Sector
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Transocean wins $252m contract for newbuild drillship
Offshore drilling contractor Transocean has landed a $252m firm deal with Beacon Offshore Energy for its newbuild ultra-deepwater drillship Deepwater…
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More than 40 ships waiting outside LA and Long Beach setting new record
The number of ships at anchor, waiting for berth space to open up at America’s two largest boxports has hit…
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How shipowners can navigate rising inflation
Should shipping be worried by the direction of many central banks? Splash Extra interviewed economists, brokers, financiers and owners on…
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Terminal velocity
Splash columnist Kris Kosmala identifies the tech issues that led to container ports buckling during the pandemic. Are you familiar…
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Hamburg prosecutors raid Erck Rickmers office in ship scrapping investigation
The Hamburg public prosecutor’s office raided a number of shipowner offices yesterday including an Alster villa belonging to the Erck…
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China’s merged state shipbuilding giant moves HQ to Shanghai
The merger of China’s two largest state-owned shipbuilding conglomerates is finally complete and the giant yard conglomerate is moving its…
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X-Press Feeders snaps up Jebsen boxship
Sea Consortium-controlled feeder operator X-Press Feeders has purchased the 2006-built from Jebsen Shipping. Multiple brokers report the Tim Hartnoll-led company…
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Ernst Russ takes full ownership of boxship from Eimskip JV
Germany’s Ernst Russ Group has reached an agreement to acquire one of the container vessels owned by ElbFeeder, its 52/48…
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ONE and UCS open Hamburg container centre
Japanese containerline Ocean Network Express (ONE) and Universal Container Services (UCS) have opened a dedicated container storage centre at the…
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John Fredriksen further reduces stake in Seadrill
John Fredriksen continues to divest his stake in the financially troubled offshore driller Seadrill, reducing ownership to just under 20%.…
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Fire on offshore platform likely caused by gas leak: Pemex CEO
The fire on Sunday that killed at least five workers on an offshore platform operated by Petroleos Mexicanos (Pemex) may…
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Vaalco Energy seals Gabon FSO deal with World Carrier
Houston-based Vaalco Energy has signed a binding agreement with World Carrier Offshore Services to provide and operate a floating storage…
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Santos awards Dorado platform contract to Sapura Energy
Malaysia’s Sapura Energy has been awarded a contract by Australia’s Santos to design, construct and install the wellhead platform for…
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Crowley, MMA partner to train offshore wind labour force
Crowley Maritime Corporation and Massachusetts Maritime Academy have joined forces to create a labour force training and development program for…
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Straits Orient Lines adds feeder boxship pair
Straits Orient Lines (SOL), part of Transworld Group Singapore headed by Mahesh Sivaswamy, is expanding its fleet with the acquisition…
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Stopford on Maersk and methanol
The world’s most famous shipping economist, Dr Martin Stopford, the non-executive president of Clarkson Research Services, writes for Splash today,…
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GE and PKN Orlen sign offshore wind deal in Poland
GE Renewable Energy and Polish oil refiner and petrol retailer PKN Orlen have signed a memorandum of understanding to explore…
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Solstad Offshore sells another AHTS
Norway’s Solstad Offshore continues to trim its fleet with the sale of another anchor handling tug supply vessel to undisclosed…
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HHLA buys stake in H2Global foundation
Hamburger Hafen und Logistik (HHLA) is investing in the newly founded H2Global foundation to successfully implement its hydrogen technology projects.…
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Cape run still has plenty of legs going into 2022
Capesizes have been on a dramatic ascendancy of late, crossing the $50,000 mark this week on the back of growing…
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