Europe
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One out, two in at MPC Container Ships
MPC Container Ships (MPCC) has sold a 20-year-old ship and bought another two vessels. Together with its joint venture partner,…
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Norsepower gets state funds to expand
The Finnish Climate Fund has decided on a capital loan of up to EUR10m ($10.85m) to rotor sail manufacturer Norsepower…
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Vroon charters out SOV to Hughes Subsea
Dutch shipowner Vroon has chartered out its 2017-built SOV to UK-based Hughes Subsea Services. The one-year charter has already commenced…
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Subsea 7 and Siemens Energy link up for floating wind subsea hubs
Subsea engineering and offshore construction specialist Subsea 7 and German energy equipment supplier Siemens Energy have joined forces to develop…
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SeaBird secures survey contract extension
Oslo-listed seismic player SeaBird Exploration has received a letter of award for an extension to the 2D campaign in the…
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Oceaneering and Kontiki Winds collaborate to electrify offshore assets with floating wind
Oceaneering AS, the Norwegian subsidiary of Houston-based Oceaneering International, has signed a memorandum of understanding with Kontiki Winds (a Havfram…
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Hapag-Lloyd investigates ammonia fuel possibilities
Hapag-Lloyd and integrated energy company Mabanaft have signed a memorandum of understanding through which they will assess the viability of…
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Diana Shipping fixes newly delivered ultramax to Engelhart
New York-listed Diana Shipping has chartered out its ultramax bulker to Engelhart CTP Freight, hot on the heels of the…
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Fredly and Blystad sell down in Hunter
Norwegian investors Arne Fredly and Arne Blystad have both offloaded a chunk of Oslo-listed investment firm Hunter Group. Fredly’s AF…
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Amer Shipping contracts bulker newbuilds at Concordia Damen
Dutch inland shipping company Amer Shipping has contracted compatriot yard Concordia Damen for a pair of bulk carrier newbuilds. The…
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Restis family in for DH Shipbuilding suezmaxes
Greece’s Golden Energy Management has booked up to two suezmax tankers at the South Korean yard DH Shipbuilding. Multiple brokers…
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Euronav files for arbitration over Frontline’s decision to walk away from merger
Top management at Euronav have filed an application request for arbitration on Frontline’s decision earlier this month to step away…
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Maersk to consolidate brands
Maersk is moving towards a single, unified brand that will see shipping lines including 152-year-old Hamburg Süd and SeaLand as…
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Purus Marine’s HST orders CTV quartet at Strategic Marine
Offshore services provider HST Marine, part of Purus Wind, the offshore wind business of Julian Proctor-led Purus Marine has contracted…
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DOF’s board proposes new debt restructuring plan
The board of directors of debt-laden offshore vessel owner DOF has decided to submit a new proposal for a restructuring…
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Shell revamps business units
UK supermajor Shell is to combine its business divisions as part of new CEO Wael Sawan’s move to “simplify the…
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Moreld Apply awarded significant Aker BP contract
Norwegian oil and gas engineering, procurement, construction and installation (EPCI) player Moreld Apply has won a contract from Aker BP…
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Fredriksen lifts Euronav stake to 24.99%
John Fredriksen has spent the week amassing more Euronav shares via various investment vehicles to the point where he now…
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Torm confirms $233m LR1 play
Denmark’s Torm has confirmed picking up seven secondhand LR1 tankers in two separate deals, as widely reported by brokers earlier…
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Taylor Maritime secures rare early 2024 delivery slot at Japanese yard
The Buttery family has used its many decades of relationship-building in Japan to secure a very early delivery berth at…
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