Splash247 https://splash247.com Global Maritime and Shipping News Tue, 27 Oct 2020 08:52:50 +0000 en-GB hourly 1 https://splash247.com/wp-content/uploads/2020/05/cropped-Splash-Logos_Blue-high-favicon-32x32.png Splash247 https://splash247.com 32 32 179161673 Shearwater GeoServices awarded extension for Brazilian survey https://splash247.com/shearwater-geoservices-awarded-extension-for-brazilian-survey/ https://splash247.com/shearwater-geoservices-awarded-extension-for-brazilian-survey/#respond Tue, 27 Oct 2020 09:14:03 +0000 https://splash247.com/?p=130392 Offshore survey specialist Shearwater GeoServices has been awarded a five-month contract extension for CGG’s Brazil Nebula multi-client survey. The extension period will commence late in the fourth quarter and will be conducted by research vessel Oceanic Sirius. Shearwater GeoServices is a joint venture between GC Rieber and Rasmussengruppen.

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Shipping stocks hammered as Wall Street tumbles https://splash247.com/shipping-stocks-hammered-as-wall-street-tumbles/ https://splash247.com/shipping-stocks-hammered-as-wall-street-tumbles/#respond Tue, 27 Oct 2020 08:35:27 +0000 https://splash247.com/?p=130385 An overnight drop in US stock markets on coronavirus concerns saw listed shipowners take a battering. The Dow Jones dropped 650 points (2.3%) overnight, while the Nasdaq was down 189 points (1.64%), however most shipping stocks bore the brunt of the sell-off dropping far more than the index average. Biggest losers included Danaos Corporation which …

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Latest seafarer poll paints grim picture of life onboard during the pandemic https://splash247.com/latest-seafarer-poll-paints-grim-picture-of-life-onboard-during-the-pandemic/ https://splash247.com/latest-seafarer-poll-paints-grim-picture-of-life-onboard-during-the-pandemic/#comments Tue, 27 Oct 2020 08:16:34 +0000 https://splash247.com/?p=130382 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 …

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Malaysian workbarge sinks, 121 crew rescued https://splash247.com/malaysian-offshore-maintenance-vessel-sinks-121-crew-rescued/ https://splash247.com/malaysian-offshore-maintenance-vessel-sinks-121-crew-rescued/#respond Tue, 27 Oct 2020 08:00:22 +0000 https://splash247.com/?p=130345 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 …

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Maersk Launceston boxship collides with Greek minesweeper off Piraeus https://splash247.com/maersk-launceston-boxship-collides-with-greek-minesweeper-off-piraeus/ https://splash247.com/maersk-launceston-boxship-collides-with-greek-minesweeper-off-piraeus/#respond Tue, 27 Oct 2020 07:50:24 +0000 https://splash247.com/?p=130394 The 4,533 teu collided with a Greek navy minehunter off Piraeus at 7.30 am local time this morning. While the boxship escaped with minimal damage, the naval vessel tilted severely and is now being tugged to shore. Two people were injured in the accident. The 57 m long Kallisto minesweeper, which had sailed from the …

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NITC targeted in latest US sanctions against Iran https://splash247.com/nitc-targeted-in-latest-us-sanctions-against-iran/ https://splash247.com/nitc-targeted-in-latest-us-sanctions-against-iran/#respond Tue, 27 Oct 2020 07:33:26 +0000 https://splash247.com/?p=130321 The US Treasury Department has imposed sanctions against the Iranian oil sector including the oil ministry, oil minister, and the 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 …

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Tufton Oceanic seals second vessel acquisition this month https://splash247.com/tufton-oceanic-seals-second-vessel-acquisition-this-month/ https://splash247.com/tufton-oceanic-seals-second-vessel-acquisition-this-month/#respond Tue, 27 Oct 2020 06:42:47 +0000 https://splash247.com/?p=130398 UK-based Tufton Oceanic Assets has announced the acquisition of a handysize bulk carrier for $10.6m. The vessel has been chartered to an unnamed maritime transport company for 10 to 13 months.  Tufton bought a pair of product tankers earlier this month, and said its investment manager continues to identify an attractive pipeline of opportunities across …

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Iino Kaiun Kaisha orders a DSME VLGC newbuild https://splash247.com/iino-kaiun-kaisha-orders-a-dsme-vlgc-newbuild/ https://splash247.com/iino-kaiun-kaisha-orders-a-dsme-vlgc-newbuild/#respond Tue, 27 Oct 2020 05:49:28 +0000 https://splash247.com/?p=130379 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, …

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Olympic Shipping offloads VLCC https://splash247.com/olympic-shipping-offloads-vlcc/ https://splash247.com/olympic-shipping-offloads-vlcc/#respond Tue, 27 Oct 2020 05:05:11 +0000 https://splash247.com/?p=130377 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 …

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Kim Heng partners up with Thaitan in the offshore wind sector https://splash247.com/kim-heng-partners-up-with-thaitan-in-the-offshore-wind-sector/ https://splash247.com/kim-heng-partners-up-with-thaitan-in-the-offshore-wind-sector/#respond Tue, 27 Oct 2020 04:21:00 +0000 https://splash247.com/?p=130319 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 …

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