Danish logistics provider Blue Water Shipping has sealed a deal with Singapore-based floater specialist Yinson Production for the transportation of topside modules for the Agogo floating storage, production and offloading vessel. The AGOGO FPSO will be operated by Yinson Production in the West Hub...
JUB Pacific has bolstered its footprint in the liftboat arena with the acquisition of the 2010-built Caracal Pioneer. The Singapore-based company said the unit, picked up for an undisclosed sum, would be renamed JUB Pioneer. The 57-m-long vessel, which has been under JUB Pacific’s UAE-based...
One of the world’s largest charterers Trafigura is addressing the market shortage of modern supertanker tonnage by signing up to build its first VLCCs. The Singapore-headquartered global commodities trader has contracted Jiangsu New Hantong Ship Heavy Industry in China for the construction of two...
Swiss technology group ABB has secured work on an ExxonMobil floating production storage and offloading (FPSO) unit slated for the South American Uaru oilfield. Under the contract, awarded by Offshore Frontier Solution in Singapore, a joint venture between Japanese floater specialist Modec and Toyo...
https://splash247.com/abb-awarded-contract-for-guyana-bound-fpso/
Singapore-based fabricator Dyna-Mac has penned a share purchase agreement to acquire all the total issued and paid-up share capital in Exterran Offshore for $8.25m. The move will see Dyna-Mac secure access to Exterran Offshore’s yard facilities of about 4.5 hectares along Gul Road, which will...
Yinson Production has invested in an innovative carbon capture technology developed by Canadian scrubber maker Ionada as part of its commitment to reduce greenhouse gas emissions from its offshore operations. The Singapore-based offshore unit of the Malaysian Yinson Group said Ionada’s technology...
https://splash247.com/yinson-production-invests-in-scrubber-outfit-ionadas-carbon-capture-tech/
Singapore’s Eastern Pacific Shipping (EPS) has signed up for more ammonia dual-fuel newcastlemax newbuilds in China. The Idan Ofer-controlled diversified shipowner has firmed up orders for three additional 210,000 dwt units at CSSC Qingdao Beihai Shipbuilding for delivery in 2027 and added four...
Singapore’s Megamas Resources has moved to build two modern and fuel-efficient cable laying and repair vessels. In partnership with Renaissance Technologies (RTM), the company has tapped Norway’s Ulstein Design & Solutions for the newbuild vessel design capable of laying and maintenance of both...
https://splash247.com/singapores-megamas-reveals-plans-for-two-cable-ship-newbuilds/
Danish maritime investment company J. Lauritzen has cashed in on its shares held in Hafnia, a product tanker unit of Singapore’s BW Group. Pareto Securities, which acted as sole manager and bookrunner, revealed a block sale on social media. Lauritzen Tankers was, in 2010, a founding partner of...
https://splash247.com/j-lauritzen-cashes-in-on-hafnia-shares/
SwissMarine has become the latest name in the growing list of shipping companies with investments in publicly listed dry bulk shipowners. The Peter Weernink-led dry bulk operator has acquired close to 2.5m shares in Nasdaq-listed US bulker owner Pangaea Logistics Solutions. The acquired shares,...
https://splash247.com/swissmarine-takes-stake-in-us-bulker-owner-pangaea/