Europe
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European Commission investigates possible Polish state aid for its shipyards
The European Commission yesterday opened an investigation into tax incentives for shipyards in Poland. The commission believes Warsaw’s flat-rate tax…
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Turkey to construct canal to alleviate traffic in the Bosphorus
Turkey is to start construction this year of a 45 km canal to ease traffic on the Bosphorus. The Kanal…
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Maindeck: Ship repair portal takes shape
Maindeck, a Norwegian portal designed to simplify the complex process of drydocking, is taking shape. Maindeck is a cloud-based software…
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Sevan Marine to build new FPSO for Shell at Penguins
Norway’s Sevan Marine will build one of its cylindrical FPSOs for Shell, who have made the final investment decision for…
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Handymax containership runs aground at Chittagong Port
Handymax containership ran aground at Bangladesh’s Chittagong Port in heavy fog yesterday, hindering the shipping activities of the port. According…
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Chios Navigation contracts first newbuild since 2012
Brokers tell Splash that Greece’s Chios Navigation has ordered its first newbuilding in six years, shaking hands with yard representatives…
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Reach Subsea and MMT seal expanded agreement with Statoil
Reach Subsea, in collaboration with MMT Sweden, has secured a renewal and expansion of a frame agreement with Statoil covering…
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MOL completes takeover of Dutch crewing firm
Japan’s largest shipping line, Mitsui OSK Lines (MOL), has taken full control of European manning company Azalea Maritime. The Dutch…
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69% of Danish shipowners hit by cyber crime in the past year
A survey carried by the Danish shipowners association has found that 69% of 26 local owners were hit by cyber…
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Damen clashes with Romanian PM over Mangalia yard takeover
Dutch shipbuilding group is still confident it can take over Romania’s largest shipyard despite the deal hitting a serious snag…
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Union Maritime tanker goes missing off Benin
UK-based Union Maritime says it has lost communication with 2005-built oil products tanker , which was at anchor off Benin,…
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RBD Armatori declared bankrupt
Naples-based shipping company RBD Armatori was formally declared bankrupt by the Court of Torre Annunziata on Thursday. A few weeks…
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Baltic Exchange readies LNG index
In line with its new owner’s keenness to be at the front of the LNG markets the Baltic Exchange has…
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D’Amato’s last bulk carrier finally secures Jamaican exodus
The 2011-built bulk carrier , after being arrested a year ago in the port of Kingston, Jamaica, has finally been…
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Nexans buys out subcontractor with renewables in mind
Cablelayer Nexans continues to position itself as one-stop shop for all cable needs. The French firm has just acquired BE…
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Bourbon teams with Bureau Veritas in smart OSV drive
French offshore giant Bourbon has signed a partnership with compatriot class society Bureau Veritas to develop and deploy automation and…
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Tsakos seals sale and leaseback of suezmax pair
Greek tanker owner Tsakos Energy Navigation (TEN) has announced that it has sold two of its suezmaxes for $65.2m via…
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Concordia Maritime brings in more product tankers
Sweden’s Concordia Maritime is preparing for an expected market upturn with the chartering in of two more MR tankers, while…
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Boston Carriers acquires handymax bulker
Greece’s Boston Carriers has announced the acquisition of a 1996-built 46,000 dwt dry bulk vessel. In a complex arrangement, the…
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Simon Møkster PSV awarded Lundin contract
Stavanger-based offshore vessel owner Simon Møkster Shipping has been awarded a contract by Lundin Norway for 2016-built platform supply vessel…
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