Splash has obtained the contentious draft text regarding how shipping will pay for its green transition, with news that a flat levy is very much off the agenda at the International Maritime Organization. A draft legal text on a package of regulations for the implementation of the International...
https://splash247.com/contentious-late-night-imo-meeting-ends-in-stalemate/
Supply chain planners are busy booking shipments from non-Chinese destinations into the US today following last night’s tariff surrender by Donald Trump, the American president. Trump announced a 90-day pause for countries hit by higher US tariffs amid financial turmoil and a weakening dollar in...
https://splash247.com/tariffs-on-china-set-to-dramatically-alter-us-trade-flows/
Nigerian owner Temile Development Company has contracted South Korea’s shipbuilder HD Hyundai Heavy Industries for up to two very large gas carriers (VLGCs). The deal covers one firm and one optional 88,000 cu m LPG dual-fuel powered newbuild worth around $250m in total. The first unit is set to be...
https://splash247.com/nigerias-temile-development-signs-for-south-korean-vlgc-newbuilds/
Saudi oil and gas driller ADES has won an extension for three of its offshore jackup rigs operating in Egypt. The company said that the extensions were awarded by Egypt-based General Petroleum Company and cover the Admarine III and Admarine VI, which have been extended for a firm one-year period...
https://splash247.com/ades-wins-three-rig-180m-deal-in-egypt/
Marinetraffic / Vladimir Knyaz Lime Petroleum, una subsidiaria de Rex International, con sede en Singapur, ha contratado una plataforma de sacudidas propiedad de Borr para trabajar en Benin. El jugador de petróleo y gas firmó un acuerdo con una subsidiaria de perforación de Borr para el ERGE...
https://fullavantenews.com/borr-drilling-jackup-obtiene-un-contrato-de-120-dias-en-benin/?lang=es
James Mnyupe, presidential economic advisor and head of the Namibian Green Hydrogen Program and Cynthia Kariuki from the Africa Green Hydrogen Alliance Coordination Office, give Splash readers the African take from this week’s crucial green talks at the London headquarters of the International...
https://splash247.com/why-we-need-a-global-levy-on-international-shipping/
Lime Petroleum, a subsidiary of Singapore-based Rex International, has hired a Borr Drilling-owned jackup rig for work off Benin. The oil and gas player signed a deal with a Borr Drilling subsidiary for the Gerd jackup, which will be used to work for 120 days. The rig will work on the Sèmè field...
https://splash247.com/borr-drilling-jackup-scores-120-day-contract-in-benin/
Member states of the International Maritime Organization (IMO) will discuss a carbon price on international shipping–the world’s first global pricing of emissions on any sector–at the 83rd session of the Marine Environment Protection Committee (MEPC 83) meeting in London this week. However, there...
https://splash247.com/universal-carbon-levy-unlikely-at-this-weeks-imo-green-gathering/
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has firmed up a deal with Sonangol for a pair of suezmax tanker newbuildings. The shipbuilding intermediate holding company of HD Hyundai said in a filing the Angola state-controlled oil company is paying $176m to see the 157,000 dwt duo...
https://splash247.com/hd-ksoe-confirms-angolan-suezmax-orders/
New York-listed offshore driller Valaris has won a new contract in Africa for one of its drillships. Valaris said in a statement that its Valaris DS-10 drillship was awarded a two-year contract offshore West Africa. The new deal with the undisclosed client is expected to begin in the second or...
https://splash247.com/valaris-adds-352m-to-backlog-with-new-drillship-deal/