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Europe
Bergen Group’s rig services subsidiary declares bankruptcy
An expensive ongoing litigation has forced rig service provider Bergen Group Hanøytangen to declare bankruptcy in Norway. The petition is…
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Asia
Electromagnetic Geoservices wins survey contract in offshore India
Electromagnetic Geoservices (EMGS) has been granted a two-year permit to acquire 3D electromagnetic (EM) multi-client data within a 325,000-square-km area…
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Europe
Scorpio Tankers increases loan for vessel finance, confirms product tanker sale
Scorpio Tankers has increased the size of its credit facility with ING Bank from $52m to $87m, which will be…
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Europe
Investment in seafarers will drive economic growth says Greek shipping minister
Strengthening the expertise of seafarers and the Greek shipping industry as a whole will aid economic growth in Greece, Theodoros…
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Europe
Viking lays up three platform supply vessels
Viking Supply Ships has laid up three of its platform supply vessels “due to a continued weak PSV market”, the…
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Dry Cargo
Torm sells its last two bulk carriers
Torm is no longer an owner of bulk carriers, after agreeing to sell two of its panamax bulkers to Greece’s…
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Containers
Danaos buys three boxships through new joint venture
Danaos has capitalised “on depressed asset prices in the resale market” by buying three post-panamax containerships through a new Caymans-registered…
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Africa
Eidesvik Offshore construction vessel gets work in Ghana
Eidesvik Ghana, the regional subsidiary of Eidesvik Offshore ASA, and its partner Technip have chartered an offshore construction vessel to…
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Europe
Flex LNG, Geveran and Exmar cancel merger
Flex LNG, Exmar and Fredriksen-led Geveran have cancelled their planned merger, which would have created one of the largest independent floating…
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Operations
UN official connected with Mombasa drugs ship found dead – UPDATED
A UN official who was investigating the Höegh Transporter, the vessel on which drugs and weapons were found during a…
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Europe
Reach Subsea gets timecharter in North Sea
Reach Subsea’s research/survey vessel Edda Fonn, which is jointly operated with MMT Sweden, has been fixed on a 60-day timecharter…
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Europe
Vard becomes a shipowner, DOF charters Vard PSV for work in Australia
Vard has become a shipowner through the foundation of a new subsidiary, Vard Shipholding Singapore, which will own a platform…
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Europe
Frontline terminates charter of SFI suezmax to be sold
Frontline has terminated its long-term timecharter of the suezmax tanker Front Splendour (149,700 dwt, built 1995), which owner Ship Finance International (SFI)…
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Europe
Husky Oil cancels Seadrill rig contract
Husky Oil Operations has cancelled its charter of Seadrill’s drilling rig West Mira, which follows the termination of the rig’s…
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Americas
Aker Philadelphia sells stake in Jones Act tanker JV
Marathon Petroleum Corp (MPC) is to buy Aker Philadelphia Shipyard’s stake in its Jones Act tanker joint venture (JV) with…
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Americas
Safe Bulkers sells and leases back four kamsarmaxes
Safe Bulkers has sold four of its kamsarmax vessels to an unnamed bank for a net price of $92.1m, and…
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Americas
Ultrapetrol loses its charter to Petrobras too
After prematurely terminating its charters of Siem Offshore and World Wide Supply vessels, Petrobras is cancelling its contracts on three…
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Americas
Petrobras cancels Siem Offshore vessel’s contract
Petrobras has cancelled its long-term charter of a Siem Offshore’s platform supply vessel (PSV) Siem Carrier, after the vessel failed to…
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Operations
Drugs and weapons found onboard Höegh ship raided in Mombasa
Authorities in Mombasa have found drugs and weapons onboard a Höegh Autoliners pure car and truck carrier (PCTC), which was…
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Europe
Petrobras terminates offshore vessel contracts with World Wide Supply
Brazilian state energy company Petrobras has prematurely terminated its timecharter of two offshore supply vessels owned by Norway’s World Wide…
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