Europe
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MSC signs 35-year concession agreement to develop Côte d’Ivoire terminal
MSC and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal…
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Wärtsilä clinches first contract for novel hybrid propulsion system
Finnish technology group Wärtsilä has received its first order for the recently introduced Wärtsilä HY, a hybrid power module that…
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DryShips seals new $150m credit facility for VLGCs
George Economou’s DryShips have received a firm commitment from ABN Amro and KEXIM for a senior secured credit facility of…
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Shipping in need of an urgent ‘global detox’: Nor-Shipping
Shipping is in urgent need of a “global detox” delgates attending the opening session of Nor-Shipping in Oslo were told…
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The finance case for Oslo
There are endless polls on which city ranks highest as an international maritime hub with invariably Singapore ranking top. Even…
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Global maritime stakeholders’ forum to be created tomorrow
Representatives of major stakeholders in the maritime supply chain will meet on Wednesday to create a global maritime stakeholders’ forum,…
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Frontline still in the hunt for acquisitions
John Fredriksen’s Frontline has vowed to take advantage of “historically” low ship prices to continue to grow its tanker fleet.…
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Eni and Fincantieri sign cooperation agreement for LNG power systems
Oil company Eni and shipbuilder Fincantieri have signed a cooperation agreement for the development of natural gas power systems. The…
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Norwegian owners worried about rising protectionism
The director of Nor-Shipping Birgit Liodden is upbeat about this week’s mega show, which marks her first edition in charge…
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Keep an eye to the telescope for a smarter shipping industry
Kirsi Tikka, executive vice president at class society ABS, sets the scene for this week’s Nor-Shipping in this exclusive article…
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Norway’s top owners are busier than ever
The retirement age in Norway is 62. No one seems to have informed John Fredriksen or Arne Blystad. John Fredriksen,…
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Petroleum Geo-Services boss Reinharsden retires
Jon Erik Reinhardsen, 60, has decided to retire from his role of president and CEO of offshore seismic firm Petroleum…
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Bibby Offshore awarded TAQA subsea contract
Bibby Offshore has been awarded a contract by TAQA for subsea construction work in the Eider field, offshore Shetland. The…
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Propel: ‘Ticking boxes never made anyone safer’
The recent tragic accident of the Stellar Daisy, which sank in the South Atlantic at the end of March with…
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DOF awarded AHTS contract by Petrobras
Norwegian OSV operator DOF has been awarded a contract from Brazilian energy major Petrobras for one of its anchor handling…
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DP World-led consortium in talks for Fesco stake
Summa Group, the holding company of Russian billionaire Ziyavudin Magomedov, is negotiating a minority stake sale in one of Russia’s…
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Songa Bulk readies for more
Arne Blystad’s aggressive charge for bulker bargains continues. Songa Bulk, which he created last year with Herman Billung at the…
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Flex LNG takes orderbook to six
Oslo-listed Flex LNG has revealed its orderbook now stands at six gas carriers. The John Fredriksen-controlled vehicle has four ships…
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MSC Daniela likely to return to service next month
MSC anticipates its fire-struck ship, , will be back in service by as early as the middle of next month.…
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Marenave sells its last product tankers
Germany’s Marenave, which is going through extensive restructuring, has sold its last product tankers. The Mare Atlantic and Mare Pacific,…
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