Europe
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MSPL sends two post-panamax bulkers into the Baumarine pool
Indian iron ore miner MSPL, part of the Baldota Group, has joined the Baumarine by MaruKlav panamax pool by entering…
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Odfjell Drilling campaign in South Africa suffers coronavirus delay
Odfjell Drilling says it has come to an agreement with Total South Africa for 2010-built semi-submersible rig to remain idle…
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Carriers prepare to bid farewell to the old bill of lading
The Digital Container Shipping Association (DCSA), which features the IT expertise of the world’s top liners, is determined to consign…
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Norwegian owners commit to a carbon neutral fleet by 2050
Norwegian shipowners have taken a huge step forward in carbon neutral shipping after the Norwegian Shipowners’ Association announced that its…
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German yards make plans for protracted downturn
Germany’s shipbuilding association, VSM, is contacting European counterparts to lobby governments across the continent to order ships patriotically on home…
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Danaos expands fleet with secondhand acquisitions
Greek containership owner Danaos Shipping has announced that the company entered into an agreement to acquire an 8,533 teu vessel,…
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D’Amico International Shipping sells its oldest tanker
Italian owner d’Amico International Shipping has signed, through its Irish operating subsidiary d’Amico Tankers, an agreement for the sale of…
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Diana Shipping fixes panamax bulker to Cargill
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2010-built panamax bulker .…
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Shearwater awarded 4D survey by Apache
Offshore survey specialist Shearwater has been awarded a 4D seismic survey, with a 3D extension, by Apache for the Forties…
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Carriers are winning the freight rate battle
Hapag-Lloyd impressed analysts last week by keeping its full-year financial guidance despite the deleterious effects caused by Covid-19. Part of…
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Handysize sales dominate limited S&P action
In this week’s broker reports handysize vessels are the most sold ships with the most notable sale possibly done by…
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Diana Shipping refinances Nordea facility to extend repayment by two years
Greek dry bulk owner Diana Shipping has sealed a new loan facility with Nordea Bank for $55.848m, refinancing its existing…
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SeaMar DSV gets new contract from MMT
Dutch offshore vessel owner SeaMar has been awarded a new six-month contract by Sweden’s MMT for 2014-built dive support vessel…
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DOF and DOF Subsea enter into debt standstill agreements
Norway’s DOF and DOF Subsea have each entered into standstill agreements with their secured lenders, representing 93% of the total…
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Offshore Titans launches with Covid-19 fundraiser
Offshore Titans, a start-up online platform which aims to address mental health issues within the offshore energy industry, has been…
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Stopford’s worst-case scenario: sea trade declines 17% by 2024
SMM, the world’s largest shipping exhibition, held its regular press event curtain-raiser this week by Zoom with famous names in…
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Fund invests $145m for offshore wind infrastructure at Port of Esbjerg
Nordic infrastructure fund Infranode has partnered up with Port Esbjerg in Denmark to invest up to DKK1bn ($145m) into new…
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Thenamaris in for Sinokor VLCC resale
Brokers report that Sinokor has sold a VLCC resale – hull 5,473 – which is due for delivery from Daewoo…
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Seadrill drillship suffers early termination
Seadrill Partners has announced that it has received a notice of termination for the contract for which will see it…
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2020 Bulkers secures time charters with Glencore for newcastlemax pair
Tor Olav Troim’s 2020 Bulkers has announced that it has sealed time charter contracts with Glencore for two of its…
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