Europe
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Fratelli Cosulich, RINA and SeaTech move to develop ammonia bunker vessel
Italy’s Fratelli Cosulich, compatriot classification society RINA and Singapore’s ship designer SeaTech Solutions have joined forces to develop an ammonia…
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Hydrogen production facility planned for Gothenburg port
The Port of Gothenburg and Norwegian energy company Statkraft are planning to construct a hydrogen production facility at the port,…
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Nordic American Tankers fixes suezmax for up to three years
Herbjorn Hansson-led Nordic American Tankers (NAT) said it has fixed one of its suezmaxes to an unnamed oil company for…
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SD Standard Drilling sells stake in VLCC
Øystein Stray Spetalen’s S.D. Standard Drilling (SDSD) has sold its 33.3% ownership in the VLCC Gustavia S it acquired in…
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Odfjell offloads shortsea fleet
Norwegian owner Odfjell has agreed to sell the last three 9,000 dwt shortsea vessels that have operated in the company’s…
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Eni buys additional Dogger Bank stake for $191m
Italian energy major Eni has entered into an agreement with Equinor and SSE to acquire a 20% interest in the…
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Maersk spends some of its multi-billion dollar war chest to bolster air freight position
Cash-rich A.P. Moller – Maersk is upping its airfreight game, buying German freight forwarder Senator International as well as expanding…
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Gram Car Carriers looks to raise $110m from Olso IPO
Norway’s Gram Car Carriers, the world’s third-largest tonnage provider within the pure car truck carrier (PCTC) segment, has issued a…
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Offshore wind spending to exceed oil and gas in key markets by 2030
Offshore wind spending is closing the gap on oil and gas investments and is expected to surpass them in several…
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Equinor unveils gigawatt-scale floating offshore wind concept in Scotland
Equinor has designed a new concept with a preferred foundation design for full-scale gigawatt commercial floating offshore wind, if successful…
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Maersk to set up $136m logistics centre in Saudi Arabia
A. P. Moller – Maersk has signed an agreement with Saudi Ports Authority to invest $136m over 25 years in…
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Solstad Offshore secures another PSV extension with ConocoPhillips
Norwegian shipowner Solstad Offshore has secured a contract extension from ConocoPhillips Skandinavia for another platform supply vessel. The 2012-built has…
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Flex LNG seals pair of charters
John Fredriksen’s Flex LNG has agreed time charters with an undisclosed energy major for 173,400 cu m LNG carriers, Flex…
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Oceanteam names new CEO and drops merger with Passer
Oceanteam has appointed its board member Hans Reinigert to lead and manage the company and decided not to move forward…
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Odfjell Oceanwind looks to power Norwegian Sea platform with floating wind farm
Odfjell Oceanwind has entered into a memorandum of understanding with the Norwegian exploration and production company OKEA and the utility…
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Siem Offshore elects two board members as Wallace steps down
Norwegian offshore vessel operator Siem Offshore announced that Peter Ditlef Knudsen and Kenneth Ross have been elected as new board…
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Oldendorff in for up to 12 kamsarmaxes at Hantong
German dry bulk owner Oldendorff Carriers is back for more bulk carriers at the Chinese Jiangsu Hantong yard with an…
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AET joins Shell, Trafigura and Saudi Aramco to invest in Swiss climate tech startup
Malaysian tanker owner AET has joined a group of investors comprised of Shell, Trafigura and Saudi Aramco to support the…
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Solstad Offshore awarded CSV contract in South America
Oslo-listed Solstad Offshore has secured a contract from an undisclosed major oilfield services company for the charter of the 2009-built…
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Saverys family decides to quit pursuit of Shipping Corp of India
One of the frontrunner bids to take over state-run Shipping Corporation of India is in tatters as the Saverys family…
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