Praise for heroic action of Stena Immaculate crew

Salvage experts with SMIT Salvage are continuing onboard assessments of Stena Immaculate, say statements from the vessel operator Crowley and owner Stena Bulk. Yesterday, Sunday, March 16, the third-party salvage team confirmed that damage resulting from the containership Solong striking the Stena Immaculate was limited to one cargo tank containing Jet-A1 fuel and one ballast tank containing sea water.

“Before being forced to abandon ship, the crew had the dedication and presence of mind to...

https://www.marinelog.com/legal/safety-and-security/praise-for-heroic-action-of-stena-immaculate-crew/

Update from Stena Bulk on Stena Immaculate (17 March)

Gothenburg: March 17, 2025
Stena Bulk continues to work closely with Crowley and UK agencies following the incident when the container ship SOLONG struck Stena Immaculate while at anchor last Monday, 10 March. 

Salvage experts from SMIT Salvage are continuing with their detailed onboard assessments of Stena Immaculate. As of yesterday, Sunday, 16 March, the third-party salvage team has confirmed that damage resulting from the containership SOLONG striking the Stena Immaculate was limited to one...

https://allaboutshipping.co.uk/2025/03/17/update-from-stena-bulk-on-stena-immaculate-17-march-2/

COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts]

Whilst the first big consolidator of this offshore upcycle was Tidewater, rapidly followed by ADNOC and AD Ports of Abu Dhabi, Europe is also experiencing a quiet wave of consolidation. Driving this is the biggest of the “Big Four” lowlands dredging and offshore companies, Boskalis. But whereas the gains in Tidewater have been open to […]

The post COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-winner-takes-it-all-boskalis-binges-with-record-profits-as-boluda-takes-silver-and-mcdermott-gets-sued-again-offshore-accounts/

With oil disaster averted, world breathes a sigh of relief but more funds needed to wrap things up

The way to secure the funds to complete the operation in full hangs in the air with around $20 million still missing.  

The post With oil disaster averted, world breathes a sigh of relief but more funds needed to wrap things up appeared first on Offshore Energy.

https://www.offshore-energy.biz/with-oil-disaster-averted-world-breathes-a-sigh-of-relief-but-more-funds-needed-to-wrap-things-up/

COLUMN | Getting results: Valaris; Tidewater; Golden Energy Offshore; Boskalis in Yemen [Offshore Accounts]

Who said that August was a month for relaxing by the beach? No book reviews for your sun lounger this year. Instead, we plunge into the results reporting season and an analysis of some of the recent deals in the offshore sector. Valaris exercises bargain Korean options The drillers are in a sweet...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-getting-results-valaris-tidewater-golden-energy-offshore-boskalis-in-yemen-offshore-accounts/

COLUMN | “Not a matter of if, but when”: Subsea mining on hold, for now; Teddy goes to St Petersburg; Safer gets safer [Offshore Accounts]

It has been a rollercoaster couple of months for seabed mining pioneer The Metals Company. For most of the last year, the company’s share price languished below one ..

The post COLUMN | “Not a matter of if, but when”: Subsea mining on hold, for now; Teddy goes to St Petersburg; Safer gets safer...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-not-a-matter-of-if-but-when-subsea-mining-on-hold-for-now-teddy-goes-to-st-petersburg-safer-gets-safer-offshore-accounts/