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Splash 247 02/25/2020 04:17
Organisers of Japan’s largest shipping exhibition have pulled the plug on the show with just 15 days to go. Sea Japan becomes the latest name to be scrubbed from the maritime calendar thanks to the spread of coronavirus. The Tokyo event was meant to start on March 11. Organisers have yet to confirm rescheduled dates. […]
Splash 247 02/25/2020 03:53
Cyber consultants Red Sky Alliance with maritime security specialists have started publishing a weekly list of names of ships appearing in malicious emails with hackers increasingly targeting this niche with malware or phishing links. Red Sky Alliance has been carrying out weekly queries of backend databases, identifying all new data containing Motor Vessel (MV) and […]
Splash 247 02/25/2020 02:34
Is there a discernible scrapping trend brought about by the eight-week-old global sulphur cap? Jason Jiang investigates. The new IMO sulphur regulations, coupled with continued recession in the dry bulk chartering market, has forced owners to push a large number of less fuel-efficient vintage ships to scrapyards in the first two months of this year. […]
Splash 247 02/25/2020 02:23
Belgium tanker owner Euronav has announced the sale of its 2003-built 150,000 dwt suezmax tanker for a price of $21.8m. The latest ship registration information shows the vessel has been renamed Aldus, although the identity of the new owner remains unknown. Euronav said it considers regular fleet rejuvenation an important function of vessel management in […]
Splash 247 02/25/2020 01:51
Harry Vafias’s StealthGas has formed a new joint venture with an unspecified party and bought three medium sized LPG carriers. The three ships are all 2010-built with a capacity of 35,000 cu m each, far larger than StealthGas’s normal smaller LPG focus. Board chairman Michael Jolliffe commented: “In terms of our new projects, in an […]
Splash 247 02/24/2020 21:15
Swiss geotechnical company Geoquip Marine has secured a contract for its newly acquired geotechnical vessel to support the development of an offshore wind farm. According to Geoquip Marine, Geoquip Speer will carry out seabed CPT work for a major offshore wind farm development in the United States. Geoquip Marine has recently completed a conversion and […]
Splash 247 02/24/2020 20:57
Bunker broker and trader KPI Bridge Oil has announced that it has entered into an agreement to acquire OceanConnect Marine, a wholly owned subsidiary of Glencore. The two companies will merge to create new entity KPI OceanConnect to become one of the largest independent marine fuels service and solutions providers in the world with a […]
Splash 247 02/24/2020 18:29
Norway’s DOF has been awarded a contract by Premier Oil UK for 2003-built platform supply vessel . The contract is for four wells wth two option wells, and is scheduled to commence in the second quarter. Estimated duration of the contract is around 100 days per well. DOF was awarded a contract by Premier Oil […]
Splash 247 02/24/2020 03:55
The coronavirus is set to wipe a “chilling” 1.7m teu of container business, according to new research from Copenhagen-based Sea-Intelligence. Using what the consultancy admits as a “very rough” average of $1,000 per teu in freight rates, the Wuhan-originated illness translates into a $1.7bn shortfall in revenues for carriers. The 1.7m teu loss is equal […]
Splash 247 02/24/2020 03:23
Singapore-headquartered offshore marine services provider PACC Offshore Services Holdings (POSH) has secured two towage and positioning contracts to support the Petronas FLNG 2 project. The contracts are undertaken by POSH’s newly launched offshore projects division and involve the deployment of four POSH vessels. The first contract will see two POSH vessels undertaking a tow of […]
Splash 247 02/24/2020 03:00
Dr Mario Tamburri, director of ACT/MERC, argues that a huge win-win for both commercial shipping and the environment can be achieved with a holistic approach to biofouling and better in water cleaning of vessels. That includes ‘getting proactive’ on one of our industry’s most pressing challenges. Tamburri is the director of the Maryland-based Alliance for […]

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