United Kingdom
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Europe
Bibby Offshore financial restructuring sees noteholders take over
Bibby Offshore has reached agreement with noteholders on the recapitalisation of its balance sheet in a deal which will see…
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Europe
HMM denies Zodiac chartering deal
Hyundai Merchant Marine (HMM) from South Korea has denied it has sealed a deal to take five 11,000 teu boxship…
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Asia
Zodiac orders five 11,000 teu ships to go on charter to HMM
Zodiac Maritime has ordered five 11,000 teu ships for delivery in 2019. The scrubber-fitted vessels will go on time charter…
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Europe
ADES secures jackup contract from General Petroleum
UK drilling contractor ADES International Holding has been awarded a new contract by Egypt’s national oil company General Petroleum Company…
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Europe
London Club hit with $1bn Prestige fine
The London Steam-Ship Owners’ Mutual Insurance Association (The London Club) is urgently looking for clarification from the Spanish judicial system…
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Americas
Vantage Drilling and ADES form Egyptian joint venture
US offshore driller Vantage Drilling International and UK drilling and production firm ADES International Holding have formed a joint venture…
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Europe
Lomar vows to remove wrecked boxship off reef
The owners of the boxship, which has split in two on a reef off New Caledonia, have vowed to remove…
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Europe
Lomar’s grounded boxship splits in two off New Caledonia
Lomar Shipping’s brand new 2,194 teu Kea Trader boxship has split in two on a reef off New Caledonia. The…
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Europe
Malaviya Seven crew finally heading home
The last men onboard the detained OSV are heading home from Aberdeen to India after a buyer was found for…
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Europe
Craig exits shipowning with North Star Shipping sale
Aberdeen-based Craig Group has sold its North Star Shipping business to infrastructure equity investment fund Basalt Infrastructure Partners. North Star…
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Europe
Maersk Drilling awarded jackup contract by Nexen
Maersk Drilling has been awarded a contract by Nexen Petroleum for the drilling of three wells, with options for an…
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Americas
Petrobras recovers around $25m from Rolls-Royce, money related to bribery scandal
Brazil’s troubled state oil firm Petrobras, at the hub of a huge bribery scandal for several years, has recovered almost…
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Europe
Esvagt awarded Hornsea 1 contract by Dong
Danish offshore safety and supply specialist Esvagt has won a contact by Dong Energy for standby vessel at the Hornsea…
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Europe
V.Ships awarded management contract by Mingsheng Financial Leasing
V.Ships has been awarded its first technical shipmanagement contract in Shanghai’s Free Trade Zone. The world’s largest shipmanager has sealed…
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Europe
Average size of boxships and LNG carriers more than doubles over the past 20 years
The average size of containerships and LNG carriers has more than doubled over the past 20 years, according to data…
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Europe
Global Ship Lease fixes boxship to CMA CGM as OOCL deal expires
Global Ship Lease has sealed a new time charter with CMA CGM for 8,063 teu containership . The 2005-built will…
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Europe
ECDIS safety study launched
The UK’s Marine Accident Investigation Branch (MAIB) has started a safety study, in collaboration with the Danish Maritime Accident Investigation…
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Asia
Plight of Malaviya Seven crew continues as auctioneer withdraws ship from sale
A solitary lowball bid for a detained OSV in Aberdeen yesterday saw an auctioneer cancel the ship’s sale, in the…
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Europe
Subsea 7 ends Malaysian JV
Subsea 7 and Malaysia’s Sapura Energy have brought their joint venture, SapuraAcergy, to a close. SapuraAcergy’s heavylift and pipelay vessel …
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Europe
Wood awarded FEED contract for offshore gas platform
UK offshore engineering specialist Wood, formed by Wood Group’s acquisition of Amec Foster Wheeler, has secured a $12m front-end engineering…
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