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Norwegian seismic player Shearwater GeoServices is putting its newly installed electric ROV systems into commercial service for the first time on a seven-week ocean bottom node campaign in the North Sea. The Bergen-based company said the work will be carried out by the SW Tasman, deploying its proprietary Pearl nodes with the upgraded ROV spread, …
https://splash247.com/shearwater-upgrades-obn-arsenal-with-electric-rov-debut/
https://splash247.com/shearwater-upgrades-obn-arsenal-with-electric-rov-debut/SLB OneSubsea has landed a controls umbilical contract from Azule Energy for the West Hub Tails project offshore Angola, adding another subsea package to the redevelopment that will shift production from the ageing Ngoma FPSO to the new Agogo unit. The SLB-controlled subsea specialist will design and deliver additional controls umbilicals needed to redirect output …
https://splash247.com/onesubsea-joins-azules-west-hub-tails-contractor-line-up/
https://splash247.com/onesubsea-joins-azules-west-hub-tails-contractor-line-up/Indonesia’s Buana Lintas Lautan (BULL) has added another vintage MR tanker. The tanker owner has added the 20-year-old Lady of Doria, a 46,000 dwt MR2 built at Naikai Zosen Setoda, marking its fourth MR purchase in as many months, all in a similar age bracket. The acquisition takes BULL’s fleet to 13 ships as the …
https://splash247.com/bull-continues-bargain-hunt-in-ageing-tanker-market/
https://splash247.com/bull-continues-bargain-hunt-in-ageing-tanker-market/HMM has signed a long-term iron ore transportation contract with Brazilian mining giant Vale worth approximately KRW4.7trn ($3.4bn), further strengthening the Korean carrier’s push into stable long-duration dry bulk business. The agreement will run for 25 years per vessel, with transportation commencing in 2030. It is HMM’s third major long-term contract with Vale, following two …
https://splash247.com/hmm-locks-in-3-4bn-vale-iron-ore-contract/
https://splash247.com/hmm-locks-in-3-4bn-vale-iron-ore-contract/Hapag-Lloyd and Israeli private equity firm FIMI are reworking their $4.2bn takeover of ZIM in an attempt to overcome fierce political opposition and secure Israeli government approval. The German liner giant said it has held several rounds of talks with Israel’s economy, finance and defence ministries and will submit an improved proposal by the end …
https://splash247.com/hapag-lloyd-reshapes-zim-bid-to-secure-israeli-approval/
https://splash247.com/hapag-lloyd-reshapes-zim-bid-to-secure-israeli-approval/Ilya Espino de Marotta has become the first woman to take charge of the Panama Canal, inheriting an institution once again facing its most persistent modern-day enemy: water. The 65-year-old engineer formally took office on Monday for a seven-year term after more than four decades at the canal, where she has worked across engineering, operations …
https://splash247.com/water-tops-daunting-in-tray-for-panama-canals-first-female-administrator/
https://splash247.com/water-tops-daunting-in-tray-for-panama-canals-first-female-administrator/Shipping’s technology agenda is still being shaped too much by vendors and developers rather than the people who actually have to use the systems, according to Subhangshu Dutt, CEO of Singaporean shipowner OM Maritime. Ahead of Splash Singapore on September 24, Dutt, one of a number of shipowners sponsoring the event, says he wants to …
Shipping has never been famous for opening its wallet on a promise. Digital technology is no exception. Fuel remains the easiest return to prove, but the industry’s real technology dividend increasingly lies in avoided downtime, reduced administration, stronger compliance, better decisions and assets that simply perform better. The latest installment from our brand new SplashTech …
https://splash247.com/the-digital-roi-conundrum-in-shipping/
https://splash247.com/the-digital-roi-conundrum-in-shipping/The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell by 1.4% to 3,575 points on Monday, snapping a three-day advance but staying near its highest levels since October 2021. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, slumped by 2.2% to 6,286 ...
https://www.hellenicshippingnews.com/baltic-dry-index-breaks-3-day-advance/
https://www.hellenicshippingnews.com/baltic-dry-index-breaks-3-day-advance/Swire Shipping is to fully integrate its specialist project and heavy lift business, Swire Projects, into the main Swire Shipping brand from November, while also investing further in the multipurpose fleet supporting the operation. The Singapore-headquartered company has agreed to acquire four of the six multipurpose heavylift vessels currently operated by Swire Projects under lease …
https://splash247.com/swire-shipping-folds-project-cargo-arm-into-main-brand/
https://splash247.com/swire-shipping-folds-project-cargo-arm-into-main-brand/