Europe
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Teekay’s Tanker Investments will buy back another 1.2m shares
Teekay’s Tanker Investments Limited (TIL) is to spend up to NOK 130m ($14.9m) on repurchasing another 1.2m of its shares…
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Fugro wins $20m contract extension from Pemex
Mexico’s state oil company Pemex has awarded Dutch survey company Fugro a $20m contract extension for work supporting offshore exploration…
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Sevan Marine ends partnership with CeFront Technology
Sevan Marine will no longer be obligated to buy services from CeFront Technology after the two companies today agreed to…
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Dorian LPG moves to protect itself from hostile takeovers
Dorian LPG has moved to protect itself from any potential hostile takeover, adopting a shareholder rights plan and declaring a…
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Dynagas, CLNG and Sinotrans finalise deal for five Yamal LNG carriers
Dynagas, CLNG and Sinotrans have announced the finalisation of a series of agreements for five single-vessel joint ventures to jointly…
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Team Fuel linked to Daiichi Chuo handy buy
Team Fuel Corp has been linked to a handysize purchase. Sources say the Greek outfit has spent $9.4m for the…
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Solstad Offshore offloads AHTS, loses two Petrobras charters
In an update on its vessels in Brazil, Solstad Offshore has revealed the sale of 1984-built anchor handling tug supply…
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Ocean Installer wins German offshore wind contract
Norway’s Ocean Installer has been awarded an offshore wind contract with Norddeutsche Seekabelwerke for work in German waters in the…
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EC questions whether Greek tonnage tax amounts to state aid
The European Commission has sent to Greece a set of proposals to ensure that state support to the maritime sector…
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Broker denies tax fraud
Norway’s organisation which investigates economic crimes, Økokrin, has accused Stein Harald Schie, 63, of hiding NOK485m from the taxman, according…
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Navios Acquisition fixes VLCC, secures $44m in new financing
Navios Maritime Acquisition Corporation has chartered out the 2008-built VLCC , which was delivered to the company during the first…
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Vittoria Shipyard threatens legal action against Romania in research vessel dispute
Vittoria Shipyard in Adria will take legal action, appealing even to the European Union, against the behavior of the Romanian…
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KCA Deutag sells ageing jack-up rig
UK-based drilling contractor KCA Deutag has sold its jack-up drilling rig Ben Loyal to Egypt’s Advanced Energy Systems. KCA Deutag…
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d’Amico Tankers offloads handysize tanker for $13m
d’Amico International Shipping has announced the sale of handysize tanker through its Ireland-based operating subsidiary d’Amico Tankers. The buyer of…
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Thun Tankers takes small product tanker from Nordic
Small product tanker specialist Thun Tankers has announced the acquisition of 7,915dwt product tanker from Nordic Tankers. Thun will rename…
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Rem Offshore sells CSV, delays OCV at Vard
Norway’s Rem Offshore has agreed to sell construction support vessel to an unnamed international customer. Rem said that delivery of…
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DOF Subsea wins three new contracts for 2016
DOF Subsea has been awarded several contracts to a value of around NOK 200m ($22.8m). OMV New Zealand has awarded…
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MSC and TO Delta investing over $200m in Trieste container terminal
MSC, through its Italian subsidiary Marinvest, and main shareholder TO Delta Group have been awarded a 60 years extension for the…
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Fredriksen chases distressed rig newbuilds
John Fredriksen is seeking to acquire distressed rig newbuilds under the wing of a new company called Sandbox. Just like…
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Rotterdam braces for strikes
Rotterdam, home to Europe’s largest port, is bracing itself for strikes. Yesterday, members of the dockworkers’ union FNV Havens voted…
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