Offshore driller Transocean has entered into agreements with a third party to sell two of its rigs for a total of $342m. The two rigs in question are the Development Driller III and the Discoverer Inspiration. The former and its associated assets will be sold for $195m while the latter will be sold...
https://splash247.com/transocean-finds-buyer-for-two-rigs-worth-342m/
Swiss-based offshore driller Transocean has been awarded a binding letter of award for one of its drillships. Reliance Industries awarded the LoA to the Dhirubhai Deepwater KG1 drillship for six wells offshore India. The 300-day program is expected to begin in the second quarter of 2026 and will...
https://splash247.com/transocean-pens-123m-six-well-drillship-deal-in-india/
Gianluigi Aponte’s Mediterranean Shipping Co (MSC) has continued to cement itself at the top of liner rankings with additional secondhand tonnage that take the Swiss-based carrier’s purchases in the last four years to nearly 400 ships. The liner giant has been tied to a double buy from German...
https://splash247.com/msc-secondhand-splurge-nears-400-ships-in-four-years/
Hengli Heavy Industry, a fast-emerging shipbuilder from Dalian, has signed a strategic cooperation framework agreement with Mediterranean Shipping Company (MSC) in Geneva. The collaboration will cover a wide range of areas, including newbuilds, engine manufacturing, ship repair, and vessel...
https://splash247.com/msc-signs-strategic-cooperation-framework-with-fast-emerging-chinese-yard/
Swiss-based engine turbocharging company Accelleron has agreed to acquire Canadian specialist in digital weather routing and voyage optimisation True North Marine (TNM) for an undisclosed sum. The spinoff of technology group ABB will take over the Montreal-based firm in the next few weeks and...
https://splash247.com/accelleron-acquires-canadian-voyage-optimisation-firm-true-north-marine/
Delegates, speakers and sponsors are signing up en masse to next year’s Geneva Dry, the world’s premier commodities shipping summit, with organisers today unveiling special rates at six hotels in the Swiss city. The event sold out three weeks ahead of its debut this year, and subsequently those...
https://splash247.com/six-hotels-lined-up-as-demand-for-geneva-dry-2025-heats-up/
Swiss-based offshore drilling giant Transocean has secured a $531m contract from BP for operations in the US Gulf of Mexico. The contract will see drillship Deepwater Invictus on hire for about 1,095 days starting in the first quarter of 2025. The 2014-built floater was previously named as one of...
https://splash247.com/transocean-lands-531m-drillship-contract-in-us-gulf/
Two Swiss lawyers have published a 247-page book looking at the risks associated with flags of convenience. Flags of Convenience, Below the surface of the global shipping industry, penned by Mark Pieth and Kathrin Betz, is available to read for free by clicking here. Research for the book took the...
https://splash247.com/two-swiss-lawyers-take-aim-at-flags-of-convenience-in-new-book/
Offshore drilling giant Transocean has secured more work for two of its drillships in the US Gulf of Mexico and Brazil. The New York-listed contractor revealed in its latest fleet status report that the Deepwater Atlas drillship was awarded two firm contracts by Beacon Offshore. The ultra-deepwater...
https://splash247.com/transocean-picks-up-extensions-for-drillship-duo/
Delegates, speakers and sponsors are flowing into the next edition of Geneva Dry, the world’s premier commodities shipping conference, scheduled for April 28 and 29 next year at the Hotel President Wilson. Having been forced to issue a sold out sign two weeks ahead of the inaugural edition of...
https://splash247.com/dry-bulk-industry-throws-support-behind-geneva-dry-2025/