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Europe
Greek shipping stocks hammered on Wall Street
New York: With the current chaos surrounding a Greek default and possible exit from the Eurozone, Greek shipowning stocks have…
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Americas
Sevan Marine appoints law firm to investigate Petrobras corruption claims
Oslo: Offshore drilling firm Sevan Marine has engaged the law firm Selmer to conduct an investigation into allegations of its involvement…
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Europe
Northern Offshore goes east, acquired by Shandong Offshore International
Oslo: John Fredriksen’s Northern Offshore has been sold to Shandong Offshore International Company for a cash total of approximately NOK1.3b…
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Containers
Nor Lines LNG-powered roro grounds just two months into service
Oslo: LNG powered roro cargo vessel Kvitbjorn (5,000 dwt, built 2015), which has only been in service with Nor Lines…
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Europe
Polarcus sells seismic projects to TGS
Oslo: TGS-NOPEC Geophysical Company (TGS) has signed a letter of intent with Oslo-listed seismic vessel operator Polarcus to acquire multi-client…
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Europe
COSL Drilling Europe cuts over 220 staff
Oslo: COSL Drilling Europe, the European arm of China’s COSL Oilfield Services, is downsizing its work force by 229 people…
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Africa
Kenya sends 62 convicted pirates back to Somalia
Mombassa: Kenya’s government has repatriated 62 Somali pirates who have served their jail sentences. There are currently 164 pirates still…
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Europe
Havila scores Premier Oil PSV contract
Oslo: Havila Shipping has won a charter contract with Premier Oil UK for PSV Havila Crusader (5,433 dwt, built 2010).…
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Asia
China likely destination for Ezra in Lewek Constellation deal
Singapore: Chinese banks are the most likely partner for Ezra Holdings as they explore a sale and leaseback deal for EMAS…
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Europe
Peter Jenkins appointed 4Subsea CEO
Oslo: Viking Ventures subsea technology company 4Subsea has appointed Peter Jenkins, one of the founders of the company, as its…
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Asia
Petredec secures German funding for four handysize gas carriers
Singapore: Singapore-based LPG logistics giant Petredec has secured funding from Germany’s KfW IPEX-Bank on four 21,000 cu m handysize gas carriers.…
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Europe
Navix Maritime Chartering wins Kazmortransflot tanker contract
Göteborg: Swedish commercial manager Navix Maritime Chartering has announced a new contract with Kazakhstan’s Kazmortransflot. Navix will manage one of…
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Asia
Mercator acquires two dredgers
Singapore: Indan shipowner Mercator is expanding its dredging business with the acquisition of two dredgers, bringing its dredger fleet to…
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Dry Cargo
Star Bulk offloads another
Athens: NASDAQ-listed drybulk owner Star Bulk has announced the sale of panamax dry bulk vessel Star Christianna (74,577 dwt, built…
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Asia
Indian Navy and Coast Guard helicopters rescue 14 crew as ship sinks off Mumbai
Mumbai: Another vessel has run into trouble near Mumbai this morning off the Daman coast, and again India’s Navy helicopter…
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Africa
Pirates murder four policemen at Nigerian port
Lagos: Four policemen, including an assistant superintendent of police, were shot dead by pirates Tuesday afternoon in the Nigerian oil…
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Americas
Bulker grounds at Brazilian port of Paranaguá
Sao Paulo: A bulk carrier identified by local media as Sofia ran aground yesterday while leaving the Port of Paranagua en route…
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Asia
Larsen & Toubro scores Bassein Development contract
Mumbai: Larsen & Toubro has announced that subsidiary, L&T Hydrocarbon Engineering (LTHE), has won an offshore contract from Indian multinational…
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Americas
Hercules Offshore offloads ageing jackups
Houston: NASDAQ-listed Hercules Offshore has offloaded two ageing jackup rigs for around $1.8m each, its latest fleet status report reveals.…
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Asia
Damage to be assessed on Jindal Kamakshi
Mumbai: General cargo vessel Jindal Kamakshi (9,107 dwt, built 2009), which ran into severe difficulties off Mumbai on Sunday, has been…
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