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The UK could lose more than half of its offshore oil and gas jobs by the early 2030s unless urgent and coordinated action is taken immediately, a new report claims. A new report from Robert Gordon University, named Striking the Balance, outlines three offshore energy workforce scenarios (low, mid, and high cases) and a need …
https://splash247.com/uk-could-lose-400-north-sea-jobs-every-two-weeks-university-warns/
https://splash247.com/uk-could-lose-400-north-sea-jobs-every-two-weeks-university-warns/Danish shipping heavyweight Norden is doubling down on its strategy of converting leased tonnage into owned assets—and then reselling them for profit. The Copenhagen-listed company has offloaded two more unnamed MR tankers for an undisclosed sum, continuing a wave of disposals tied to its purchase-option strategy. The ships officially joined its owned fleet in the …
https://splash247.com/norden-cashes-in-on-mr-tankers/
https://splash247.com/norden-cashes-in-on-mr-tankers/South Korean owner Pan Ocean is expanding its tanker orderbook with two VLCC newbuildings. The Harim Group-controlled diversified owner of more than 100 ships said in a stock exchange filing that it would be paying around $127.5m per vessel, although it has not yet disclosed the name of the shipyard. The shipbuilding contracts are expected …
https://splash247.com/pan-ocean-bolsters-tanker-orderbook-with-vlcc-brace/
https://splash247.com/pan-ocean-bolsters-tanker-orderbook-with-vlcc-brace/A flurry of secondhand tanker sales has emerged across various size segments this week, with MR2 units drawing the most buyer interest in the wet trades. Yet, while steady charter rates have supported asset values longer than expected, multiple brokerages now warn that prices—particularly for modern eco-design vessels—are on the verge of cracking. Among the …
https://splash247.com/mr2-tankers-lead-secondhand-sales/
https://splash247.com/mr2-tankers-lead-secondhand-sales/One of the best-known names in American maritime passed away on Sunday. Jim Lawrence, the founder of Marine Money and MTI Network, succumbed to cancer at the age of 70. Lawrence was also the founder of the Connecticut Maritime Association’s annual conference, something that was sold to Informa seven years ago. “Jim was always a …
https://splash247.com/jim-lawrence-passes-away/
https://splash247.com/jim-lawrence-passes-away/It was 30 years ago this summer that Nick Brown walked into the Fenchurch Street offices of Lloyd’s Register as a graduate trainee in a career that has seen him work across Europe, the Middle East, and Asia, before getting the corner office in early 2021. As CEO, Brown has set out to make his …
https://splash247.com/lloyds-register-how-the-business-of-classification-is-evolving/
https://splash247.com/lloyds-register-how-the-business-of-classification-is-evolving/Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said during a briefing that he had not been aware the country has a hurricane season, according to four sources familiar with the situation.The U.S.
https://www.marinelink.com/news/fema-staff-concerned-heads-comments-526415
https://www.marinelink.com/news/fema-staff-concerned-heads-comments-526415An Enhanced Maritime Partnership Agreement has been signed by during French President Macron’s visit to Singapore last week.The agreement covers collaboration in maritime decarbonization, digitalization, cybersecurity, innovation and training…
https://www.marinelink.com/news/singapore-france-partner-biolng-526416
https://www.marinelink.com/news/singapore-france-partner-biolng-526416Greek bulker owner Diana Shipping has entered into a time charter contract with Bohai Ocean Shipping for one of its newcastlemax vessels. The company hired the 2017-built, 208,021 dwt bulker Newport News. The gross charter rate is $25,000 per day, minus a 5% commission paid to third parties, for a period until a minimum of September …
https://splash247.com/diana-shipping-fixes-out-newcastlemax-to-bohai-ocean-shipping/
https://splash247.com/diana-shipping-fixes-out-newcastlemax-to-bohai-ocean-shipping/In the second instalment from Ship Concept 2035, our brand new magazine, Splash identifies where regulators are enforcing change and where they are not. In global shipping, we often talk about regulation as a good thing – and rightly so. Rules are meant to protect the environment, improve safety and support fair labour conditions. The …
https://splash247.com/can-global-legislation-keep-up-with-the-ships-of-the-future/
https://splash247.com/can-global-legislation-keep-up-with-the-ships-of-the-future/