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Europe

Naples: The extensive repair work necessary to rectify damage related to the flooding of Emma Maersk's engine room will be undertaken at Fincantieri's repair yard in Palermo, Sicily.
VLCCs losing $20,000 a day going west and MR product carriers earning upwards of $20,000 a day on some routes - welcome to the topsy-turvey tanker market!
Oslo: The pure car and truck carrier Hoëgh Traveller has today been sold to Grieg Green for environmentally friendly recycling in China.
The Hague: Freight forwarder Damco has reported major growth over 2012, with an increase in net revenue of 19%, to $3272m from $2,752m in 2011.
Welcome to Seatrade Global. At Seatrade we spend a lot of time out in the market talking to our clients and contacts so we can deliver the events and editorial…
Copenhagen: AP Moller - Maersk Group today announced a 2012 profit of $4bn, fuelled by adjustments to the profitability of Maersk Line.
Oslo: Frontline today reported a $16.6m loss in the fourth quarter, bringing the year loss to $82.8m.
New York: Nasdaq- listed StealthGas Inc. released its fourth earnings today, announcing profits of $7.8m for the three-month period and $29m for the year.The quarter's earnings are a 77.3% increase…
Oslo: Oslo listed bulk carrier owner Golden Ocean has cancelled three more bulker orders at Jinhai Heavy Industry Co. (Jinhai) and is discussing expansion through the acquisition of secondhand tonnage and…
Piraeus: V.Ships has signed a crewing contract with UAE seismic vessel operator Polarcus.
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