Europe
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Shearwater secures new North Sea survey with CGG
Offshore seismic player Shearwater GeoServices has won a large multicomponent seismic survey from French-based geophysical services company CGG over the…
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Lenders to take control of Vroon
Ownership of Vroon will change hands after the ailing Dutch shipowner reached a refinancing agreement with its lenders. The substantial…
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German shipbuilder Werften files for bankruptcy protection
German shipbuilder Werften filed for bankruptcy protection yesterday. The yard group, which focuses on cruiseship construction, is owned by Malaysian…
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George Economou bolsters his VLCC fleet
Economou Group tanker outfit TMS Tanker has snapped up a troubled VLCC from Lebanese shipowner Ghassan Ghandou’s Hermes Marine Management.…
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Saipem awarded $1.1bn worth of new contracts
Italy’s Saipem has been awarded two new offshore contracts in Australia and Guyana, worth $1.1bn. The first contract is from…
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TechnipFMC to delist from Euronext Paris
Offshore engineering giant TechnipFMC has decided to delist from Euronext Paris after selling approximately 5% of its holding in spin-off…
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New bulker operator and panamax pool launched in Greece
A new venture combining a dry bulk operator and a pool has launched in Athens, backed by a range of…
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Maersk firms up methanol-fuelled quartet at Hyundai Heavy
A.P. Moller – Maersk has declared options with South Korean shipbuilder Hyundai Heavy Industries (HHI) to build four additional 16,000…
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Baltic Exchange and TradeFlow launch escrow transaction for commodity trades
The Baltic Exchange and fintech-enabled fund manager TradeFlow Capital Management have completed a pilot escrow transaction as part of a…
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Wilson takes 11 Arkon bulkers
Norway’s Wilson has snapped up 11 bulk carriers it runs under an earlier deal struck with Germany’s Arkon Shipping. The…
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Philippos Philis takes over as ECSA president
Cypriot shipowner Philippos Philis has been appointed as the new president of the European Community Shipowners’ Associations (ECSA) for a…
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IOG pauses North Sea drilling campaign over rig stability concerns
UK-headquartered IOG said on Monday it had halted drilling on its Southwark project in the North Sea as the rig…
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RWE and Northland Power team up for gigawatt-scale offshore wind cluster in Germany
German energy firm RWE and Canada’s Northland Power have joined forces to co-develop a 1.3 GW cluster of offshore wind…
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James Fisher Renewables awarded three long-term offshore wind contracts
James Fisher Renewables has landed three multi-million pound 13-15-year contracts supplying specialist operations and maintenance (O&M) services to support offshore…
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DOF faces debt restructuring block from minority shareholders
Minority shareholders of Norwegian offshore vessel owner DOF have racked up enough voting rights to block the company’s debt restructuring…
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Odfjell Drilling secures UK North Sea extension with Serica Energy
Norwegian energy services player Odfjell Drilling has landed a contract extension with Serica Energy on the Bruce platform in the…
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‘Size isn’t an objective for us’: MSC’s Soren Toft
Soren Toft, CEO of Mediterranean Shipping Company (MSC), has passed comment on one of this week’s biggest shipping stories –…
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Pankaj Khanna’s Heidmar seals 32-ship deal with Capital Ship Management
Athens-headquartered tanker pool firm Heidmar has sealed a stunning resurgence, announcing a new joint venture with Evangelos Marinakis’s Capital Ship…
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Edda Accommodation seals Saipem contract
Norwegian floatel contractor Edda Accommodation has been awarded a new contract by Italian energy services player Saipem for the 2011-built…
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Fredriksen ups stake in Valaris
Shipping tycoon John Fredriksen has increased his ownership interest in the offshore drilling giant Valaris. Famatown Finance, a company indirectly…
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