News

  • Box contract rates fall September 30, 2022
    The latest data from the Xeneta Shipping Index reveals long-term contracted rates fell by 1.1% in September. This is the first drop since January and one of only three declines in the past 21 months. However, analysts at Oslo-based Xeneta expect it won’t be the last. Xeneta CEO Patrik Berglund commented: “Over the past couple […]
  • Valemaxes are squeezing capes for Brazilian iron ore exports September 30, 2022
    The valemax fleet is taking an ever greater chunk of iron ore exports out of Brazil at the expense of capesizes, new data from BRS shows. Brazil iron exports carried on these giant ships have shot up from 84m tonnes in 2018 to 136.7m tonnes last year, according to BRS. Up to last weekend, valemax […]
  • Liverpool port faces further strike action September 30, 2022
    Nearly 600 Liverpool port workers are set to stage an additional week-long strike next month in a dispute over pay. Unite, the union representing workers at Mersey Docks and Harbour Company (MDHC), part of Peel Ports, currently engaged in a two-week strike that ends on Sunday, will strike for a second time, starting October 11. […]
  • Singapore’s Sentek Marine charged for buying $56m worth of stolen marine gasoil September 30, 2022
    Singapore’s bunker supplier Sentek Marine & Trading was charged in court with acquiring marine gasoil that was embezzled from Shell’s facility in Pulau Bukom. Sentek is facing 42 charges under the Corruption, Drug Trafficking and Other Serious Crimes Act for acquiring property that it knew was another person’s benefit from criminal conduct. The company allegedly […]
  • Seacon tanker spills oil after collision with fishing vessel off the Netherlands September 30, 2022
    A Chinese product tanker has spilled oil into the sea after colliding with a fishing vessel at an anchorage in Ijumuiden off the coast of the Netherlands early Thursday morning. The 2021-built Golden Daisy, operated by China’s Seacon Shipping Group, was hit by ARM 18 Joris Senior at around 3.00 hrs local time, suffering an […]
  • Pragmatic action on seafarer wellbeing crucial for a resilient shipping industry September 30, 2022
    An effective, practical wellbeing programme can retain skilled workers and attract new talent. Small investments now will help businesses through the great resignation and cost of living crisis, writes Sandra Welch, CEO of Seafarers Hospital Society. These past few years seafarers’ have shown great endurance amid a myriad of challenges. While many owners introduced measures […]
  • Jones Act waiver issued for tanker off Puerto Rico September 30, 2022
    Hurricane-devastated Puerto Rico will receive a temporary waiver from the 1920 federal maritime law known as the Jones Act, according to US Homeland Security Secretary Alejandro Mayorkas. “In response to urgent and immediate needs of the Puerto Rican people in the aftermath of Hurricane Fiona, I have approved a temporary and targeted Jones Act waiver […]
  • Singapore’s digital progress September 30, 2022
    Singapore has encouraged the digitalisation of shipping for several years now. Splash assesses what the tangible local benefits have been. Singapore was ranked number one under maritime innovation by the Menon Economics-DNV Leading Maritime Cities of the World report in January 2022 and it is little surprise – the investment and joined up thinking between […]
  • Petrofac North Sea workers to vote on strike action in pay dispute September 30, 2022
    Around 140 UK North Sea workers employed by energy services company Petrofac are being balloted for strike action in a dispute over pay. The Unite trade union said if the industrial action goes ahead it will have a major impact on the maintenance and running of Repsol’s North Sea platforms and the Flotta oil terminal […]
  • DOF Subsea secures series of contracts September 30, 2022
    Norway’s DOF Subsea has won multiple new project awards and a contract extension in the Atlantic region, totaling more than 500 vessel days excluding options and a combined value of more than $80m. The Oslo-listed company said that one of the awards is from a major oil and gas operator. The SURF project includes the […]
Courtesy Asia Shipping Media Pte Ltd in Singapore - Splash 247