Europe
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Simatech snaps up Borealis boxship
Christoph Toepfer-led Borealis Finance has completed its second containership sale this week, letting go of the 2006-built 2,824 teu .…
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James Fisher acquires Brazilian subsea firm
James Fisher and Sons has acquired a 60% stake in Continental Participação E Administração, the holding company of Brazilian subsea…
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Bourbon gets court approval to open rehabilitation proceedings
Bourbon Corporation and subsidiary Bourbon Maritime has had French courts approve its request to open redressement judiciaire (rehabilitation proceedings). Bourbon had…
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TGS set to complete Spectrum acquisition
Norwegian seismic specialist TGS-NOPEC Geophysical is set to complete the acquisition of Spectrum, a deal announced in May. All the…
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Yasa finally finds buyer for kamsarmax
After more than a year on the sales block Turkey’s Yasa Shipping has finally sold the 82,000 dwt for $11.5m.…
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Hapag-Lloyd to fine shippers $15,000 per box for any misdeclared hazardous cargoes
With misdeclared hazardous cargoes sparking many dangerous fires on boxships around the world, Germany’s top liner has taken severe action…
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Iran’s president vows to deny UK ships access to Strait of Hormuz
The United Kingdom cannot use the Strait of Hormuz for as long as Iran is denied passage through the Strait…
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Solstad Offshore offloads PSV
Norway’s Solstad Offshore subsidiary Farstad Supply has sold 1999-built Brazilian-flagged platform supply vessel . The sale has been completed, with…
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Borr Drilling awarded another Pemex jackup deal
Tor Olav Troim’s Borr Drilling has been awarded an additional jackup rig contract by Mexico’s Pemex. Borr currently has two…
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Saipem to set up spool-base in the US
Italian offshore contractor Saipem has announced that it will establish a spool-base on Greenwood Island, Mississippi, to support pipelay vessel…
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DOF secures PSV contract from Esso
Norwegian OSV operator DOF has been awarded a five-year contract by Esso Australia for the deployment of PSV Skandi Feistein.…
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Borealis sells boxship to Conbulk
Christoph Toepfer-led Borealis Finance has announced the sale of its 2005-built 2,478 teu containership for a price of $8m. Splash…
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Britain joins US mission to patrol Strait of Hormuz
Under new prime minister Boris Johnson, the UK has decided to join a US-led coalition to safeguard shipping through the…
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Harland and Wolff goes into administration
Harland and Wolff, a UK shipyard with a history of more than 150 years, has appointed administers and is likely…
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Performance Shipping seals move into tanker sector
Symeon Palios and Performance Shipping has sealed a move into the tanker sector, taking delivery of an aframax tanker which…
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Euronav sells oldest VLCC
Belgian owner Euronav has sold 2005-built 305,261 dwt VLCC , the oldest VLCC in its fleet. VK Eddie was the…
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Drunk master runs ship aground twice at Riga
General cargo ship ran aground twice while it was leaving port of Riga in Latvia on Friday. According to local…
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Control of chemical tanker owner Finbeta goes to newcomer Chemtank
Savona-based Finbeta, a shipping firm founded by the Bertani family and active in the chemical tanker business with a fleet…
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Saras set to start bunkering operations in Cagliari
Saras Group, which operates the refinery plant based in Sarroch, announced in its most recent half year financial report that…
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Awilco LNG refinances fleet
Norway’s Awilco LNG has agreed a deal with an Asian-based leasing company for the refinancing of the company’s two 2013-built…
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