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Borealis takes pair of 3,400 teu ships - Borealis Maritime has snapped up a pair of 3,400 teu boxships. The London-headquartered outfit has pounced for two four-year-old sister ships, the Nordic Beijing and Nordic Hong Kong. Borealis founder Christoph Toepfer told Splash: “We do believe container freight rates have bottomed out and will provide much better profitability to container lines going forward.” He […]
Borealis Maritime has snapped up a pair of 3,400 teu boxships. The London-headquartered outfit has pounced for two four-year-old sister ships, the Nordic Beijing and Nordic Hong Kong. Borealis founder Christoph Toepfer told Splash: “We do believe container freight rates have bottomed out and will provide much better profitability to container lines going forward.” He …
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LLOG takes over at Buckskin prospect in Gulf of Mexico - Leading US independent offshore oil company LLOG is taking over as operator of a US Gulf of Mexico project from Spanish giant Repsol. LLOG, a deep-water specialist headquartered in Covington, Louisiana, will operate the Buckskin prospect located in Keathley Canyon blocks 785 and 872. Repsol holds 22.5% interest in the leases. The Buckskin prospect is […]
Leading US independent offshore oil company LLOG is taking over as operator of a US Gulf of Mexico project from Spanish giant Repsol. LLOG, a deep-water specialist headquartered in Covington, Louisiana, will operate the Buckskin prospect located in Keathley Canyon blocks 785 and 872. Repsol holds 22.5% interest in the leases. The Buckskin prospect is …
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Damen offices raided - The Netherlands’ top shipbuilder, Damen Shipyards, has had its offices raided by authorities in regards to a foreign bribery case. Documents were seized but no arrests made. Last March, Damen was debarred by the Word Bank for 18 months after a probe by the bank revealed the shipbuilder had acted fraudulently when it failed to […]
The Netherlands’ top shipbuilder, Damen Shipyards, has had its offices raided by authorities in regards to a foreign bribery case. Documents were seized but no arrests made. Last March, Damen was debarred by the Word Bank for 18 months after a probe by the bank revealed the shipbuilder had acted fraudulently when it failed to …
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North Atlantic Drilling gets new contract from Total for semi-submersible
North Atlantic Drilling, which is 70.4% owned by John Fredriksen’s Seadrill, has been awarded a one well contract for semi-submersible rig . The $17m contract is in direct continuation of the rig’s existing contact with Total E&P UK. The oil major signed up the rig in November 2016 on a 90-day contract to work in …
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Global Energy Development enters subsea sector with acquisition of 11 vessels
UK energy-based strategic opportunity investment firm Global Energy Development has conditionally agreed to purchase 11 offshore subsea service vessels and a barge vessel as it seeks to adopt a new business strategy focusing on the subsea oilfield services sector. The company has entered into two agreements to purchase 100% issued shares in the vessel-owning companies. …
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Duke Offshore wins crew boat contract - India’s Duke Offshore has been awarded a charter contract for high speed crew boat . The charter is to the Indian arm of an oil major, and will see the vessel operating on the west coast of India to support offshore operations. The contract starts with immediately effect.
India’s Duke Offshore has been awarded a charter contract for high speed crew boat . The charter is to the Indian arm of an oil major, and will see the vessel operating on the west coast of India to support offshore operations. The contract starts with immediately effect.
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SM Line execs meet with FMC ahead of transpacific launch - William Doyle from the Federal Maritime Commission has revealed South Korea’s newest containerline has been in the US to meet with officials ahead of its transpacific launch. Speaking to shippers in New York, Doyle said that executives from Samra Midas Group (SM Group) visited the FMC last year. SM Group is starting a new ocean […]
William Doyle from the Federal Maritime Commission has revealed South Korea’s newest containerline has been in the US to meet with officials ahead of its transpacific launch. Speaking to shippers in New York, Doyle said that executives from Samra Midas Group (SM Group) visited the FMC last year. SM Group is starting a new ocean …
