Europe
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Secondhand ship prices fall to lowest level since 2000
Five-year-old ship prices are back to the same level of spring 2000, according to the latest market overview recently presented…
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Zodiac makes VLCC play with Wah Kwong acquisition
Zodiac Maritime has made a foray into the VLCC sector. The diverse fleet controlled by Eyal Ofer had until now…
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Boskalis slashes 230 head office jobs
Dutch dredging and services company Royal Boskalis Westminster has decided to cut around 230 jobs from its head office in…
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Diana Shipping picks up new charters at improved rates
Greek dry bulk owner Diana Shipping has entered into two time charter agreements worth over $8m. Diana has fixed 2007-built…
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Neda Maritime sells 15-year-old VLCC to Minerva Marine
Greek owner Neda Maritime has sold 309,300dwt VLCC to compatriot owner Minerva Marine, having put the vessel up for sale…
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Topaz wins European work for MPSV
UAE-based offshore support vessel company Topaz Energy and Marine has won a charter, commencing today, for its multi-purpose supply vessel…
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UK national appeals to Theresa May to free him from Indian jail ‘nightmare’
Billy Irving, one of the men incarcerated in an Indian jail for the past three and a half years for…
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New CEO appointed at Siem Offshore
Norwegian OSV operator Siem Offshore has announced that Idar Hillersøy has tendered his resignation as chief executive officer of the…
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Clarkson shareholders hit out at Andi Case’s massive bonus payout
Shareholders in shipbroker Clarkson are not happy at the massive payouts to top management. The FTSE 250 company suffered an…
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Union Maritime’s MR charge continues with fourth acquisition this month
London-based Union Maritime is on an acquisitive charge. Brokers report it has taken another MR tanker, the Korean-built from Parakou.…
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Advantage Tankers makes products foray
Geneva-based Advantage Tankers has entered the products sector, taking a fleet of handies that were under bank control. Clarkson Research…
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Maersk Supply Service secures Culzean Project contract
Maersk Supply Service has secured a major contract from Maersk Oil UK to project manage the complete towing, mooring installation…
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Madrid tries once again to pass port reform bill
The Spanish government passed a decree on Friday aimed at liberalising the country’s ports. This is the second time it…
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Olympic Shipping secures charters for VLCC duo
Greek owner Olympic Shipping and Management has fixed charter contracts for two VLCCs, including a newbuild currently under construction at…
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Marenave sells car carrier as part of restructuring
Cash strapped Hamburg owner Marenave has announced that it has entered into an agreement for the sale of its only…
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Rickmers on edge as bondholders prove luke warm to restructuring plan
There’s just one more throw of the dice for beleagured Rickmers Group after bondholders failed to come out in force…
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DOF Subsea eyes Oslo listing
DOF Subsea, which is currently 51% owned by DOF and 49% owned by a First Reserve fund, says that it…
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Video depicts port operations in the year 2060
Port equipment manufacturer Kalmar, part of Cargotec, has revised its vision for Port 2060 and is launching a new video…
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HMM firms up Algeciras bid
Hyundai Merchant Marine (HMM) has firmed up plans to purchase a terminal in Spain which was operated by compatriot Korean…
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Clive Richardson steps down from V. Group
Clive Richardson has resigned from V. Group, one of the world’s largest shipmanagers, and will be replaced on an interim…
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