Dutch shipbuilder Damen has decided to withdraw from a partnership it had with the Romanian government regarding the Mangalia shipyard. Damen said that the decision was motivated by the fact that the Romanian state no longer respects the agreement regarding the operational and managerial side of...
https://splash247.com/damen-exits-mangalia-shipyard-partnership/
New York-listed shuttle tanker player KNOT Offshore Partners has appointed Derek Lowe as its new chief executive officer. Lowe will take over from Gary Chapman, who is leaving the partnership to become Navigator Holding’s chief financial officer. Lowe will join the Aberdeen-based company from...
Shipowner tycoon turned media baron Rodolphe Saadé plans to launch a national Sunday newspaper later this year, according to local media reports in the latest instalment of how one of France’s richest men is spending the millions earned during liner shipping’s purple patch. Saadé, the head of CMA...
https://splash247.com/rodolphe-saade-readies-launch-of-national-newspaper/
Norway’s Golden Energy Offshore Services (GEOS) has struck a deal to buy five ships from Vroon Holding for $94m. The deal includes four unnamed platform supply vessels and one subsea support vessel, VOS Sugar, all built between 2015 and 2016. The SSV is a versatile multipurpose commissioning...
https://splash247.com/golden-energy-offshore-buys-five-vroon-ships-for-94m/
Russian product tanker has been damaged in a Ukrainian sea drone attack in the Kerch Strait near the bridge that connects the Russian mainland with the Crimean peninsula. The 141m-long 6,600 dwt ship, owned by St Petersburg-based Transpetrochart, received a hole in the engine room near the...
https://splash247.com/ukrainian-sea-drone-hits-sanctioned-russian-tanker-off-crimea/
Concordia Maritime’s fleet sellout continues, leaving the Stena-backed Swedish tanker player with one ship remaining. The Erik Lewenhaupt-led company has offloaded the 2011-built product tanker Stena Premium and the 2009-built Stena Progress to undisclosed buyers. No price has been revealed but the...
https://splash247.com/concordia-maritime-left-with-one-ship-following-latest-sales/
Norwegian car carrier player Höegh Autoliners has signed a five-year contract for the transport of cars from the US to the Middle East. The Oslo-based company did not reveal the name of the client but described it as a “major international car producer.” The financial details of the deal were not...
https://splash247.com/hoegh-autoliners-inks-five-year-us-middle-east-car-transport-deal/
Maersk became the latest carrier to post solid Q2 results today with an EBITA of close to $3bn with plenty of data suggesting liner fortunes are temporarily back on an upward trend. Maersk’s $2.9bn EBITA for Q2 saw the Danish carrier raise its full-year forecasts, while warning of a “weakened”...
Belgian tanker owner Euronav has clinched a new sustainability-linked loan to finance four newbuilds entering service this year. The $190.5m facility is intended for VLCC Clovis, and a trio of suezmaxes the Brugge, Brest and Bristol. The 299,158 dwt Clovis was delivered end-May and 156,851 dwt...
https://splash247.com/euronav-adds-190-5m-to-sustainability-linked-financing/
The UK Energy Security Secretary has made a £22m ($28m) increase in government backing for renewables – taking the total budget for the Contracts for Difference scheme to £227m. The scheme – launched in 2014 – is the government’s main system for supporting low-carbon electricity generation. Today’s...
https://splash247.com/uk-increases-renewables-backing-to-over-288m/