October 15th, 20195One of shipping’s greatest chroniclers passed away on Sunday. Jonathan Ignarski, known to friends and thousands of readers by his middle name, Sam, died suddenly, aged 64. Ignarski led the shipping press into the 21st century, even though this was not his original profession. With the creation in 1999 of Bow Wave, a weekly e-zine...
October 15th, 20190TechnipFMC has been awarded a major contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam. The scope of the contract covers engineering and installation of 118km of rigid pipeline as well as the fabrication of...
October 8th, 20190UK-based Anglo International Shipping has snapped up the 98,000 dwt (built 2012) for $20m, broking sources tell Splash. The ship was purchased from its close Japanese friend Kambara Kisen, who it bought a one year older sister ship from in August 2018 for a million more. If the latest deal is confirmed, Anglo International...
October 8th, 20191An eight-year massive ship insurance fraud case came to a close yesterday with the High Court in London ruling that the suezmax was not the victim of a pirate attack, but was intentionally damaged by the ship’s owner, Marios Iliopoulos. The ship’s Greek owner and its creditor Piraeus Bank had said the tanker was hit by Somali...
October 7th, 20191Bob Sanguinetti, CEO of the UK Chamber of Shipping, writes exclusively for Splash today. As more protests hit the streets of London this week, attention again turns to how we will tackle climate change. We have seen some real leadership from the UK government in the last few years and British expertise has been at the forefront of...
October 7th, 20190Subsea 7 has been awarded a contract by Shell for the Pierce depressurisation project, offshore Aberdeen. The scope involved the engineering, procurement, construction, transportation and installation of a 30km gas export pipeline, a gas export riser and associated subsea infrastructure, for tie-ins at the Haewene Brim...
October 2nd, 20190Offshore driller Valaris, formerly EnscoRowan, has won a slew of new contracts and extensions over the past five weeks valued at around $245m in total. Drillship Valaris DS-4 has been awarded a one-well contract with Amni offshore Ghana, estimated at around 50 days with commencement due March 2020. As reported yesterday by Splash,...
October 2nd, 20190A British energy infrastructure firm has bought Northern Irish shipyard Harland and Wolff for $7.3m, staving off closure of the famous brand that built the Titanic. London-based InfraStrata is expected to conclude its takeover the insolvent yard by the end of this year. The facility has focused on energy-related projects rather than...
October 1st, 20190Neptune Energy and joint venture partners BP and JAPEX have awarded Valaris, formerly EnscoRowan, a contract for jackup drilling rig for the Seagull development oil project in the UK North Sea. The drilling campaign is scheduled to commence in the third quarter of 2020, and is for four firm wells with an estimated duration of 18...
September 25th, 20190London-based containership owner Global Ship Lease (GSL) has commenced a $40m public offering of its Class A common shares. The company says the proceeds of the offering will be used for general corporate purposes, including the acquisition of containerships or prepayment of debt. Last week, GSL agreed a new syndicated $268m credit...
