Europe

Investors sue OW Bunker for $120m

June 26th, 20150 Athens: Danes who invested in OW Bunker's initial public offering (IPO) are suing the now-defunct bunker supplier for DOK 800m ($120m). OW Bunker applied for...

Havila scores Premier Oil PSV contract

June 26th, 20150 Oslo: Havila Shipping has won a charter contract with Premier Oil UK for PSV Havila Crusader (5,433 dwt, built 2010). The contract is for a firm two years on market...

Torm’s restructuring nearly complete

June 26th, 20150 Copenhagen: In another important milestone along the way of the restructuring of Danish line, Torm, its lenders have approved a scheme of arrangement for each of its...

Peter Jenkins appointed 4Subsea CEO

June 26th, 20150 Oslo: Viking Ventures subsea technology company 4Subsea has appointed Peter Jenkins, one of the founders of the company, as its new CEO. Jenkins is tasked to...

Exmar secures $200m financing from ICBC

June 25th, 20150 Brussels: Exmar has scored a massive financing coup in front of the Chinese president and the king of Belgium. The Nicholas Saverys-led has firm has signed a $200m...

Star Bulk offloads another

June 25th, 20150 Athens: NASDAQ-listed drybulk owner Star Bulk has announced the sale of panamax dry bulk vessel Star Christianna (74,577 dwt, built 1998). The company did not reveal...

Andreas Nordseth: Five points to run IMO

June 24th, 20151 Copenhagen: In the fifth interview out of the six candidates running for the post of secretary-general of the International Maritime Organization Maritime CEO heads to...
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