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Splash 247 10/27/2020 04:16
Seafarers continue to face a bleak future in the face of the Covid-19 pandemic, according to the latest Seafarers Happiness Index report, published yesterday by The Mission to Seafarers. The survey reports on the experiences of seafarers between July and September 2020. The average Seafarers Happiness Index for this three-month period showed an increase in …
Splash 247 10/27/2020 01:49
Japan’s Iino Kaiun Kaisha has headed overseas for its latest ship order. The Tokyo-headquartered firm has signed with South Korea’s Daewoo Shipbuilding & Marine Engineering for one firm VLGC. The contract for the 91,000 cu m gas carrier comes with an option for one more ship. No price has been revealed for the firm ship, …
Splash 247 10/27/2020 01:05
Onassis Foundation-controlled Greek owner Olympic Shipping has sold a 17-year-old VLCC to Asian buyers. Multiple shipbroking houses including Advanced Shipping & Trading, Seasure Shipbroking reported that Olympic Shipping sold its 2003-built 305,000 dwt VLCC to an Asian buyer for around $26m, higher than VesselsValue‘s valuation of $24.8m. Allied Shipbroking identified the buyer as Thai owner …
Splash 247 10/26/2020 23:16
An offshore workbarge sunk at the Baram field in Malaysian waters this morning sparking a huge rescue operation. The Malaysian Maritime Enforcement Agency has confirmed that offshore vessel Sapura Constructor reported that it had received an emergency signal from the sinking , located around 7.7 nautical miles from Kuala Baram, Miri. The Sapura Constructor sailed …
Splash 247 10/26/2020 21:33
The US Treasury Department has imposed sanctions against the Iranian oil sector including the oil ministry, oil minister, state-owned oil and shipping company in its latest round of sanctions against the country. The Office of Foreign Assets Control (OFAC) of the US Treasury Department has blacklisted the Iranian Ministry of Petroleum, the National Iranian Oil Company …
Splash 247 10/26/2020 21:21
Singapore offshore vessel operator Kim Heng Offshore has entered into an agreement to establish a long-term business cooperation to seek more horizontal directional drilling (HDD) projects in the offshore wind sector. Under the agreement, Kim Heng will provide offshore vessels, tugboats and barges for the transportation, delivery and installation of marine construction projects, including ongoing …
Splash 247 10/26/2020 19:03
Norwegian drilling contractor Awilco Drilling has announced that it has decided to initiate a wide range of cost cutting measures. Awilco says the measures come in light of the termination of newbuild semi-submersible Nordic Winter, which it terminated with Keppel FELS in June, and the significant delay in the construction and anticipated start-up of operations …
Splash 247 10/26/2020 01:21
Sales in the capesize sector are still dominating the bulker S&P scene with VesselsValue noting an impressive 12 capes and newcastlemaxes changing hands in the last three weeks. Over the weekend a couple of newcastlemaxes were noted sold by Japanese owners. NS United invited offers for the 230,00 dwt, 2007-built NSS Honesty. This ship is …
Splash 247 10/25/2020 23:27
Singapore’s Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have been jointly awarded a research grant to pilot Singapore’s first floating energy storage system (ESS). The collaboration is part of an earlier announced $10m partnership between the two entities to develop innovative energy solutions in the marine sector. The project was awarded to a …
Splash 247 10/25/2020 23:00
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) has reported three incidents of armed robbery against ships in the Singapore Strait. The incidents occurred within intervals of two hours and in close proximity to each other. The attacked ships are 2009-built panamax bulker Seajourney, 1996-built handy bulker A …
Splash 247 10/25/2020 22:52
UK special forces arrested seven stowaways onboard 2011-built 75,000 dwt LR tanker near the Isle of Wight for suspected hijacking activities. According to UK’s defence ministry, the special forces boarded the vessel after receiving a distress signal from the vessel, after an incident which saw all 22 crew members escape to the ship’s citadel. The seven stowaways are …

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