Europe
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Fratelli Cosulich adds a sixth bunker tanker in Singapore
Italian bunker trader and supplier Fratelli Cosulich announced it has just added a sixth vessel to its fleet in the…
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Tasik Subsea awarded $26.8m in arbitration with Fugro over Southern Star termination
Dutch offshore and seismic firm Fugro has been ordered to pay $26.8m to John Giddens-led Tasik Subsea in an arbitration…
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ShipServ appoints new CEO
Online procurement platform ShipServ has appointed Henrik Hyldahn as its new CEO, replacing Kim Skaarup who will join the board…
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Vroon secures ship management contract
Dutch owner Vroon has announced that its ship management unit VOS Singapore has secured a third-party ship management contract with…
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Heidmar and Signal join forces on aframaxes
George Economou’s Heidmar and Ioannis Martinos’s Signal Maritime Services have agreed a partnership which will see Signal take on the…
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Equinor targets near zero emissions by 2050 as part of new emissions reduction plan
Energy major Equinor has announced new climate ambitions to reduce absolute greenhouse gas emissions from its offshore fields and onshore…
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Top Ships exits MR1 product tanker segment with double sale
Evangelos Pistiolis led product tanker owner Top Ships has announced the sale of the two MR1 product tankers in its…
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Tarbit Shipping books up to four dual fuel chemical tankers at Yangzijiang
Swedish owner Tarbit Shipping has placed an order at China’s Yangzijiang Shipbuilding for the construction of up to four LNG…
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Court detains Dryships panamax bulker at Zhenjiang
Nanjing Maritime Court has arrested the 2017-built panamax bulker at Zhenjiang Port at the request of grain trader Sinograin. Sinograin…
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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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