January 13th, 2020 Jason Jiang Europe, Greater China, Offshore 0 comments COSL, the oil and gas service unit of CNOOC, has settled a rig contract termination dispute with Equinor. Equinor, formerly known as Statoil, terminated the contract for semi-submersible drilling rig COSL Innovator in 2016 following a fatal accident on board the rig in December […]
January 10th, 2020 Sam Chambers Environment, Europe, Regulatory 0 comments Shipping got plenty of insight into its potential zero-carbon future yesterday at an event organised by the UK Chamber of Shipping featuring lobbyists, politicians, shipowners, green tech experts and NGOs. UK maritime minister Nusrat Ghani (pictured) opened the special decarbonising maritime event, telling delegates how […]
January 10th, 2020 Sam Chambers Dry Cargo 0 comments Guinea Shipping Corporation (GSC) is set to kickstart operations in the next month, Splash can exclusively reveal, providing a new export arm for the increasingly important dry bulk destination in West Africa. GSC was created 10 years ago, but remained dormant ever since. Starting today, it […]
January 10th, 2020 Splash 24/7 Europe, Maritime CEO, Middle East 0 comments With tanker rates sky high there has been little cut back in traffic along the Strait of Hormuz this past week (see tweet below) despite the sudden rise in tensions between Iran and the US. However, for John Thompson and his team at […]
January 10th, 2020 Sam Chambers Environment, Operations 1 comments Eight more companies have agreed this week not to ship goods through the Arctic Ocean and signed the Arctic Corporate Shipping Pledge launched by Ocean Conservancy and Nike in October 2019. The new signatories include Ralph Lauren, Kuehne + Nagel, Puma, International Direct Packaging, Allbirds, Aritzia, […]
January 10th, 2020 Grant Rowles Europe, Gas 0 comments Exmar Group, the gas arm of the Saverys’ empire, has announced a new management lineup and corporate structure. Francis Mottrie comes in to fill the role of deputy CEO from Exmar subsidiary Bexco, a producer of synthetic ropes. Mottrie has over 20 years in the maritime […]
January 10th, 2020 Sam Chambers Asia, Dry Cargo, Greater China 0 comments China’s mighty Baowu Steel Group appears to have surpassed ArcelorMittal as the world’s largest steel producer. Baowu’s chairman in a new year’s address told employees the group managed to produce 96m tons of crude steel last year, up 40% on 2018 after it […]
January 10th, 2020 Sam Chambers Dry Cargo 0 comments Brokers Braemar ACM have run the numbers for the dry bulk sector this year, highlighting the enormous volume of larger bulker newbuilds set to hit the waters this year. In the report, entitled The Big Picture: The year ahead – 8 things to look out for, […]
January 10th, 2020 Jason Jiang Asia, Gas, Shipyards 0 comments South Korean owner KSS Line has placed an order at Hyundai Heavy Industries (HHI) for the construction of another VLGC, adding to its existing order of three VLGCs at the yard. The latest 84,000 cu m gas carrier, fitted with scrubbers, is scheduled for delivery […]
January 10th, 2020 Jason Jiang Europe, Offshore 0 comments Norwegian offshore service provider NorSea has appointed Terje Borkenhagen as the new CEO of NorSea Wind. According to the company, NorSea Wind is experiencing an increase in maintenance work for offshore wind parks already part of the company’s portfolio. In addition, NorSea Wind is currently in […]
