Europe
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ICBC Leasing acquires newbuild LR2 tanker from Andromeda Shipping
Chinese leasing house ICBC Financial Leasing has acquired the 114,000 dwt LR2 tanker Lake Star from Monaco-based owner Andromeda Shipping.…
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Pathway for ports to become renewable energy hubs outlined
Ports can become renewable energy hubs, increasing their electricity generating capacity more than tenfold in the next 30 years, thanks…
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Coronavirus strikes Damen Galati Shipyard
A coronavirus outbreak has spread across Damen Galati Shipyard in Romania with 41 cases registered in the last nine days.…
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Mads Zacho departs as J. Lauritzen splits into two entities
Danish owner J. Lauritzen has established its gas and dry bulk businesses as independent companies, Lauritzen Kosan and Lauritzen Bulkers. The company…
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Subsea 7 awarded major contract in the Gulf of Mexico
Norway’s Subsea 7 has been awarded a major contract by an unnamed client for work in the Gulf of Mexico.…
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Fugro awarded subsea inspection contract by Neptune Energy
UK-headquartered E&P company Neptune Energy has awarded a subsea inspection contract to Fugro to survey subsea structures at the Cygnus gas…
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Siem Offshore settles debt with Canadian lenders
Norwegian OSV operator Siem Offshore has announced that its wholly owned subsidiary Secunda Canada has entered into a settlement agreement…
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New bunker player emerges in Civitavecchia
In the port of Civitavecchia a new bunkering player has emerged from the union between the two parties already authorised…
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Seanergy secures refinancing for capesize pair
Greek pure-play capesize owner Seanergy Maritime Holdings has secured $29.1m to refinance a loan facility that was originally due to mature…
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British start-up attempts to bring steam power back to shipping
A British start-up called Steamology is trying to bring steam power back to shipping. However, the key difference for this…
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Eidesvik Offshore awarded ship management contract by Aker
Eidesvik Offshore has been awarded a ship management agreement by Aker for two supply vessels in operation on the Norwegian…
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MSC debuts Instant Quote
Joining the likes of ZIM, Maersk, Hapag-Lloyd, CMA CGM and Evergreen, MSC today unveiled its own instant spot booking system.…
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CMA CGM imposes Cape Town emergency coronavirus congestion surcharge
Starting today, French container shipping giant CMA CGM is imposing an emergency congestion surcharge for calls at Cape Town, a…
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Castor Maritime swoops for its fourth panamax bulker
Greek panamax bulker owner Castor Maritime has swooped for its fourth vessel with the acquisition of a 2007-built panamax bulker.…
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Subsea 7 awarded Hod contract by Aker BP
Subsea 7 has been awarded a contract by Aker BP for the Hod Field Development Project in the southern part of…
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DNV GL claims world has passed peak CO2 emissions
Covid-19 has hastened the decline in global carbon dioxide emissions – with 2019 set to be the year of peak…
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DOF further defers debt payment
Norway’s DOF and DOF Subsea have each entered into suspension agreement with secured lenders to further defer the company’s loan payment.…
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SBM Offshore enters FLNG partnership with Transborders Energy
Dutch FPSO operator SBM Offshore has entered into a partnership agreement with Transborders Energy for the deployment of the latter’s…
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Shearwater GeoServices secures survey contracts
Offshore survey specialist Shearwater GeoServices has been awarded a seismic survey and processing contract by Oil India, and a project…
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D’Amico Dry offloads handy bulker to Seven Seas
Ireland based shipping company d’Amico Dry, part of the Italian group d’Amico Società di Navigazione, has sold the 2015-built handysize…
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