Europe
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Radziwill ditches Nasdaq plans
John Michael Radziwill’s GoodBulk has officially yanked its American initial public offering plans, withdrawing its Nasdaq filing earlier this week.…
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Floatel and Prosafe extend merger agreement
Major offshore accommodation platform operators Floatel and Prosafe have extended the long stop date in their merger transaction agreement from…
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Borr Drilling secures relaxation of financial covenants
Tor Olav Troim’s Borr Drilling has agreed with its financing banks to make certain amendments to its financial covenants. The…
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Subsea 7 appoints new management team
Norwegian offshore service provider Subsea 7 has announced the appointment of a new management team. As previously announced, the company…
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Euronav offloads three Chinese VLCCs
Belgian tanker giant Euronav has entered into a sale and leaseback agreement for three VLCC vessels with Taiping & Sinopec…
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BW Offshore FPSO extended by Eni
BW Offshore has secured an extension from Nigerian Agip Exploration Ltd, a subsidiary of Italy’s Eni, for 1976-built . The…
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European owners hit out at new container lashing directive
European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF) to redefine container lashing…
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Seadrill secures contract extensions for jackup pair
John Fredriksen’s Seadrill has secured new contracts for jackup rigs AOD II and AOD III in the Middle East. The…
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Axxis Geo Solutions seals Middle East survey contract
Axxis Geo Solutions has confirmed the signing of a contract for the 3D ocean bottom node (OBN) seismic acquisition survey…
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Floatel secures new contract from Ineos
Offshore accommodation platform operator Floatel has been awarded a contract from UK-based oil and gas company Ineos for the deployment…
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Valaris secures multiple new contracts and extensions
Offshore driller Valaris, formerly EnscoRowan, has announced new contracts and contract extensions worth around $100m. Drillship Valaris DS-10 has had…
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Fugro takes full control of Seabed Geosolutions
Offshore service provider Fugro has entered into an agreement to take CGG’s 40% shareholding in Seabed Geosolutions. The agreement will…
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Songa boxship grounding shuts Bosphorus strait
A containership owned by Arne Blystad’s Songa Container ran aground on Friday, leading to the suspension of shipping through the…
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Diana Shipping offloads another panamax bulker
Greek dry bulk owner Diana Shipping has sealed an agreement to sell 2005-built panamax bulker for $7.275m. The vessel, which…
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Start small to support seafarer mental health
Wendy Harvey and Mark Featherstone from Svitzer UK have some useful advice on developing mental health provisions. Mental health is…
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Magseis Fairfield awarded two seismic projects in Gulf of Mexico
Norwegian offshore survey service provider Magseis Fairfield has been awarded two consecutive deepwater ocean bottom node (OBN) projects in the…
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French banks take over Bourbon
A court in Marseille has ruled that a group of French banks will take over the assets of the once…
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Royal Arctic Line orders boxship at Remontowa
Greenland’s Royal Arctic Line has signed a contract with Remontowa Ship Repair Yard for a newbuild 108 teu arctic container…
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Eidesvik Offshore PSV extended by Ithaca Oil and Gas
Norway’s Eidesvik Offshore has announced that Ithaca Oil and Gas Limited has extended the contract for 2013-built platform supply vessel…
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Boskalis secures FSRU contract in El Salvador
Dutch offshore service provider Boskalis has been awarded a major contract to connect an offshore FSRU to an onshore power…
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