Europe

Tsakos VLCC wins storage contract

February 13th, 20150 Athens: A VLCC owned by New York-listed Tsakos Energy Navigation (TEN) has won a six-month storage contact from Petrobras. The timecharter for the 301,200-dwt...

ABN Amro cooperates with Sinosure

February 13th, 20150 Beijing: Dutch bank ABN Amro has signed a memorandum of understanding with China Export & Credit Insurance Corporation (Sinosure) for the development of shipping and...

Odfjell opens saving account

February 11th, 20150 Oslo: It’s no secret that the traditional Bergen-based shipowner Odfjell has not earned money in half a decade and is struggling in the depressed market. The bottom...

Prime Marine sells LR1 tankers to Hafnia

February 10th, 20150 Athens: Greece’s Prime Marine Management has sold four modern LR1 products tankers to Danish owner Hafnia Tankers for an undisclosed sum. Prime Marine has sold the...

Major owners form Capesize pool

February 10th, 20150 Athens: Major vessel operators Bocimar International, C Transport Maritime, Golden Union Shipping, Golden Ocean and Star Bulk Carriers have formed a new joint-venture...

Farstad Shipping beats a retreat

February 10th, 20150 Oslo: Only days after Norway’s biggest offshore owner decided to discontinue shipping operations in Aberdeen another retreat has been signaled by Farstad Shipping to...
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