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Pilot project in the Baltic Sea
 In 2009, the EU Commission plans to establish a project with a value of EUR 2 million with the intention to “Cut sulphur emissions and nitrogen oxides in the Baltic Read more
Published: 02.07.09 14.05
 GC Rieber cancels newbuilding
Norwegian GC Rieber Shipping cancels an offshore vessel, newbuilding nr. 7037, due to delays. The vessel was ordered in May 2008 by Polar Marine I Pte Ltd, a 51/49 Read more
Published: 02.07.09 12.02
Eimskip is taken over by creditors
The struggling Icelandic shipping company Eimskip has launched a financial re-organisation plan. The plan proposes to create a new and strong shipping and logistics business and to leave the Read more
Published: 02.07.09 10.40
Eitzen gets loan respite
The Norwegian shipping company Camillo Eitzen & Co has been allowed respite for its loans at several banks. The banks will, among other things, alleviate the loan conditions until October 1 Read more
Published: 02.07.09 09.43
It's estimated that 250,000 seabirds died. Photo: Exxon Valdez Oil Spill Trustee CouncilExxon to pay Valdez oil spill interest
Exxon Mobil Corporation will within two days pay USD 470 million in court-ordered interest on the punitive award for the 1989 Exxon Valdez oil spill, international media reports. In Read more
Published: 02.07.09 08.39
94 container carriers scrapped this year
94 container carriers, totalling 184,700 TEUs, have been sold for scrapping in the first six months of 2009, according to AXS-Alphaliner, the Paris-based consultancy. The 184,700 TEU volume Read more
Published: 02.07.09 08.39
The Mærsk Transporter. Photo: Bent MikkelsenAnother T-class unit to Maersk Supply
Maersk Supply Service A/S has taken delivery of the Mærsk Transporter, the seventh unit in a series of ten anchor handling supply ships from the Norwegian shipbuilder STX Norway Read more
Published: 02.07.09 08.38
Pål Engebretsen. Photo: Bergen GroupPål Engebretsen appointed CEO
Pål Engebretsen has been appointed as CEO of Bergen Group on a permanent basis when the current temporary appointment expires in September 2009. Pål Engebretsen was appointed CEO of Bergen Read more
Published: 02.07.09 08.38
Siem raises NOK 900 million
Norwegian Siem Offshore has raised NOK 900 million in a private placement directed at professional Norwegian and international investors. Around 105,9 million new shares will be issued in relation to Read more
Published: 02.07.09 08.38
Cruise liner in Baltic hit by swine flu
Several cases of the swine flu H1N1 were discovered on the cruise liner Emeral Princess when she called at Helsinki last Sunday – 13 crew members and one passenger were confirmed Read more
Published: 02.07.09 08.38
The report from Moore Stephens gives a gleam of hope. Photo: Fredrik DavidssonShipping confidence slightly up
Overall confidence levels in the shipping industry have shown a slight improvement over the past three months – up from 5.4 in the previous survey in February to 5.5 Read more
Published: 30.06.09 14.47
Scan Geophysical files for bankruptcy
The Norwegian seismic company Scan Geophysical has filed for bankruptcy after its financial restructuring failed. The parties concerned negotiated for several weeks but the negotiations came to a deadlock as Read more
Published: 30.06.09 14.28
Dof cancels ROV vessel
The subsea service specialist Dof Subsea has cancelled one of three ROV vessels (Remote Operated Vehicle) under construction at Tebma Shipyard, India. The vessel’s price tag is USD 45–50 Read more
Published: 30.06.09 14.27
Rolls-Royce invests in Odim
Rolls-Royce has bought 33 per cent of the shares in the technology company Odim from Aker Solutions ASA for approximately NOK 700 million. The agreement is conditional on the Read more
Published: 30.06.09 14.27
Sovcomflot and Shell in LNG alliance
Shell and Russian Sovcomflot have signed a General Cooperation Agreement – the two companies will cooperate in potential LNG shipping projects in Russia, including the Arctic region. The agreement includes, among Read more
Published: 30.06.09 14.27
BW Gas sued the Norwegian state. Photo: BW GasOslo district court decides in favour of shipowners
Last Friday, the district court in Oslo found that BW Gas and Farstad Shipping were right when they claimed that the transition rule in the new system of taxation for Read more
Published: 30.06.09 14.26
New Coast Guard vessel to Göteborg on 7 July
The Swedish Coast Guard's new combination vessel KBV1 Poseidon will call at Göteborg on 7 July. At present, the vessel is in Rotterdam for some supplementary work. The vessel was Read more
Published: 30.06.09 14.26
Last unit in Karelia series launched
On 26 June, Onega Shipbuilding Yard launched the last vessel in a series ordered by White Sea and Onega Shipping Company. The twelfth vessel in the Karelia series was named Read more
Published: 30.06.09 14.26
Correction!
Yesterday’s Shipgaz newsletter contained a post regarding Navios, but a mistake slipped into the text. The correct version is: The shipping company Golden Ocean has sold 3.8 million shares Read more
Published: 26.06.09 15.17
Sea Power, one of the installation vessels in the A2SEA-fleet. Photo: Bent MikkelsenDONG Energy buys A2SEA
The state-owned Danish energy company DONG Energy, originally Dansk Olie & Naturgas, has purchased the installation company A2SEA A/S for DKK 700 million. A2SEA will continue to be one Read more
Published: 26.06.09 15.17
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