Europe
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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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CMA CGM Lisa Marie all shook up in sea trials off Zhoushan
CMA CGM will now take delivery of a 10,900 teu newbuild later than scheduled after it ran into severe difficulties…
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Macron paves way for Fincantieri to take over STX France
France’s president Emmanuel Macron has found a solution to a shipyard spat that had soured diplomatic relations with neighbour, Italy.…
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Safe Bulkers linked to first deal since 2014
Brokers reports link Greece’s Safe Bulkers has done its first S&P deal in years, a significant move by the large…
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Eletson inks landmark sale and leaseback deal with CSIC Leasing
Greek tanker owner Eletson has clinched a $65.5m sale and leaseback agreement with CSIC Leasing, the financial leasing unit of…
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Scerni takes 10% share of International Andromeda Shipping
Monaco-based International Andromeda Shipping has welcomed Paolo Scerni, head of Scerni di Navigazione, as its new minority shareholder several sources…
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Norden secures long-term salt contract with Chile’s Empremar
Danish shipowner Norden has signed a new 10-year contract with Chile’s Empremar for the transportation of road salt from Chile…
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DNV GL creates new 1,000-strong digital division
Class society DNV GL is creating a specialised Digital Solutions organisation, consisting of 1,000 digital experts. . “Data is the…
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Marenave’s fleet sell-off completed
The last remains of German owner Marenave Schiffahrts’ fleet has been sold off in a bank-driven sale. The Marenave website…
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Angelicoussis orders up to four newcastlemaxes
Having put pen to paper on $560m worth of VLCC newbuilds so far this year, John Angelicoussis, via his company…
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Nova Marine and Algoma add two ships
Canadian shipping group Algoma Central and its Swiss partner Nova Marine Carriers have just snapped up two ships for the…
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Eidesvik CSV awarded offshore wind contract
Norway’s Eidesvik has secured work for subsea construction vessel to keep it operating through the winter season. Offshore wind industry…
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PortBin: ‘By 2050 there could be more plastic than fish in the ocean’
SpillTech, a new Norwegian company focused on oil spill recovery equipment, is looking to tackle waste pollution issues at ports.…
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Zvezda to build five gas-powered aframaxes
Sovcomflot, Rosneft, the State Transport Leasing Company (STLC), and Zvezda Shipbuilding Complex have signed agreements to build five gas-powered aframax…
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Rowan linked with $4bn takeover of Maersk Drilling
Houston-headquartered offshore drilling contractor Rowan Companies is being linked to buying out Maersk Drilling, with Bloomberg suggesting a $4bn figure…
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