March 2nd, 20200Dutch seismic and subsea services firm Fugro has decided not to proceed with a €500m ($552.7m) offering of senior secured notes, citing adverse market conditions. Fugro announced the fundraiser on February 21, and planned to use proceeds (along with proceeds from recent divestments) to repay a €575m revolving credit facility and...
March 2nd, 20200Vroon Offshore Services has been awarded a three-year contract extension with BP for four emergency response and rescue vessels. The contract, worth around £30m ($38.5m), will see Vroon continue to provide four vessels to support BP’s North Sea and West of Shetland assets until 2023. VOS Discovery, VOS Fairness, VOS Innovator and...
February 27th, 20200Dutch owner Triton Navigation has had more success offloading tonnage, selling its sixth ship in eight months. Shortly after shaking hands with Hong Kong dry bulk owner Taylor Maritime, selling the 2011-built Mitsui supramax Nord Fuji, a new sale has emerged. This week brokers tell Splash that Triton has let go of the 61,300 dwt...
February 18th, 20200Shipping has been given a glimpse of a new wind-assisted future with the first ship travelling kitted out with eConowind’s Ventifoils in the Netherlands. The , a 3,600 dwt general cargo vessel, belonging to Jan van Dam Shipping has been retrofitted with the the wind rotors at Royal Niestern Sander shipyard and is now operating in...
February 11th, 20200Dutch subsea and seismic specialist Fugro has been awarded a contract for geotechnical and geophysical survey services by Aker Energy at the Pecan field, offshore Ghana. The surveys will obtain information to facilitate the planning and emplacement of the Pecan subsea infrastructure and the FPSO. Jaco Stemmet, Fugro’s director...
February 7th, 20200Port operator APM Terminals has presented its plans for the development of a deepwater port at Poti to the government of Georgia. The plans require an investment of over $250m of private capital for the first phase of development. The Poti Sea Port is a major seaport off the eastern Black Sea coast at the mouth of the Rioni River...
February 6th, 20200On the back of successful biofuel trials onboard the 18,000 teu from Rotterdam to Shanghai last year, the Danish carrier has launched a new product called ECO Delivery, while six of the Netherlands’ largest conglomerates have committed to use the emerging fuel more often and are demanding carriers become more transparent with their...
January 29th, 20200Dutch subsea and seismic specialist Fugro has been awarded a geotechnical contract by KrisEnergy for the Apsara oil field in Block A, offshore Cambodia. The Apsara field lies over the Khmer Basin in the Gulf of Thailand and Fugro will carry out a geotechnical investigation to support the design and installation phases of the Apsara...
January 28th, 20200A heartland for Dutch shipowning is set to be revitalised with a €250m injection of funds into the NesecShipping Debt Fund. Institutional investors and the Province of Groningen will offer financing for Dutch shipowners through the fund, supplemental to existing credit capacity from banks, targeting owners who are planning to...
January 28th, 20200Dutch owner Vroon Offshore Services has been awarded a charter for 2010-built platform support vessel by Eni in the UK. The vessel has been fixed for 31 months, and will support a decommissioning campaign in the southern sector of the North Sea. Further options are also available to Eni. VOS Prelude recently completed a separate...
