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Offshore drilling giant Transocean has secured two extensions and one new contract for three of its rigs. According to information provided in the company’s fleet status report, an undisclosed client exercised two one-well options in Australia for the 2015-built semisub Transocean Equinox. The rig is currently working in Australia on a $485,000 dayrate. The fixed …
https://splash247.com/transocean-bags-100m-worth-of-deals-for-three-rigs/
https://splash247.com/transocean-bags-100m-worth-of-deals-for-three-rigs/Yemeni opposition forces working with the American military have seized the largest cargo of Iranian advanced conventional weapons bound for the Houthis. In total, more than 750 tons of Iranian munitions and hardware including hundreds of advanced cruise, anti-ship, and anti-aircraft missiles, warheads and seekers, components as well as hundreds of drone engines, air defence …
https://splash247.com/iranian-weapons-bound-for-the-houthis-intercepted/
https://splash247.com/iranian-weapons-bound-for-the-houthis-intercepted/A Connecticut-based shipmanager has pleaded guilty to criminal charges after deliberately discharging more than 10,000 gallons of oily bilge water into US waters near New Orleans, in violation of federal pollution laws. Eagle Ship Management, headquartered in Stamford, admitted to illegally pumping the waste from the Gannet Bulker without using pollution prevention equipment and to …
The port of Eilat,Israel’s only maritime gateway on the Red Sea, is set to shut down operations this Sunday after the Eilat municipality seized its bank accounts over unpaid municipal taxes, according to Globes, a leading Israeli business journal. Once a key gateway for Israel’s vehicle imports and strategic military operations, the Red Sea port …
https://splash247.com/israels-eilat-port-faces-shutdown-amid-tax-dispute-and-war-driven-collapse/
https://splash247.com/israels-eilat-port-faces-shutdown-amid-tax-dispute-and-war-driven-collapse/London-listed Taylor Maritime has confirmed the sale of ten more vessels, bringing in gross proceeds of $176.3m. The Ed Buttery-led bulker owner said that three of the sales have closed, with the other seven expected to wrap up before year-end. Taylor Maritime also completed nine previously disclosed vessel sales, which raised $137.3m in gross proceeds. …
https://splash247.com/taylor-maritime-banks-176m-from-ten-more-vessel-sales/
https://splash247.com/taylor-maritime-banks-176m-from-ten-more-vessel-sales/Chennai-based Sanmar Group has taken its first step into the VLCC segment, acquiring the 321,000 dwt Maran Canopus from Greece’s Angelicoussis Shipping Group in a deal valued by brokers as between $48m and $50m. The 2007-built Daewoo Shipbuilding tanker has been renamed Sanmar Herald. This milestone reflects Sanmar’s steady fleet expansion strategy. A few years …
https://splash247.com/indias-sanmar-group-enters-vlcc-market-with-50m-angelicoussis-purchase/
https://splash247.com/indias-sanmar-group-enters-vlcc-market-with-50m-angelicoussis-purchase/Steven Jones, the founder of the Seafarers Happiness Index, reports on disturbing deaths at sea figures tallied by the International Labour Organization. A groundbreaking new report on fatalities onboard ships has revealed that illness and disease are the leading killers of seafarers worldwide. The first standardised global data collection on seafarer deaths, conducted for fatalities …
https://splash247.com/the-disease-of-seafaring/
https://splash247.com/the-disease-of-seafaring/New figures released this week by the International Transport Workers’ Federation (ITF) reveal yet another disturbing surge in the abandonment of seafarers worldwide. Over 2,280 seafarers have been abandoned aboard 222 vessels so far this year – with $13.1m in unpaid wages and a 30% year-on-year increase in cases. By comparison, at this point in …
https://splash247.com/abandoned-seafarer-crisis-hits-new-high/
https://splash247.com/abandoned-seafarer-crisis-hits-new-high/A contraction in Chinese shipbuilding orders has been registered in the first half of 2025, with Beijing’s once unassailable dominance increasingly under pressure from geopolitical tensions and a softening global market. According to new data from BIMCO, China’s share of newbuilding contracts dropped from 72% to 52% in the last six months — a plunge …
https://splash247.com/ustr-threat-hits-chinese-shipyards-as-global-orders-slump/
https://splash247.com/ustr-threat-hits-chinese-shipyards-as-global-orders-slump/ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…
https://www.marinelink.com/news/abs-flowra-advance-offshore-wind-528041
https://www.marinelink.com/news/abs-flowra-advance-offshore-wind-528041