Europe
-
Singapore takes 10% stake in MSC’s terminal company
GIC, Singapore’s sovereign wealth fund, has acquired a 10% interest in Terminal Investment Limited (TIL), the sixth largest container terminal…
Read More » -
Per Ekmann appointed CEO of Uni-Tankers
Danish tanker owner Uni-Tankers, part of Torben Østergaard-Nielsen’s United Shipping & Trading Company, has appointed Per Ekmann as its new…
Read More » -
Moundreas makes tidy profit from VLCC asset play
Nicholas G Moundreas’s NGM Energy sale and purchase department is busy. Less than two weeks after taking two suezmaxes from…
Read More » -
Shell exercises options on Awilco Drilling decommissioning contract
Norway’s Awilco Drilling has confirmed that Shell UK has decided to exercise two options for 1983-built semi-submersible rig , covering…
Read More » -
Dajin Heavy partners up with Yangzijiang for bulker order
Dajin Heavy Industry, the subsidiary yard of financially troubled Shanghai Bestway Marine & Energy Technology, has partnered up with Yangzijiang…
Read More » -
DryShips buys newcastlemax bulker from George Economou for $50m
NASDAQ Capital Market-listed shipowner DryShips has agreed to acquire a 2017-built newcastlemax dry bulk vessel from an entity connected to…
Read More » -
Fred. Olsen Windcarrier awarded turbine installation contract off Scotland
Fred. Olsen Windcarrier has been awarded a contract by MHI Vestas Offshore Wind for the transport and installation of 100…
Read More » -
Eni signs offshore exploration and production agreement in Bahrain
Following a joint study conducted in 2016 and the signing of a memorandum of understanding in January, Italian oil and…
Read More » -
Tankers to profit from contaminated Russian crude crisis
The halting of crude flows last week through Russia’s Druzhba pipeline following the contamination of supplies could have serious repercussions…
Read More » -
Neptune Dry snaps up a second ultramax from KN Maritime
Melina Travlos and her dry bulk outfit Neptune Dry Management have returned to Japan’s KN Maritime to acquire their second…
Read More » -
Diana Shipping finds new charter for panamax bulker at reduced rate
Greek dry bulk owner Diana Shipping has sealed a time charter contract for 2007-built panamax vessel with Ausca Shipping in…
Read More » -
TGS to acquire Spectrum
Norwegian seismic specialist TGS-NOPEC Geophysical has agreed a deal to acquire Spectrum, who owns the world’s largest 2D library. TGS…
Read More » -
Island Drilling rig awarded one-well contract by Faroe Petroleum
Norway’s Island Drilling has been awarded a contract by Faroe Petroleum Norge for the utilisation of 2012-built semi-submersible rig Island…
Read More » -
UK tipped to lead shipping’s hydrogen drive
The UK’s Committee on Climate Change (CCC), the government’s official advisory body, yesterday recommended it adopt a “net zero” goal…
Read More » -
Maersk invests in digital freight forwarder
FreightHub, Europe’s first digital freight forwarder, has raised $30m in its Series B financing round. Rider Global, a venture fund…
Read More » -
Thygesen to chair Maersk Supply Service
Henriette Thygesen, a 25-year Maersk veteran, has been tapped to lead the company’s 44-strong fleet of offshore support vessels. Thygesen,…
Read More » -
Oceaneering secures rig support contract from Wintershall
Houston-based Oceaneering International has been awarded a drilling and completion support contract for integrated services with Wintershall Norge. The contract…
Read More » -
Westgarth replaces El-Mokadem as CEO of V.Group
Less than two years after he was appointed CEO, V.Group has announced that Ian El-Mokadem is leaving the company. El-Mokadem…
Read More » -
Zeaborn buys CPO Tankers
Bremen’s shipping consolidator Zeaborn has made its next big acquisition, moving into the tanker segment by buying out Claus-Peter Offen…
Read More » -
Chinese sound out Uljanik takeover
The Chinese could come to the rescue of troubled Uljanik, Croatia’s largest shipbuilding group. A delegation from state-backed China Shipbuilding…
Read More »