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Gibraltar-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/Umberto Costa, one of the most famous names in Italian shipbroking, has passed away Costa co-founded Banchero Costa, the Genoa shipbroker, alongside Lorenzo Banchero in 1968, going on to make the company a global broking house. “Umberto’s unwavering dedication, expertise, and profound passion not only shaped our company from its very beginnings but also left …
https://splash247.com/umberto-costa-passes-away/
https://splash247.com/umberto-costa-passes-away/CMB.TECH and Golden Ocean have officially announced a definitive agreement to merge, creating one of the world’s largest listed diversified maritime shipping groups. The all-stock transaction, outlined in a merger agreement signed by both companies, follows the term sheet previously disclosed last month. Under the deal, Golden Ocean will merge with and into CMB.TECH Bermuda, …
https://splash247.com/cmb-tech-and-golden-ocean-press-ahead-with-merger/
https://splash247.com/cmb-tech-and-golden-ocean-press-ahead-with-merger/Donald Trump’s bid to resurrect American shipbuilding faces some stern demographic challenges. The American president has made shipbuilding a central plank of his industrial policies since returning to power in January. However, the maths behind having 250 US-built ships in 10 years’ time look daunting. A new report released by the Open Markets Institute shows …
https://splash247.com/americas-difficult-path-to-resurrect-its-shipyards/
https://splash247.com/americas-difficult-path-to-resurrect-its-shipyards/In the latest twist in the trade war unleashed by Donald Trump, an American federal court has blocked the president’s sweeping tariffs. The Court of International Trade has ruled that the emergency law invoked by the White House does not give the president unilateral authority to impose tariffs on nearly every country. It has also …
https://splash247.com/federal-court-blocks-trumps-tariffs/
https://splash247.com/federal-court-blocks-trumps-tariffs/