Europe
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Cosco overhauls Maersk into top spot in container liftings
Cosco’s all out assault to become the world’s top containerline is yielding results. Analysts at Alphaliner report that Cosco, aided…
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Bibby Offshore financial restructuring sees noteholders take over
Bibby Offshore has reached agreement with noteholders on the recapitalisation of its balance sheet in a deal which will see…
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Boskalis picks up Harkand DSV pair
Dutch dredging and offshore services company Royal Boskalis Westminster has strengthened its fleet with the addition of two 2011-built diving…
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HMM denies Zodiac chartering deal
Hyundai Merchant Marine (HMM) from South Korea has denied it has sealed a deal to take five 11,000 teu boxship…
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Sovcomflot in for more Samho aframaxes
One of the most aggressive buyers of aframax newbuilds this year is back in South Korea for more. Broker Intermodal…
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Turkey’s Yasa in for ultramaxes at NACKS
Yasa Shipping from Turkey is finally closing in on an ultramax buying binge. Having been linked with orders in China…
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Zodiac orders five 11,000 teu ships to go on charter to HMM
Zodiac Maritime has ordered five 11,000 teu ships for delivery in 2019. The scrubber-fitted vessels will go on time charter…
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South Korea’s antitrust watchdog throws Maersk a curveball in its pursuit of Hamburg Sud
Maersk Line’s takeover of Hamburg Sud has hit a speed-bump in South Korea where the local antitrust watchdog has demanded…
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E.R. Group revives Blue Star name with launch of shipping investment vehicle
Hamburg-based E.R. Group, mostly known for its shipowning and management arm E.R. Schiffahrt, has launched a new vehicle to develop…
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D’Amico sells and charters back product tanker
D’Amico International Shipping subsidiary d’Amico Tankers has sold 2005-built medium range product tanker for a price of $14.14m. D’Amico says…
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DOF Subsea wins several new contracts
Norway’s DOF Subsea has been awarded several contracts in the subsea IMR projects segment. DOF has been awarded a new…
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MPC Container Ships acquires entire Cido boxship fleet for $130m
MPC Container Ships, the fast growing feeder specialist set up by Germany’s MPC Capital, has announced a deal for the…
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Rodolphe Saadé takes over as chairman at CMA CGM
France’s CMA CGM has announced that Jacques Saadé has passed the baton of the chairman’s role at the company to…
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Marnavi: Trucker of the sea faces challenges head on
Naples-based Marnavi is one of the few shipping companies in Italy which was not involved in restructuring processes in recent…
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Thenamaris orders aframax pair at Sumitomo
Having kept its powder dry all year Greek shipping giant Thenamaris has finally made a move. Clarkson Research reports the…
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Eurotankers bags secondhand suezmax for $18.8m
CEPSA from Spain have sold the 2004-built , a suezmax that notched up significant interest from buyers. Clarkson Research reports…
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Diana Shipping fixes capesize to SwissMarine
Greek dry bulk owner Diana Shipping has sealed a time charter contract with SwissMarine Services for 2002-built capesize . The…
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OOS International and Jiangsu Fanzhou form offshore heavy lift alliance
Dutch offshore heavy lift and accommodation specialist OOS International has formed a strategic alliance with Chinese offshore services company Jiangsu…
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Höegh LNG axes FSRU newbuild charter with GEI Pakistan
Norway’s Höegh LNG has terminated a contract with Global Energy Infrastructure (GEI) for the charter of FSRU #9, currently under…
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Ridgebury Tankers snaps up Euronav VLCC
Belgium-based tanker owner Euronav has sold its 2001-built VLCC to Bob Burke’s Ridgebury Tankers for $22m. Euronav logged a gain…
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