Europe

Prime Marine sells LR1 tankers to Hafnia

February 10th, 20150 Athens: Greece’s Prime Marine Management has sold four modern LR1 products tankers to Danish owner Hafnia Tankers for an undisclosed sum. Prime Marine has sold the...

Major owners form Capesize pool

February 10th, 20150 Athens: Major vessel operators Bocimar International, C Transport Maritime, Golden Union Shipping, Golden Ocean and Star Bulk Carriers have formed a new joint-venture...

Farstad Shipping beats a retreat

February 10th, 20150 Oslo: Only days after Norway’s biggest offshore owner decided to discontinue shipping operations in Aberdeen another retreat has been signaled by Farstad Shipping to...

Greece's ports policy will be cleaned up

February 9th, 20150 Athens: Increasing business transparency and creating job opportunities will be central to the new Greek government's ports policy, Thodoris Dritsas, deputy minister of...

Maersk Drilling lays off staff

February 6th, 20150 Oslo: Maersk Drilling says it has been forced to cut 90 positions from its head office following lower demand for its offshore rigs following the drop in oil...

France complies with EC flag rules

February 6th, 20150 Perpignan: The European Commission has closed an in-depth 14-month investigation into French tonnage tax rules. France will now enforce minimum flagging requirements for...

CMA CGM and Hamburg Sud extend ties

February 6th, 20150 Marseille: Container shipping’s era of consolidation continues with France’s CMA CGM and Germany’s Hamburg Süd further enhancing their existing cooperation. In...

Awilco LNG: Rates can only get better

February 6th, 20150 Oslo: The only way is up for the LNG shipping sector. That’s the view of the ceo of Norway’s Awilco LNG, Jon Skule Storheill, who admits current trading conditions...
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