Europe
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CMA CGM containership and cargo ship collide near Hong Kong
French containership operator CMA CGM’s 9,415 teu post panamax boxship collided with Chinese general cargo ship Yusheng366 near Hong Kong…
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Prosafe wins new North Sea contracts
Cyprus-based accommodation vessel operator Prosafe has been awarded two contracts for operations in the UK sector of the North Sea.…
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Diana Shipping fixes kamsarmax to Glencore
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for its 2010-built kamsarmax…
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Skov set to reign at merged Hafnia/BW product giant
Hafnia Tankers’ shareholders will vote on January 10 whether or not to proceed with a merger with Andreas Sohmen-Pao’s BW…
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Shippers demand end to European consortia block exemption
The Global Shippers Forum (GSF has called upon the European Commission to revoke and replace the Consortia Block Exemption Regulation…
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Subsea 7 and OneSubsea awarded contract by BP
Subsea has announced the award of contract by BP for the Manuel project in the US Gulf of Mexico to…
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Shipping lobbyists unite in calling on Europe to extend liner block exemption regulation
Four trade associations representing the international liner shipping industry yesterday submitted comments to the European Commission supporting a controversial extension…
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Tim Ponath takes over from his father at NSB
Tim Ponath will take over from his father, Helmut, as the CEO of German shipping company Reederei NSB from the…
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Höegh LNG wins Crib Point FSRU contract
Höegh LNG has entered into a 10-year time charter party with AGL Energy for an FSRU at its proposed gas…
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Saipem scores $1.2bn worth of additional work offshore Egypt
Italian contractor Saipem has negotiated with Petrobel an offshore contract addendum worth more than $1.2bn for engineering, procurement, construction and…
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Solstad Offshore secures payment suspension with lenders
Solstad Offshore has secured from lenders a suspension and deferment of the payment of both principal and interest on the…
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Chandris (Hellas) joins CTM supramax pool
John Michael Radziwill’s Monaco-based C Transport Maritime has announced that Chandris (Hellas) has joined its Supramax Revenue Sharing Agreement pool.…
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Harland and Wolff up for sale again
A famous name in British shipbuilding is seeking new owners. Harland and Wolff, the giant Northern Irish yard that built…
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Diana Shipping fixes capesize to SwissMarine at reduced rate
Greek dry bulk owner Diana Shipping has entered into a time charter contract with SwissMarine for 2011-built capesize dry bulk…
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Aker Solutions awarded contract for Jotun A FPSO life extension
Vår Energi, formed by the recent merger of Point Resources and Eni Norge, has awarded a FEED contract to Aker…
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Solstad Offshore financial restructuring moves closer with bondholder agreement
Norway’s Solstad Offshore, which initiated discussions with lenders to restructure its finances in October, says that bondholders have supported the…
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John Fredriksen lifts stake in Avance Gas
John Fredriksen has acquired more shares in Norwegian pure-play VLGC owner Avance Gas, taking his stake to just over 20%.…
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Navigazione Montanari seals big sale and leaseback deal with Sole Shipping
Fano-headquartered Navigazione Montanari has successfully completed a complex refinancing transaction of its existing $300m debt exposure with its long-term financing…
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TMS Cardiff Gas confirms LNG carrier orders for Shell charters
TMS Cardiff Gas has announced the signing of contracts with Hyundai Heavy Industries and Samsung Heavy Industries for the construction…
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Ship runs aground in Turkey amid stormy conditions triggering tricky evacuation
Turkish emergency services were called into action to help evacuate 16 crew from an old general cargo ship that ran…
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