Luxembourg
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Operations
Largest wind-assisted shortsea roro returns to service
Luxembourg-headquartered CLdN is bringing back its roro into service following a successful retrofit of two tilting rotor sails. The 2018-built…
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Offshore
Subsea 7 scores up to $150m in Asia Pacific
Offshore engineering and services provider Subsea 7 has secured a contract in Asia Pacific. No further details are disclosed at…
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Operations
CLdN takes over Clipper’s roro business Seatruck
Luxembourg-based roro operator CLdN has struck a deal to acquire Seatruck Ferries from Denmark-based bulk carrier operator Clipper for an…
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Europe
CLdN orders roro pair in Korea
Luxembourg-headquartered CLdN ro-ro has signed a contract with Hyundai Mipo Dockyard in South Korea for two hybrid 8,000 ceu ships…
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Europe
Express Holding sells handy bulker to Guangzhou Seaway International
Luxembourg-based investment fund Express Holding, led by Paolo Favilla, has just completed the sale of one of the ships in…
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Europe
Sevenseas Investment Fund makes debut bulker acquisition
Sevenseas Investment Fund, an umbrella fund incorporated in Luxembourg, has acquired its first ever bulk carrier – the 2012-built 36,600…
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Europe
Cobelfret returns to dry bulk buying with Japanese post-panamax deal
CLdN-Cobelfret has acquired 2011-built Imabari post-panamax vessel , according to broking sources. Seasure Shipbroking and Advanced Shipping & Trading are…
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Europe
ArcelorMittal linked with fourth bulker buy in the space of three weeks
Greek company Capital Management Services is exiting shipping, brokers tell Splash. The Athens-based company has sold its only bulker, the…
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Dry Cargo
ArcelorMittal opens new Italian shipping arm
In conjunction with last week’s $1.3bn takeover of the steelmaker Ilva steel giant ArcelorMittal, in has also opened a new…
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Europe
ArcelorMittal snaps up resale capes from JP Morgan
Lakshmi Mittal’s ArcelorMittal has just added several bulkers to its fleet according to brokers. The Luxembourg-based company is said to…
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Europe
Pacific Drilling moves a step closer to emerging from chapter 11
Drillship owner Pacific Drilling has announced that its reorganisation plan now has the full support of the company’s majority shareholder,…
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Europe
Waigaoqiao Shipbuilding wins arbitration case against CLdN Bulk
CSSC-affiliated Waigaoqiao Shipbuilding has won an arbitration case against Luxembourg-based owner CLdN Bulk over a shipbuilding contract dispute. In March…
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Europe
CLdN orders two more roros at Hyundai Mipo
Luxembourg-based roro operator CLdN, part of Cobelfret Group, has ordered two post-panamax 8,000-lane-metre roro vessels at South Korean shipyard Hyundai…
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Americas
Algoma Central and Nova Marine cement new joint venture
Canadian firm Algoma Central Corporation and Italian shipower Nova Marine Holding, based in Luxembourg, have formed a joint venture which will…
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