Europe
-
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…
Read More » -
Golar LNG signs sale-and-leaseback deal with Cosco Shipping Development
Hong Kong-listed Cosco Shipping Development (CSDC), the financing arm of China Cosco Shipping, has entered into a 10-year sale and…
Read More » -
Knutsen in for Hyundai Heavy LNG carrier
Norway’s Knutsen OAS Shipping can be revealed as the owner behind yesterday’s LNG carrier announcement from Hyundai Heavy Industries (HHI).…
Read More » -
DryShips exercises second VLGC option
DryShips has exercised the second of four options it has to acquire VLGCs under construction at South Korea’s Hyundai Heavy…
Read More » -
TechnipFMC, Aker and Subsea 7 secure contracts for Pil & Bue
Norwegian E&P company VNG Norge has awarded a series of front end engineering and design (FEED) contracts for the Pil…
Read More » -
GC Rieber Shipping secures more work in West Africa
GC Rieber Shipping has entered into a four-month time charter agreement for its SURF vessel . The charter will commence…
Read More » -
Maersk and IBM team up on ‘transformative’ blockchain technology
Maersk is making blockchain a reality for shipping. The Danish conglomerate has teamed up with IBM for a new initiative…
Read More » -
Aquaship makes hefty profit on asset play to GoodBulk
Brokers say Riga-based Aquaship has made a healthy profit on the Oshima-built, 55,000 dwt that has fetched $9.9m from GoodBulk.…
Read More » -
DeepOcean awarded Foinaven SURF contract by BP
Norway’s DeepOcean has received a call-off under its master service agreement with BP covering the installation of a new flexible…
Read More » -
Total takes option on Havila Shipping PSV
Havila Shipping has announced that Total E&P UK has exercised two one-year options it had remaining on 2010-built PSV .…
Read More » -
Lomar tipped as buyer of boxship trio at Cosco Guangdong
Cosco Shipyard has announced that its subsidiary yard Cosco Guangdong has secured a contract from an unnamed European buyer to…
Read More » -
Ezra Holdings at mercy of Emas Chiyoda Subsea creditors
Singapore’s Ezra Holdings has admitted that it faces a possible wind up application from Norway’s Forland Subsea. Forland issued Ezra…
Read More » -
Autonomous ship debate is misleading: Maersk Line
All the talk about autonomous ships is misleading and the industry is not addressing the real human element behind the…
Read More » -
Lines brace for further wave of port strikes across Spain
Shipping lines are having to make contingency plans as a wave of port strikes loom across Spain. Over the past…
Read More » -
Turkish tanker seized by militants in Libya
A Turkish product tanker has been seized by an armed group in Libya, with 11 crew members onboard held captive.…
Read More » -
D’Amico looking to offload more tankers
Italian owner d’Amico International Shipping is to adopt a defensive strategy in the tanker market after it closed 2016 with…
Read More » -
Algoma and Nova Marine launch new dry bulk joint venture
Canada’s Algoma Central Corporation and Switzerland’s Nova Marine Carriers are building on their collaboration in cement shipping with a new joint…
Read More » -
Island Offshore rehires 300 staff
Norway’s Island Offshore has made an announcement that has rarely been seen in the OSV sector for the past couple…
Read More » -
Diana Containerships fixes post-panamax to OOCL
Diana Containerships has found work for 2004-built post-panamax container vessel , signing a time charter contract with Hong Kong’s OOCL.…
Read More » -
Time marches on for beleaguered Marenave
Endangered Hamburg owner Marenave Schiffahrts has managed to get yet another extension from its creditors to hold off demanding backpayments.…
Read More »