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Splash 247 11/14/2019 17:49
Singapore headquartered Swire Pacific Offshore says that it will be closing Swire Seabed AS and its three associated companies at the end of February 2020. Based in Bergen, Norway, Swire Seabed offers subsea services and seabed surveys for oil and gas, renewables and marine salvage utilising a fleet of four multi-purpose subsea vessels equipped with […]
Splash 247 11/14/2019 17:40
Nasdaq-listed Gulf Island Fabrication has appointed Richard Heo as its new president and chief executive officer, replacing Kirk Meche who has served in the role since 2013. Heo moves from McDermott International and has previously worked for Chicago Bridge & Iron KBR. Jack Laborde, chairman of Gulf Island, commented: “Richard has extensive industry knowledge and […]
Splash 247 11/14/2019 03:09
European consumer goods giant Unilever has appointed the former boss of Maersk as its new chairman. Nils Andersen steps up from non-executive director to take over from Marijn Dekkers Andersen served as CEO at AP Moller-Maersk for nine years through to 2016. Prior to that he headed up Danish brewing firm Carslberg. He is also […]
Splash 247 11/14/2019 01:12
The sale and purchase market for both bulkers and tankers has seen a major scale-back in activities as freight markets weakened and owners declined to accept comparatively strong secondhand prices. According to London brokers Alibra, the capesize period market softened again this week with very little Brazil-China trade and Vale absent from the market. The […]
Splash 247 11/13/2019 22:06
UAE-based National Petroleum Construction Company (NPCC) has announced the acquisition of 2010-built subsea construction vessel to boost its offshore and subsea construction capabilities. The ship is equipped with a heavy lift crane which has a lifting capacity of 1,600 mt, as well as an S-lay pipelay spread and subsea crane. The purchase price for the […]
Splash 247 11/13/2019 14:30
UAE-based jackup rig operator Shelf Drilling has recently secured a series of new contracts for its drilling rigs, according to the company’s latest fleet status report. Rig 141 secured a contract extension for a firm period of 165 days plus two three-month options with Gempetco for operation in Egypt until May 2020. Parameswara was awarded […]

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