Europe
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Kuehne + Nagel makes plans to axe up to a quarter of its staff
Giving an idea of the scale of the crisis facing intermodal transport the boss of Kuehne + Nagel, the world’s…
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Offshore decommissioning sector set for huge growth
As was the case just a few years ago, the offshore decommissioning sector stands out as the offshore sector set…
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Evangelos Pistiolis orders VLCC pair at Hyundai Heavy
Greek owner Evangelos Pistiolis is believed to be behind the order of a pair of VLCCs at South Korean yard…
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Borr Drilling scraps jackup as it continues cash raising
Norway’s Borr Drilling has sealed a $2.2m agreement to sell 1981-built jackup rig for recycling. The rig is currently laid…
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Borr Drilling scraps semi-sub as it continues cash raising
Norway’s Borr Drilling has sealed a $2.2m agreement to sell 1981-built semi-submersible rig for recycling. The rig is currently laid…
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Port of Helsinki to temporarily dismiss entire workforce
Travel restrictions put in place due to the coronavirus pandemic have forced the heavily impacted Port of Helsinki to come…
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Archer secures plug and abandonment contract from TAQA
Norwegian offshore service provider Archer has been awarded a contract for the provision of a modular drilling unit and associated…
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Fredriksen’s SFL seals newbuild VLCC deal with Landbridge
John Fredriksen’s SFL Corporation has acquired a newbuild 308,000 dwt VLCC from China’s Landbridge Group, and bareboat chartered it back…
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Maersk Supply Service awarded subsea removal contract by Fairfield
Maersk Supply Service has been awarded a contract by Fairfield Betula for the removal of the Dunlin Alpha platform’s subsea…
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Rodolphe Saadé backs UN call for green recovery aid
CMA CGM was among 155 companies — with a combined market capitalisation of over $2.4trn – to sign a statement…
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MSPL sends two post-panamax bulkers into the Baumarine pool
Indian iron ore miner MSPL, part of the Baldota Group, has joined the Baumarine by MaruKlav panamax pool by entering…
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Odfjell Drilling campaign in South Africa suffers coronavirus delay
Odfjell Drilling says it has come to an agreement with Total South Africa for 2010-built semi-submersible rig to remain idle…
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Carriers prepare to bid farewell to the old bill of lading
The Digital Container Shipping Association (DCSA), which features the IT expertise of the world’s top liners, is determined to consign…
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Norwegian owners commit to a carbon neutral fleet by 2050
Norwegian shipowners have taken a huge step forward in carbon neutral shipping after the Norwegian Shipowners’ Association announced that its…
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German yards make plans for protracted downturn
Germany’s shipbuilding association, VSM, is contacting European counterparts to lobby governments across the continent to order ships patriotically on home…
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Danaos expands fleet with secondhand acquisitions
Greek containership owner Danaos Shipping has announced that the company entered into an agreement to acquire an 8,533 teu vessel,…
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D’Amico International Shipping sells its oldest tanker
Italian owner d’Amico International Shipping has signed, through its Irish operating subsidiary d’Amico Tankers, an agreement for the sale of…
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Diana Shipping fixes panamax bulker to Cargill
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2010-built panamax bulker .…
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Shearwater awarded 4D survey by Apache
Offshore survey specialist Shearwater has been awarded a 4D seismic survey, with a 3D extension, by Apache for the Forties…
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Carriers are winning the freight rate battle
Hapag-Lloyd impressed analysts last week by keeping its full-year financial guidance despite the deleterious effects caused by Covid-19. Part of…
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