Maritime & Merchant Bank opens its doors

Maritime & Merchant Bank ASA (M&M), a niche bank for the shipping and offshore sector, opened its doors for business in Oslo yesterday (Tuesday). “We are very pleased to be able to start serving our customers,” said M&M CEO Halvor Sveen. Mr Sveen extended his thanks to M&M’s stakeholders: “We are fortunate to have supportive […]

Telenor Maritime announces world’s first shipborne 4G network on one of its vessels

Telenor Maritime has a long-standing relation to Color Line and announces that the world first shipborne 4G network is operating on one of its ships, enabling passengers to enjoy 4G speeds while surfing on mobile phones, significantly enhancing the user experience. “The recently introduced connectivity platform is a major steppingstone for the ongoing digital transformation […]

Marex Spectron expands into ship broking

Marex Spectron, the global commodities broker, has announced the hires of Dave Cullen and Archie Chandler to the newly established clean petroleum broking desk. Both brokers will be based in London and report to Simen Ebbesen, Head of Physical Tankers.  The team will also work closely with Nils Arnesen, Head of Tanker Freight Derivatives, Cullen […]

Hill Dickinson further strengthens marine practice

International law firm Hill Dickinson has reached an agreement that will bring the shipping practice of Swinnerton Moore LLP to the firm. The agreement is expected to be finalised by the end of February and will see founding partners Tony Swinnerton and Lewis Moore join Hill Dickinson’s City of London office. Mr Swinnerton and Mr […]

Damen continues contact with Ivory Coast

Following the contract signing between Damen Shipyards Group and Société de Transport Lagunaire (STL) for 16 shallow-draught ferries for the Ivory Coast city of Abidjan, the two companies have announced a supplementary contract for eight Damen Pontoons 2404. STL will use the pontoons for vessel mooring and passenger transfer purposes. The eight 24-metre pontoons will […]

Optimistic charterers help boost shipping confidence to 15-month high

Shipping confidence improved for the third successive quarter in the three months to end-November 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. In November 2016, the average confidence level expressed by respondents was 5.6 out of 10, equalling the highest rating since August 2015. All main categories […]