Europe

Maersk Altair sets new Adriatic record

November 19th, 20150 Wednesday saw the port of Trieste in Italy welcome the largest boxship to ever call at an Adriatic port. The 11,200 teu  became the first ultra large carrier to call at...

Star Bulk delays four bulker newbuildings

November 18th, 20150 Star Bulk has agreed with its shipbuilders to delay delivery of four of its 19 newbuildings until 2016. The four were originally scheduled to arrive in the final quarter...

Sembcorp to build FSO for MODEC

November 18th, 20150 Singapore-based shipyard Sembcorp Marine Rigs and Floaters (SCM) is to build a floating storage and offloading (FSO) for MODEC Offshore Production Systems (Singapore)....

A.P. Møller-Mærsk issues Eurobonds

November 18th, 20150 A.P. Møller-Mærsk made the most of cheap financing yesterday issuing its first Eurobonds in three years. The Danish shipping giant issued Eurobonds worth EUR600m due...

Dong A Tanker sells two brand-new MRs

November 17th, 20151 South Korea's Dong A Tanker has sold two of its newly delivered MR product tankers to Greek buyers for $69.6m in total, which includes the ships' respective timecharter...

TGS to cut 16% of workforce

November 17th, 20151 Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) has announced the implementation of a global cost reduction and efficiency plan which will result in the...
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