Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to “step back from the brink” yesterday in what Ian Bremmer, a well-known political...
https://splash247.com/shipping-braces-for-israels-response-to-iranian-attacks/
A Liberian-flagged gas carrier ran aground offshore Egypt, prompting a state of emergency over the weekend in anticipation of any leakage or pollution. The incident involving the 14,800 cu m LPG tanker Claudia Gas took place in the Gulf of Aqaba during the Eid holiday. Shipping databases show the...
Saudi oil and gas driller Advanced Energy Services (ADES) has secured a jackup rig contract in Qatar worth up to about $93.3m with French energy major TotalEnergies. The deal covers a firm one-year term in addition to three optional six-month extensions, the company said in a stock exchange filing....
https://splash247.com/ades-scores-jackup-rig-contract-in-qatar/
Iran’s Revolutionary Guard Corps (IRGC) Navy has seized a containership belonging to Israeli billionaire Eyal Ofer’s Zodiac Maritime and operated by Mediterranean Shipping Co (MSC) near the Strait of Hormuz. Iran state news agency IRNA reported on Saturday that the Israeli-linked Portuguese-flagged...
https://splash247.com/iran-seizes-zodiac-and-msc-linked-containership/
The Houthis claimed over the weekend to have widened their area of operations, saying in a televised address they had targeted three merchant ships as well as US frigates, including one attack in the Indian Ocean. Security consultants however have not confirmed the attacks and there is a history of...
https://splash247.com/houthis-claim-to-have-attacked-ship-in-the-indian-ocean/
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]
The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...
After Saudi Aramco already suspended deals with several rig owners, New York-listed offshore driller Valaris announced that its Saudi joint venture received a notice of suspension for one of the jackups contracted to the oil and gas player. Valaris’ Saudi JV, ARO Drilling, has 19 contracted rigs to...
https://splash247.com/aramco-suspends-contract-for-another-jackup-rig/
Dubai-based terminal operator DP World has partnered up with Brazilian railway operator Rumo to build a grain and fertilizer terminal at the Port of Santos in Brazil. The new terminal, estimated to cost about $500m, will handle 9m tonnes of grains and 3.5m tonnes of fertilizers a year. Construction...
Two more offshore drillers have received a contract suspension for jackup rigs in Saudi Arabia. The latest ones are Borr Drilling and Arabian Drilling. Borr Drilling said in an Oslo Bors filing that it received a notice of temporary suspension of operations for its Arabia I working in Saudi Arabia....
https://splash247.com/saudi-aramco-suspends-deals-for-borr-and-arabian-drilling-jackups/
The US is trying a new carrot-and-stick approach in its dealings with the Houthis in Yemen. On the one hand, the US military is claiming its attacks on Houthi installations are working, reducing the group’s capabilities to attack merchant ships in the Red Sea and the Gulf of Aden lately....
https://splash247.com/washington-seeks-new-ways-to-deescalate-red-sea-shipping-crisis/