Europe
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Medlog buys its largest ship
Medlog, MSC’s dedicated Turkish subsidiary, has taken on its largest boxship to date. The 2,207 teu will be deployed on…
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LGR di Navigazione exits MR segment, eyes gas
Naples-headquartered LGR di Navigazione is on the verge of selling the last two tankers in its fleet. Brokers report that…
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Production resumes at Tambar following fatal accident on Maersk jackup
Production started up again yesterday on the Tambar field following last week’s fatal accident on Maersk Drilling jackup rig . The…
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Viking Supply Ships gets support for financial restructuring
Swedish offshore vessel owner Viking Supply Ships has obtained support for a restructuring proposal from all of its senior lenders,…
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Concordia adds product tanker on charter, extends another
Sweden’s Concordia Maritime has sealed a deal to charter in an IMO2/3 class MR tanker while also extending the charter…
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Solstad Farstad offloads anchor handler
Solstad Farstad subsidiary Farstad Supply has sold 1993-built anchor handling tug supply vessel . The vessel, which is currently laid…
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FrontMarine orders eight ultramaxes at New Times
Cyprus’s FrontMarine is in for eight 63,000 dwt bulkers at New Times Shipbuilding with brokers Allied reporting a cheap price…
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MPC Container Ships acquires Harmstorf boxship trio
Fast growing German feeder specialist MPC Container Ships has entered into agreements to acquire three boxships from compatriot Reederei Harmstorf…
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Jumbo opts for dual-fuel heavylift crane vessel
European heavylift giant Jumbo has signed a letter of intent with China Merchants Industry Holdings to build a revolutionary ship.…
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Akastor announces new CEO as Kristian Røkke takes on investment role at Aker
Akastor has appointed Karl Erik Kjelstad as its new chief executive officer from January 1, 2018. Kjelstad succeeds Kristian Røkke…
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Triton Partners takes geared boxship
Private equity concern Triton Partners has picked up a four-year old Chinese built geared boxship. Triton is paying $13m for…
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Glomar Offshore lands standby vessel contract in Gabon
Dutch offshore support vessel operator Glomar Offshore has fixed 1986-built standby vessel to compatriot Rederij Groen for a seasonal term…
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Endre Hermansen buys into Fred. Olsen Energy
Investor Endre Hermansen, the eldest son of the late shipowner and politician Folke Hermansen from Stavanger, has bought 408,530 shares…
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TEN wins new charters
New York-listed Greek tanker owner Tsakos Energy Navigation (TEN) has announced new charters for three of its vessels worth over…
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FSL Trust confirms feeder boxship sale to MPC
Struggling Singapore shipping trust First Ship Lease Trust has confirmed the sale of 2003-built feeder boxship to Germany’s MPC Container…
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Maritime a dangerous work environment for sexual harassment: YoungShip
Top leadership at YoungShip, the non-profit organisation for young people working within the global maritime industry, have issued an open…
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Bariba’s exit from shipping falls through
Greek owner Bariba Corp has yet to exit shipping, sources tell Splash. One month after Eastern Mediterranean made headlines for…
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Cosmoship in for four feeders
Greece’s Cosmoship Management has ordered four 1,500 teu boxships at Guangzhou Wenchong in China, Clarksons Research is reporting in its…
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Transocean faces potential liquidity issues as lawsuit is filed against subsidiary
A lawsuit has been filed against an indirect subsidiary of Transocean which could affect its ability to draw on a…
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Aker BP confirms death in Maersk Drilling jackup accident at Tambar
Aker BP has confirmed that a Maersk Drilling employee has died following an accident on Maersk Drilling jackup on Thursday…
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