Europe
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Megawatt-scale fuel cell systems capable of powering ocean-going vessels to be built in France
The quest to decarbonise shipping moved a big step forwards yesterday with news from Europe where Swiss engineering giant ABB…
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Ocean Installer takes Island Offshore MPSV for Equinor job
Island Offshore has secured work for its newly delivered multipurpose vessel . The vessel has just commenced a 60-90 day…
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Allseas wins Aker BP removal contract
Allseas has secured a contract by Aker BP for the removal and disposal of multiple topsides and jackets from the…
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Palmali tankers head for auction for the third time
The creditors of the bankrupt Rostov-based shipping company Palmali have put the company’s crude tanker and barge fleet up for…
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Ukranian general cargo ship catches fire in the Mediterranean
Single-decker ship , controlled by the Ukrainian company MD Shipping, caught fire yesterday while transiting in the middle of the…
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Euronav offloads another vintage suezmax
Belgium-based tanker giant Euronav has had its focus on VLCCs this year with plenty of deals announced. This week the…
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French shipowners urge Macron to enact a shipping Marshall Plan
Jean-Emmanuel Sauvée, the 55-year-old head of cruise line Ponant, has been elected president of Armateurs de France, the French shipowners…
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AET ordering pair of LNG dual-fuel VLCCs for Total charter
Singapore-based Malaysian tanker owner AET has sealed an agreement with Total’s Chartering and Shipping Services for the time charter of…
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Havila Shipping agrees debt restructuring with lenders
After a year of negotiations, Norway’s Havila Shipping has now agreed with lenders on a restructuring of its debt. The…
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Bibby HydroMap goes into administration
Survey specialist Bibby HydroMap, part of Bibby Marine, has gone into administration with KPMG’s Andrew Stone and Rick Harrison appointed…
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Rodolphe Saadé: May will be the worst month
Rodolphe Saadé, the CEO of CMA CGM, the world’s fourth largest containerline, is anticipating May will be the slowest month…
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Fredriksen poaches Avance Gas CEO to head up Golden Ocean
John Fredriksen has found a new CEO for his dry bulk company, Golden Ocean, just over four months after Birgitte…
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Höegh LNG suspends dividends and executive bonuses as part of major cost reductions
Norway’s Höegh LNG has made some dramatic moves due to the uncertain business environment caused by the coronavirus. The board…
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SeaBird surveys cancelled
Seismic specialist SeaBird Exploration has been notified that its end-client has cancelled two ocean bottom node surveys off West Africa,…
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Diego Aponte: ‘Covid-19 has created a public health issue unprecedented in our lifetimes’
In a rare statement, Diego Aponte, group president and CEO of privately held Mediterranean Shipping Company (MSC), has issued an…
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Okeanis Eco Tankers seals three-year VLCC charter
Okeanis Eco Tankers, the Oslo-listed Alafouzos family tanker vehicle, has opted to move one of its ships from the spot…
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PGS to cold stack a quarter of its fleet
Norwegian offshore seismic specialist PGS is making some dramatic moves as it prepares for its business to be affected by…
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Subsea 7 awarded wind contract offshore Germany
Subsea 7 has been awarded a contract by Germany’s innogy for the Kaskasi offshore wind farm project, located in the…
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CMA CGM sends ships via the Cape to Europe and Asia
CMA CGM has ships heading via the Cape of Good Hope in both directions from and to Asia and Europe,…
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European shipping reaches ‘breaking point’
European shipowners have urgently called on governments and Brussels to adopt a targeted rescue and recovery plan for the maritime…
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