January 9th, 20200Offshore driller Transocean has announced several new contracts and extensions in what it says is an improving market. The contracts, made up of five new contracts and five extensions, are worth $352.9m. In the US Gulf of Mexico, drillship Discoverer Inspiration has gone on contract with Talos for 120 days at $210,000 per day while...
December 13th, 20190Mediterranean Shipping Company (MSC) has defended its carbon footprint, having been labelled Europe’s eighth largest polluter in an NGO report earlier this week. MSC issued plenty of data yesterday to show how its growing fleet is actually becoming far more efficient in recent years (see chart below). MSC’s fleet improvement...
December 13th, 20190Offshore driller Transocean has been awarded a one year contract for the deployment of its 2009-built semi-submersible rig off the coast of Trinidad and Tobago. The contract is expected to commence in the second quarter of 2020 and will contribute approximately $91m dollars of contract backlog for the company. Transocean operates...
November 29th, 20190China’s CDB Leasing has acquired 9,400 teu boxship pair MSC Elma (built 2016) and MSC Romane (2017) from HNA Group’s SinoOceanic Shipping. CDB has paid $172.78m for the vessels, which will be leased to Conglomerate Maritime Limited, a Guernsey company that is affiliated with MSC. The lease period is 12 years. MSC’s fleet...
November 27th, 20192Mediterranean Shipping Company (MSC), the world’s second largest containerline , has made its position clear on LNG as a fuel. Unlike its French rival CMA CGM, MSC believes there is not enough infrastructure around the world to support LNG fuelled ships at present. MSC is the largest investor in exhaust scrubbers among all liners...
November 21st, 20190Proman Stena Bulk, the joint venture formed last month by Switzerland’s Proman Shipping and Sweden’s Stena Bulk, has signed contracts with Chinese yard Guangzhou Shipyard International (GSI) to build two 49,900dwt IMOIIMeMAX methanol-ready tankers. The vessels, which are due for delivery in 2022, will have dual-fuel engines and...
November 21st, 20190Greek owner Diana Shipping has agreed an extension with Cargill International for the time charter contract for 2012-built post-panamax bulker . The new charter has commenced this month and is for a period of 11-13 months at a rate of $11,000 per day. Cargill was previously paying $16,000 per day for the vessel. Diana Shipping says...
November 19th, 20190MSC has announced that Soren Toft will join the company as the new chief executive officer of its containers and logistics business, confirming speculation stemming from Toft’s sudden departure from Maersk last week. "MSC is delighted that Mr Toft will be supporting the Aponte family at the helm to ensure that the company...
November 12th, 20190Lugano-based dry bulk specialist Nova Marine Carriers has announced the opening of a new branch office with a dedicated grain desk in Geneva, Switzerland. Vincenzo Romeo, CEO of Nova Marine Carriers, explained to Splash the move, saying: “We have decided to move our freight trader Cedric Lopresti from Lugano in order to have him...
October 18th, 20191Offshore drilling rig operator Transocean has clinched new contracts for a drillship and two semi-submersible rigs. The 1990-built drilling rig Paul B. Loyd. Jr has been awarded a 255 day contract by Hurricane Energy in the UK North Sea, commencing from April 2020. The 2000-built drilling rig Deepwater Nautilus was awarded a 45 day...
