Europe

E.ON sells its E&P business in Norway

October 14th, 20150 E.ON has sold its Norwegian exploration and production (E&P) business to Germany's DEA Deutsche Erdoel (DEA) for $1.6bn, and a sale of its UK E&P business could...

Augusta Due: Hold and consolidate

October 14th, 20150 Rome: The recent improvement experienced in seafreight rates for tankers is helping some shipping companies to recover from their complex restructuring plans. It’s the...

Golden Union spends $13m on mini-cape

October 13th, 20150 The Greek shipping company Golden Union is buying the modern mini-capesize bulk carrier Chiara (115,000 dwt, built 2011) that will be soon operated on time charter by...

RINA Services: Where to invest?

October 13th, 20150 What is the most promising shipping segment to bet on? Is this the right time to invest in ships? Michele Francioni, ceo of the Italy’s RINA Services, has his fair...

OECD in favour of carbon tax for shipping

October 13th, 20152 The International Transport Forum came out yesterday in favour of a carbon tax for shipping and very swingeing goals for emission cuts in the coming decades. The ITF,...
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