Europe
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11 crew kidnapped from German boxship off Nigeria
Over the weekend pirates boarded a Liberian flagged containership off the coast of Nigeria, seizing 11 crew including eight from…
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DryShips pays $198.5m for four Economou ships
DryShips has revealed it has bought four ships from its chairman George Economou. DryShips is paying $198.5m for three modern…
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Wilson adds six more mini-bulkers
Norway’s mini-bulker giant Wilson has bought six older ships from the Strømberg Group, paying for the vessels in shares. The…
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Okeanis Eco Tankers secures funding for VLCC pair
Okeanis Eco Tankers, the Oslo-listed Alafouzos family tanker vehicle, has secured two loan facilities for a total of $116.3m with…
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BP awards jackup contract to CIMC Raffles
Energy giant BP has awarded a front end engineering design (FEED) contract to Chinese offshore yard CIMC Raffles for a…
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S-Bulkers proves adept at asset plays with latest handy sale
Athens-based S-Bulkers has made a very neat asset play. In January it decided to add its fifth bulker to its…
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CMB eyes first hydrogen-powered bulker as early as 2023
Belgian shipowner CMB Group is looking to adopt alternative clean fuel in the future as a way to deal with…
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Gordon Dadds acquires Ince & Co
Two London-based law firms Gordon Dadds and Ince & Co International are set to merge, after Gordon Dadds agreed to…
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Union Maritime exits supramax sector
Brokers tell Splash British owner Union Maritime has committed its supramax for around $10m, giving it a tidy $2m profit…
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Alios Bulkers panamax snapped up by Eastern Mediterranean
Thanassis Martinos-led Eastern Mediterranean Maritime (Eastmed) has acquired 2004-built panamax buker from Livanos company Alios Bulkers, according to broking sources.…
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EMGS awarded South American survey contract
Seismic survey specialist Electromagnetic Geoservices (EMGS) has been awarded a proprietary data acquisition survey contract in South America. The contract,…
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Bunge, Cargill, ADM and Louis Dreyfus join forces to digitise agrishipping
Four of the largest grain traders in the world are partnering to seek ways to digitise shipping transactions. Archer Daniels…
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CMA CGM moves to acquire CEVA Logistics
French containerline CMA CGM has moved to buy out the remaining shares in CEVA Logistics. The Marseille-headquartered line already has…
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Ocean Yield seals chemical tanker leaseback deal with Ardmore Shipping
Norway’s Ocean Yield has acquired two 2015-built chemical tankers from Irish owner Ardmore Shipping, and will charter them back on…
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Top Ships fixes MR1 tanker to Clearlake
Greek tanker owner Top Ships has entered into a time charter contract with Clearlake Shipping 2015-built MR1 product/chemical tanker .…
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Sulphur cap experience-building phase on hold
Europe – with the notable exception of Malta – held firm yesterday in discussions at the headquarters of the International…
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Marinakis makes waves in the aframax sector
Evangelos Marinakis has clearly noted tanker bargains are there to be had. Having kept his powder dry all year when…
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Norwegian Shipowners’ Association: High quality, ambition and a desire to explore
It’s about more than maritime. Harald Solberg, CEO of the Norwegian Shipowners’ Association, sees a world of opportunity from his…
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Azerbaijan Caspian Shipping sets up tanker jv with Columbia
Azerbaijan Caspian Shipping Company (ASCO) and Columbia Shipmanagement have entered into a memorandum of cooperation to set up a joint…
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Uljanik workers on strike again
Over 1,000 workers from financially troubled Croatian shipyard Uljanik started a strike again this week over unpaid salaries following a…
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