Sector
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MOL details restructuring measures
Japan’s largest shipping company by fleet size and revenues, Mitsui OSK Lines (MOL), has announced a restructuring today. Effective April…
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India takes action on fake seafarer certificates
India’s Directorate-General of Shipping has declared a one-off amnesty scheme for 3,762 seafarers it has found obtained fake certificates from…
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First credit insurer signs up to the Poseidon Principles
State-run Bpifrance, through its subsidiary Bpifrance Assurance Export, the French export credit agency, has become the first credit insurer to…
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Know your coal counterparty
David Flanagan, an analyst at Infospectrum, writes for Splash today on risk management. The most troublesome challenges facing risk management…
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DOF Subsea and TechnipFMC find work for pipelay support vessel
, the Brazilian built (2010) pipelay support vessel owned by a joint venture between DOF Subsea and TechnipFMC, has been…
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Modec awarded Bacalhau FPSO contract by Equinor
Japan’s Modec has signed a sale and purchase agreement with Equinor Brasil Energia to supply the FPSO vessel for the…
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Global Marine Group sold to private equity for $250m
Financial services company HC2 Holdings and Furgo have sold offshore engineering specialist Global Marine Group (GMG) to an investment affiliate…
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China Steel Express readies vintage cape clear-out
Likely with rising fuel prices in mind, China Steel Express, the shipping arm of Taiwan’s largest steel producer, is readying…
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Euronav stuns with 57,534% Q4 improvement
For the tanker bulls, the eagerly anticipated Q4 results from Antwerp’s Euronav did not disappoint this morning. The Belgian tanker…
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January’s top research picks
Launched yesterday for subscribers of Splash Extra, our team of journalists has combed through the the hundreds of shipping analyst…
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Blaze breaks out on disused VLCC off Dubai
An out-of-use VLCC caught fire yesterday 21 nautical miles northwest of Dubai. Splash understands the , which has not traded…
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Shipping’s green $1trn is a profitable investment, not a cost
Marie Hubatova, a research analyst at the Environmental Defense Fund, discusses the zero-carbon shipping opportunity ahead of us. Earlier this…
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International Seaways seals refinancing with pricing linked to carbon efficiency
American tanker operator International Seaways has closed credit facilities worth a total of $390m, used to refinance $385m of existing…
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Diana Shipping sells capesize, seals kamsarmax charter
Greek dry bulk owner Diana Shipping has announced the sale of one of its vessels, and the charter of another.…
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Diligent Holdings continues to accumulate supramaxes
Dimitris Michalos-led Diligent Holdings has begun the year in similar fashion to the last two years, building up its fleet…
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Subsea 7 and Schlumberger alliance awarded Brazilian FEED contract by Equinor
Subsea 7 and Schlumberger’s OneSubsea, via the Subsea Integration Alliance, has been awarded a contract by Equinor for the front…
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DOF Subsea awarded North American contracts
DOF Subsea has been awarded multiple contract awards from clients across the North America region. 2001-built CSV Skandi Neptune will…
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AMS ballast water management system extensions: shipowners and vendors must act now
The five-year AMS window is closing for many vessels and owners whose systems are awaiting USCG Type Approval should not…
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BDI chopped in half since the start of the year
It has been a dire start of the decade for the dry bulk sector, especially for capesizes. The Baltic Dry…
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LNG groups refute ICCT emissions claims
Yesterday’s high profile report into the climate implications of using LNG as a marine fuel produced by the International Council…
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