Europe
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Offshore layoffs hit equipment suppliers as TTS Offshore Solutions makes redundancies
TTS Offshore Solutions today announced plans to lay off workers, showing equipment suppliers are not immune to the strain of…
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Australia hits out at Shell’s merger with BG
Shell’s planned merger with BG has hit a speed bump. The Australian Competition and Consumer Commission (ACCC) has warned the…
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MSC takes over 45% stake in Trieste box terminal
Following years of rumours and negotiations on several potential investors, finally TO Delta Group found in containerline giant MSC the…
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After the Lord Mayor’s show
Shipping calendars these days are so frenzied that as soon as one event ends, a raft of others hove into…
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Metrostar buys tanker and bulker from Seaarland
Metrostar Management Corp has a deal on subjects to buy a panamax bulker and an aframax tanker from Netherlands-based Seaarland…
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Cyber-security is crucial for shipping, says ABS CEO and new IACS chairman
Christopher Wiernicki, chairman, president and CEO of ABS, has said that cyber-security tops his list of objectives to be tackled…
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North Energy cuts staff and costs amid ‘deteriorating market conditions’
Norway’s North Energy is to implement additional redundancies and cost-cutting measures from 2016, which the oil and gas producer hopes…
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Diana Containerships gets $148m loan, extends panamax timecharter
Diana Containerships has secured a new six-year loan from the Royal Bank of Scotland (RBS) for $148m, and has extended…
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Global Maritime Investments files for bankruptcy
Global Maritime Investments Cyprus filed for chapter 11 bankruptcy protection in New York on Tuesday and is to liquidate its…
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General cargo ship and ferry narrowly avoid serious collision in the Dardanelles
The 2,637dwt Maltese-flagged general cargo vessel Ganda and Turkish ferry Erdemler 5 narrowly avoided a catastrophe this morning as they…
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Leghorn launching tender for new container terminal
In the coming weeks the port authority of Leghorn in Italy is to launch a new international tender for finding…
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Bergen Group’s pipe installation subsidiary goes bust
Norway’s Bergen Group has announced today that subsidiary, Bergen Group Skarveland, has resolved a petition for bankruptcy due to a…
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Seadrill cancels semi-sub order
John Fredriksen-controlled Seadrill has cancelled a contract for a semi-submersible at a South Korean yard. Seadrill notified Hyundai Heavy Industries…
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Georgia eyes China’s Silk Road initiative, plans Black Sea port
Georgia is looking to build a port on the Black Sea, taking advantage of China’s One Belt, One Road trade…
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NewLead fixes bitumen tanker on timecharter
NewLead Holdings has fixed one of its bitumen tankers to an undisclosed counterparty on a six-month timecharter with extension options.…
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Dynagas fixes nine VLGCs for Yamal LNG Project
Dynagas has fixed nine of its VLGCs on “long-term” timecharters to transport LNG from the Yamal LNG Project, located on…
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More action needed to prevent cargo theft, says IUMI
The International Union of Marine Insurance (IUMI) has said that more must be done to prevent cargo theft, after an…
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Concordia renews Total contract for P-MAX vessels
Concordia Maritime has renewed a contract with France’s Total for 12 months for two vessels. The contract also includes an…
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Zacchello family to refocus on tankers
The sale of the kamsarmax bulk carrier Tiare (83,700 dwt; built 2009) is another step forward for the Zacchello family…
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Evaland expands into LPG
Evalend Shipping is expanding into a new sector, following other Greeks of late into LPG. With Hyundai Mipo Dockyard in…
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