January 31st, 2020 Sam Chambers Europe, Offshore, Tech 0 comments UK marine engineering consultancy London Offshore Consultants (LOC) Group has been hacked by a group known as Maze. The company, with more than 400 employees, saw its computers frozen on December 30 with hackers then demanding a ransom to unlock them. The hackers claimed that […]
January 31st, 2020 Sam Chambers Asia, Bunkering, Containers, Dry Cargo, Gas, Offshore, Tankers 0 comments Japan’s largest shipping company by fleet size and revenues, Mitsui OSK Lines (MOL), has announced a restructuring today. Effective April 1, the start of the Japanese financial year, MOL is creating new senior roles, including a chief environment and sustainability […]
January 31st, 2020 Sam Chambers Asia, Operations 0 comments India’s Directorate-General of Shipping has declared a one-off amnesty scheme for 3,762 seafarers it has found obtained fake certificates from five training institutes without completing the necessary training. The news was described in the Hindu Business Line newspaper as “the biggest fake certificate scam yet” in […]
January 31st, 2020 Sam Chambers Environment, Europe, Finance and Insurance 0 comments State-run Bpifrance, through its subsidiary Bpifrance Assurance Export, the French export credit agency, has become the first credit insurer to sign the Poseidon Principles, the green ship finance initiative launched last year. The principles commit their signatories to align the climate impact of […]
January 31st, 2020 Splash 24/7 Contributions, Dry Cargo 0 comments David Flanagan, an analyst at Infospectrum, writes for Splash today on risk management. The most troublesome challenges facing risk management professionals can relate to market trends or changes that count against a counterparty, regardless of how well-established, or how professional, the counterparty is in its […]
January 31st, 2020 Grant Rowles Americas, Europe, Offshore 0 comments Skandi Vitoria, the Brazilian built (2010) pipelay support vessel owned by a joint venture between DOF Subsea and TechnipFMC, has been awarded a contract with TechnipFMC. The contract commenced in January, and is for a two-year period with additional options. The vessel has been laid […]
January 31st, 2020 Grant Rowles Americas, Asia, Offshore 0 comments Japan’s Modec has signed a sale and purchase agreement with Equinor Brasil Energia to supply the FPSO vessel for the Bacalhau field offshore Brazil. Modec was awarded a pre-FEED contract in 2018 and has now been selected as the turnkey contractor. The FEED and pre-investment […]
January 30th, 2020 Grant Rowles Americas, Europe, Offshore 0 comments Subsea 7 and Schlumberger’s OneSubsea, via the Subsea Integration Alliance, has been awarded a contract by Equinor for the front end engineering design study for its Bacalhau project, offshore Brazil. The Bacalhau field is located 185km off the state of São Paulo, and the contract […]
January 30th, 2020 Sam Chambers Middle East, Tankers 0 comments An out of use VLCC caught fire yesterday 21 nautical miles northwest of Dubai. Splash understands the Zoya 1, which has not traded for the last three years and has seen its crew face appalling conditions onboard, was having its tanks cleaned in preparation for […]
January 30th, 2020 Splash 24/7 Bunkering, Containers, Dry Cargo, Gas, Operations, Tankers 0 comments Launched yesterday for subscribers of Splash Extra, our team of journalists has combed through the the hundreds of shipping analyst reports published this month to pick out the best predictions. Fuel costs All eyes in shipping this month have been tracking […]
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