Stena 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/
...See moreFamily-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/
...See moreTorgeir 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/
...See moreLi 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/
...See moreSales 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/
...See moreShares 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/
...See moreSeafarer 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/
...See moreThe Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits. “Current forecasts indicate that steady rainfall will arrive in late April and continue for a few months. If this remains the case, …
The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US west coast rates are understood to be in the $1,40 to $1,500 per feu range, up from $1,200 per feu to $1,300 per feu last year. These agreements compare to current spot rates above $3,000 …
https://splash247.com/transpacific-container-contracts-substantially-below-initial-asking-rates/
...See moreMariApps Marine Solutions has signed an agreement to enhance the digitalization of Intership Navigation's fleet of 100 vessels.By utilizing MariApps’ digital solutions suite, smartPAL, Intership hopes to offer its customers, ship owners and…
https://www.marinelink.com/news/mariapps-intership-navigation-sign-512852
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