January 18th, 20190North P&I has become the first UK P&I Club to confirm post-Brexit trading arrangements. Its subsidiary in Ireland, North of England P&I DAC, has received authorisation as a non-life insurance business from the Central Bank of Ireland (CBI).
The move will allow North to continue its European operations after the expected...
January 18th, 20192In need of some weekend reading? Well then, marine claims investigator Angus McKinnon is back in the third installment of Nick Elliott’s thriller series.
Black Reef sees our hero get tangled up in his most high wire, explosive plot to date. When a ship’s captain is found hanged in his cabin, McKinnon is dispatched to work out if...
January 17th, 20190Subsea 7 has finalised the acquisition of 2009-built multi-purpose offshore construction and dive support vessel .
Subsea 7 will rename the vessel Seven Pegasus, which will primarily be used to support Subsea 7’s operations in the North Sea and Asia Pacific.
John Evans, chief operating officer of Subsea 7, commented: “This...
January 15th, 20190Offshore driller Ensco has increased its offer to Rowan Companies shareholders as it looks to finalise a $12bn agreement to combine the two companies in an all-stock transaction.
Ensco has increased the exchange ratio for the combination to 2,600 Ensco shares for every Rowan share, up 17.4% on the initial deal which had been approved...
January 15th, 20190London-based shipbroking house Simpson Spence Young has announced the appointment of Kevin Wise, former president and CEO of Mjølner Shipping, as head of its US tankers division.
Wise will be based in Long Island, New York, and start the new role on January 21. He will report to Rupert Lawson, managing director of the company's...
January 11th, 20190Commodity trader Noble Group, fresh from completing its restructuring last month, has placed four post-panamax bulkers up for sale.
The Cosco Dalian quartet Ocean Garnet (2010), Ocean Ruby (2010), Ocean Sapphire (2012), and Ocean Topaz (2013) are being circulated by brokers.
All four vessels are currently headed for South Korea...
January 10th, 20190Dutch shortsea specialist Thor Shipping is investing £6m ($7.67m) in the British port of Hull.
The 10-year deal with UK port operator ABP will see a new crane come to the east coast port to the 10-acre dock space leased by Thor.
Thor has trebled volumes shipped out of Hull since 2014 on regular services connecting the port with...
January 9th, 20190TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract by BP for the Atlantis Phase 3 project.
TechnipFMC will manufacture, deliver and install subsea equipment including subsea tree systems, manifolds, flowline, umbilicals and subsea tree jumpers, pipeline end terminations,...
January 7th, 20191Aberdeen-headquartered offshore support vessel operator Sentinel Marine is adding three emergency response and rescue vessels (ERRV) to its fleet, forking out around £36m ($45.85m) for the vessels.
Cromarty Sentinel, Trafalgar Sentinel and Viking Sentinel will be built at a shipyard in China with deliveries scheduled for the end of...
January 3rd, 20190UK-headquartered offshore driller Ensco has been awarded a series of new contracts and extensions according to the company's latest fleet status report.
The company's drillship Ensco DS-10 was awarded a one-year contract extention by Shell offshore Nigeria that will keep the rig under contract through March 2020, with a further four...
