Europe
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Michele Bottiglieri Armatore: Traditional shipowner model called into question
Naples: Michele Bottiglieri is a seasoned shipowner based in Naples, part of a family with a long tradition in the…
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‘Events, dear boy, events’
When I was in high school, we had a session, every Monday, called ‘Current Events’. All you had to do…
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Ensco drillship contract cancelled by ConocoPhillips
London: Offshore driller Ensco has announced that ConocoPhillips has provided notice of termination for a three-year drillship contract. The 2014-built…
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Wärtsilä cuts 600 jobs from marine division
Helsinki: Finnish propulsion giant Wärtsilä has announced a reorganisation of its Ship Power business, renamed today to Marine Solutions, that will…
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Gasoline from Europe to the US spot rates reach year-high
Athens: Product tankers taking gasoline from Europe to the US East Coast are currently fixing at the highest rate seen…
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Wilson sells ageing bulker
Oslo: Norwegian short sea operator Wilson has sold the bulk carrier MV Wilson Marin (5,850 dwt, built 1978) to an…
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Höegh LNG offloads old star
Oslo: Höegh LNG has announced the sale of ageing 126,400 cu m LNG carrier LNG Libra (72,650 dwt, built 1979)…
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Rotterdam’s Russian oil terminal JV scrapped
Rotterdam: The frosty, sanction-laden relationship between the EU and Russia has seen another big oil project canned. Shtandart TT, a…
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Subsea 7 and KBR form FEED alliance
Oslo: Having formed an alliance earlier this week with Houston-based OneSubsea, Subsea 7 says it has signed an agreement with…
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Akastor appoints Kristian Røkke as its CEO
Oslo: Norwegian oilfield service firm Akastor has appointed Aker Philadelphia Shipyard chairman, Kristian Røkke, as its new CEO effective August…
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Northern Offshore shareholders approve sale to Shandong Offshore International
Oslo: John Fredriksen’s Northern Offshore has announced that it has been given the green light from shareholders to proceed with…
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Boa Offshore wins Mingde Heavy Industry arbitration case
Oslo: Offshore service provider Boa Offshore has announced that it has been notified of a successful arbitration award from a…
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DSME to sue Songa Offshore for cost overruns in rig construction
Athens: Daewoo Shipbuilding and Marine Engineering (DSME) has served its client Songa Offshore with notices of arbitration regarding the contracts for…
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Hapag-Lloyd pushes ahead with $5.5bn IPO
Hamburg: Hamburg-based liner giant Hapag-Lloyd is pushing ahead with a much-telegraphed initial public offering. The world’s fourth largest containerline is…
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Peter G tops the S&P markets in the first half
London: Gener8 Maritime has been the most aggressive player in the second hand market in the year to date, according…
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Swiss Marine confirms Seno Kisen capesize deal
Genoa: Swiss Marine is set to add a 15-years old capesize from Japan’s Seno Kisen to its fleet of bulk carriers.…
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Det norske fights Oslo’s Johan Sverdrup carve-up
Oslo: Norwegian oil company Det norske oljeselskap has decided to fight Oslo’s split up of the huge Johan Sverdrup oilfield.…
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Wilson snaps up bulker pair from Vertom
Oslo: Norwegian short sea operator Wilson has acquired two 2,500 dwt bulk vessels from Dutch company Vertom. The two vessels,…
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Simpson Spence Young: Slew of tanker newbuilds next year will end bullrun
London: A slew of tanker newbuilds set to hit the world’s oceans next year should put a cap on the…
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Maersk Drilling sends oldest rig to be recycled
Copenhagen: Maersk Drilling has decided to decommission the rig Maersk Endurer from the fleet and recycle the rig with Zhoushan…
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