Europe
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ESL Shipping pounces for Sweden’s AtoB@C
Shipping’s consolidation phase has turned to niche Scandinavian dry bulk names. ESL Shipping, a shipping company fully owned by Finnish…
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Euronav now owns the world’s last two ULCCs
Euronav now owns the only two remaining ULCCs in the world, having completed the $32.5m purchase of the from its…
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Frontline buys into scrubber manufacturer
John Fredriksen’s Frontline has agreed to acquire a 20% ownership interest in Indonesia-based scrubber manufacturer Feen Marine Scrubbers (FMSI). In…
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Frangou moves to weld her two tanker vehicles together
Navios Maritime Acquisition Corporation has moved to acquire the remaining publicly held units of Navios Midstream in a stock for…
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Sovcomflot and Novatek form gas shipping partnership
Russia’s state run shipping company Sovcomflot has signed a strategic cooperation agreement with Novatek, a major independent natural gas producer…
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I.M. Skaugen granted court protection in Singapore
Norwegian gas carrier operator I.M. Skaugen has been granted a three-month moratorium by the High Court of Singapore to preserve…
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Golden Energy Offshore secures PSV charter extension, snaps up new vessels
Norwegian OSV operator Golden Energy Offshore has secured a charter extension for its 2005-built platform supply vessel . The vessel…
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DOF Subsea awarded CSV contract by Petrobras
DOF Subsea has been awarded a contract by Petrobras for utilization of the company’s Brazilian-built construction support vessel . The…
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GoodBulk postpones New York IPO
Despite the buzz within the shipping industry surrounding this month’s announcement that Monaco-headquartered GoodBulk had filed to list in New…
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Maersk Supply Service and Vestas partner up on sustainable energy
Maersk Supply Service and Danish wind system developer Vestas have entered into an innovation partnership to jointly develop solutions and…
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Subsea 7 awarded Angola EPCI contract by Total
Subsea 7 has been awarded a major contract by Total E&P Angola for the engineering, procurement, installation and commissioning of…
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Diana Shipping secures $75m facility, unencumbering 17 vessels
Greek dry bulk owner Diana Shipping has signed a term sheet with BNP Paribas for a five year loan facility…
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KCA Deutag awarded North Sea drilling contract by Total
Aberdeen-based KCA Deutag has been awarded a new drilling contract by Total E&P UK for the North Alwyn and Dunbar…
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Northern Drilling semi-submersible lands Wintershall contract
John Fredriksen’s offshore investment vehicle Northern Drilling has won a drilling contract from Wintershall Norge for six wells at the…
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Viking Supply Ships sells PSV trio
Swedish OSV operator Viking Supply Ships has entered into an agreement to sell three platform supply vessels, 2007-built Freyja Viking…
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Maersk and MSC yank service as transpac spot rates slide towards triple figures
With spot rates on the transpacific to the US West Coast now being banded around for as low as $1,000…
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Xeneta launches container shipping index
Norwegian container freight rate benchmarking platform Xeneta has launched its own shipping index, which it claims will transform the way…
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Nova Marine Carriers orders 18 bulkers at Ningbo Xinle
Nova Marine Carriers has signed shipbuilding contracts with China’s Ningbo Xinle Shipbuilding for the construction of 18 mini bulk carriers.…
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Reach Subsea seals three-year IMR agreement with Equinor
Norwegian OSV operator Reach Subsea a frame agreement by Equinor for survey and inspection, maintenance and repair (IMR) services offshore…
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Total commits to LNG bunker supplies in Singapore
Total and state-backed Pavilion Energy, through their subsidiaries Total Marine Fuels Global Solutions and Pavilion Gas, have signed heads of…
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