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Oslo-listed Subsea 7 has landed a contract worth between $50m and $150m with Talos Energy for the Sunspear development in the Gulf of Mexico. The project in Green Canyon Block 78 involves the subsea tieback of one production well at Sunspear to the Prince platform, 12 km to the north. Under the contract, Subsea 7 …
https://splash247.com/subsea-7-lands-gulf-of-mexico-contract/
https://splash247.com/subsea-7-lands-gulf-of-mexico-contract/The Kuok Maritime Group-led Coastal Sustainability Alliance (CSA) has announced the start of construction of the first fully electric PXO tug and supply boat by PaxOcean Group. These zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in Singapore’s coastal waters. They are targeted for deployment in 2025, ahead …
https://splash247.com/paxocean-to-build-first-electric-vessels-for-kuok-led-alliance/
https://splash247.com/paxocean-to-build-first-electric-vessels-for-kuok-led-alliance/Chinese bulker operator Jinhui Shipping and Transportation is expanding its fleet with its first long-term charter-in deal this year. The Oslo- and Hong Kong-listed company, better known for its secondhand sale and purchase activities, has contracted the 2016-built ultramax named Pacific Lilly for at least 22 months from the Singapore-based unit of Chinese enterprise Zhejiang …
https://splash247.com/jinhui-turns-to-charter-market-in-latest-fleet-boost/
https://splash247.com/jinhui-turns-to-charter-market-in-latest-fleet-boost/Partners CY Shipping and BigLift Shipping have increased their fleet of heavylift vessels to six vessels, by adding two ships at Jing Jiang Nanyang Shipbuilding in China. The first vessel, owned by CY Shipping, will be delivered in Q4 2025 and the second vessel, owned by BigLift Shipping, in Q2 2026. The 180 m long …
https://splash247.com/cy-shipping-and-biglift-shipping-order-two-ships-in-china/
https://splash247.com/cy-shipping-and-biglift-shipping-order-two-ships-in-china/With less than two months to go until the latest edition of the world’s most famous shipping show, Posidonia organisers have been keen to highlight how Greek shipyards are coming back as a force. Posidonia is taking place in Athens from June 3 to 7 with Greece’s revitalised shipyards set to be prominently represented. The …
https://splash247.com/greek-shipyard-renaissance-on-show-at-posidonia/
https://splash247.com/greek-shipyard-renaissance-on-show-at-posidonia/The National Development and Reform Commission (NDRC) in Beijing has unveiled a domestic coal production reserve system that will commence from 2027. The system would ensure an emergency 300m tons of annual coal production could be dispatched across the nation when needed from 2030. Three years ago at a time when the country was hit …
https://splash247.com/beijing-unveils-coal-reserves-plan/
https://splash247.com/beijing-unveils-coal-reserves-plan/Cargo insurer WK Webster is reporting that general average looks to have been declared by the owners of the wrecked Dali containership which destroyed Baltimore’s largest bridge and crippled the city’s port operations last month. General average means all parties involved with the cargo will have to share in the cost of the salvage operations. …
https://splash247.com/insurance-pay-outs-from-baltimore-bridge-disaster-in-the-spotlight/
https://splash247.com/insurance-pay-outs-from-baltimore-bridge-disaster-in-the-spotlight/On 11 March, MV Svenja discharged her cargo of nine modules, marking the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrading Project in Iraq for JGC Corporation.The Alliance dedicated two vessels to the project: the Jumbo Kinetic with her two 1…
https://www.marinelink.com/news/jsi-alliance-completes-scope-work-basrah-512915
https://www.marinelink.com/news/jsi-alliance-completes-scope-work-basrah-5129152024 marks 50 years of ship design work for Kongsberg Maritime. From setting the benchmark that set the standard for offshore supply vessels in the 1970s, to advanced anchor handlers that transformed the oil and gas industry, and a growing reference list in fishery and merchant ships…
https://www.marinelink.com/news/kongsberg-maritime-celebrates-years-ship-512916
https://www.marinelink.com/news/kongsberg-maritime-celebrates-years-ship-512916Semisub rig owner Dolphin Drilling has raised NOK432m ($40m) via a private placement of some 72m shares. The company said in Oslo filing the net proceeds would be used to secure adequate runway towards having three out of the four rigs back in operation as well as to provide contingency related to uncertainty about the …
https://splash247.com/dolphin-drilling-agrees-40m-private-placement/
https://splash247.com/dolphin-drilling-agrees-40m-private-placement/