ShipOracle News
Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support…
https://www.marinelink.com/news/sapura-energy-lands-b-petrobras-deal-six-513506
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ShipOracle News
Germany sent two warships to the Indo-Pacific region on Tuesday in a bid to strengthen its military presence in the region amid rising tensions between China and Taiwan and over the disputed South China Sea.Those tensions were putting pressure…
https://www.marinelink.com/news/german-warships-head-indopacific-amid-513507
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ShipOracle News
Marine towage provider Svitzer announced it has taken delivery of the final tug in a series of six built for its operations in Brazil.Built by Brazilian shipyard Rio Maguari, the new vessel Svitzer Babitonga is an Azimuth Stern Drive (ASD) tugboat from the 2300 Rampart Series…
https://www.marinelink.com/news/last-six-new-tugs-delivered-svitzer-513508
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ShipOracle News
A Valaris jack-up drilling rig is using an AI-enabled intelligent detection and tracking solution to provide automated person overboard detection and alerts, marking the first time the cutting-edge technology has been deployed in the offshore…
https://www.marinelink.com/news/valaris-jackup-using-ai-man-overboard-513509
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ShipOracle News
New York and Copenhagen-listed offshore rig owner Noble Corporation has secured more work with BP for its 2003-built jackup rig Noble Innovator. The UK supermajor has exercised an option to add one well to the work scope of the ultra-harsh environment unit operating in the UK sector of the North Sea. The contract extension kicks …
https://splash247.com/noble-gets-extension-for-uk-jackup/
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ShipOracle News
Singapore maritime conglomerate BW Group is separating its offshore oil and gas company BW Energy from its shipping businesses as part of a corporate restructuring. The Andreas Sohmen-Pao-led Group owns nearly 75% of BW Energy following a mandatory offer to purchase shares from its FPSO specialist BW Offshore. The spinoff will not involve any change …
https://splash247.com/sohmen-pao-to-spin-off-oil-and-gas-business/
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ShipOracle News
In dry, the capesize market stands out with a string of transactions, with vintage capes being the primary target for buyers of secondhand bulker tonnage. Prices are firming as rates are again on the rise. Five capes between 15 and 20 years of age were sold in the last 10 days. Last week saw OceanPal, …
https://splash247.com/vintage-capes-find-new-owners/
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ShipOracle News
A 1979-built livestock carrier has entered the Mediterranean, cruising aimlessly around southern Europe, awaiting new orders having been barred from entering Ireland. The Sarah M was due to arrive at Greenore port on Ireland’s northeast coast on April 30 to collect cattle for export. However, the ship had recently been classed with the Russian Maritime …
https://splash247.com/45-year-old-livestock-carrier-barred-from-entering-ireland/
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ShipOracle News
The International Transport Workers Federation (the ITF) continues to identify shocking cases of crew mistreatment, wage theft, and deplorable conditions aboard ships operating in Australian waters, with the latest example in Mackay Harbour involving the Eleen Sofia, run by Ellen Marine from Bulgaria. The 2008-built supramax is currently under arrest by the Australian Border Force …
https://splash247.com/itf-highlights-bulgarian-ship-of-shame/
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ShipOracle News
A new report by analysts at influential Danish Ship Finance will make for uneasy reading for shipowners and shipbuilders alike, suggesting that seaborne trades will decline through to 2050 and the age-old correlation with global GDP growth is increasingly redundant. “Throughout history, seaborne trade volumes have increased in parallel with global economic growth. This long-standing …
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