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Splash 247 10/18/2019 04:20
Cases of corrosion linked to scrubbers are growing, prompting insurers and authorities to issue advisories. Norwegian P&I club Gard stated in a note to clients that it has seen a few incidents where within 10-15 months of an open-loop scrubber being installed, corrosion of overboard distance piece or in its immediate vicinity has resulted in […]
Splash 247 10/18/2019 03:50
The Port of Seattle has teamed up with a famous American IT name to try and develop maritime innovation among younger generations. The port is working with New York-headqaurtered coworking firm WeWork to launch Washington state’s first ever maritime startup accelerator. Ten chosen ventures will receive four months of mentorship and training at Seattle’s WeWork […]
Splash 247 10/18/2019 03:49
A Greek maritime environmental engineering company has merged with a well known local shipping IT firm with the pair vowing to develop green digital solutions for the industry. Erma First, best known for its ballast water treatment systems, has bought out METIS Cyberspace Technology from the Germanos–led Olympia Group. Established in 2016, METIS is specialised […]
Splash 247 10/18/2019 00:13
China’s largest steel producer Baowu Steel Group has signed a series of strategic agreements with Brazilian miner Vale to explore partnerships in various areas. Under the agreements, Baowu and Vale will cooperate in steelmaking, base metals, technology research and development, as well as logistics and supply chain to effectively improve the shipment of iron ore. The […]
Splash 247 10/17/2019 23:06
Offshore drilling rig operator Transocean has clinched new contracts for a drillship and two semi-submersible rigs. The 1990-built drilling rig Paul B. Loyd. Jr has been awarded a 255 day contract by Hurricane Energy in the UK North Sea, commencing from April 2020. The 2000-built drilling rig Deepwater Nautilus was awarded a 45 day contract […]
Splash 247 10/17/2019 22:07
Offshore driller Noble Corporation has secured new contracts for a drillship and a jackup drilling rig, according to the company’s latest fleet status report. Apache has exercised two of three optional wells utilising 2014-built drillship Noble Sam Croft, extending the contract to March 2020. Additionally, Spirit Energy has exercised the final option for 2009-built jackup […]
Splash 247 10/17/2019 19:35
Dutch dredging and subsea specialist Royal Boskalis Westminster has partnered with GoodFuels to unveil Boskalis vessel as the first dredging vessel in the world to operate on 100% biofuel oil. The vessel’s sulphur-free sustainable fuel consists entirely of used cooking oil, resulting in a carbon reduction of 90%. Boskalis says the switch to biofuels is […]
Splash 247 10/17/2019 03:15
Chinese company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490m). The contracts include large scale core modules construction for Arctic LNG 2 natural gas project, wind turbine jacket construction and other offshore engineering services. Including the latest contracts, the company currently […]
Splash 247 10/17/2019 02:39
Bob Burke led Ridgebury Tankers has taken advantage of the current hot market for VLCCs, sealing a deal for 2001-built VLCC trio , and . Brokers are reporting the sale at $98m en bloc, which is substantially higher than current valuations in the market for the vessels. VesselsValue places a market value of $66.59m on […]
Splash 247 10/17/2019 02:23
Norwegian bulk operator Belships has entered into a seven-year bareboat charter for a 61,000 dwt ultramax bulk carrier newbuilding. The vessel will be delivered by a Japanese shipyard during the first quarter of 2020, and the agreement comes with purchase options below current market values. The purchase option can be exercised after the fourth year until […]
Splash 247 10/16/2019 23:35
Offshore wind service provider CWind, part of Global Marine Group, has entered into a long-term contract with windfarm operator Ørsted for the charter of the world’s first hybrid-powered surface effect ship (SES). The ship, to be delivered by mid-2020, will be deployed for opertions at Ørsted’s Borssele 1 and 2 offshore wind farms. The contract […]
Splash 247 10/16/2019 22:42
Greek owner Chartworld Shipping and its affiliate company Nederland Shipping pled guilty in federal court in Wilmington, Delaware, to failing to notify the U.S. Coast Guard of a hazardous condition on one if its vessels and violating the Act to Prevent Pollution from Ships (APPS) by presenting false documents to the Coast Guard that covered [...]

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