Norway
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Europe
Eidesvik Offshore PSV contract extended by Statoil
Oslo: Eidesvik Offshore has announced that Statoil has extended their contract for LNG powered PSV Viking Energy for a further…
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Europe
Team Tankers International approved for listing on Oslo Børs
Oslo: Team Tankers International, formerly Eitzen Chemical, will be listed on Oslo Børs before April 10 after its application, filed…
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Europe
Skaugen delays bond payment
Oslo: Oslo listed I.M Skaugen, who operates a fleet of small and medium-sized LPG carriers, says that holders of its IMSK12…
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Europe
Farstad charters newbuild subsea vessel to Technip
Oslo: Farstad Shipping ASA has said that it has signed a letter of intent with Technip, who will charter subsea…
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Dry Cargo
Siem Shipping cuts losses
Oslo: Oslo-listed Siem Shipping remained in the red in the fourth quarter of 2014. The company has refinanced debt with…
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Europe
Stolt-Nielsen secures $250m financing from AIG
Oslo: Norwegian operator Stolt-Nielsen Limited has closed a private placement with American International Group to raise $250m . The placement has…
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Europe
Oceanteam squeezes a profit
Oslo: Oslo-listed Oceanteam Shipping ended 2014 on the upside. The Bergen-based deepwater offshore support vessel specialist showed an operating profit…
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Europe
Lime Petroleum Norway increases stake in Norwegian Sea licences
Oslo: Lime Petroleum Norway has executed an agreement with Tullow Oil Norge AS1 to acquire an additional 20% interest in…
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Europe
Eitzen Chemical reports large losses
Oslo: Eitzen Chemical, which last month entered into a large debt agreement with its creditors, ended 2014 with a significant…
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Europe
DOF shreds five
Oslo: DOF’s subsidiary Norskan Offshore in Rio de Janeiro has entered into an agreement to sell five ships operating in…
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Europe
Jacob Stolt-Nielsen dies, aged 83
London: Jacob Stolt-Nielsen, founder of Norway’s Stolt-Nielsen group, has passed away aged 83. He passed away at home in Oslo…
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Europe
Odfjell opens saving account
Oslo: It’s no secret that the traditional Bergen-based shipowner Odfjell has not earned money in half a decade and is…
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Europe
Farstad Shipping beats a retreat
Oslo: Only days after Norway’s biggest offshore owner decided to discontinue shipping operations in Aberdeen another retreat has been signaled…
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Dry Cargo
Western Bulk CFO denies Copenship exposure
Oslo: Dry cargo outfit Western Bulk has dismissed rumours it has extensive exposure to Danish Copenship’s bankruptcy earlier in the…
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Europe
Statoil reveals new CEO
Oslo: Norwegian energy giant has appointed from within for its new full time ceo, filling the void left by Helge…
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Europe
Saga Tankers risks delisting
Oslo: Øystein Stray Spetalen, one of Norway’s most successful investors, has ignored a deadline to change the shareholding of a…
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Europe
Fredriksen-controlled Flex LNG vessels delayed
Oslo: In a move to reduce operating costs Flex LNG has told Korea’s Samsung Heavy Industries to postpone the delivery…
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Europe
German bank green lights Siem Offshore vessel purchase
Oslo: Siem Offshore has secured funding for the building of two well intervention vessels in Germany. The loan of EUR350m…
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Europe
Deep Sea Supply fixes bareboat charters
Oslo: John Fredriksen controlled Deep Sea Supply has secured two long term bareboat contracts for the PSVs Sea Tortuga and…
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