Cyprus
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Tankers
Pelagic Partners expands tanker presence with LR1 buy
Pelagic Partners continues to bolster its tanker fleet. The Cyprus-based alternative investment fund said its Pelagic Yield Fund had purchased…
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Tankers
Euronav hits out at Frontline after failed tie-up
Belgium’s Euronav is rejecting Frontline’s right to terminate a $4.2bn merger deal between the tanker giants and is contemplating options…
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Tech
Teledyne acquires ChartWorld
New York-listed Teledyne Technologies has acquired Cyprus-headquartered navigation specialist ChartWorld International. Terms of the transactions have not been disclosed. “ChartWorld’s…
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Tankers
Frontline completes move to Cyprus
John Fredriksen’s Frontline has completed the transfer of corporate domicile from Bermuda to Cyprus. Shareholders approved the move on December…
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Operations
Mark O’Neil reelected president of InterManager
Mark O’Neil, CEO of Columbia Shipmanagement, has been given another term as president of InterManager, the association for shipmanagers. O’Neil…
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Tankers
Trafigura charters Clean Sea methanol-powered product tanker in an industry first
Methanex subsidiary Waterfront Shipping has entered into a time charter with Trafigura for the 2021-built methanol dual-fuel product tanker .…
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Finance and Insurance
Frontline shareholders to vote on share capital increase and domicile change
John Fredriksen’s Frontline has invited shareholders to approve a transfer of corporate domicile and to vote upon a proposal to…
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Finance and Insurance
Castor Maritime fixes financing for containership pair
Cyprus-based diversified owner Castor Maritime has secured $22.5m in funding from an Asian lender to partly finance its expansion into…
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Containers
Castor Maritime enters container sector with double acquisition
Cyprus-based bulker and tanker owner Castor Maritime has made a move into the container shipping sector with a double sub-panamax…
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Tankers
Castor Maritime moves to spin off tankers into new US-listed vehicle
Nasdaq-listed bulker and tanker owner Castor Maritime has moved to spin off its tanker fleet into a newly formed subsidiary,…
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Tech
Seafarer evaluation app launches
Cyprus-headquartered digital eLearning provider OneLearn Global (OLG) has rolled out an all-in-one digital evaluation solution enabling organisations to gather information…
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Renewables
Pelagic Partners enters offshore wind market with up to six CSOV newbuilds
Cyprus-based alternative investment fund Pelagic Partners is expanding into the offshore wind sector, having emerged behind a series of newbuild…
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Dry Cargo
SMT Shipping adds to its supramax fleet
Limassol-headquartered dry bulk shipowner SMT Shipping has announced an addition to its fleet with the acquisition of a supramax bulker.…
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Operations
Columbia Shipmanagement and Marlow Navigation call off merger
Two Cypriot managers have ditched their nuptials after a lengthy five-year engagement, though they say they will remain friends. Columbia…
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Contributions
Limassol: Dawn of a European champion
Major shipping conference, Maritime Cyprus, is back. Splash identifies how the island has all the right maritime ingredients to prosper.…
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Offshore
Eni makes gas discovery off Cyprus
Italy’s Eni has announced a significant gas discovery at the Cronos-1 well off Cyprus. The block is operated by Eni,…
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Tankers
Euronav and Frontline sign definitive combination agreement, plan Cyprus relocation
Belgium’s Euronav today entered into a definitive combination agreement with Frontline, bringing John Fredriksen’s dream tanker merger one step closer.…
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Operations
Columbia Shipmanagement expands footprint in India with Aurus Ship Management deal
Columbia Shipmanagement (CSM) has signed an agreement with Aurus Ship Management to explore shipmanagement opportunities in the Indian market. Under…
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Maritime CEO
Lemissoler: The four pillars of decarbonisation
Philippos Phillis, president of the board of directors of the European Community Shipowners’ Associations (ECSA), is a strong believer that…
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Press Releases
Athens leads coverage in Splash’s new Mediterranean Hubs magazine
A new Splash magazine, Mediterranean Hubs, launches today at Posidonia with Athens leading the coverage. Across the Mediterranean maritime hubs…
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