Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Oslo-listed very large gas carrier (VLGC) specialist Avance Gas has extended the variable time charter for one of its vessels. Avance Gas said that the charter for the 2015-VLGC Chinook which was supposed to expire in July 2024 would be extended by one year. According to the company, the end of the extended deal with …
https://splash247.com/avance-gas-extends-vlgc-deal-by-one-year/
https://splash247.com/avance-gas-extends-vlgc-deal-by-one-year/So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according…
https://www.marinelink.com/news/escalated-middle-east-conflict-hike-oil-513501
https://www.marinelink.com/news/escalated-middle-east-conflict-hike-oil-513501Swiss marine power company WinGD has secured an order for its X‑DF‑A ammonia-fueled engines for what will be the world’s first ammonia dual-fuel Aframax tankers.Two vessels ordered by Singapore based ship owner and operator AET, a petroleum arm of Malaysia’s MISC Group…
https://www.marinelink.com/news/wingd-supply-engines-aets-ammoniafueled-513504
https://www.marinelink.com/news/wingd-supply-engines-aets-ammoniafueled-513504Malaysia-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
https://www.marinelink.com/news/sapura-energy-lands-b-petrobras-deal-six-513506Germany 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
https://www.marinelink.com/news/german-warships-head-indopacific-amid-513507Marine 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
https://www.marinelink.com/news/last-six-new-tugs-delivered-svitzer-513508A 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
https://www.marinelink.com/news/valaris-jackup-using-ai-man-overboard-513509New 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/
https://splash247.com/noble-gets-extension-for-uk-jackup/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/
https://splash247.com/sohmen-pao-to-spin-off-oil-and-gas-business/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/
https://splash247.com/vintage-capes-find-new-owners/