New York-listed Navigator Holdings has lined up $300m in fresh financing to clear out existing debt maturities. The Mads Peter Zacho-led company said its subsidiaries Navigator Gas and Othello Shipping have struck a deal with a consortium of lenders comprising Nordea Bank, Danish Ship Finance,...
https://splash247.com/navigator-fixes-300m-of-new-financing/
BP is reportedly selling six MR tankers for $200m. The 57,000 dwt vessels are the British Chief (2017), and the 2016-built sisters British Engineer, British Officer, British Cadet, and British Sailor. Over the weekend, brokers reported that the ships had received a string of offers over the last...
UK supermajor Shell and its advisers have been considering a potential takeover of rival energy major BP, which could set up one of the largest deals in the history of the oil and gas industry. According to reports from Bloomberg, which cited people close to the matter, Shell may wait for BP to...
Mark Charman, CEO and founder of Faststream Recruitment, provides readers with insights from his company’s latest Global Ship Operators Employment Report. The maritime sector is undergoing a profound shift and ship operators are right at the centre of it. In the Global Ship Operators Employment...
https://splash247.com/a-call-to-action-for-maritime-employers/
Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of over 7GW and £9.6bn ($12.75bn) in assets under management. The asset manager is...
https://splash247.com/orsted-sells-stake-in-uk-offshore-wind-farm-for-600m/
Italian fabricator and shipyard Rosetti Marino has been awarded an offshore EPC contract on the Liverpool Bay CCS project in the North Sea by compatriot Eni. The project, valued at over €300m ($340m), covers a full engineering, procurement, and construction scope for the delivery of four platforms...
https://splash247.com/rosetti-marino-gets-uk-ccs-gig-from-eni-worth-north-of-340m/
Dutch floater expert SBM Offshore has signed a contract with UK-based supermajor BP for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU). The Kaskida field is a greenfield Paleogene development located approximately 400 km southwest of New Orleans in the...
https://splash247.com/sbm-offshore-to-install-bps-gulf-of-mexico-production-unit/
PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers,...
https://splash247.com/pd-ports-planning-development-of-260m-uk-offshore-wind-hub/
Italian offshore engineering and construction giant Saipem has won a contract from Eni for work on the Liverpool Bay CCS project in the UK. The value of the contract is estimated approximately €520m ($592m) over the three years required to complete the project. The Liverpool Bay CCS project will...
https://splash247.com/saipem-wins-590m-deal-for-work-on-enis-uk-ccs-project/
London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed Buttery-led company said that one bulker had already been delivered to its new owner, with the remaining 10...