Europe
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Svensen says Europe still has major role to play in maritime’s future
Brussels: Europe still has a major role to play in driving the maritime industry forward, according to Tor Svensen, ceo…
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Lysblink Seaways towed to dry dock for repair
London: The DFDS Seaways vessel that ran aground off the coast of Scotland has been towed to a dry dock…
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Wintershall takes over Vega field from Statoil
Oslo: Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil. The Vega field…
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Putin’s actions on the Crimea leave Norwegian yard on the ropes
Oslo: Russians troops’ annexation of Zaliv shipyard on the Crimean peninsula has left a Norwegian yard out of orders. Ukrainian billionaire Kostyantin…
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Yamal LNG taps Zeebrugge for winter transhipment
Zeebrugge: The port of Zeebrugge’s efforts to position itself as an LNG hub are bearing fruit. Yamal LNG and Fluxys…
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DOF gets Chevron extension and new Sigurd Ross deal
Oslo: Offshore and subsea vessel owner DOF has signed a deal with Chevron Brazil to extend the contract for construction support vessel Skandi Salvador (3600dwt,…
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Subsea 7 sheds over 1,000 from workforce
Oslo: London-headquartered subsea operator Subsea 7 has shed more than 1,000 from its workforce citing uncertainty in the subsea market.…
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Eitzen Chemical dissolves
Oslo: Team Tankers International voluntary offer to to take over Eitzen Chemical has been approved by the latter’s shareholders, paving…
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Handy and supramax dry markets make a comeback, capes still dead
London: The handysize, supramax and panamax dry cargo shipping markets have sprung back to life, but the capesize market continues…
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Maersk directors scoop millions from bank sale
Copenhagen: AP Moller Maersk’s sale of its 20% stake in Danske Bank has sent the light blue line’s shares through…
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2015 looks bright for panamax container ships, says Box Ships CEO
Athens: 2015 looks to be a good year for panamax and post-panamax container vessels, based on the performance seen in…
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What Triton could learn from Somalia
A couple of weeks ago I tweeted a link to a BBC news story on the Triton operation that has…
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Boardley warns on ‘very difficult’ times ahead in latest Splash TV episode
Southampton: Shipping should brace itself for a “very difficult” 12 months thanks to a fragile global economy and overcapacity in…
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Oaktree nears Torm takeover
Copenhagen: Denmark’s Torm is few weeks away from an engagement with private equity fund Oaktree Capital, a move that will…
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Maersk Group succeeding in rooting out corruption
Copenhagen: AP Moller Maersk Group unearthed a record-high of 13 different cases of corruption across the group in 2014. Not…
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Grimaldi to order five car carriers in China this month in $300m deal
London: Italy’s Grimaldi Group is in the process of selecting a Chinese shipyard from which to order five giant car…
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Statoil contracts world’s largest ship
Oslo: Pioneering Spirit, which lays claim to being the largest ship afloat, has inked a deal with Statoil for work…
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600 staff to go at Odfjell Drilling
Oslo: Odfjell Drilling has sent out a compensation package offer to 600 onshore workers as redundancies loom amid the weak…
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James Fisher buys South Africa’s Subtech Group
London: James Fisher has acquired Subtech Group, a South Africa-based marine and sub-sea service provider, for an initial cash consideration…
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Shell extends charters for two Tsakos Energy Navigation LR1s
Athens: A European oil major, thought to be Shell, has extended its charters of two panamax tankers owned by NYSE-listed…
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