Euronav and Frontline have come to a deal in the long-simmering battle for control of one of the jewels in the European tanker crown. Two years after John Fredriksen-controlled Frontline first initiated a bidding war for Antwerp-based Euronav the deal on the table sees Frontline walking away with...
Swiss-based commodity trading giant Gunvor has formed a joint venture with Norwegian gas shipowner to own and operate five LPG carrier newbuilds designed for onboard carbon capture. The JV has placed an order at South Korea’s Hyundai Heavy Industries with deliveries scheduled from September 2026 to...
https://splash247.com/gunvor-and-solvang-link-up-for-five-carbon-capture-ready-vlgc-newbuilds/
Energy giant BP has chosen Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas will start GTA offshore pipelay works in early December 2023 using the world’s largest construction vessel...
https://splash247.com/allseas-pioneering-spirit-gets-pipelay-work-on-bps-gta-gas-project/
In what may be the most bullish meet-up of owners, yards and suppliers for more than a decade at Hamburg’s giant SMM exhibition next year, a new survey suggests shipowners are more willing to place orders for new ships than at any time for many years – the problem they face is finding an available …
https://splash247.com/bullish-tone-for-next-years-smm-hamburg/
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This week, we’re shining the spotlight on another Rising Star: Seagull Surveillance. The increasing concerns about illegal activities and security threats in harbours and waterways have led to a … |
https://maritime-professionals.com/seagull-group-a-rising-star-at-europort-2023/
Integrated Wind Solutions (IWS) has entered into a time charter contract at market terms with Greece-based offshore contractor Asso.subsea. The contract will begin in the fourth quarter of 2024 or the first quarter of 2025 and have a duration of up to eight months. The charter contract is related...
https://splash247.com/integrated-wind-solutions-inks-csov-charter-with-asso-subsea/
Carisbrooke Shipping has made an order for a Labrax 7,280 dwt diesel-electric multipurpose dry cargo vessel from Thecla Bodewes Shipyards. Thecla Bodewes Shipyards said in a statement that the construction of the dry cargo vessel was a significant investment by Carisbrooke in the renewal of its...
https://splash247.com/carisbrooke-shipping-orders-7280-dwt-bulker-from-thecla-bodewes/
Another 12 international merchant vessels are gearing up to enter Ukraine’s new shipping corridor, even though new intelligence from London has warned of the threat of Russia laying mines to deter the fledging trade lane. In the middle of July Russia pulled out of the Black Sea Grain Initiative, a...
https://splash247.com/mine-threat-as-more-ships-gear-up-to-enter-ukraines-new-shipping-corridor/
Norway’s $1.3trn Government Pension Fund has terminated the observation of Hyundai Glovis after the South Korean shipowner introduced a new policy for the disposal of decommissioned vessels. Norges Bank took note of a recommendation by the Fund’s Council of Ethics and published its decision to...
https://splash247.com/hyundai-glovis-no-longer-under-vessel-decommissioning-spyglass/
Heidmar has terminated the merger with Home Plate Acquisition Corporation, a US-based special purpose acquisition company led by Dan Ciporin and Jonathan Rosenzweig. In conjunction with the termination of the business combination agreement, each of the ancillary documents has also been terminated...
https://splash247.com/heidmar-pulls-plug-on-us-listing-plan-and-merger/