Europe
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Volstad thrashes out deal with creditors
Norwegian offshore support company Volstad Maritime has managed to thrash out a deal with creditors to ensure its survival. In…
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George Economou caught up in DryShips lawsuit
DryShips and its chairman and chief executive officer George Economou have been named as defendants in a lawsuit filed in…
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Damen closes in on Mangalia
Romania’s largest shipbuilder could be bought by Damen Shipyards. Mangalia, owned by restructuring Daewoo Shipbuilding & Marine Engineering, has been…
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MPC Container Ships acquires another boxship
MPC Container Ships has acquired the 2,742 teu vessel from Germany’s Ahrenkiel Steamship. Ahrenkiel Steamship will remain the technical shipmanager…
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Socatra in for two plus two MR tankers
French shipowner Socatra, headed by Laurent Bozzoni, seems to be very close to sealing a new order for two plus…
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Odfjell Drilling awarded contract by Total E&P
Norwegian offshore driller Odfjell Drilling has been awarded a contract by Total E&P South Africa for drilling works offshore South…
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Petrobras awards Fugro two-year IRM contract extension
Netherlands-headquartered Fugro on Tuesday announced it has earned a two-year contract extension from Brazil’s state oil company Petrobras for work…
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Affinity: Focus on the start of a new cycle
Affinity Shipping is growing its financial services offerings, conscious of the “new breed of investors” coming into the industry, the…
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GE Power and Fincantieri collaborate on reducing ship emissions
GE Power and Fincantieri have announced a new partnership for the co-development of a new emission control solution to reduce pollution in…
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Maersk Supply Service signs long-term vessel contract with Blue Marine Group
Maersk Supply Service has signed a long-term contract with Subtec of Mexico, a subsidiary of Blue Marine Group, for one…
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Norway’s new seafarer salary scheme welcomed
The Norwegian government’s new salary scheme for seafarers, which came into effect over the weekend, means companies employing Norwegian seafarers…
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KKR walks away from NordLB’s shipping loans
German lender NordLB has ditched plans to sell a EUR1.3bn ($1.5bn) portfolio of shipping loans to KKR, after around a…
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Turkish ship fired upon by Greek coast guard
The master of a small Turkish general cargo ship said on Monday that the Greek coast guard had fired on…
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More owners flock to Hanseatic Unity
Hanseatic Unity, the fast emerging German chartering firm, continues to grow with news Leonhardt & Blumberg and Asiatic / Atlantic…
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Greek shipowner boss trades barbs with the EU
A top name in Greek shipowning has lashed out at bureaucrats in Brussels and warned the Greek fleet could head…
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Simulation platform to be created to aid ship design
Rolls-Royce, the Norwegian University of Technology Science (NTNU), research organisation SINTEF Ocean, and classification society DNV GL have signed a…
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Dynacom Tankers acquires VLCC from Kyoei Tankers
Greek owner Dynacom Tankers has acquired a secondhand VLCC from Japanese owner Kyoei Tankers. VesselsValue shows that Dynacom Tankers bought…
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CWind secures Dong extension
Offshore windfarm service contractor CWind has secured a two-year extension to its existing three-year crew transfer vessel contract at the…
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Klaveness awarded bulk sulphur deal
Norwegian owner Torvald Klaveness has secured a 17 shipment contract of affreightment (CoA) to ship bulk sulphur from the Middle…
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Greek tanker owner dies
Greek tanker owner Minos Kyriakou died of a heart attack, aged 75, over the weekend in Athens. Kyriakou was the…
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