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Valaris readies to activate $337m purchase option on two DSME drillship newbuilds

New York-listed offshore driller Valaris is getting ready to add two newbuild drillships from a South Korean shipyard at a considerable discount compared to current market prices, Anton Dibowitz, president and chief executive officer, confirmed during the company’s second-quarter earnings call.

British Ports Association Awards open for nominations

The British Ports Association seeks the best of the UK ports industry to enter its BPA Awards, to be awarded at the Gala Dinner as part of the BPA Conference 2023 in London. Following the success of the first ever BPA

Bulk carrier grounding, Parana river

Bulk carrier OCEAN FREEDOM ran aground at 311 kilometer mark, Parana river, at around 1000 UTC Aug 3, while sailing downstream en route from San Martin. Was refloated at around 1320 UTC, probably by own means only. Was under way sailing