United Kingdom
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Europe
Inchcape Shipping Services CEO steps down
Inchcape Shipping Services (ISS) has announced that Captain Claus Hyldager has stepped down as the chief executive officer of the…
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Europe
Peel Ports: Value-added services vital to secure business
Liverpool: Given the extraordinary competition for ship calls ports around the world these days have to offer far more value-added…
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Europe
Subsea 7 wins EPIC Egypt contract
Oslo-listed Subsea 7 has been awarded an EPIC contract worth around $500m from BP and it’s partner DEA for work…
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Europe
Wood Group to cut another 200 from its workforce
British oil services firm Wood Group PSN has announced it is cutting around 200 people from its payroll. The company…
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Europe
UK shipping industry calls for reforms to the red ensign
Athens: Major reforms must be made to the red ensign to make the nation’s shipping register more competitive with its international rivals,…
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Containers
Borealis and KKR add 18 vessels with Hanseatic Ship Asset Management acquisition
Hamburg: London-headquartered Borealis Maritime and US global investment firm KKR have acquired Hanseatic Ship Asset Management from Commerzbank for a…
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Europe
Ensco drillship contract cancelled by ConocoPhillips
London: Offshore driller Ensco has announced that ConocoPhillips has provided notice of termination for a three-year drillship contract. The 2014-built…
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Europe
Simpson Spence Young: Slew of tanker newbuilds next year will end bullrun
London: A slew of tanker newbuilds set to hit the world’s oceans next year should put a cap on the…
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Europe
Kuwait buys stake in Associated British Ports
Athens: The Kuwait Investment Authority (KIA) has acquired a 10% direct interest in Associated British Ports. The news comes after…
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Europe
New CEO for Ceona
London: SURF contactor Ceona has appointed Mark Preece to the role of ceo, replacing Steve Preston who has decided to…
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Europe
Rig fire at Harland and Wolff, 1,000 workers evacuated
Belfast: Around 1,000 workers were evacuated from a rig at Harland and Wolff shipyard in Belfast yesterday afternoon when a…
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Containers
Global Ship Lease containership gets another timecharter extension
Athens: X-Press Feeders, part of Singapore-based Sea Consortium, has further extended its timecharter of a panamax containership owned by Global Ship Lease.…
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Europe
DOF Offshore lays off 20 employees in Norway and Scotland
Athens: Oslo-listed DOF Offshore has laid off 20 staff primarily from its operations at Austevoll and Bergen in Norway, plus…
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Europe
James Fisher & Sons continues buying spree with X-Subsea acquisition
London: James Fisher & Sons has paid £14.8m ($23.1m) for the assets and intellectual property rights of X-Subsea, a designer…
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Europe
New CEO for Knot Offshore
Athens: John Costain has been named as the new CEO and CFO of NYSE-listed Knot Offshore Partners, effective June 1. Outgoing…
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Offshore
Tug to assist stranded heavy lift ship off Orkney Isles
Athens: The Shetland Islands’ coastguard has dispatched a tug to assist a heavy lift ship stranded 160 miles off Scotland’s…
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Europe
Shell agrees £47bn deal to take over BG Group
London: Just hours after the two companies confirmed that talks were underway, an agreement has been announced for Shell to…
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Dry Cargo
Hellenic Carriers sells old handymax bulk carrier
London: London-listed Hellenic Carriers has sold a 20-year-old handymax bulk carrier to an unnamed buyer for $3.8m. Market sources say Greek…
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Europe
Fire in product tanker engine room extinguished
London: The mechanical failure of one of the ship’s engines has been cited as the reason for the outbreak of…
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Europe
Engine room fire on tanker at Liverpool
Liverpool: Merseyside Fire and Rescue Services has said that firefighters are tackling a fire in the engine room of tanker…
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