Europe
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Eidesvik offloads offshore construction vessel
Norway’s Eidesvik Offshore has sold 2009-built offshore construction vessel to an unnamed buyer. Eidesvik says a deposit has already been…
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German liner shipping has up to $30bn of toxic debt
German liner shipping has as much as $30bn of toxic debt, delegates attending Marine Money’s event in Hamburg were told…
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Otto Danielsen: The boutique maritime asset management platform
Around the start of the year two old shipping pals clubbed together to buy a Danish shipowner as a platform…
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Noble Corporation secures ExxonMobil contract in Canada
Offshore driller Noble Corporation has secured a new rig contract from ExxonMobil for a plug and abandonment (P&A) program off…
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Fugro extends charter for DOF construction support vessel
Fugro Subsea Services has signed a new charter with DOF for 2009-built construction support vessel . The new contract commences…
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MOL invests in Seajacks
In line with its recently announced intentions to aggressively expand in offshore, Japanese shipping giant Mitsui OSK Lines (MOL) is…
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Allseas wins Nord Stream 2 pipelay project
Allseas has been awarded a contract for offshore pipelay at the Nord Stream 2 natural gas pipeline through the Baltic…
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Bibby gets green light for Emas Chiyoda Subsea vessel arrest
Bibby Offshore has advanced in its Texas court case against Emas Chiyoda Subsea, with the judge granting the company permission…
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SDSD: Shipbroking heads to the cloud
Ten days ago the maritime software development company SDSD launched V-Chartering – a new cloud chartering platform for wet and…
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Damen to cut 150 jobs
Damen Shiprepair & Conversion is undergoing a reorganisation at three of its Dutch yards Damen Shiprepair Rotterdam, Damen Shiprepair Van…
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Eidesvik Offshore layups lead to layoffs
Norwegian offshore vessel operator Eidesvik Offshore is set to lay off 30 seafarers, Norwegian media is reporting. According to the…
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Navios wins $21.5m Vale case
A New York arbitration tribunal has ruled in favor of Navios Logistics on a dispute with Vale regarding the termination…
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Eastern Mediterranean Maritime cancels boxship at CSBC
Taiwanese shipbuilder CSBC says it has received notice from Syra Shipping cancelling an order for a 1,800 teu feeder containership.…
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Toisa wins concession as Chapter 11 proceedings gather pace
Toisa, a shipowning vehicle controlled by Greek national Gregory Callimanopulos which filed for Chapter 11 protection in the US at…
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Enesel leads the Greek charge for cheap Korean VLCC newbuilds
Greek shipowners are hurrying to South Korea to take advantage of incredibly low prices for VLCC newbuildings. Enesel is leading…
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DryShips enters tanker sector with $102.5m double acquisition
George Economou’s DryShips has acquired two tankers, an aframax and VLCC, for $102.5m as it re-enters the tanker sector in…
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Cyprus’s transport minister in the firing line over controversial Limassol port privatisation
The controversial privatisation of Cyprus’s top port could take a big scalp with calls growing for Marios Demetiades, the transport…
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Infracapital takes over GIP and enters the Italian container market
Infracapital, the infrastructure equity investment arm of M&G Investments, will today sign a deal to take over GIP – Gruppo…
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Fugro wins Kenya survey contract
Dutch offshore firm Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to…
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Offen backs struggling Marenave
German investors are coming to the rescue of Hamburg’s struggling Marenave Schiffahrts. Marenave has managed to conclude an investment agreement…
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