Merchant shipping is at the sharp end of the escalating crisis in and around Ukraine, which risks dragging more combatants into the war with Russia. NATO said Wednesday it was stepping up surveillance of the Black Sea region as Russia bombards port facilities and grain export infrastructure, including along the Danube where a Romanian-flagged ship […]
Energy logistics firm Peterson has secured a contract from Apache North Sea. The contract, which commenced this month following a 12-week transition period, will see Peterson deliver quayside, receipt and dispatch, and fuel services from its bases in Aberdeen and Edzell. Peterson said it will recruit around 50 staff to support the contract. “A high […]
The Swedish government has turned down its utility Vattenfall to build a wind farm at Stora Middelgrund on Sweden’s west coast. The country’s Ministry for Climate and Enterprise said that the proposed project posed an unacceptable risk to sensitive natural values. Minister Romina Pourmokhtari also indicated that the potential negative impact on national interests in […]
Indonesia’s Pertamina International Shipping (PIS) has agreed charters for four of its LPG carriers. PIS said that it chartered out its Gas Walio, Gas Widuri, Gas Arjuna, and Gas Ambalat LPG carriers via its PIS Middle East subsidiary to three companies. Namely, the Gas Arjuna and Gas Ambalat vessels were chartered by SHV Gas Supply […]
Eyal Ofer-controlled Zodiac Maritime has commissioned Fukuoka Shipbuilding in Japan to build four stainless steel chemical tankers. The J19 units, contracted recently in the high $30m each, will start delivering from the middle of 2024. The newbuildings have been designed with an optimised hull and energy-saving devices such as pre-swirl stator fins and surf-bulb on […]
With 280 days to go until the inaugural Geneva Dry conference, due to take place at the Hotel President Wilson on May 2 and 3 next year, organisers report massive take up in terms of delegates and sponsors. The event, which aims to become the world’s single annual global dry bulk gathering linking every rung […]
The Dutch coastguard is trying to cool down the car carrier which has been on fire for over 24 hours. Around midnight on July 25, the Dutch coastguard received a report that a major fire broke out on the Shoei Kisen-owned car carrier. The vessel, chartered by Kawasaki Kisen Kaisha (K Line), was located some […]
An upsurge in freight rates and demand has seen product tanker orders in the first half of this year already surpass last year’s total newbuild contracting, reaching 8.9m dwt by June, according to shipowning body BIMCO. Following a period of extremely strong vessel earnings and asset valuations, an unwinding of the support that created the […]
The runners and riders lining up to bid for control of HMM, South Korea’s flagship carrier, are growing. State-backed entities announced they would sell their majority shareholding in HMM last week with interested parties given until August 21 to lodge a bid. Splash has already reported on two conglomerates with shipowning subsidiaries keen to take […]
Taipei-based International Ocean Group (IOG), has taken full ownership of offshore wind farm services firm CWind Taiwan, its joint venture with Global Marine Group’s CWind established in 2018. The move allows for better integration of CWind Taiwan into IOG’s portfolio, which also includes IOVTEC, Taiwan International Windpower Training Corporation (TIWTC), Fugro IOVTEC, and IOG Shipyard, […]
