Europe
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100-vessel target for MPC Container Ships
The fastest growing containership owner this year has just outlined plans to quadruple the size of its fleet. MPC Container…
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Pioneer Marine hands commercial operations to BaltNav
Singapore handysize specialist Pioneer Marine has placed the commercial operations of its entire fleet of 16 vessels into the hands…
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Diana Shipping fixes panamax bulker to Glencore
Greek owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for 2014-built ice class panamax bulker…
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Solstad Farstad offloads ageing PSV
Farstad Marine, a subsidiary of Solstad Farstad, has sold 1995-built platform supply vessel . The vessel was delivered today to…
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CMA CGM swoops for SOFRANA Unilines
French container shipping giant CMA CGM continues to strengthen its regional network, announcing the acquisition of SOFRANA Unilines, a line…
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Euroseas looks to merge container fleet with Poseidon
Greek owner Euroseas has signed a non-binding letter of intent with compatriot owner Poseidon Container Holdings Group to explore a combination of their…
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Navigare takes first ultramax
New Danish outfit Navigare Capital Partners has snapped up its first ultramax, broker sources tell Splash. Navigare, formed this March,…
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Creditors accept Chapter 11 restructuring plan for CGG
French geophysical services company CGG, which filed for Chapter 11 bankruptcy protection in the US in June, announced on Monday…
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Dong Energy to change name to Ørsted
As part of its transition from oil and gas company to offshore wind energy specialist, Denmark’s Dong Energy is changing…
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Navios fails to close on FSL Trust deal
Singapore’s First Ship Lease Trust has announced that a deal which would have seen Greek owner Navios Maritime Holdings acquire…
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ShipNEXT: LevelSeas meets Uber?
Monday’s Maritime CEO interview sees a Ukrainian maritime magnate lay claim to having developed the Uber of shipping, the Holy…
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Subsea 7 and OneSubsea awarded Fortuna LNG contract
Subsea Integration Alliance, a partnership between Subsea 7 and Schlumberger’s OneSubsea, has been awarded an integrated contract by Ophir Energy…
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Lomar concedes brand new boxship aground off New Caledonia will have to be scrapped
Lomar Shipping has conceded that its brand new 2,194 teu boxship will have to be scrapped. The vessel, delivered from…
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Triple acquisition takes MPC Container Ships fleet to 23 in just five months
The remarkably rapid buildup of the MPC Container Ships fleet continues apace. The Oslo-listed company, founded this year, has taken…
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Scorpio Tankers clinches sale and leaseback deal with Bocom Financial Leasing
Monaco-headquartered owner Scorpio Tanker has reached an agreement with China’s Bank of Communications (Bocom) Financial Leasing for five 2012-built product…
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Norwegian government chips in $17m to help build world’s first autonomous boxship
The Norwegian government enterprise Enova has decided to grant NOK133.6m ($16.83m) to Yara to build the world’s first electric and…
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Augustea to invest $70m in new Pakistan coal transhipment project
Augustea Group of Italy will be the maritime branch of a new project soon to be launched by China Power…
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TechnipFMC awarded Peregrino EPCI contract by Statoil
Offshore services giant TechnipFMC has been awarded an engineering, procurement, construction and installation contract by Statoil for work offshore Brazil.…
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Awilco becomes world’s newest container shipowner
Container shipping has a new owner hailing from Oslo. Awilco Container has debuted as a non-vessel operating owner, taking four…
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DVB Bank up for sale
One of the world’s most famous names in ship finance could be sold off. Reuters is reporting that Germany’s DZ…
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