Esgian Week 13 Report: Demand Shifts
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.Drilling Activity and DiscoveriesThe Norwegian Offshore Directorate…
Australia Working to Reassure Indonesia Over Cattle Deaths
Australia’s Department of Agriculture (DAFF) has stated that testing has returned negative results for Lumpy Skin Disease and Foot and Mouth Disease, after over 150 cattle died on a voyage to Indonesia on Vroon’s Brahman Express.Australia has received confirmation from the Indonesian authorities that the export of live cattle from a particular registered establishment in the Northern Territory has…
Ship Recycling Markets Slightly Busier
The week concluded surprisingly for sub-continent ship recycling nations which were busier (from an LDT perspective) than recent weeks, reports cash buyer GMS.“This left local recyclers scrambling to get their respective shares of the odd unit in, and that too at ever-competitive rates. As such, the dearth of vessels currently available for a recycling sale will certainly ensure that any mis-directed dreams of discounted deals at this juncture of the year, are likely to remain just that…i.e.
ONE Announces New Transpacific Service from February 2025
Ocean Network Express (ONE) has announced its Transpacific service starting from February 2025 which will deploy 16 core weekly services.“The emphasis will be on quality end-to-end direct services with high schedule reliability.
Svitzer Australia Names Jensen CCO
Marine towage provider Svitzer Australia announced it has appointed Veronica Jensen as its new chief commercial officer (CCO) for the Australia/PNG region.Jensen started in the role in March and is based out of Svitzer Australia’s Sydney head office. She brings commercial leadership experience across a range of industry sectors including industrial consumables, engineering solutions, the pharmaceutical…
Salvage Crews Work to Lift First Piece of Collapsed Baltimore Bridge
Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.The steel truss bridge collapsed early on Tuesday morning, killing six road workers, when a massive container ship lost power and crashed into a support pylon.
ABS Embarks Project to Advance Offshore Electrical Power Bunkering
American Bureau Of Shipping (ABS) has joined the BlueBARGE project, a program funded by the Horizon Europe program and involving 14 partners from 10 European countries to develop a comprehensive solution for offshore electrical power bunkering.ABS is leading the 36-month, $11.9 million (€11 million) project and will support the consortium in safety, classification and regulatory compliance.To limit local pollution and greenhouse gas emissions…
Chevron Charters Its First Hybrid Electric Bunker Tanker
Chevron has chartered its first hybrid electric bunker tanker from V-Bunkers that will be used to provide fuel to maritime customers in Singapore region.The bunker tanker is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations, which can reduce emissions and costs, according to Chevron.Instead of three auxiliary engines, as a conventional fueling barge this size would have…
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