Category: Europe
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Costamare bulks up with triple purchase
Greek owner Costamare has continued its dry bulk fleet renewal, revealing a trio of purchases during the past quarter. The New York-listed company led by Konstantinos Konstantakopoulos has snapped up a pair of ultramaxes from German owner Oldendorff Carriers for an undisclosed price. Brokers have placed the en bloc deal at $50m. The 2014-built Alwine…
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RWE gets final clearance to build Denmark’s largest offshore wind farm
The Danish Energy Agency has granted German utility RWE the offshore construction permit for the Thor offshore wind farm, Denmark’s largest to date. RWE now has all permits in place to start offshore construction work in spring 2025. With a planned capacity of more than 1,000MW, Thor will be able to produce enough green electricity…
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Famous VLCC changes hands for an eighth time
A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year. Piraeus-based Cavalli Marine has bought the Chinese-built Yale from Turkey’s Varan Maritime and renamed the vessel Alter Ego. No price has been revealed with online portal VesselsValue suggesting the vintage tanker has…