Europe
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Pioneer Marine wraps up management buyout
Greece-based Pioneer Marine has concluded a management buyout with top executives Jim Papoulis and Korinna Tapaktsoglou acquiring around 21m shares…
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DOF seals PSV sale and contract extensions
Oslo-listed OSV operator DOF has sold another one of its platform supply vessels and secured new contract extensions from Equinor…
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MSC takes bunker surcharge action
Mediterranean Shipping Co (MSC) has become the first liner major to take action against the extraordinarily volatile fuel bills it…
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Saverys family spends $200m retaking top shareholding position at Euronav from Fredriksen
Stick, fold or double down – the onus is now back on John Fredriksen in an intriguing shareholder tussle at…
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Maersk becomes first shipping company to sign up to Amazon’s climate pledge
Amazon’s Climate Pledge initiative has announced nearly 100 new signatories, including the first shipping line in the form of Denmark’s…
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Top management at Standard and North clubs explain merger rationale
Two of Britain’s best known P&I clubs have provided further details on the exclusive carried by Splash yesterday of a…
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Avance Gas CEO and chairman leave with immediate effect
Kristian Sørensen, CEO of Norwegian shipowner Avance Gas, and Erik Jacobsen, chairman of the company, have both elected to step…
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Siem Offshore loses legal battle over late vessel delivery to Petrobras
Norwegian offshore vessel operator Siem Offshore has lost a case against Petrobras related to the late delivery of the oil…
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Island Offshore secures $56m worth of new vessel contracts
Norway’s Island Offshore has been awarded several new vessel contracts during the first months of 2022 worth approximately NOK500m ($56.6m).…
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BW Offshore scraps another ageing FPSO
Norwegian floater specialist BW Offshore has agreed to recycle its 41-year-old floating production storage and offloading (FPSO) vessel at Baijnath…
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Kristian Mørch to step down as Odfjell CEO
Kristian Mørch, Odfjell’s chief executive officer since 2015, has decided to resign once a successor is named to his leadership…
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NovaAlgoma adds five ships to fleet
Canada’s Algoma Central Corporation and Swiss-based Nova Marine have bolstered their short sea shipping joint venture, NovaAlgoma, by acquiring three…
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Standard and North P&I clubs enter merger talks
Consolidation is taking place across the shipping spectrum with news coming through today of a very significant insurance merger. P&I…
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SFL fixes 14,000 teu sextet to Hapag-Lloyd for five years
John Fredriksen’s SFL Corporation has sealed a deal to charter out six 14,000 teu container vessels to German liner Hapag-Lloyd…
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Golden Energy Offshore to reactivate laid-up PSV
Norwegian owner Golden Energy Offshore Services (GEOS) has secured a term contract for the 2005-built platform supply vessel and has…
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Industry continues to pull out of Russia
The ostracisation of Russian maritime from global organisations is accelerating with the country’s class society and a flag registry getting…
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Asian owners set to stretch their lead over European counterparts
In its latest weekly report Clarkson Research Services has highlighted how Asian shipowners have finally overhauled their European peers to…
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DSIC secures boxship orders from Danaos and Asiatic Lloyd
Dalian Shipbuilding Industry Company (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has won contracts from Greek owner Danaos…
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Prime Marine takes another LR1
Stathis Topouzoglou and his Prime Marine have dived into the secondhand market. Sources tell Splash that the Greek outfit has…
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Is maritime media Eurocentric?
Santosh Patil argues shipping coverage does not reflect the reality on the ground with Asia not getting the reportage it…
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