Europe
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Shell amends Noble drillship contracts
Noble Corporation and Royal Dutch Shell subsidiaries have reached agreements to amend the existing contracts on three drillships. The contract…
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Norden scores 9-year wood pellet transportation contract with Pinnacle
Danish owner Norden has signed a 9-year contract with Canada’s Pinnacle Renewable Energy for the transportation of wood pellets starting…
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Eni sells stake in Egypt’s Zohr gas field to Rosneft
Italian energy company Eni has agreed to sell a 30 percent stake in a giant Egyptian offshore gas field to…
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12 lines flout Danish emissions rules
Danish authorities have sniffed out 12 shipping lines so far this year for using banned high sulphur fuel. Denmark sits…
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Fredriksen’s Frontline linked with Gener8 takeover
Could dramatic consolidation be on the cards for the tanker sector? That’s the speculation in Oslo where in the wake…
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NewLead pair sold by Goldman Sachs
Singapore owner Wilmar is ending the year at a gallop. Subsidiary Raffles Shipping has just been linked as the buyer…
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P&P Shipping takes two handymax bulkers
Pireaus-based P&P Shipping has beaten off plenty of competition to seal two handymax bulker deals. The company trumped 11 other…
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Olympic restructuring approved
Key stakeholders in Olympic Ship have come out in support of a new restructuring plan, which will allow the Norwegian…
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HMM jilted at the altar by Maersk and MSC
Not for the first time the world’s two largest containerlines have jilted a box peer at the alter. MSC and…
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Diana Shipping finds charter for newbuild newcastlemax
Greek dry bulk owner Diana Shipping has chartered out a 208,500 dwt newcastlemax to Singapore’s Koch Shipping. The 12-16 month…
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Farstad Shipping wins new charters down under
Norway’s Farstad Shipping has won a host of new contracts for its vessels in Australia. ConocoPhillips Australia has awarded Farstad a…
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Lena Göthberg: Swedish Shipping Profile of the Year
An old friend of Maritime CEO’s was bestowed the title of Swedish Shipping Profile of the Year earlier this week.…
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Røkke completes REM Offshore takeover
Kjell Inge Røkke has completed his takeover of REM Offshore via his firm Solstad Offshore. REM is now dissolved and…
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Liner merger fever
Splash’s Opinion writers led the site this week, providing readers with unique insights into container shipping’s greatest 12 months of…
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Call to part-privatise the UK flag
A report by KPMG, commissioned by the UK’s Department for Transport, suggests the nation’s ship register should part-privatise. The UK…
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Frontline raising $100m for fleet growth
John Fredriksen’s Frontline is raising $100m with a new share offering directed at institutional investors, which it says will be…
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Oaktree develops financing model for smaller owners seeking secondhand bargains
A new ship finance vehicle has been created by Oaktree Capital aimed at helping smaller owners snap up secondhand tonnage.…
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CVs rain in at Aqualis Offshore’s Rio office
Aqualis Offshore suffered a deluge of emails from out of work Brazilian offshore workers in the past few days following…
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BW LPG takes final Aurora LPG shares
BW LPG has announced it will buy out the remaining shares of Aurora LPG now that it controls 96% of…
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BW Dry Cargo takes eighth bulker this year
Broking reports have belatedly latched onto yet another kamsarmax buy by acquisitive BW Dry Cargo. Adelfia Navigation from Greece has…
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