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Let’s stop treating warning signs at sea as just part of the job, writes Ronald Spithout, managing director of OneHealth by VIKAND. As the festive season approaches, many people look forward to rest, celebration and time with family and friends. However, for many seafarers, this period is spent miles away from home, often working long …
https://splash247.com/burnout-wave-hits-crews-worldwide/
https://splash247.com/burnout-wave-hits-crews-worldwide/South Korea’s Hanwha Group has secured approval to lift its stake in Austal to 19.9%, becoming the Australian defence shipbuilder’s largest shareholder in a move expected to reshape naval-industry cooperation between Seoul, Canberra and Washington. Australia’s treasurer Jim Chalmers confirmed the decision on Thursday, following a review by the Foreign Investment Review Board. It follows …
https://splash247.com/hanwha-becomes-austals-largest-shareholder/
https://splash247.com/hanwha-becomes-austals-largest-shareholder/Greek owner Element Shipmanagement has moved into the popular handysize segment, reshaping its once pure-play container strategy. The Piraeus-based outfit made its first move outside containers since its humble start in 2012, picking up the 35,000 dwt Union Groove from fellow Greek owner Union Commercial for $13.6m. The ship is now renamed LM Demeter. Element …
https://splash247.com/element-shipmanagement-enters-dry/
https://splash247.com/element-shipmanagement-enters-dry/US forces seized the VLCC Skipper off Venezuela as the battle between Washington and Caracas intensified with the Trump administration suggesting other vessels could be hijacked, too. China’s state-run shipping COSCO, the world’s largest shipowner, placed a massive order for 87 newbuildings worth more than $7bn with yards under China State Shipbuilding Corp (CSSC), sealing …
https://splash247.com/splash-wrap-raids-record-orders-and-rewired-trade/
https://splash247.com/splash-wrap-raids-record-orders-and-rewired-trade/Two of Japan’s biggest shipping lines — Nippon Yusen Kaisha (NYK) and Mitsui OSK Lines (MOL) — have agreed to pay £54m ($72.25m) to settle the long-running UK collective action over the car carrier cartel, drawing a line under a saga that stretches back a quarter of a century. The proposed settlement, announced in London …
https://splash247.com/nyk-and-mol-agree-72m-payout-in-uk-car-carrier-cartel-case/
https://splash247.com/nyk-and-mol-agree-72m-payout-in-uk-car-carrier-cartel-case/Washington is gearing up for a wave of tanker seizures off Venezuela as the Trump administration revives and escalates sanctions enforcement against the country’s oil trade. A day after announcing the dramatic capture of a stateless VLCC (pictured) carrying sanctioned Venezuelan crude, the US treasury on Thursday sanctioned six additional VLCCs and their operating companies …
https://splash247.com/us-identifies-dozens-of-tankers-for-possible-seizure/
https://splash247.com/us-identifies-dozens-of-tankers-for-possible-seizure/The Maritime Anti-Corruption Network (MACN) has launched a three-year initiative aimed at tightening integrity standards across maritime supply chains in Indonesia, Malaysia and Germany. The programme—“Transparent Trade Routes: Strengthening Integrity in Maritime Supply Chains”—is backed by funding from the Siemens Integrity Initiative. MACN said the new project builds on more than six years of cooperation …
https://splash247.com/new-anti-corruption-campaign-rolls-out-across-asian-and-european-hubs/
https://splash247.com/new-anti-corruption-campaign-rolls-out-across-asian-and-european-hubs/Northern Ocean has secured more work for its semisubmersible rig with the signing of a contract with a Shell subsidiary for the Deepsea Mira, which will start drilling offshore Namibia in April 2026. The deal covers one firm exploration well with an option for a second. The firm slot is expected to run for around …
https://splash247.com/shell-books-northern-ocean-rig-for-namibia-campaign/
https://splash247.com/shell-books-northern-ocean-rig-for-namibia-campaign/DeepOcean has strengthened its long-standing ties with Equinor after securing an extension to its subsea inspection, maintenance and repair (IMR) frame agreement. The renewal will keep the ocean services provider busy through 2026 and into 2027, using specialised IMR vessels and a wide suite of subsea capabilities. The contract covers offshore IMR work as well …
https://splash247.com/deepocean-secures-extended-imr-deal-with-equinor/
https://splash247.com/deepocean-secures-extended-imr-deal-with-equinor/Saudi Arabia’s Zamil Offshore Services Company (ZOSCO) has taken a decisive step into the Norwegian offshore market with the acquisition of Remøy Shipping for an undisclosed sum.T The deal, which also includes Rem Stadt and RS Crewing, secures the future of Remøy Shipping after more than a century under family ownership. Founded in 1899, the …
https://splash247.com/zamil-offshore-takes-over-remoy-shipping/
https://splash247.com/zamil-offshore-takes-over-remoy-shipping/