Analysts at New York-based tanker brokers Poten & Partners have crunched the numbers to highlight how dramatically Russia’s oil exports have changed in the 11 months since the start of the invasion of Ukraine. Contained in a new report are many startling statistics which neatly encapsulate how the...
Swedish power-to-fuel player Liquid Wind has partnered up with compatriot energy firm Umeå Energi to build Sweden’s third e-methanol plant for shipping fuel. Following a feasibility study, the partners have decided to establish a facility at the Dåva cogeneration plant in Umeå capable of producing...
https://splash247.com/third-e-methanol-plant-on-the-cards-for-sweden/
A major search operation was launched Sunday night after a worker fell overboard from the jackup rig in the North Sea. A 50-year-old man was reported missing at about 21.00 hrs local time some 160 km southeast of Aberdeen, while the rig was on its way to Dundee. Nearby vessels, a Coastguard rescue...
https://splash247.com/man-goes-missing-from-valaris-rig-in-uk-north-sea/
Italian class society RINA has acquired US multi-disciplinary engineering consultancy Patrick Engineering. The Chicago-based firm, with 340 employees active in infrastructure, transport and renewable energy, will be fully integrated into RINA Consulting, the subsidiary of RINA operating in the...
https://splash247.com/rina-expands-us-footprint-with-patrick-engineering-acquisition/
Salvors are finally getting to work to remove the wreck of the , a bulk carrier involved in a collision and subsequent grounding in Gibraltar last August. Gibraltar authorities have given salvors until the end of May to remove the wreck. The ship is on the seabed some 700 m from the shore, and is …
https://splash247.com/work-progresses-on-wreck-removal-off-gibraltar/
Angeliki Frangou’s Navios Maritime Partners has secured a $44.2m loan deal with Maritime Finance, part of First Citizens’ CIT division. Greek diversified owner will use the proceeds secured by product tankers to refinance existing debt, First Citizens said. “We previously worked closely with...
https://splash247.com/navios-partners-secures-44m-debt-refinancing/
Stock market releases show John Fredriksen is not relenting in his Euronav share build-up. The Norwegian shipping tycoon officially abandoned his bid to combine his tanker firm Frontline with Euronav earlier this month, but has since then accumulated more and more shares in the Antwerp-based...
https://splash247.com/fredriksen-adds-to-euronav-shareholding/
Leading companies from across Europe’s fuel production chain have joined with NGOs to press the European Union’s legislators to provide the clarity and certainty they need to make long term investments in the renewable fuels required for the clean energy transition. In a letter to the EU Council,...
https://splash247.com/shipping-presses-eu-for-future-fuels-clarity/
Italy’s Saipem has secured a contract from UK-based operator EnQuest to remove the upper jacket that has supported its Heather platform in the North Sea. The contract covers all the engineering, preparation, removal, and disposal of the upper part of the jacket in accordance with the submitted...
https://splash247.com/saipem-secures-decommissioning-work-in-uk-north-sea/
Norwegian shipping and investment group Eitzen is taking over compatriot Høglund Marine Solutions, a provider of sustainable automation services and LNG fuel gas systems. The Oslo-based family-owned firm led by Axel C. Eitzen, which among other things owns the Copenhagen-based chemical tanker...
https://splash247.com/eitzen-takes-over-hoglund-marine-solutions/