Europe
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‘Great platform to build on’: Scorpio’s Lauro on Nordic American Offshore takeover
A jubilant Emanuele Lauro yesterday completed the takeover of Nordic American Offshore (NAO) cementing Scorpio Group’s full-on entry into the…
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Avance Gas: On the hunt for more VLGCs
Christian Andersen is disappointed with some of his peers in the VLGC markets this month for accepting lower rates; the…
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Tufton Oceanic makes product foray
Busy British private equity concern Tufton Oceanic has made its first ship investments since the end of July including an…
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Navig8 Chemical Tankers seals double sale and leaseback with AVIC
Navig8 Chemical Tankers has sold two 37,000 dwt product tankers to China’s AVIC International Leasing and will charter them back…
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Shearwater GeoServices awarded new projects
Offshore seismic specialist Shearwater GeoServices has been awarded two new projects in the Arabian Sea. Eni Oman in partnership with…
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Diana Shipping gets new charter for panamax bulker
Greek dry bulk owner Diana Shipping has sealed a new charter for 2013-built panamax . The vessel will go out…
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Oaktree cites ‘extremely challenging operating environment’ as Hansa Heavy files for insolvency
Oaktree, the American private equity backers of bust Hamburg line Hansa Heavy Lift, has cited the dire market conditions for…
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Saipem hit by Chennai cyber attack
Italian drilling operator Saipem’s servers were hit by a cyber attack originating in Chennai yesterday. The attack mainly hit the…
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Swap shop of shipping launches
The former head of United Arab Chemical Carriers (UACC) CEO Per Wistoft has returned to the industry with an exciting…
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Global Ship Lease fixes two more boxships to CMA CGM
Global Ship Lease has chartered out two boxships to CMA CGM for a period of five years. The 2015-built 6,882…
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Maersk Broker and Wonsild merge dry bulk operations
There’s no end in sight to the rash of mergers among shipbrokers. Wonsild Dry will merge with and become a…
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OSG extends charters of nine tankers from American Shipping Company
Overseas Shipholding Group (OSG) has exercised options to extend the bareboat charters of nine handysize product tankers it has on…
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Hansa Heavy Lift, Beluga successor, goes belly up
Hansa Heavy Lift, the Hamburg-based successor to Beluga Shipping, is insolvent according to multiple sources in Germany and the UK.…
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BW Offshore sells FSO for recycling
BW Offshore has signed an agreement to sell 1980-built FSO for recycling. Belokamenka, a 360,700 dwt ultra large crude carrier,…
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Turkish port to gain Central Asian rail link
In a potential sizeable shift for cargoes heading to Europe, the Turkish ministry of transport, shipping and communications has announced…
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Aldo Grimaldi passes away at the age of 96
Aldo Grimaldi, chairman of the Genoa-based Grimaldi Holding and former president of the Italian shipowners’ association Confitarma, has passed away…
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Maersk debuts alternative cargo insurance offering
Maersk is expanding its commercial offering, introducing Value Protect, an extended liability solution. It offers customers an alternative to cargo…
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Unique’s latest sale shows MR uptrend in values
Unique Shipping from Hong Kong is developing strong ties with Denmark’s Celsius Shipping. Clarkson reports in its latest weekly report…
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Angelicoussis back at DSME for another LNG carrier
Daewoo Shipbuilding & Marine Engineering (DSME) has bagged another order from one of its most loyal customers. John Angelicoussis’s Maran…
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NYK adds two more LNG carriers at Samsung for Total charter
Japan’s NYK has ordered a pair of 174,000 cu m LNG carriers from Samsung Heavy Industries as part of a…
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