Europe
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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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SeaBird Exploration proposing debt restructuring deal
Offshore seismic specialist SeaBird Exploration says it will propose a debt restructuring deal to bondholders and creditors that will facilitate…
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Key boxship time charter index loses ground for the first time this year
The influential New ConTex Index provided by the Hamburg Shipbrokers’ Association has lost ground for the first time this year,…
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Euronav offloads elderly VLCC to New Shipping
Euronav has offloaded an elderly VLCC to Greek owner New Shipping. The 15-year-old fetched $21m. The elderly Belgium registered ship…
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Fire-struck MSC Daniela in China for repairs
, the giant boxship that caught fire eight weeks ago, is now in China for repairs. The 13,800 teu boxship…
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Reprieve for Sungdong as Kyklades comes knocking for up to seven aframaxes
Sungdong Shipbuilding has won its first order since December 2015, likely sparing it from oblivion. Greece’s Kyklades Maritime is linked…
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Rickmers Maritime completes initial sale of five vessels to Navios
Rickmers Maritime and Navios Maritime Partners have completed the sale of five containerships for a total of $59m as part…
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Diana Shipping fixes bulker pair
Diana Shipping has fixed two of its bulkers on time charter, generating around $4.76m based on the minimum time charter…
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London event discusses the disruptive future of shipbroking
The third edition of Smart Solutions event in London this week commenced with a heated discussion among IT providers and…
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Diana Containerships fixes vessel to MOL at improved rate
Greek owner Diana Containerships has fixed 2006-built post-panamax containership on time charter to Japan’s Mitsui O.S.K. Lines. The charter is…
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Danish Ship Finance predicts growth in seaborne volumes will average just 1% per annum through to 2030
Danish Ship Finance has provided a sneak peak of its latest market report, one that paints a grim picture for…
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Murmansk Shipping pledges all its assets to Sberbank for $104m loan
Seeking a RBL5.86bn ($104m) loan from Sberbank, Murmansk Shipping Company has put all of its assets down as collateral. As…
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Solstad Offshore finds work for four PSVs
Norway’s Solstad Offshore has been awarded new contracts and contract extensions for platform supply vessels Normand Flipper, Normand Aurora, Normand Skude…
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Hapag-Lloyd and UASC complete merger
Hapag-Lloyd and United Arab Shipping Company have completed their merger. The new Hapag-Lloyd, one of the top five global carriers,…
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Stolt-Nielsen orders LNG carrier pair at Keppel Singmarine
Stolt-Nielsen Gas has ordered a pair of dual-fuel 7,500 cbm LNG carriers at Singapore’s Keppel Singmarine. The contract is worth…
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