Sector
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Ocean Rig drillship awarded Tullow Namibia contract
Offshore driller Ocean Rig has signed a new one-well deal with Tullow Namibia for drilling offshore West Africa, utilising 2011-built…
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DOI considering lower royalties for oil and gas drilling in the US Gulf of Mexico
The US Department of the Interior (DOI) is weighing up whether or not to cut the royalty rate for deep-water…
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UTLC Eurasian Rail Alliance: A growing challenge to liners from Asia to Europe
The UTLC Eurasian Rail Alliance, a China – Europe rail container service provider, is looking to further expand its service…
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Conditions now deadly on abandoned chemical tanker off Tunisia
The master of the chemical tanker has contacted Splash with details of another shocking case of crew abandonment. The ship…
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Otto Marine seeks court protection
Singapore-based offshore shipbuilder Otto Marine has filed for protection in the Singapore High Court, according to Bloomberg. The company, which…
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Prolific Tan Binh makes buying return
One of Southeast Asia’s most prolific buyers of bulkers from 2014 to 2016 has decided the time is right to…
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Kumiai Senpaku orders pair of LPG carriers at Sasaki Zosen
In the gas carrier sector, Japanese yard Sasaki Zosen has received an order for a pair of 5,000 cu m…
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Winson Oil takes Maersk aframax
Maersk Tankers has offloaded its 15-year-old Japanese built in an off market deal to Singaporean outfit Winson Oil. Clarkson Research…
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Wisdom Marine orders kamsarmax pair at Japan Marine United
Taiwanese bulker owner Wisdom Marine has approved a plan to order two 82,400 dwt kamsarmax bulk carriers at Japanese yard…
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Solstad Farstad secures CSV contract from Fugro
Norwegian offshore vessel operator Solstad Farstad has entered into a contract with Fugro Netherlands Marine for the hire of construction…
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Shanghai Ansheng Automotive Shipping orders car carrier at Jinling Shipyard
Shanghai Ansheng Automotive Shipping has placed an order at Jinling Shipyard, an affiliate yard of Sinotrans & CSC, for the…
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US anti-trust agency to challenge Wilhelmsen takeover of Drew Marine
The US Federal Trade Commission (FTC) is going to make a legal challenge to prevent a proposed takeover of marine…
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Brazil approves 15 firms for March drilling rights auctions
Brazil’s national oil industry regulator has approved 14 companies to be bidders in next month’s round of auctions for oil…
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Lars Modin takes over at Masterbulk
Former V.Ships exec Lars Modin has taken over as CEO of Singapore owner Masterbulk this month, replacing Nicholas Fisher. Fisher…
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J C Flowers and Cerberus Capital Management tipped to buy out HSH Nordbank
The Wall Street Journal (WSJ) is reporting that American private equity firms J C Flowers and Cerberus Capital Management have…
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Jakarta backs down on controversial coal export plans
Indonesian authorities have taken a step back in bringing in a controversial ruling that would have seen coal exporters forced…
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Subsea 7 and Schlumberger poised to form joint venture
Subsea service provider Subsea 7 and oilfield services company Schlumberger have entered into exclusive negotiations to form a joint venture,…
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Statoil renews agreement for DOF anchor handler
Norway’s DOF has been awarded a framework agreement by Statoil for 2010-built anchor handler . The new agreement commences in…
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Chinese court to auction off Varun Shipping tanker
Shanghai Maritime Court will hold an auction for the 1997-built aframax tanker via online platform Taobao on March 15. The…
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Thoresen sells another open-hatch bulk carrier
Thailand’s Thoresen Shipping has sold 1995-built open hatch bulk carrier , fetching $4.25m for the 42,529 dwt vessel. The sale…
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