Europe
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Maersk Oil gets green light for redevelopment of Tyra field
Maersk Oil says that the Danish Underground Consortium (DUC) has come to an agreement with the Danish government which will…
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Odfjell Drilling secures drillship work in Southeast Asia
Norwegian offshore drilling contractor Odfjell Drilling has, on behalf of Golden Close Maritime, secured a letter of intent with an…
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Diana Containerships raising $150m with Kalani Investments deal
Diana Containerships is the latest Greek shipowner to raise money by issuing new shares to little-known Kalani Investments. Diana said…
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Four bids expected for Thessaloniki port
Local Greek newspaper Kathimerini reports four bids are expected to be lodged this week to run Thessaloniki port. The Friday…
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Toisa gets cash collateral help
Toisa, a shipowning vehicle controlled by Greek magnate Gregory Callimanopulos, has received bankruptcy court approval for the use of cash…
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New York battles Oslo for over-the-counter deals
The New York Shipping Exchange (NYSHEX), which debuted the first digital forward freight contract for global container shipping, has announced…
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Aker Solutions awarded Johan Sverdrup FEED contract
Aker Solutions has secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the major…
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Subsea 7 secures Mad Dog 2 contract
Norwegian offshore vessel operator Subsea 7 has announced that it has secured a major contract from BP as part of…
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PensionDanmark, Danica and Navigare set up shipowning fund
Danish pension funds PensionDanmark and Danica have joined the growing number of companies looking to take advantage of traditionally low…
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CMA CGM and Sinokor in for Conti boxships
With German banks finally getting around to clearing out the nation’s ailing lines a trio of Conti ships have gone…
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Borr Drilling does $1.35bn deal for Transocean jackup fleet
Borr Drilling has signed a letter of intent to acquire from Transocean its entire fleet of 15 jackup rigs. The deal…
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Basili to stay on as permanent CEO at Shearwater GeoServices
Irene Waage Basili has been appointed to the position of CEO at marine geophysical company Shearwater GeoServices on a permanent…
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Odfjell in for two Hudong-Zhonghua dual fuel chemical tankers
Odfjell has signed a letter of intent for two additional chemical tankers with stainless steel cargo tanks, to be built…
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Hyundai Samho to build LNG-fuelled aframaxes for Sovcomflot and Shell
Hyundai Samho Heavy Industries will be build four LNG-fuelled ice-class aframaxes for Russia’s Sovcomflot. The 114,000 dwt quartet are thought…
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Hapag-Lloyd’s merger with UASC delayed by two months
Germany’s Hapag-Lloyd is pushing back completing its merger with fellow containerline United Arab Shipping Company (UASC) by two months, pending…
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Turkish cargo ship sinks in Libya, seven missing
Turkish general cargo ship sunk at Misrata anchorage off the coast of Libya yesterday. The 3,200dwt 1979-built vessel, carrying marble…
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Aker Solutions secures engineering contract for Njord A platform
Aker Solutions has secured a contract, as a subcontractor of Kvaerner, to provide design engineering for the upgrading of Statoil…
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Magseis awarded extension to Saudi survey contract
Norwegian seismic services provider Magseis and its partner BGP have been awarded an extension to the ongoing contract with BGP…
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Western Bulk Chartering boss questions whether expectations are running ahead of fundamentals
Jens Ismar, CEO at Norway’s Western Bulk Chartering, has pondered whether expectations are running ahead of fundamentals when it comes…
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Nova Marine Carriers: Technology and partnerships to weather the storm
Amid the current challenging market scenario for dry bulk shipping, Nova Marine Carriers is facing the crisis following two main…
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