Europe
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Havila Shipping disposes of PSV
Havila Shipping has entered into an agreement for the sale of its 1996-built platform supply vessel as part of its…
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Norden joins Maersk in downgrading full year forecast
Citing the “very weak” tanker spot market, Norden has become the second Danish owner in consecutive days to lower its…
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D’Amico seals another sale and leaseback deal
Italian owner d’Amico International Shipping has announced that its Irish subsidiary d’Amico Tankers has reached an agreement with an unnamed…
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Solstad Farstad renews SBM Offshore deal
Solstad Farstad has renewed its frame agreement with SBM Offshore for 2019 and 2020. Under the latest agreement, SBM Offshore…
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Maersk shares rally despite profit warning
Investors surprised the market yesterday, backing Denmark’s largest shipping group despite a profit warning. Shares in AP Moller-Maersk rose as…
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Arkon forms boxship chartering firm
A new German boxship chartering firm has been launched. Arkon Shipping has joined forces with five German owners to create…
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Hanseaticsoft: Cloud clears way for shipmanagers
Hamburg-based shipmanagement software provider Hanseaticsoft is well on track for expansion with its cloud-based software. Following a significant investment by…
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DOF Subsea wins new IMR contracts
Norway’s DOF Subsea has been awarded several inspection maintenance and repair contracts. In the Atlantic region, MHI Vestas Offshore Wind…
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Rem Offshore acquires Emas Offshore PSV
Norwegian OSV operator Rem Offshore has acquired the 2012-built PSV from struggling offshore firm Emas Offshore, part of Singapore’s Ezra…
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COSL scores Nexan drilling contract at Buzzard
COSL Drilling Europe has been awarded a contact by Nexen Petroleum for semi-submersible rig to drill at the Buzzard Phase…
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DP World acquires Unifeeder for $764m in new chapter for containerisation
The global container shipping industry today experienced its next phase of consolidation with a leading Middle Eastern terminal operator snapping…
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UK P&I Club opts for Rotterdam as post-Brexit base
Another big name in British ship insurance is making Brexit relocation plans. The UK P&I Club has revealed to Reuters…
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Maritime UK makes the case for extending the timeframe of the UK’s departure from the EU
Lobby group Maritime UK has urged the British government and European Union to extend the Article 50 process if a…
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Magseis awarded contract extension in the Middle East
Norwegian seismic service specialist Magseis has been awarded an extension for a cable operation in the Middle East. The company…
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Scorpio Bulkers seals new $184m loan
Emanuele Lauro’s Scorpio Bulkers has received a commitment from Nordea and Skandinaviska Enskilda Banken for a loan facility of up…
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Prosafe awarded contract extension by BP
Offshore accommodation platform operator Prosafe has awarded an option by BP Exploration Operating Company to extend the charter of 1982-built…
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Drunk Russian master arrested in Sweden
Swedish authorities have referred another seafarer to a local court for being found to be intoxicated as his ship ran…
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Hermes opts for up to eight Chinese kamsarmaxes
Clarksons Research is reporting in its latest weekly report of a bumper bulker order coming from Greece. Hermes Marine Management…
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Prosafe agreement with Cosco sees major financial transformation
Cyprus-headquartered accomodation vessel owner Prosafe has reached an agreement with Cosco allowing for the flexible delivery of three previously stalled…
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Star Bulk completes Augustea acquisition
New York-listed Greek dry bulk owner Star Bulk Carriers has completed its acquisition of 16 bulkers from Augustea Atlantica and…
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