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The US Bureau of Ocean Energy Management (BOEM) has cancelled its proposed offshore wind lease sale in the Gulf of Mexico, citing lack of interest from developers. In March, BOEM offered about 1,660 sq km in four wind energy areas off the US Gulf states of Louisiana and Texas, with potential for around 5 GW …
https://splash247.com/us-calls-off-gulf-of-mexico-offshore-wind-lease-sale/
https://splash247.com/us-calls-off-gulf-of-mexico-offshore-wind-lease-sale/Drilling and engineering contractor KCA Deutag has been acquired by US driller Helmerich & Payne (H&P) for around $1.972bn. The deal will increase H&P’s Middle East rig count to 88 from 12, making the combined company one of the largest rig providers in the region. The transaction, which will be funded with cash on hand …
https://splash247.com/kca-deutag-acquired-by-helmerich-payne-in-2bn-deal/
https://splash247.com/kca-deutag-acquired-by-helmerich-payne-in-2bn-deal/Tor Olav Trøim-backed jackup rig player Borr Drilling has picked up new contracts worth $332m for three of its units. The fixtures involving the rigs Arabia I, Gunnlod and Norve cover a total commitment of 1,779 days. The Oslo and New York-listed offshore driller said the Arabia I, which had its contract suspended earlier this …
https://splash247.com/borr-drilling-scores-332m-jackup-hat-trick/
https://splash247.com/borr-drilling-scores-332m-jackup-hat-trick/Eight years after entering shipowning, Fomento Group has sold half of its four strong fleet. In May, it offloaded the 2016-built Fomento One newcastlemax to Greek owner Evangelos Marinakis for $55.9m, a ship the Indian miner had ordered at Daehan Shipbuilding in South Korea a decade ago. A second newcastlemax from the same yard is …
https://splash247.com/goa-based-fomento-group-cuts-shipowning-arm-in-two/
https://splash247.com/goa-based-fomento-group-cuts-shipowning-arm-in-two/Dubai-based Lila Global has expanded its fleet with a large secondhand heavylift multipurpose vessel, which it says will further boost its capacity and versatility. The shipowning arm of Anil Sharma’s cash-buying giant Global Marketing Systems (GMS) has welcomed the 2003-built Lila Mombasa after picking it up at action for $7.5m. The Dalian New Yard-built 30,300 …
https://splash247.com/lila-global-adds-second-mpp/
https://splash247.com/lila-global-adds-second-mpp/Korean owners have been raiding the secondhand market for modern tonnage this summer. A few weeks ago, HMM was reported to have made its seventh acquisition in two months, purchasing the four-year-old, 82,000 dwt dry bulk carrier BW Kobe for $37m. Now, another big name in local shipowning circles, Pan Ocean, is on the move. Pan Ocean, …
https://splash247.com/pan-ocean-in-bulker-buildup/
https://splash247.com/pan-ocean-in-bulker-buildup/The Panama-flagged general cargo vessel, Ultra Galaxy, beached on its side in a remote area of South Africa’s west coast since early July, broke apart into four sections over the weekend in stormy conditions with the South African Maritime Safety Authority (SAMSA) reporting an oil spill. Some 125 people from local communities have been enlisted …
https://splash247.com/grounded-vessel-breaks-apart-off-south-africa/
https://splash247.com/grounded-vessel-breaks-apart-off-south-africa/Greece’s Diana Shipping has secured a new $167.3m loan from Nordea to refinance its existing commitments with the Nordic bank. The New York-listed shipowner said the proceeds of the new loan, secured by 10 vessels, have been utilised to refinance two loans maturing in October 2027 and June 2028 secured by 12 bulkers. “This strategic …
https://splash247.com/diana-fixes-167m-refinancing/
https://splash247.com/diana-fixes-167m-refinancing/In the same area of the Philippines authorities are having to contend with oil spills as a second tanker sank on Saturday evening, just two days after another ship went down. The Philippine Coast Guard (PCG) reported over the weekend that they discovered leaks on the sunken tanker Jason Bradley. The small, 39 m long …
https://splash247.com/second-ship-sinks-in-same-area-of-the-philippines-in-the-space-of-two-days/
https://splash247.com/second-ship-sinks-in-same-area-of-the-philippines-in-the-space-of-two-days/Havana residents watched from shore on Saturday as Russian warships arrived for the second time in as many months, in a visit that Cuba called routine.Cuban authorities fired shots into the air to signal their welcome, while curious fishermen…
https://www.marinelink.com/news/russian-warships-routine-visit-cuba-515500
https://www.marinelink.com/news/russian-warships-routine-visit-cuba-515500