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Shipowner and shipping fund manager Pelagic Partners announced it has teamed up with asset management firm Borealis Maritime to invest in a pair of platform supply vessels (PSV).Built in 2021, the 89-meter Aurora Coey – formerly Viking Coey…
https://www.marinelink.com/news/pelagic-partners-teams-borealis-maritime-512859
https://www.marinelink.com/news/pelagic-partners-teams-borealis-maritime-512859Enterprise Products Partners said on Tuesday it had received a deepwater port license for its Sea Port Oil Terminal (SPOT) in the Gulf of Mexico from an agency of the U.S. Department of Transportation.The project, located near Freeport, Texas…
https://www.marinelink.com/news/enterprise-products-gets-port-license-512865
https://www.marinelink.com/news/enterprise-products-gets-port-license-512865The commander of Iran's Revolutionary Guard's navy said on Tuesday Israel's presence in the United Arab Emirates was viewed as a threat by Tehran and it could close the Strait of Hormuz if deemed necessary.Iran has threatened to retaliate for…
https://www.marinelink.com/news/iran-says-close-strait-hormuz-512866
https://www.marinelink.com/news/iran-says-close-strait-hormuz-512866Stena Drilling, the Aberdeen-based business of Sweden’s Stena, has signed a contract for up to two wells offshore Morocco. London-listed Energean has booked the 2009-built drillship Stena Forth, following the farm-in to Chariot’s acreage offshore the North African country. The sixth-generation dual-activity harsh environment rig, which has been working for Shell in the Egyptian sector …
https://splash247.com/stena-drilling-scores-drillship-contract-in-morocco/
https://splash247.com/stena-drilling-scores-drillship-contract-in-morocco/Family-owned investment company Havila Holding has taken full ownership of Norwegian vessel owner and operator Volstad Maritime after buying the rest of the stocks it did not own. Havila Holding has been the majority owner of Volstad Maritime through Sæviking AS. The company saw the acquisition of the remaining shares as having potential for future …
https://splash247.com/havila-takes-full-control-of-volstad-maritime/
https://splash247.com/havila-takes-full-control-of-volstad-maritime/Torgeir Willumsen, resident partner at Simonsen Vogt Wiig in Singapore and founder of Assentiri, establishes the unique peculiarities of shipping that make the digital transition so tricky. In an era where digital transformation has revolutionised many industries such as banking and real estate, the maritime sector stands as a notable exception. Like an old man …
https://splash247.com/three-reasons-why-shipping-transactions-have-not-yet-been-digitalised/
https://splash247.com/three-reasons-why-shipping-transactions-have-not-yet-been-digitalised/Li Yibo, the former chairman of Guangzhou port, has been placed in custody by anti-graft authorities, with Chinese finanacial newswire Caixin reporting the port operator is investigating construction projects carried out during Li’s tenure. Li was detained at the start of this month. On April 3, Shanghai-listed Guangzhou Port said Li had resigned for “personal …
https://splash247.com/ex-head-of-guangzhou-port-under-investigation/
https://splash247.com/ex-head-of-guangzhou-port-under-investigation/Sales in dry bulk are easing in line with the cooling of the Baltic Dry Index, which has dropped by around one-third since mid-March. However, in one segment – the handy one – prices continue to stay firm. Japanese heavyweight Orix Corp is reportedly cashing in, selling the 37,100 dwt, Saiki-built Susanoo Harmony for $29.5m, …
https://splash247.com/handy-bulker-prices-remain-firm/
https://splash247.com/handy-bulker-prices-remain-firm/Shares in Hafnia, the world’s largest product tanker company, commenced trading on the New York Stock Exchange (NYSE) yesterday, to go alongside an existing listing in Oslo for the BW-controlled company. Shares closed in New York down 45 cents on Hafnia’s opening day to end Tuesday on $7.47. “Listing on the NYSE opens new possibilities …
https://splash247.com/hafnia-shares-start-trading-in-new-york/
https://splash247.com/hafnia-shares-start-trading-in-new-york/Seafarer charity Stella Maris is warning that Ukrainian seafarers are experiencing increased levels of loneliness and depression amid fears of conscription if they return home as the war enters its third year. Stella Maris regional port chaplains in the UK for Southampton and Southern ports, Charles Stuart and Gregory Hogan, who make multiple daily ship …
https://splash247.com/levels-of-depression-and-anxiety-increase-among-ukrainian-seafarers/
https://splash247.com/levels-of-depression-and-anxiety-increase-among-ukrainian-seafarers/