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Italian giant Eni has signed an agreement to enter into a period of exclusivity with BlackRock’s Global Infrastructure Partners (GIP) regarding the sale of a 49.99% stake in its carbon capture business. During the exclusivity period, GIP will progress the confirmatory due diligence phase and complete the drafting of the documents related to the acquisition …
https://splash247.com/eni-selling-nearly-half-of-its-carbon-capture-business-to-blackrocks-gip/
https://splash247.com/eni-selling-nearly-half-of-its-carbon-capture-business-to-blackrocks-gip/UK shipbroking group SSY has revealed that it would be further expanding its offshore offering with the launch of a dedicated rig business later this year. Nicholas Wagner-Larsen, an experienced offshore and rig broker, will join SSY in September to head up the new rig division. He is an offshore specialist who has spent his …
https://splash247.com/ssy-to-launch-offshore-drilling-rig-business/
https://splash247.com/ssy-to-launch-offshore-drilling-rig-business/Greek containership owner Euroseas is set to lock in a strong return by selling a 20-year-old post-panamax vessel acquired less than four years ago. The Nasdaq-listed company has offloaded the 2005 Koyo Dock-built 6,350 teu Marcos V to an undisclosed, unaffiliated buyer for $50m. Euroseas originally bought the ship in November 2021 from Japanese owner …
https://splash247.com/euroseas-cashes-in-on-20-year-old-post-panamax-boxship/
https://splash247.com/euroseas-cashes-in-on-20-year-old-post-panamax-boxship/ASUKA III, said to be the largest Japanese-flagged cruise ship, has completed its first marine LNG bunkering by FueLNG Private at Singapore Cruise Centre.The bunkering milestone also marks Shell LNG's first supply to an LNG-powered cruise ship in the region…
https://www.marinelink.com/news/largest-japanese-cruise-ship-completes-526273
https://www.marinelink.com/news/largest-japanese-cruise-ship-completes-526273Gibraltar-based ship repair and conversion yard Gibdock has completed the repair and renewal of TechnipFMC's Deep Blue, a deepwaer pipelay and subsea construction vessel.TechnipFMC relocated Deep Blue from the U.S. Gulf for the works, also redeploying…
https://www.marinelink.com/news/gibdock-wraps-refurbishment-technipfmcs-526274
https://www.marinelink.com/news/gibdock-wraps-refurbishment-technipfmcs-526274Portuguese engineering and construction company Mota-Engil has, through its subsidiary, won two contracts with Brazilian state-owned giant Petrobras. The company’s Brazilian subsidiary, Empresa Constructora do Brasil, won a deal worth 1.56bn reais ($274m) for an estimated term of 60 months, comprising recovery and final removal services of 420 km of flexible lines at the Marlim, …
https://splash247.com/petrobras-awards-offshore-work-worth-over-500m-to-mota-engil/
https://splash247.com/petrobras-awards-offshore-work-worth-over-500m-to-mota-engil/Two workers have died from their injuries sustained in a fire on Chevron’s oil platform off Angola on May 20, bringing the total body count to three. The fire broke out in the basement of the Benguela Belize Lobito Tomboco (BBLT) oil platform, while the platform was undergoing scheduled maintenance. The cause of the fire …
https://splash247.com/chevron-platform-fire-body-count-rises-to-three/
https://splash247.com/chevron-platform-fire-body-count-rises-to-three/Pierre Aury explains why sanctioning Russia is not delivering results. In January 2023, just after the European Union enacted its ninth sanctions package against Russia, we wrote: “This clearly confirms the fact that sanctions tend not to work to disrupt military operations.” After nine packages of sanctions, there was no sign of these sanctions having …
https://splash247.com/sanctions-still-dont-work/
https://splash247.com/sanctions-still-dont-work/Tailwind Shipping Lines, the containerline founded during the pandemic by the parent of German retailer Lidl, is expanding its footprint by debuting an intra-Asia service, in the process shifting its Asian hub from Colombo to Port Klang. Starting June 17, the Tiger Express Service (TEX) will cast off from Chattogram in Bangladesh every two weeks …
https://splash247.com/lidls-tailwind-debuts-intra-asia-service/
https://splash247.com/lidls-tailwind-debuts-intra-asia-service/China’s Jiangsu Ocean Shipping (JOSCO) has bolstered its containership orderbook with up to 10 newbuilds contracted at two compatriot shipyards. The shipping arm of Jiangsu Port Group has confirmed orders at Jiangsu Soho Chuangke Shipbuilding for up to four 3,000 teu vessels and revealed a fresh deal for up to six more 1,900 teu newbuilds …
https://splash247.com/jiangsu-ocean-shipping-ups-boxship-newbuild-series/
https://splash247.com/jiangsu-ocean-shipping-ups-boxship-newbuild-series/