June 19th, 20190MSC Mediterranean Shipping Co is once again at the centre of a huge cocaine bust at the Port of Philadelphia. Authorities yesterday revealed they had found 16.5 tonnes of cocaine on the 9,962 teu , which was raided on Monday morning when it docked at the US east coast port, having come from Colombia. The street value of the haul was...
June 18th, 20190Seadrill Partners has secured a one-well contract with Kosmos Energy Gulf for 2011-built semi-submersible rig in the US Gulf of Mexico. The contract is scheduled to commence in the fourth quarter of 2019 and is worth around $10m. West Capricorn has just come off a long-term contract with BP in the Gulf of Mexico....
June 17th, 20192Scrubber pushback has taken a new path with news from America where Hudson Shipping Lines has vowed not to use any scrubber-fitted vessels come the start of the global sulphur cap on January 1 next year. Hudson is part of the SeaTrade Transport International (STI) group of companies. It tends to have around 70 chartered-in bulk...
June 13th, 20190Scott Bergeron, former head of the Liberian Registry, has joined German dry bulk owner Oldendorff Carriers as director of business development and strategy. Bergeron left the Liberian Registry in March, and will remain in the United States based in Washington DC working closely with Oldendorff's offices in Connecticut and Lubeck,...
June 13th, 20190C-Innovation, an affiliate of Edison Chouest Offshore, has secured a contract from BP to perform riserless light well intervention (RLWI) in the Gulf of Mexico. The offshore works, which include both mechanical and hydraulic acid stimulation, will be executed by offshore construction and light well intervention vessels Island Venture...
June 11th, 20190Oceaneering International has secured a contract to perform the first-ever deepwater autonomous underwater vehicle (AUV) survey in Mexican waters. The geophysical survey will be performed for BHP at its Triton development. Oceaneering will use the offshore vessel , equipped with their OS-VI AUV and light geotechnical...
June 5th, 20190During the Nor-Shipping exhibition yesterday class society ABS launched a guide on how shipping might meet its decarbonisation goals for 2030 and 2050. The detailed 69-page report is designed to give clients the chance to evaluate potential pathways to low carbon shipping. Key findings from the report include ABS’s feeling that 2030...
June 3rd, 20190Tidewater Marine, the American offshore vessel giant, has had a clear out of comparatively youthful tonnage. Across multiple broking reports, the youngest vessels sent for scrap in the past week have all belonged to Tidewater. Four anchor handlers - Big Joe Tide, Du Moulin Tide, Menendez Tide and Mahnka Tide - have all been sent for...
May 31st, 20190John Fredriksen’s Flex LNG will proceed with a direct listing on the New York Stock Exchange (NYSE) next month, having been scrutinised and given the all clear by the US Securities and Exchange Commission (SEC). The company’s shares will be traded on both the NYSE and the Oslo Stock Exchange under the ticker FLNG. “With the...
May 31st, 20190Herbjørn Hansson’s Nordic American Tankers (NAT) has entered into a new contract with Norwegian energy giant Equinor for 2011-built suezmax . The contract will commence on expiration for the vessel’s current spot employment, and is for a period of 12 to 15 months. NAT says the contract is valued at somewhere between $9m and...
