Navigator Holdings has launched a search for a new chief executive after Henry “Harry” Deans stepped down from his position today. He also resigned from the company’s board. Deans was appointed as a member of the board in November 2018 and became CEO in August 2019. During his tenure as CEO, he...
Offshore driller Valaris has unveiled several new short-term contract awards in its latest fleet status update. The company has secured a contract from Eni to carry out plug and abandonment of four wells using the Valaris MS-1 semisub. The contract is expected to commence in November 2021 and last...
https://splash247.com/valaris-clinches-several-short-term-contracts/
Initial reports indicated that the boxship lost 40 containers overboard during stormy weather on October 22. That number has been revised upward to more than 100 boxes. The Canadian Coast Guard said on Wednesday that 109 containers were found by investigators to be missing. The number of missing...
Carlos Giménez, a Republican congressman from Florida, believes Chinese container cranes could put American ports at risk of cyber attacks. He plans to introduce legislation “to try and wean [the US] off these Chinese cranes and other infrastructure needs that may be coming from adversary nations.”...
US contractor Baker Hughes said on Wednesday it would transfer the listing of its common shares and bonds from the New York Stock Exchange (NYSE) to Nasdaq. The Houston-based energy technology player expects to commence trading as a Nasdaq-listed company upon market open on December 7 this year. ...
https://splash247.com/baker-hughes-set-to-move-from-nyse-to-nasdaq/
One of the most complex wreck removals this century has finally been completed. After more than two years, the remains of the car carrier are out of the Saint Simons Sound in Georgia, the largest wreck removal operation in the history of the United States, requiring more than 3m collective...
https://splash247.com/giant-team-completes-largest-wreck-removal-operation-in-us-history/
Norwegian engineering firm Aker Solutions has secured a contract from joint development partners Ørsted and Eversource for the Sunrise Wind offshore wind project in the US. Under the contract, worth more than NOK3bn ($357m), the Oslo-based company will provide the HVDC (high-voltage, direct...
https://splash247.com/aker-solutions-awarded-us-offshore-wind-contract-with-orsted-and-eversource/
The Oregon International Port of Coos Bay on the US Pacific coast has entered into an agreement with Commercial Development Company, Inc. (CDC) to acquire the former Georgia-Pacific mill site near downtown Coos Bay, land that has been unused for two years since the mill closed. The site offers...
https://splash247.com/oregons-port-of-coos-bay-acquires-site-for-new-container-terminal/
Keppel Offshore & Marine (KOM), a subsidiary of Singapore’s Keppel Corporation, is being sued by the eight funds managed by EIG Management Company, with a claim of almost $820m over the loss of an investment. The civil action by EIG Funds is being heard in the US District Court, Southern District...
https://splash247.com/keppel-offshore-marine-faces-820m-lawsuit-from-eig-funds/
US offshore drilling contractor Valaris has been awarded a two-year contract with Esso Exploration Angola, an affiliate of ExxonMobil, for the 2015-built drillship . The contract is expected to commence in June 2022. Financial details surrounding the deal have not been disclosed. The rig is...
https://splash247.com/valaris-to-reactivate-another-drillship-for-new-contract-in-angola/