Splash Maritime and Offshore News

Splash Maritime and Offshore News Splash is the world's premier maritime and offshore news site.
(475)

It is published by Asia Shipping Media, the parent company of Maritime CEO magazine and the Maritime CEO Forum series of events.

Union Maritime books four product tankers at reborn Dalian shipyard
09/01/2025

Union Maritime books four product tankers at reborn Dalian shipyard

Diversified UK shipowner Union Maritime has further beefed up its tanker orderbook with handysize product carrier newbuilds in China. The Laurent Cadji-led outfit has booked four 24,200 dwt units at the restructured yard Dalian Shipbuilding Offshore Company (DSOC), formerly known as DSIC Offshore. S...

Alberta Shipmanagement conjures up sizeable profit with sale of Panoramix newcastlemax
09/01/2025

Alberta Shipmanagement conjures up sizeable profit with sale of Panoramix newcastlemax

The initial sales reported in the dry bulk sector in 2025 show some price resiliency against what remains a depressed rates environment.  Nicholas Inglessis-led Alberta Shipmanagement has conjured up a significant profit with the sale of the 300 m long Panoramix newcastlemax. Alberta Shipmanagement...

Norwegians eye nuclear propulsion
08/01/2025

Norwegians eye nuclear propulsion

Norwegian shipbuilder Vard is collaborating with the Norwegian University of Science and Technology in Ålesund and other stakeholders in a project exploring nuclear propulsion for the maritime sector. NuProShip, short for Nuclear Propulsion in Shipping, will evaluate fourth-generation nuclear react...

Controversial ammonium nitrate shipment sparks protest in Ivory Coast
08/01/2025

Controversial ammonium nitrate shipment sparks protest in Ivory Coast

One of the cargoes that made the most headlines last year is still making news in the new year.  Locals living near the Ivory Coast’s largest port, Abidjan, have voiced concern about a cargo of potentially explosive ammonium nitrate onboard the Barbados-flagged Zimrida just off the shoreline. The...

COSCO targeted by the Pentagon over alleged ties to the People’s Liberation Army
08/01/2025

COSCO targeted by the Pentagon over alleged ties to the People’s Liberation Army

COSCO, the world’s largest shipping company, is among a host of Chinese shipping-related names added to a list of companies the US Department of Defense views as having links to the People’s Liberation Army. While being on the Pentagon’s blacklist carries no specific penalties, it discourages ...

Pierre Aury’s guide to volatility and shipping
08/01/2025

Pierre Aury’s guide to volatility and shipping

Our columnist returns to a favourite topic. Recently we visited the subject of volatility of the dry bulk spot market concluding that it was exhibiting a very high level of volatility. The format of the column did not give us a chance to elaborate on the fact that although a majority of people make....

Ziton bolsters jackup fleet
08/01/2025

Ziton bolsters jackup fleet

Danish shipowner and offshore wind specialist Ziton has expanded its fleet of operations and maintenance jackup vessels. The company, acquired by a fund advised by Australia’s Macquarie Asset Management last year, is adding the 2011-built unit named Wind Discovery for an undisclosed sum, taking it...

Heerema secures TenneT floatover barge deal
08/01/2025

Heerema secures TenneT floatover barge deal

Dutch offshore construction player Heerema Marine Contractors has inked a contract with Dutch-German transmission system operator TenneT for the delivery of a new float-over barge, tailored for the installation of ultra-heavy topsides. The TSO plans to connect 14 high-voltage direct current (HVDC) o...

Seacon agrees sale and leaseback for bulker newbuild
08/01/2025

Seacon agrees sale and leaseback for bulker newbuild

China’s Seacon Shipping has secured financing for one of its handysize bulk carriers under construction in Japan. The Hong Kong-listed company said in a filing it had agreed to a $31.38m sale and leaseback deal for a 40,000 dwt bulker with Panama-incorporated Dawn Shipping and its Japan-based pare...

Revisiting national security in the context of global commerce
08/01/2025

Revisiting national security in the context of global commerce

In light of the US rejection of the Nippon Steel and US Steel deal, Wolfgang Lehmacher discusses the ongoing erosion of trade agreements. The erosion of trade agreements, particularly through the invocation of national security exceptions, poses significant challenges to the international economic l...

Boskalis orders largest ever subsea rock installation vessel
07/01/2025

Boskalis orders largest ever subsea rock installation vessel

Dutch dredging contractor and marine services provider Boskalis has ordered a new subsea rock installation (SRI) vessel with a cargo capacity of 45,500 tonnes. Boskalis claimed that the vessel would be the largest SRI vessel in the industry, significantly bolstering Boskalis’ position in this nich...

Asia Pacific Shipping swells tanker orderbook with 12 newbuilds in China
07/01/2025

Asia Pacific Shipping swells tanker orderbook with 12 newbuilds in China

Vietnamese shipowner Asia Pacific Shipping (ASP) is set to bolster its tanker fleet with 12 newbuildings added to the orderbook at Chinese yards. The Hanoi-headquartered outfit has spread the orders across Dalian Shipbuilding Industry Corporation (DSIC), Shanghai Waigaoqiao Shipbuilding (SWS), and W...

US making strides towards offshore wind round in Guam
07/01/2025

US making strides towards offshore wind round in Guam

The US Bureau of Ocean Energy Management (BOEM) has announced the publication of a call for information and nominations for possible wind energy leasing off the coast of Guam. This call will gather public comments to inform potential leasing areas. Guam aims to generate 50% of its electricity from r...

Biden to ban offshore drilling in massive areas of US Pacific and Atlantic
07/01/2025

Biden to ban offshore drilling in massive areas of US Pacific and Atlantic

US President Joe Biden is planning to block all future oil and gas drilling in more than 2.5m sq km of federal waters on Monday. This is one of Biden’s last big moves to cement himself as a conservationist and climate change advocate while also dealing a hard blow to president-elect Donald Trump a...

The stories that made a splash over Christmas
07/01/2025

The stories that made a splash over Christmas

Cable layers are a niche segment of the global merchant fleet with just 75 or so in operation today. They are set for plenty of action in the opening weeks of 2025 as another new segment, cable cutters, have dominated shipping headlines in the 19 days since the last issue of Daily Splash, our free ....

US east coast port talks set to resume
07/01/2025

US east coast port talks set to resume

Talks are set to resume tomorrow between employers and dockworker unions across the US east and Gulf coasts in a last-ditch bid to avert a strike pencilled in for January 15. Following a three-day strike last October, the International Longshoremen’s Association (ILA) reached an agreement with the...

Kristian Siem buys Petter Olsen’s estate outside Oslo
07/01/2025

Kristian Siem buys Petter Olsen’s estate outside Oslo

A property deal between two famous Norwegian shipping magnates has been making headlines in Oslo.  Kristian Siem has bagged a significant discount in buying the childhood home of Petter Olsen, a property that includes two smaller detached houses, multiple garage spaces, a storage house, a henhouse,...

Value of global merchant fleet leaps by two-thirds in the 2020s to cross $2trn mark for first time
07/01/2025

Value of global merchant fleet leaps by two-thirds in the 2020s to cross $2trn mark for first time

The remarkable appreciation in ship assets in the 2020s has seen the value of the world fleet, including vessels on order, jump above $2trn for the first time, according to data from Clarksons Research. The global merchant fleet, including the orderbook, was worth $1.2trn in 2020 by comparison.  Ne...

Address

30 Cecil Street, #19-08 Prudential Tower
Singapore
049712

Website

Alerts

Be the first to know and let us send you an email when Splash Maritime and Offshore News posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Splash Maritime and Offshore News:

Shortcuts

Share

Category