Nordic American Tankers (NAT) has now sold the last of its 2002-built suezmax tankers, , as part of an overall fleet adjustment program. The vessel will be delivered to its new owners this month, and NAT will net about $16m from the sale. This sale is one of several in the last eight months. The …
https://splash247.com/nordic-american-tankers-sells-off-its-oldest-suezmax/
A US federal appeals court has ruled that the government in 2016 violated the National Environmental Policy Act, Endangered Species Act, and Coastal Zone Management Act when it allowed fracking in offshore oil and gas wells in all leased federal waters off California. The decision upholds a...
International port operator DP World has sold a 22% stake in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park to Canadian pension fund manager Caisse de dépôt et placement du Québec (CDPQ) for US$5bn. CDPQ will invest $2.5bn through a new joint venture, with the...
https://splash247.com/canadian-pension-fund-invests-5bn-in-dp-world-assets/
The US Department of the Interior yesterday announced that the Bureau of Ocean Energy Management (BOEM) will conduct an environmental review of the first proposed wind energy project offshore Maryland. This week, the Department will publish a notice of intent (NOI) to prepare an environmental...
https://splash247.com/maryland-offshore-wind-project-takes-step-forward/
Mediterranean Shipping Company (MSC) has criticised Panama Ports Company (PPC) for obstructing its operations and for looking to impose two companies to receive the maintenance and inspection deals for reefer-related services. In a letter addressed to the director of the Panama Maritime Authority...
https://splash247.com/msc-calls-out-panama-ports-company-for-disrupting-its-operations/
Offshore accommodation platform operator Floatel International has secured a contract extension with Equinor Brasil for the 2013-built semisub vessel . The contract covers the provision of maintenance and safety unit services alongside the Peregrino floating production storage and offloading unit...
https://splash247.com/floatel-seals-equinor-contract-extension-in-brazil/
Audubon Engineering Company, a provider of engineering, procurement, construction and fabrication services, has entered a three-year contract with Shell Offshore, a subsidiary of Shell, to provide brownfield engineering and procurement (EP) services support for Shell’s Mars Corridor. The contract,...
https://splash247.com/audubon-engineering-awarded-contract-for-shells-mars-corridor-assets/
International shipping association BIMCO has opened a new office in Houston, Texas to better serve its members in the Americas. Thomas Damsgaard, President at Vimar Global in Houston since 2004, now heads up that office, having joined on June 1. The US office complements BIMCO’s offices in Athens,...
https://splash247.com/bimco-hires-thomas-damsgaard-to-head-new-houston-office/
America just lost another ship from its dwindling Jones Act fleet, an oil tanker named the that counted the islands of Hawaii among its ports of call. According to Grassroot Institute of Hawaii research associate Jonathan Helton, the 37-year-old Houston is now in India to be dismantled for salvage,...
https://splash247.com/jones-act-fleet-loses-another-ship-leaving-hawaii-one-oil-tanker-short/
Houston-headquartered McDermott International has been awarded a front-end engineering design (FEED) contract by North Oil Company (NOC) for the Ruya development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar. The contract is said to be one the largest FEED projects...
https://splash247.com/mcdermott-wins-feed-contract-for-qatars-largest-offshore-oil-field/