United Kingdom
- Offshore
Valaris secures support for restructuring
Offshore driller Valaris has the support of over 70% of senior noteholders for it restructuring support agreement (RSA) and backstop commitment…
Read More » - Tech
Windward’s new AI offering aims to root out ‘questionable business partners’
Shipping is often lambasted for its shady practices and lack of transparency. It’s an issue the shipping industry has long…
Read More » - Offshore
Noble Corporation jackup awarded new contracts by Equinor
Offshore driller Noble Corporation has been awarded a new contract as well as two extensions according to its latest fleet…
Read More » - Offshore
Dana Petroleum appoints new CEO
Aberdeen-headquartered E&P company Dana Petroleum has appointed Jongwoo Kim as its new chief executive officer. Kim joins from Dana’s owner…
Read More » - Maritime CEO
H&W Group: Reviving British shipbuilding
On Tuesday the British prime minister, Boris Johnson, headed to Devon in the southwest of the country to visit a…
Read More » - Dry Cargo
Zodiac Maritime makes its first ship purchase of the year
Eyal Ofer’s Zodiac Maritime is understood to have made its first purchase of the year, paying Nissen Kaiun $25m for…
Read More » - Shipyards
InfraStrata acquires Appledore Shipyard to add to H&W brand
Following last year’s acquisition of Harland & Wolff (H&W), UK infrastructure investment company InfraStrata has acquired all the assets of…
Read More » - Containers
London tipped to land ZIM IPO
Israeli container shipping company ZIM is considering an overseas initial public offering, Israeli news website Globes reported yesterday. The carrier…
Read More » - Offshore
Valaris files for chapter 11 as part of financial restructuring
Offshore driller Valaris has entered into a binding restructuring support agreement (RSA) and backstop commitment agreement (BCA) with around 50%…
Read More » - Dry Cargo
Ocean Agencies orders ultramax pair at New Dayang
Ocean Agencies, a low profile Ukrainian shipowner based in London, has placed an order at China’s New Dayang Shipbuilding for the…
Read More » - Regulatory
London continues to dominate maritime arbitration market
Research by law firm HFW has found that London continues to dominate the market for international maritime arbitration, accounting for…
Read More » - Containers
Borealis offloads feeder boxship
Christoph Toepfer-led Borealis Maritime has announced the sale of 2005-built 2,702 teu sub-panamax containership . Borealis sold the vessel for…
Read More » - Containers
Global Ship Lease secures multiple charter contracts, disposes of feeder pair
London-based containership owner Global Ship Lease (GSL) has secured a series of charter extensions and new charters, while also disposing…
Read More » - Offshore
Noble Corporation awarded another drillship contract by ExxonMobil
Offshore driller Noble Corporation has been awarded a new contract by ExxonMobil for drillship . The six-month contract is for…
Read More » - Gas
Shell signs charters for six newbuild LNG carriers
Shell has entered into separate agreements with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by JP…
Read More » - Offshore
Noble Corporation files for Chapter 11 as part of restructuring
Offshore driller Noble Corporation has sealed a restructuring support agreement with two groups of its largest holders of outstanding bond…
Read More » - Dry Cargo
Borealis confirms panamax bulker sale
Christoph Toepfer-led Borealis Finance has announced the sale of 2008-built panamax bulker Paganini for $8.15m. Splash column Weekly Broker reported…
Read More » - Europe
Lomar’s CEO dies, aged 56
Achim Boehme, the CEO of Lomar Shipping, died from cancer over the weekend, aged 56, at his home in Bremen.…
Read More » - Operations
Johan Gustafsson joins Ocean Technologies Group
Johan Gustafsson has joined fast growing maritime training firm Ocean Technologies Group as chief revenue officer. Gustafsson, 47, joins from Wallem…
Read More » - Environment
LNG retrofits touted as way to meet IMO 2030 targets
Newport Shipping, a UK-based ship repair coordinator, is touting LNG conversions as a new angle for business in the post-scrubber…
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