Europe
-
Zim charters panamax from Diana Containerships
Athens: Israel’s Zim Integrated Shipping Services has timechartered a panamax boxship from Diana Containerships for 10 to 12 months. The…
Read More » -
Teekay LNG Partners taps bond market for $92m
London: Teekay LNG Partners is to issue a minimum of NOK 700m ($92.1m) in new senior unsecured bonds in the…
Read More » -
Bank of Valletta could be held to account for Deiulemar’s fraudulent bankruptcy
London: Italian dry bulk giant Deiulemar fraudently declared bankruptcy in 2012, owing over €800m, and now its financiers are facing legal…
Read More » -
Fredriksen-invested Archer cuts 1,200 jobs
Oslo: John Fredriksen’s oil company, Archer, has cut its workforce by 1,200 in the first quarter. The company said the…
Read More » -
Exmar raises $40m for LNG infrastructure investments
Athens: Exmar Netherlands has completed a tap issue of NOK 300m ($39.6m) in bonds, which it says will be used…
Read More » -
Russia looks to stop Norwegian exploration in the Barents Sea
Oslo: A diplomatic row has broken out as Russia says Norway is violating the Svalbard Treaty with the Norwgian government…
Read More » -
Eagle Ship Hardening: Security firms must listen to their clients’ needs more
Las Palmas: There’s a vast number of maritime security companies that rarely, if ever, listen to the requirements of their…
Read More » -
Lack of patching leaves maritime sites open to remote control risk
Copenhagen: CyberKeel, which focuses on cyber security in the maritime sector, has warned a number of important shipping websites could…
Read More » -
Odfjell appoints Clipper’s Kristian Mørch as new CEO
Norway: Clipper’s co-ceo Kristian Mørch has been announced as the new ceo/president of chemical tanker operator Odfjell, succeeding Tore Jakobsen.…
Read More » -
Bergen Group yard sale falls through
Oslo: Bergen Group have said today that the sale of the company’s rig-service activity at Hanøytangen has fallen through. The…
Read More » -
Hyundai Heavy wins Gazprom FLNG contract
Seoul: South Korea’s Hyundai Heavy Industries has beaten compatriots Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries to clinch…
Read More » -
Dry bulk market worst in 30 years: Goldenport
Athens: Greece’s Goldenport Holdings has warned dry bulk shipping is in the midst of its run since the awful days…
Read More » -
Euronav eyes more ships
London: In reporting its best quarterly results since 2008, tanker giant Euronav has made clear it is in the market…
Read More » -
Diana taps Danish Ship Finance for $30m
Athens: Diana Shipping has completed a drawdown of $30m under a term loan facility it signed with Danish Ship Finance.…
Read More » -
North Energy fires CEO Erik Karlstrøm
Oslo: Norwegian offshore exploration firm North Energy has announced today that Erik Karlstrøm, the company’s ceo, has been relieved of…
Read More » -
Athens willing to offload majority port stakes
Athens: In a move likely to lead to more strikes, the Greek government has said it is willing to sell…
Read More » -
Scorpio Tankers plans share sale to buy three LR2s
Monaco: Scorpio Tankers plans to sell 15m shares of its common stock at a par value of $0.01 per share…
Read More » -
Havila Shipping gets Shell PSV extension
Oslo: Norwegian offshore vessel owner Havila Shipping has said today that Shell has declared a one year option on the PSV…
Read More » -
Reinertsen downsizes workforce
Oslo: Norwegian offshore services provider Reinertsen is sending 350 to 400 employees to the unemployment office. The majority are engineers,…
Read More » -
Oceanteam secures loan
Oslo: OSV operator Oceanteam Shipping’s subsidiary RentOcean has signed a EUR15m revolving term loan facility with NIBC Bank. The facility…
Read More »