman is now operational, giving the country an alternative oil export route to the Strait of Hormuz. “This is a strategic move and an important step for Iran. ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • South African ports crippled by cyber attack
    Transnet, the operator of South Africa’s major ports and a national freight rail line, was hit by a major cyber attack yesterday, further disrupting operations at Cape Town and Durban, which have also been harmed by a period of civil unrest in the country this month. “Transnet is currently experiencing ... read more
    splash247.com NewsPublished on 23.07.2021By Sam Chambers
  • BP teams up with Quaybridge to develop offshore wind business
    BP has joined forces with Quaybridge, a UK-based renewables and offshore wind consultancy business, to accelerate the development of BP’s global offshore wind portfolio. As part of the new agreement, members of the Quaybridge team will work closely with BP’s Renewables Growth business development team, a key element in BP’s ... read more
    splash247.com NewsPublished on 23.07.2021By Andrew Cox
  • TMN picks up Eastern Pacific aframax
    Thailand’s TMN has dived into the secondhand market, adding its biggest ship to date. Sources tell Splash that the privately owned Thai tanker player has added a 12-year-old aframax, named Marmara Sea, from Idan Ofer’s Eastern Pacific. The newly delivered ship has repainted its name to earlier this month and ... read more
    splash247.com NewsPublished on 23.07.2021By Hans Thaulow
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