Europe
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Sanctions and drones take their toll on Russian oil exporting machine
Further signs are emerging of how sanctions combined with Ukrainian drones are causing serious problems for the Russian oil exporting…
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Niels Josefsen to step down at Lauritzen Bulkers
Niels Josefsen is stepping down as chief executive of Danish handysize player Lauritzen Bulkers. The Copenhagen-based outfit said Josefsen has…
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X-Press Feeders readies for methanol-powered future in the Baltic
Feeder giant X-Press Feeders has signed a memorandum of understanding (MOU) with six European ports to speed up the provision…
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Arkas signs for four boxship newbuilds in China
Turkey’s largest boxship operator, Arkas, has signed a contract in China for four ships that will take its fleet past…
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Eagle Bulk shareholders green light Star Bulk takeover
Shareholders of US-based Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star…
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Kristian Siem seals nine-vessel deal to exit Siem Offshore
The founder of Siem Offshore, Kristian Siem, is leaving the company and stepping down as chairman by letting go of…
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Shearwater agrees $700m refinancing
Norway’s Shearwater Geoservices, the world’s top seismic vessel player, has completed the refinancing of its long-term debt. The Bergen-based firm…
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Aker Solutions awarded contract by OKEA
Norway’s Aker Solutions has won the engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Brasse tieback project for…
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PGS bags large 3D seismic deal
Norwegian seismic acquisition specialist PGS said Monday it had secured a letter of award for a large 3D contract offshore…
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Containerised fuel cell power generator project presses ahead
Norway’s TECO 2030 has received an approval in principe (AIP) from DNV for a containerised fuel cell power generator (FCPG)…
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Kotug pens deal with Padmos for construction of electric pusher tugs
Offshore towage specialist Kotug International has signed a framework agreement with Padmos for the construction of the entire lineup of…
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British shipyard to close
A British shipyard is closing. A&P Tees is a five-acre site in northeast England primarily focused on ship repair with…
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Scott McReaken quits Fredriksen’s rig companies
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off…
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Aramco suspends contract for another jackup rig
After Saudi Aramco already suspended deals with several rig owners, New York-listed offshore driller Valaris announced that its Saudi joint…
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Golden Energy Offshore finds work for PSV duo
Norway’s Golden Energy Offshore Services (GEOS) has won new short-term contracts for two of its platform supply vessels (PSVs). The…
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E. Nomikos buys panamax
Greece’s E. Nomikos Corp, a privately owned shipping company, has added its first ship in two years, tabling just under…
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DeepOcean lands long-term deal with Equinor
Norwegian offshore contractor DeepOcean has sealed a frame agreement with Equinor for marine services on both offshore renewables and oil…
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Safeen Feeders vessel joins Stena Sonangol suezmax pool
AD Ports Group’s shipping arm Safeen Feeders has joined the Stena Sonangol suezmax pool, a joint venture between Swedish shipowner…
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PGS scores 4D survey contract in Northern Europe
Oslo-listed seismic player PGS has won a 4D contract in Northern Europe for an independent energy company. The company is…
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Subsea 7 wins contract worth up to $150m
Offshore engineering and services player Subsea 7 has announced a sizeable contract win with an undisclosed client for its subsea…
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