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Energy Holdings, a company created through a merger of Marine seismic player SeaBird Exploration and Singapore’s tender drilling rig specialist Energy Drilling, has lined up its first deal. The company said in a filing that Energy Drilling has secured a letter of intent with an undisclosed client for a multi-year offshore drilling contract, which is …
https://splash247.com/energy-holdings-lines-up-drilling-contract/
https://splash247.com/energy-holdings-lines-up-drilling-contract/UAE-based Adnoc Drilling has landed a $1.15bn jackup rig contract from state-owned Abu Dhabi National Oil Company (ADNOC). The deal will see the ADX-listed largest national drilling company in the Middle East by rig fleet size provide two rigs to ADNOC Offshore for 15 years. The contract is part of ADNOC Offshore’s ongoing efforts to …
https://splash247.com/adnoc-drilling-clinches-1-15bn-jackup-rigs-deal/
https://splash247.com/adnoc-drilling-clinches-1-15bn-jackup-rigs-deal/How hybrid connectivity unlocks the future of maritime operations. By Tristan Wood, founder and CEO of connectivity specialists Livewire Digital. A decade ago, the idea of a crew member’s smartphone on the bridge sparked panic among ship operators worried about data bills, security breaches and social-media distractions. Yet today, Bring Your Own Device (BYOD) has …
https://splash247.com/from-byod-to-byon-and-autonomous-ships/
https://splash247.com/from-byod-to-byon-and-autonomous-ships/China’s Seacon Shipping is growing its dry bulk fleet with a handysize newbuilding project in Japan. The Hong Kong-listed, Qingdao-based owner and operator has contracted a single 40,300 dwt double hull bulker at Imabari Shipbuilding for $35m. The newbuild, which Seacon says will be fuel-efficient and built to meet the latest environmental regulations, is scheduled …
https://splash247.com/seacon-signs-for-japanese-handy-newbuild/
https://splash247.com/seacon-signs-for-japanese-handy-newbuild/The medium range (MR) tanker sale and purchase sector is showing signs of heightened activity. A growing number of Korean-built MR tankers—both older and newer—are being put up for sale, leading to a saturated market of sale candidates. Yet, prices have held surprisingly steady, buoyed by persistent demand for tonnage. Japanese shipping giant Nippon Yusen …
https://splash247.com/mr-tanker-sales-candidates-proliferate/
https://splash247.com/mr-tanker-sales-candidates-proliferate/Mediterranean Shipping Company (MSC), the world’s largest containerline, has embarked on its most aggressive acquisition campaign of the year, snapping up more than 10 panamax and post-panamax vessels in May alone, according to sales registers and shipbrokers. The buying spree, described as the busiest of 2025 so far, includes a mix of chartered vessels MSC …
https://splash247.com/msc-spending-spree-leaps-higher/
https://splash247.com/msc-spending-spree-leaps-higher/A new shipyard in China’s Anhui province has won its first overseas orders. Zongyang Shipyard has clinched a deal with Singapore-based Winning International to build four 12,000 dwt deck cargo carriers. The greenfield site will deliver the ships in 2026 and 2027, according to Clarksons Research. No price has been revealed. Anhui P&S Sealand launched …
https://splash247.com/anhuis-dongfang-shipyard-reemerges-with-new-backers/
https://splash247.com/anhuis-dongfang-shipyard-reemerges-with-new-backers/China United Lines (CUL) is making the most of the boom times suddenly being seen on the transpacific, with news from Linerlytica, a consultancy, that it reenter the tradelane with the launch of its Trans Pacific West Coast 1 (TP1) service calling at Shekou, Ningbo, Qingdao, Long Beach, Shekou from June 7, using up to …
https://splash247.com/china-united-lines-reenters-booming-transpacific-trades/
https://splash247.com/china-united-lines-reenters-booming-transpacific-trades/Today, Wednesday, May 21 2025, the Baltic Dry Index decreased by 03 points, reaching 1337 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1337-down-03-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1337-down-03-points/Today, Thursday, May 22 2025, the Baltic Dry Index climbed by 04 points, reaching 1341 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1341-up-04-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1341-up-04-points/