EMEA News

RBS Looking to Offload its Entire $5 Billion Greek Ship Finance Portfolio

"This is a sad time for the ship finance industry," a source says.

13 Jul 2015

DFDS and Scottish Port Operator to Invest €6 million Into Scrubbers and Infrastructure

DFDS Seaways said that it would be installing scrubbers and implementing a fuel optimisation program aboard the Finlandia Seaways.

13 Jul 2015

Marseille Claims French First in Move for Shore Power

The Marseille Fos Port Authority are set to launch shore power for ships at birth in the port, a first for France and the Mediterranean.

13 Jul 2015

Vladivostok to Become a Free Port

Russian parliament has passed a bill to make Vladivostok a free port by 2016.

13 Jul 2015

Greek Debt Woes Push Rotterdam IFO380 Prices Under $300/mt

The product hit a 2015 low of $241.50 pmt on January 22.

9 Jul 2015

BAHRI Adds Five More VLCCs to its Order List

The deal comes in addition to a previous agreement announced in May for five VLCCs, bringing the total newbuild count to 10.

9 Jul 2015

First LNG Bunkering Operation at Eemshaven Port

Chemgas Shipping's vessel, Sefarina, on Monday received LNG, making it the first LNG bunkering operation at Groningen Seaports.

9 Jul 2015

Greek Financial Crisis: Capital Controls Leave Greek Shippers Struggling to Buy Bunkers

Up to a fifth of the country's shipping fleet is said to be stranded in domestic ports due to the country's debt crisis.

9 Jul 2015

Wärtsilä, MAN Diesel & Turbo and Winterthur Gas & Diesel to Lead Project for Ship Engine Efficiency

The Hercules-2 project aims to support more efficient and environmentally sustainable shipping.

8 Jul 2015

Geos Group Completes First Ex-Rack MGO Delivery in Aberdeen

A new environmentally friendly loading arm was reportedly installed.

8 Jul 2015

Gibraltar Government, LR Sign Agreement to Work on LNG Bunkering Facility

The are reportedly scoping requirements for an an independent safety report

8 Jul 2015

Analyst: Aegean Will Remain Strong Throughout Greek Debt Crisis

ANW is headquartered in Athens, Greece "but has been smart enough to have few connections to Greek banks," says investor.

8 Jul 2015

Gulf Petrochem Makes African Acquisition

Essar Petroleum East Africa Ltd will be renamed to ASPAM Energy (Kenya) Ltd.

8 Jul 2015

Russian LNG Bunkering Vessels to Benefit from French Technology

Membrane containments systems may also be used in new Russians LNG plant.

8 Jul 2015

UK Royal Navy Reduces Fuel Usage 31%

The drop reportedly occurred between 2010 and 2014.

7 Jul 2015

OW Bunker Collapse Boosts Bunker Holding Profits, Helps Group to Record Result

OW Bunker's exit created new market opportunities and left good talent.

6 Jul 2015

Port of Gothenburg Begins LNG Bunkering

The implementation of bunkering services coincides with new general LNG regulations developed for Sweden.

6 Jul 2015

Iran: $500 Million Earmarked for Bunkering Infrastructure Investment

Iran says it has plans to put forward significant investment into the development of bunkering infrastructure in the Persian Gulf.

6 Jul 2015

Iran Fuel Oil Deal with Turkish Company "Expected Soon"

Talks are reportedly being held with an unnamed "serious new" Turkish company, according to Iranian media.

6 Jul 2015

Statoil and Lietuvos Energija to Develop LNG Supply Business for Baltic Sea

Norway's Statoil and Lithuania's Lietuvos Energija are planning to work together to develop a small-scale LNG supply operation from the Klaipeda terminal.

3 Jul 2015