Europe
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Spiralling raw material prices see coatings costs hiked
Shipowners, desperate to clamp down on every cost, have been hit by an increased layout for coatings. Over the last…
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PIR and Edison join forces for a new LNG terminal in the port of Ravenna
The Adriatic Sea will have at least one LNG bunkering facility in Italy. Petrolifera Italo Rumena (PIR) along with Italian…
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Rolls-Royce forms autonomous shipping centre in Turku
Rolls-Royce will establish its Marine R&D Centre for Remote Control & Autonomous Ships and Artificial Intelligence in Turku, Finland. The…
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THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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BP boss warns oil price unlikely to rise for the next five years
In an interview with American TV channel CNBC the head of BP has warned he does not see oil prices…
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APM Terminals in court again over Guatemala corruption case
A high profile bribery scandal in Guatemala that involved a former president of the Central American nation and damaged Maersk’s…
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Global Marine Systems acquires Maersk cable layer
Global Marine Systems has snapped up 2000-built subsea construction, installation and trenching vessel from Maersk Supply Service. The vessel, which…
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United Ocean kamsarmax sold to Alassia Newships Management
Reports tell Splash that the 81,900 dwt bulker , one of the most talked about bulkers ships in the sales…
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Toisa gets back to winning ways with charter deal
Toisa Limited, a Greek shipowning entity trying to fight its way out of bankruptcy, has announced that its vessel, ,…
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Star Bulk confirms acquisition of kamsarmax pair
Greek dry bulk owner Star Bulk has confirmed the acquisition of two kamsarmax vessels for a total price of $30.3…
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Diana Shipping wins two new charter deals
Greek dry bulk shipowner Diana Shipping has announced new charters for two of its vessels. Koch Shipping in Singapore has…
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Hamburg port finishes key entrance widening process
Hamburg port has completed the redesign of the entrance to its Vorhafen Harbour Basin, allowing larger ships to maneuver more…
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Steenslands invoke mandatory offer for Solvang
The Steensland family has moved to buy out major gas shipowner Solvang. Parties linked to the Norwegian family have now…
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DHT selling older VLCCs
Brokers have news of a further sale as the clear-out of older tonnage at DHT Holdings continues apace. The ,…
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Bourbon fixes deal with creditors
French OSV giant Bourbon has managed to reschedule the maturities of EUR910.8m ($962m) of its debts. Payments will now be…
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Seanergy gains $11.4m from early termination of credit facility
Greece dry bulk owner Seanergy Maritime Holdings has entered into an agreement with one of its lenders for the early…
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Awilco Drilling settles billing dispute with Apache
Norwegian offshore firm Awilco Drilling says it has resolved a $22.8m dispute with Apache North Sea over standby revenue billing for…
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M-Maritime stays in the flow
Brokers tell Splash that fast emerging Greek owner M-Maritime has picked up yet another ship, going back to where it…
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Siem Offshore wins contract extension in Canada
Siem Offshore has announced that its subsidiary Secunda Canada has received a four-year contract extension plus a five-year option from…
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Norway to build the world’s first ship tunnel
Norway is to build the world’s first ship tunnel. The 1.7 km Stad tunnel will cost around $319m and take…
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