Global merchant shipping could be in for a shake-up following the signing of the High Seas Treaty at the United Nations headquarters in New York over the weekend. The historic agreement signed by nearly 200 nations aims to protect the world’s oceans following 10 years of negotiations. The High Seas Treaty aims to place 30% …
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Oklahoma-based NGL Energy Partners has sold its fleet in two separate deals for around $111.6m in cash. The New York-listed diversified midstream master limited partnership, which provided shipping of refined products and crude oil for a diversified group of customers, including major oil refineries on the Gulf Coast, offloaded 13 towboats and 25 tank barges …
https://splash247.com/ngl-energy-partners-offloads-barge-and-towboat-fleet/
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Synergy Group is rolling out new tailor-made personal protective equipment (PPE) to its growing number of female seafarers. The Singapore shipmanager, which employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear which was designed by textile engineers in conjunction with female seafarers and maritime safety experts. The aim is to ensure the …
https://splash247.com/synergy-rolls-out-new-ppe-for-female-crews/
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Abu Dhabi’s AD Ports Group has entered the Uzbekistan logistics sector via a new joint venture with the country’s multisectoral holding company, SEG Enera Group. The ADL-Ulanish jv will provide end-to-end global logistics services across the landlocked Central Asian country, offering freight forwarding, warehousing and storage, customs clearance services, and the development of inland container …
https://splash247.com/ad-ports-forms-uzbek-logistics-joint-venture/
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Philippine authorities said they believe they have found the location of the leaking product tanker Princess Empress that sank off Naujan in Oriental Mindoro last week. The Department of Environment and Natural Resources (DENR) said it “may have detected the possible site where the vessel is actually located”, adding that the site was about 400 …
https://splash247.com/leaking-product-carrier-believed-found-off-philippines/
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Oslo-listed investment firm Hunter Group has joined forces with class society DNV to develop a low-pressure midstream shipping solution for carbon capture and storage. The parties have agreed to work together on a 40,000 to 70,000 cu m liquified CO2 carrier with 20,000 to 30,000 cu m feeder vessels to be operated on the Norwegian …
https://splash247.com/hunter-group-bets-on-co2-shipping/
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Valaris has confirmed three new contracts, including a $500m deal in Brazil for one of its stacked drillships. The New York-listed offshore driller will reactivate the 2015-built drillship Valaris DS-8 (pictured) for a three-year campaign with Petrobras under a $500m contract, which includes a $30m mobilisation fee. The unit is stacked in Las Palmas and …
https://splash247.com/valaris-to-reactivate-drillship-for-500m-contract-with-petrobras/
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Houston, Penn.-based Campbell Transportation Company, Inc. (CTC) on Monday announced it has signed a definitive purchase agreement to acquire the majority of the marine assets owned by NGL Marine, LLC, a subsidiary of Tulsa, Okla.-based NGL Energy Partners LP.This acquisition…
https://www.marinelink.com/news/campbell-acquires-ngls-towboat-barge-503396
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PPG announced the launch of PPG SIGMAGLIDE 2390, a new marine coating it says helps shipowners lower power consumption and carbon emissions and meet demands for higher performance with no adverse impact on the marine environment.The biocide…
https://www.marinelink.com/news/ppg-unveils-new-powersaving-marine-503401
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As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment.As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing…
https://www.marinelink.com/news/us-offshore-wind-pushing-forward-503402
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