Europe

D’Amico spends $88m on two more LR1s

September 23rd, 20150 D’Amico International Shipping has just announced that its operating subsidiary d’Amico Tankers Limited – Ireland entered into an agreement for the construction...

Coles takes top job at Transas

September 23rd, 20150 Bridge equipment provider Transas has tapped a well known name in the world of maritime technology to become its new ceo. Frank Coles, the former head of Inmarsat...

MHWirth to axe up to 800 more staff

September 22nd, 20150 Another day, another slew of redundancies hits Norway’s hard pressed offshore sector with drilling firm MHWirth set to chop between 500 to 800 of its employees from...

Husky Oil cancels Seadrill rig contract

September 22nd, 20152 Husky Oil Operations has cancelled its charter of Seadrill's drilling rig West Mira, which follows the termination of the rig's construction contract at Hyundai Heavy...

Norden to exit larger bulker trades

September 22nd, 20150 Denmark’s Norden is looking to offload its larger bulker carriers and focus on handies and panamaxes. In an interview with Reuters, Jan Rindbo, who took over the...

Bilfinger chops 200 Norwegian staff

September 22nd, 20150 Germany’s Bilfinger Group is looking to axe another 200 staff in Norway. The 200 staff, whose redundancies are expected from the start of next month, join nearly...

Three shipping champions emerge in Italy

September 22nd, 20150 Nicola Capuzzo was among 3,000 guests at last Friday’s Shipbrokers and Shipagents Dinner held in Genoa. The Italian shipping industry is on a rollercoaster like all...
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