Europe

DOF Subsea scores contracts worth $351m

September 28th, 20150 Norway’s DOF Subsea has been awarded several major contracts worth more than NOK 3bn ($351.2m) including options. The contracts are made up of a major IMR contract...

Allseas scammed for €100m

September 25th, 20150 A trial in London has heard how a City trader scammed Dutch shipping firm for EUR100m ($111.3m). Luis Nobre, 49, pretended to be a well-connected international...

Italtugs formed after three-way merger

September 25th, 20150 Three of four branches of the Italian Cafiero family are coming back together to form a new tug and bunker provider giant called Italtugs. “In order to improve the...
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