Norway
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Asia
Navig8 ups stake in Awilco LNG to nearly 20%
Navig8 is building up a sizeable stake in Awilco LNG with speculation growing in Oslo that the tanker giant is…
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Europe
Siem Offshore reaches standstill agreement with lenders
Norwegian offshore operator Siem Offshore has entered into an agreement with the group’s secured lenders in Europe and Norway for…
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Europe
Blystad seeks to shore up finances at Songa Container
Arne Blystad’s Songa Container is tapping shareholders and bondholders for more equity for the second time in just over two…
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Europe
Saipem seals framework agreement with Equinor
Saipem has signed a two-year frame agreement with Equinor covering engineering services worldwide encompassing feasibility and conceptual studies, FEED, detailed…
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Europe
Wilson and Arkon strike deal to form European short sea shipping giant
Norway’s Wilson and Germany’s Arkon Shipping have signed a deal to form Europe’s largest short sea shipping company. The deal…
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Europe
Wilson and Arkon strike deal to form European short sea shipping giant
Norway’s Wilson and Germany’s Arkon Shipping have signed a deal to form Europe’s largest short sea shipping company. The deal…
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Europe
Borr Drilling scraps semi-sub as it continues cash raising
Norway’s Borr Drilling has sealed a $2.2m agreement to sell 1981-built semi-submersible rig for recycling. The rig is currently laid…
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Europe
Borr Drilling scraps jackup as it continues cash raising
Norway’s Borr Drilling has sealed a $2.2m agreement to sell 1981-built jackup rig for recycling. The rig is currently laid…
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Europe
Archer secures plug and abandonment contract from TAQA
Norwegian offshore service provider Archer has been awarded a contract for the provision of a modular drilling unit and associated…
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Europe
Fredriksen’s SFL seals newbuild VLCC deal with Landbridge
John Fredriksen’s SFL Corporation has acquired a newbuild 308,000 dwt VLCC from China’s Landbridge Group, and bareboat chartered it back…
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Asia
MSPL sends two post-panamax bulkers into the Baumarine pool
Indian iron ore miner MSPL, part of the Baldota Group, has joined the Baumarine by MaruKlav panamax pool by entering…
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Europe
Odfjell Drilling campaign in South Africa suffers coronavirus delay
Odfjell Drilling says it has come to an agreement with Total South Africa for 2010-built semi-submersible rig to remain idle…
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Europe
Norwegian owners commit to a carbon neutral fleet by 2050
Norwegian shipowners have taken a huge step forward in carbon neutral shipping after the Norwegian Shipowners’ Association announced that its…
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Europe
Shearwater awarded 4D survey by Apache
Offshore survey specialist Shearwater has been awarded a 4D seismic survey, with a 3D extension, by Apache for the Forties…
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Europe
DOF and DOF Subsea enter into debt standstill agreements
Norway’s DOF and DOF Subsea have each entered into standstill agreements with their secured lenders, representing 93% of the total…
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Europe
Seadrill drillship suffers early termination
Seadrill Partners has announced that it has received a notice of termination for the contract for which will see it…
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Europe
2020 Bulkers secures time charters with Glencore for newcastlemax pair
Tor Olav Troim’s 2020 Bulkers has announced that it has sealed time charter contracts with Glencore for two of its…
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Europe
Deadly pandemic forces autonomous ship into lockdown
The launch of the Yara Birkeland, among the most keenly anticipated new ships to hit the water this year, is…
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Europe
Rem Offshore secures another PSV extension
Fredrik Remøy led Rem Offshore has announced its second contract award in a week, confirming a new contract for 2013-built…
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Europe
Odfjell sells stake in Dalian terminal
Norway’s Odfjell has announced that subsidiary Odfjell Terminals (China) has completed the sale of its 50% shareholding of Odfjell Terminals…
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