A diving expert from the US Army Corps of Engineers (USACE) has revealed the many life-threatening risks divers are facing while working on the wrecked Francis Scott Key Bridge in Baltimore. USACE, in a joint effort with the U.S. Navy’s Supervisor of Salvage and Diving (SUPSALV), is working to...
https://splash247.com/baltimore-divers-describe-bridge-clean-up-operation-as-9-11-with-blinders-on/
By David Brunnstrom (Reuters) – The Philippines is determined to assert its sovereign rights in the South China Sea, its foreign secretary said on Friday at a meeting with U.S….
https://gcaptain.com/philippines-tells-us-it-will-assert-south-china-sea-rights/
Oslo-listed Subsea 7 has landed a contract worth between $50m and $150m with Talos Energy for the Sunspear development in the Gulf of Mexico. The project in Green Canyon Block 78 involves the subsea tieback of one production well at Sunspear to the Prince platform, 12 km to the north. Under the...
https://splash247.com/subsea-7-lands-gulf-of-mexico-contract/
Offshore vessel owner Atlantic Oceanic has chartered out its recently acquired multipurpose supply unit. The 1991-built Atlantic Spirit has been fixed for four years to Connecticut-based ThayerMahan for offshore wind-related work in Asia. The US outfit with eight European and Jones Act-compliant...
https://splash247.com/atlantic-oceanic-puts-fresh-mpsv-acquisition-to-work/
Investigators in Baltimore are focusing on the Dali’s electrical power system and its circuit breakers and have called in the ship’s builder, Hyundai Heavy Industries from South Korea, with a preliminary report on this year’s most high-profile shipping accident set to be released in the first week...
https://splash247.com/baltimore-bridge-investigation-targets-ships-electrical-failure/
The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US west coast rates are understood to be in the $1,40 to $1,500 per feu range, up from $1,200 per feu to $1,300 per feu last year. These agreements compare to...
https://splash247.com/transpacific-container-contracts-substantially-below-initial-asking-rates/
Shares in Hafnia, the world’s largest product tanker company, commenced trading on the New York Stock Exchange (NYSE) yesterday, to go alongside an existing listing in Oslo for the BW-controlled company. Shares closed in New York down 45 cents on Hafnia’s opening day to end Tuesday on $7.47. ...
https://splash247.com/hafnia-shares-start-trading-in-new-york/
Dry bulk heavyweights Star Bulk Carriers of Greece and US-based Eagle Bulk Shipping have officially combined in an all-stock deal, creating the world’s largest publicly-listed bulker owner. The combined company will operate as Star Bulk Carriers, be headquartered in Athens, and led by Petros...
https://splash247.com/star-bulk-and-eagle-bulk-complete-merger/
An American investor in Euronav has returned to Belgium with another lawsuit in a bid to overturn deals struck between the European tanker giant’s shareholders last year. The New York-based FourWorld Capital Management has filed a claim with Antwerp Enterprise Court seeking to declare null and void...
https://splash247.com/american-investor-takes-aim-at-euronav-again-with-new-legal-action/
Shareholders of US-based Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star Bulk Carriers. The New York-listed company said holders of approximately 65% of its outstanding shares backed the deal, which will see them receive 2.6211 shares of Star Bulk common...
https://splash247.com/eagle-shareholders-green-light-star-bulk-takeover/