United Arab Emirates-based jackup rig pure-play Shelf Drilling has won a contract in Nigeria for one of its rigs. The firm term of the contract is approximately two years. The contract with an unknown customer is scheduled to begin in December 2024. The rig in question is the 1982-built Main Pass...
https://splash247.com/shelf-drilling-jackup-gets-work-off-nigeria/
United Arab Emirates-based jackup rig pure-play Shelf Drilling has received another notice of suspension of operations for one of its rigs. Shelf Drilling said the rig in question was the High Island II jackup currently under contract with Saudi giant Aramco. The company did not reveal the customer...
https://splash247.com/aramco-suspends-another-shelf-drilling-jackup/
Dubai-based ports and logistics player DP World has reached an agreement to acquire Australian port-to-door logistics services provider Silk Logistics. The transaction, subject to shareholder approval of Silk Logistics and standard closing conditions, values the company at about A$174.5m ($115.6m)...
https://splash247.com/dp-world-buys-australias-silk-logistics/
A joint venture between Abu Dhabi’s Al Seer Marine and Damen International is expanding its operations into the commercial shipbuilding market. The ADX-listed subsidiary of the International Holding Company (IHC) and the company, which is part of the well-known Dutch shipbuilder and the Damen...
https://splash247.com/al-seer-marine-and-damen-jv-targets-commercial-shipbuilding/
Oslo-listed jackup rig pure-play Shelf Drilling has clinched contract extensions for two of its units working for Chevron offshore Thailand. The Shelf Drilling Chaophraya and Shelf Drilling Krathong have both been fixed for two years in a deal worth about $197m. The contract extensions will kick in...
https://splash247.com/shelf-drilling-seals-chevron-extensions-for-jackup-pair-in-thailand/
United Arab Emirates-based Lila Global is halving its container arm, selling an 18-year-old, 1,118 teu containership named Lila Canada for a price brokers put in the low $6ms. The feeder has changed hands a number of times in recent years. It was added as Valencia Elizabeth last year. Prior to that...
Dubai-based Lila Global’s run rate of a ship deal a month shows no sign of slowing. The shipowning sister firm of ship recycling giant GMS has snapped up bulk carriers, tankers, and MPP vessels over the past couple of years, latterly turning to selling rather than buying. This week, it is making...
https://splash247.com/lila-global-offloads-2004-built-tanker/
For the first time, terminal operator DP World has acquired 47,000 teu that have been registered and branded to the company. “This acquisition provides DP World’s customers seamless access to critical container capacity, ensuring that even during periods of peak demand or unexpected disruptions,...
https://splash247.com/terminal-operator-dp-world-buys-47000-containers/
DP World is pressing ahead with plans to expand London Gateway into Britain’s largest container port within five years with an investment of around £1bn ($1.3bn). The Dubai-based terminal operator said it would increase the capacity of London Gateway’s port by building two new shipping berths,...
AW Shipping, a joint venture of ADNOC Logistics & Services (ADNOC L&S) and China’s Wanhua Chemical Group, has firmed up orders for two more very large ammonia carriers (VLACs) at China’s Jiangnan Shipyard. The contracts, inked in Abu Dhabi to mark an opening for Jiangnan Shipyard’s first office in...
https://splash247.com/adnoc-ls-venture-firms-up-250m-ammonia-carrier-options/