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UK’s largest offshore trade union, Unite, is holding an industrial action ballot for Altrad workers on EnQuest-operated Magnus and Thistle Alpha platforms. The pay dispute is based on Altrad Employment Services’ reneging on a 4% wage increase, which is due to approximately 50 workers on the platforms, effective January 1, under the Offshore Energy Services …
https://splash247.com/altrad-workers-on-enquest-platforms-to-be-balloted-on-strike-action/
https://splash247.com/altrad-workers-on-enquest-platforms-to-be-balloted-on-strike-action/Semisub rig owner Dolphin Drilling has signed a letter of intent with an undisclosed client for one of its rigs. According to the company, the letter of intent was signed for the 1977-built Borgland Dolphin. If the LOI is turned into a firm contract, it is expected to have a value of approximately $58m. The …
https://splash247.com/dolphin-drilling-lines-up-drilling-contract/
https://splash247.com/dolphin-drilling-lines-up-drilling-contract/Oman will build an integrated green ship recycling facility in the north of the country. The new facility – a joint venture between the state and a Jordanian company – will be able to dismantle more than 70 ships annually. Other countries in the Middle East are looking at establishing ship recycling yards. Earlier this …
https://splash247.com/oman-to-build-green-ship-recycling-yard/
https://splash247.com/oman-to-build-green-ship-recycling-yard/The wet secondhand market has picked up pace this week with a string of VLCC deals. Malaysia’s MISC, via its tanker arm AET, has offloaded two Universal-built tankers – the 2007-built Bunga Kasturi Lima (300,246 dwt) and the 2008-built Bunga Kasturi Enam (299,319 dwt) – to Chinese interests for approximately $88m en bloc. One unit …
https://splash247.com/vlcc-sales-tick-over/
https://splash247.com/vlcc-sales-tick-over/Chinese bulker owner Fujian Highton Development has continued its fleet expansion, grabbing a pair of multipurpose general cargo vessels in the secondhand market. The fast-growing company revealed in a stock exchange that two of its subsidiaries had struck deals with German owner Braren Roerd for the 2011 Huanghai Shipbuilding-built Pacific Hero and Pacific Honour at …
https://splash247.com/fujian-highton-picks-up-mpp-brace-from-braren-roerd/
https://splash247.com/fujian-highton-picks-up-mpp-brace-from-braren-roerd/The US Treasury Department has imposed fresh sanctions on a shipping network accused of moving Iranian oil under the cover of Iraqi origin. Washington said the group, led by Iraqi–St. Kitts & Nevis businessman Waleed Khaled Hameed al-Samarra’i and based in the UAE, blended Iranian barrels with Iraqi crude and sold them as if they …
https://splash247.com/us-cracks-down-on-tanker-network-smuggling-iranian-oil/
https://splash247.com/us-cracks-down-on-tanker-network-smuggling-iranian-oil/The penny has finally well and truly dropped on the whole spend to save in shipping debate with the industry more willing to shell out for tech than it was in the past, according to Ben Palmer, the president of sat comms giant Inmarsat Maritime. “We’re seeing a shift from ‘if’ to ‘how,’” Palmer tells …
https://splash247.com/inmarsat-maritime-digital-infrastructure-isnt-optional-its-foundational/
https://splash247.com/inmarsat-maritime-digital-infrastructure-isnt-optional-its-foundational/Two years on from quitting ship owning with the sale of its chemical tanker fleet to Mitsui OSK Lines, New York’s Fairfield-Maxwell is returning to the business of shipping, opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing. The new company – Fairfield Maritime Japan – will focus …
https://splash247.com/fairfield-maxwell-relaunches-in-japan/
https://splash247.com/fairfield-maxwell-relaunches-in-japan/Russia has secured agreement to build a colossal natural gas pipeline through Siberia and Mongolia to feed China’s insatiable demand, a deal that threatens to redraw the global energy map — and sideline a chunk of seaborne LNG trade in the process. Dubbed Power of Siberia 2, the Gazprom pipeline will have a capacity of …
Höegh Autoliners has named its sixth Aurora-Class vessel in commercial operation at Sweden’s leading port and the largest in the Nordic region.The vessel was sponsored by Jenny Westermark, Senior Vice President, GTO Production Logistics at Volvo Group…
https://www.marinelink.com/news/sixth-auroraclass-vessel-joins-hegh-529543
https://www.marinelink.com/news/sixth-auroraclass-vessel-joins-hegh-529543