Offshore drilling giant Transocean has secured more work for its drillships in the US Gulf of Mexico and Angola. The New York-listed contractor revealed in its latest fleet status report that an undisclosed client in the US Gulf had extended the contract for the Deepwater Invictus into July this year. The 2014-built drillship was fixed …
https://splash247.com/transocean-picks-up-extensions-for-drillship-pair/
...See moreBelgian marine contractor DEME has been awarded two contracts by cable solutions provider Prysmian for the engineering and installation works on two offshore grid systems in the Netherlands. The contract for the work on the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems is the most extensive cabling award in DEME’s history. Prysmian won …
https://splash247.com/deme-wins-cable-installation-work-for-two-dutch-offshore-grid-systems/
...See moreGermany’s HGK Shipping, one of the top inland shipping names, has revealed plans to build a new type of liquified ammonia and carbon dioxide (LCO2) carrier for Europe’s waterways. Part of Häfen und Güterverkehr Köln, the company that owns and operates around 350 inland vessels, said it has developed a concept that will enable it …
LR2s have been the strongest performing asset class in tankers in 2024 so far with a year-to-date average of $68,000 a day and a rate bracket ranging from $40,000 a day to $100,000 a day, according to new analysis from Jefferies, an investment bank. This compares to the $40,000 a day average seen during the …
https://splash247.com/lr2s-are-star-performers-in-the-tanker-sector-this-year/
...See moreIn two weeks’ today Geneva Dry, dry bulk’s annual get-together, will start with an entire afternoon dedicated to all things digital. AXSMarine, one of the big beasts in maritime tech, is sending a sizeable delegation to Geneva, aware, but not overly concerned about the growing number of vendors in domains it has operated in since …
https://splash247.com/geneva-dry-dialogues-axsmarine/
...See moreThe Biden administration has reimposed oil sanctions on Venezuela, hitting out at President Nicolás Maduro for failing to follow a greater democratic path for the South American nation. American companies with investments in Venezuela have 45 days to wind down operations. Last October, Washington issued a six-month general licence for transactions involving Venezuela’s oil and …
https://splash247.com/venezuela-sanctions-return/
...See moreThe US presidential elections this year have a strong anti-China current with both candidates vowing to get tough with Beijing. Speaking in Pittsburgh to a steelmaking union yesterday, President Joe Biden announced plans to triple the tariff rate on steel and aluminum imports from China while the US Trade Representative has also launched an investigation …
https://splash247.com/us-probes-chinese-shipbuilding-pricing/
...See moreThe World Shipping Council (WSC) has appointed Joe Kramek as its new President and CEO, to succeed John Butler upon his retirement at the end of July.Kramek brings a wealth of experience and expertise to his new role, from both the maritime sector and government service.
https://www.marinelink.com/news/wsc-appoints-joe-kramek-new-president-ceo-513053
...See moreThis week at Singapore Maritime Week, the U.S. Department of Energy (DOE) is advancing ambitious decarbonization targets for the maritime transportation sector, both domestically and internationally.DOE is teaming with over 15 government and…
https://www.marinelink.com/news/us-department-energy-advances-513054
...See moreMeyer Turku has outlined some of the highlights of its environmental policy developments, noting that it has used only certified carbon neutral electricity since 2018. Starting from 2023, also all district heating used the shipyard has been…
https://www.marinelink.com/news/meyer-turku-highlights-environmental-513055
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