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Is the answer blowing in the wind? - A study, commissioned by DG Climate Action, focuses on the direct utilisation of wind for the propulsion of commercial ships in the form of wind-assisted shipping. Key findings are carried below. The study has three main objectives. Many innovative wind propulsion technology concepts have been and are being developed for commercial shipping. However, none of […]
A study, commissioned by DG Climate Action, focuses on the direct utilisation of wind for the propulsion of commercial ships in the form of wind-assisted shipping. Key findings are carried below. The study has three main objectives. Many innovative wind propulsion technology concepts have been and are being developed for commercial shipping. However, none of …
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Subsea 7 to acquire remaining stake in Seaway Heavy Lifting - Subsea 7 has announced that it has made an offer to acquire 50% equity interest in Seaway Heavy Lifting Holding from K&S Baltic Offshore. Netherlands-headquartered Seaway Heavy Lifting is a specialist offshore contractor and operates two heavy lift vessels. It is a 50/50 joint venture between Subsea 7 and K&S Baltic Offshore Seaway Heavy Lifting […]
Subsea 7 has announced that it has made an offer to acquire 50% equity interest in Seaway Heavy Lifting Holding from K&S Baltic Offshore. Netherlands-headquartered Seaway Heavy Lifting is a specialist offshore contractor and operates two heavy lift vessels. It is a 50/50 joint venture between Subsea 7 and K&S Baltic Offshore Seaway Heavy Lifting …
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China Merchants Port Holdings invests in Djibouti - China Merchants Port Holdings (CMPH) has entered into agreements to establish two joint ventures for the proposed investment in the Djibouti International Free Trade Zone. CMPH, China Merchants Investment Development (CMID) and Cheer Signal Investment will set up a joint venture named Lac Assal Investment Holding, in which the three parties will hold 40%, 40% […]
China Merchants Port Holdings (CMPH) has entered into agreements to establish two joint ventures for the proposed investment in the Djibouti International Free Trade Zone. CMPH, China Merchants Investment Development (CMID) and Cheer Signal Investment will set up a joint venture named Lac Assal Investment Holding, in which the three parties will hold 40%, 40% …
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Oil tanker collides with sand barge near Zhoushan, three missing
Chinese oil tanker Heng Fan 178, operated by Zhoushan Hengfan Shipping, collided with sand barge Zhe Lin Ji 621 near Zhoushan yesterday. Heng Fan 178, which was carrying bunker oil from Tianjin to Fuzhou, suffered minor damage while the sand barge sunk after the collision and three crew from the vessel are missing. Zhoushan Maritime …
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Subsea 7 pipelay vessel terminated by Petrobras again - Subsea 7 says that Petrobras has terminated the day-rate contract for pipelay vessel , effective January 16. The termination, which will cost Subsea 7 around $106m, comes as a result of the operating license expiring due to the vessel being blocked by local tonnage. Seven Mar had its previous contract with Petrobras cancelled for the […]
Subsea 7 says that Petrobras has terminated the day-rate contract for pipelay vessel , effective January 16. The termination, which will cost Subsea 7 around $106m, comes as a result of the operating license expiring due to the vessel being blocked by local tonnage. Seven Mar had its previous contract with Petrobras cancelled for the …
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Introduction

Splash247.com is published by Singapore headquartered Asia Shipping Media (ASM).

Founded in 2012 by shipping media veterans Grant Rowles and Sam Chambers ASM is now the parent of a host of media brands.

Asia Cruise News looks at the world’s fastest growing cruise market. SinoShip, meanwhile, is the hub for all things China maritime with 12 correspondents in six cities across Greater China. ASM’s flagship global title, Maritime CEO, interviews a top name in shipping every single day, the best of which feature in a quarterly glossy magazine that is sent to the top 3,000 shipowners across the world.

Asia Shipping Media has some of the fastest growing accounts of any maritime publisher in the world of social media with a combined reach of over 80,000. Every day, hundreds of links, discussions, polls and comments are posted onto our various social media offerings ensuring ASM’s position as a cutting edge, 21st century publisher.