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Splash 247 08/20/2019 03:39
The Iranian VLCC, formerly known as Grace 1, continues to head east through the Mediterranean, bound for the port of Kalamata in Greece, having been allowed to leave Gibraltar yesterday after being detained for six weeks. The Greek port commenced ship-to-ship operations earlier this year, which the fully laden tanker will need to carry out […]
Splash 247 08/20/2019 03:38
Salvation is on hand for the famous Northern Irish shipyard that built the Titanic. BDO, the administrator for Harland & Wolff, has said they have received two valid bid for the yard BDO will now assess each bid. A trade union rally on behalf of the existing 120 workers at the yard is scheduled for […]
Splash 247 08/20/2019 02:39
Norwegian seismic service provider Magseis Fairfield has signed a contract for operating a low frequency source on a deepwater node survey in the Gulf of Mexico. The project will commence in August and is scheduled to last 30-40 days. “Customers appreciate Magseis Fairfield’s efficient ocean bottom seismic offering, and this is another example that we […]
Splash 247 08/20/2019 02:39
Norwegian OSV operator DOF has been awarded two AHTS contracts to support drilling operations in New Zealand. The 2011-built Skandi Emerald and 2012-built Skandi Atlantic have been contracted by OMV NZ for two wells firm, plus two one well options, to support drilling rig COSL Prospector. The two vessels are currently supporting the same rig […]
Splash 247 08/20/2019 02:28
Dutch heavylift shipping company Jumbo has teamed up with compatriot marine biofuel company GoodFuels to test marine biofuel oil on an offshore decommissioning project in a bid to move the offshore support sector towards renewables. The Jumbo collaboration follows GoodFuels’ completion of two deliveries of sustainable drop in biofuel in the shipping sector – in […]
Splash 247 08/19/2019 20:06
George Economou’s SPII Holdings and Nasdaq-listed DryShips have entered into a definitive merger agreement which will see Economou take full control of the company. Economou’s plans to take DryShips private were announced in June, and since then a price of $5.25 per share has been agreed with a committee of independent directors, who were appointed […]
Splash 247 08/19/2019 20:00
Petrofac, via a joint venture with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an engineering and technical services contract to support Total and SOCAR’s exploration and production activities in Azerbaijan. The contract is for 12 months with option to extend, and will see the JV company supporting activities at the […]
Splash 247 08/19/2019 19:33
The second episode of the Deep Dive, Splash’s brand new podcast, launches today. Recorded at the Glyfada home of Dagfinn Lunde and Marina Tzoutzouraki, founding partners of, the pod takes on a decidedly financial tone this month. As ever, the podcast’s remit is to discuss issues raised in the most recent issue of Splash […]
Splash 247 08/19/2019 05:20
Two separate accidents occurred at Samsung Heavy Industries’ Ningbo yard in China on Saturday leading to the death of two workers. One worker got an electric shock when operating a cutting machine and died after being sent to the hospital for emergency treatment. Two hours after the incident, another worker fainted when he was taking a […]
Splash 247 08/19/2019 05:20
Italian owner Amoretti Armatori Group, controlled by the Amoretti family, have purchased two handysize tankers, doubling its exposure in this vessel size, brokers tell Splash. The active owner has shaken hands with Swedish tanker and ferry owner Rederi AB Gotland, adding the 39,000 dwt Chinese-built ships, Alice (built 2013) and sistership Ami (built 2012) for […]
Splash 247 08/19/2019 02:20
Thanks to enormous consolidation container shipping has reached an “unprecedented” level of rate stability around the world, according to the latest weekly report from Copenhagen-based box analysts Sea Intelligence. Analysts used the global rate index measured monthly by Container Trade Statistics (CTS), with the data series being available from January 2009 to June 2019 to […]

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