Europe
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Euronav lifts VLCC purchase option
Euronav has taken back full ownership of one of its VLCCs it had under a sale and leaseback deal in…
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Navios Partners in for more tanker newbuilds
Greece’s Navios Maritime Partners is strengthening its tanker fleet with a deal for four aframax/LR2 newbuilds. The Angeliki Frangou-led diversified…
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Boomsma Shipping and Leonhardt & Blumberg link up for up to eight newbuilds in India
Dutch owner Boomsma Shipping and Germany’s Leonhardt & Blumberg Shipmanagement have teamed up to order a series of up to…
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Vårgrønn and Flotation Energy advance Scottish 1.9 GW floating wind scheme
Flotation Energy and Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, have signed exclusivity agreements for two floating offshore…
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Corio sets sights on Greek offshore wind market
Corio Generation has moved to explore opportunities for offshore wind development in Greece Macquarie’s offshore wind portfolio company has teamed…
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Havila Shipping seals another Equinor PSV extension
Norwegian OSV owner Havila Shipping has secured another vessel contract extension with Equinor. The Norwegian energy major has fixed the…
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Dynacom selects Yangzijiang for LR1 pair
George Procopiou’s Dynacom Tankers Management has put pen to paper for a pair of 75,000 dwt LR1 product tankers at…
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Diana Shipping fixes out bulker to Western Bulk Carriers
Greek bulker owner Diana Shipping has entered into a time charter contract with Western Bulk Carriers for one of its…
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Hayfin signs for methanol-ready suezmaxes in South Korea
Hayfin Capital Management has placed an order for up to four methanol-ready suezmax tankers in South Korea. The UK alternative…
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Africa Finance Corporation sells Takoradi Port stake to Yilport
African development finance institution Africa Finance Corporation (AFC) has sold its 35% equity investment in Atlantic Terminal Services Limited (ATSL),…
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Costamare ships out elderly supramaxes
Greek owner Costamare has disposed of two older supramax bulkers as part of the company’s fleet renewal move. The New…
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World’s first ammonia-powered boxship set to deliver in 2026
Yara Clean Ammonia, part of Norwegian ammonia and fertilizer manufacturer Yara, and fellow liner operator North Sea Container Line have…
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Valaris secures $480m worth of new deals and extensions
Offshore driller Valaris has been awarded a number of new contracts and contract extensions, with an associated contract backlog of…
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Maritime Craft Services orders CTV trio in Finland
Finnish shipbuilder Uudenkaupungin Työvene has won an order for three hybrid-ready SWATH CTVs from the Scottish company Maritime Craft Services.…
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Solstad offloads laid-up AHTS
Norwegian offshore vessel owner Solstad has sold its fifteen-year-old anchor handling tug supply unit . The sale will result in…
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Japanese firm invests in Norwegian fuel cell developer
Japan’s Yokogawa Electric has bought into Norwegian fuel cell developer TECO 2030. Yokogawa’s investment in TECO 2030 by way of…
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Growth of the shadow fleet has made Russian oil price cap ‘unenforceable’: World Bank
Russia’s swift build-up of a so-called shadow fleet of tankers – estimated to number more than 600 ships – has…
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Chris Stedman exits Petredec in deal with the Fearn family and Bahri
Gas shipowner and trader Petredec has a new ownership structure following the exit of former director Chris Stedman. The Fearn…
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IACS membership back up to 12 with addition of Türk Loydu
The membership at the International Association of Classification Societies (IACS) is back up to 12. In March last year, the Russian…
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Imza Marine buys first VLCC
Turkey’s Imza Marine has bought its first VLCC. The low-profile tanker player has tabled some $32.5m in recent months, adding…
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