Norway
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Dry Cargo
Western Bulk: ‘We got the market wrong’
Oslo: There is something refreshingly humble and frank about Jens Ismar, the CEO of Western Bulk, a characteristic rather uncommon…
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Europe
Höegh LNG raises $130m with new bond issue
Oslo: Höegh LNG Holdings raised $130m today after completing the issuance of a senior unsecured bond in the Nordic bond…
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Europe
GC Rieber Shipping offloads CSV
Oslo: GC Rieber Shipping has said that it has entered into an agreement to sell construction support vessel Polar Prince…
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Europe
Eriksen to succeed Madsen as CEO of DNV GL
Oslo: Classification society DNV GL has appointed Remi Eriksen (pictured) as its new CEO. He will take over from Henrik…
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Europe
World Wide Supply lays up two PSVs
Oslo: Oslo-listed World Wide Supply has announced that it is removing the World Diamond and World Pearl due to the…
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Europe
Nor-Shipping: 50 years looking forward
Oslo: Vidar Pederstad is rather busy when Maritime CEO gets in touch, but nevertheless he spares some time to tell…
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Europe
KNOT ties down another shuttle tanker
Oslo: KNOT Offshore Partners’s wholly owned subsidiary, KNOT Shuttle Tankers, has entered into a share purchase agreement to acquire KNOT…
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Europe
New Chevron contract for Eidesvik
Oslo: Eidesvik has been awarded a contract for 19 months with up to four options for an additional 6 months…
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Europe
Norway has more recoverable oil today than 10 years ago
Oslo: Finally some good news today for Norway’s near suicidal offshore community. Following thousands of layoffs in the wake of…
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Europe
Havyard counters offshore slump with 4-day working week
Oslo: More than 10,000 workers have lost there jobs in the Norwegian oil industry since the oil price began to…
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Europe
Höegh LNG signs Chile FSRU deal
Oslo: Höegh LNG has signed an FSRU contract with Octopus LNG in Chile for the Penco-Lirquén LNG import terminal to…
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Europe
Avance Gas VLGCs back on the water
Oslo: Avance Gas has said that both new build VLGCs recently drydocked, Breeze (83,000dwt, built 2015) and Monsoon (83,000dwt, built…
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Europe
Saga Tankers eyes SD Standard Drilling takeover
Athens: SD Standard Drilling’s (SDSD) new majority shareholder Saga Tankers says it intends to make a mandatory offer for the remaining shares in…
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Europe
Solstad Offshore sells two old AHTSs and lays up two PSVs
Oslo: The dire times for Norwegian offshore support vessel (OSV) players are seeing more and more ships sold and laid…
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Europe
Avance Gas share sale raises $81m for Sungas and Stolt-Nielsen
Athens: Stolt-Nielsen Gas and Sungas have both halved their interests in Avance Gas through a sale of 5m of their…
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Contributions
Why Norway works so well as a maritime cluster
Nor-Shipping is nearly upon us. My calendar is full of receptions to attend in Oslo and I am looking forward…
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Europe
Höegh LNG considering more newbuildings
Oslo: Höegh LNG has said it is considering more newbuildings. The Oslo-listed company said its liquefied gas terminals were the…
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Finance and Insurance
Stolt-Nielsen Gas and Sungas plot Avance Gas share sale
Athens: Stolt-Nielsen Gas and Sungas Holdings are considering selling 5m of their common shares in Oslo-listed Avance Gas, in which the two…
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Finance and Insurance
Nordic American Offshore plans share buyback
Athens: Nordic American Offshore (NAO) is planning a share repurchase programme through which the NYSE-listed company will buy back up to 2.5m shares…
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Europe
Avance Gas: Making advances
Oslo: From his Oslo office , Christian Andersen, 54, founder of Avance Gas, seems at ease, confident that the coming…
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