VIDEO: NorthStandard P&I merger set to trigger
The merger of two major players in the marine mutual insurance market — North P&I and Standard Club — is set to come into effect on February 20, establishing NorthStandard as one
Legal
Russia sanctions: Two indicted, one arrested, in Tango yacht case
Back in April last year, U.S. and Spanish authorities seized the $90 million yacht Tango owned by sanctioned Russian oligarch Viktor Vekselberg. On Friday, indictments were unsealed in the U.S. District Court
Defendants in M/V Joanna bulker pollution case fined $2 million
The U.S. Attorney’s Office for the Eastern District of Louisiana reports that Empire Bulkers Limited and Joanna Maritime Limited, two related companies based in Greece, were sentenced today for committing knowing and
Op-Ed: The talk of 2022 becomes the reality of 2023
By Fabian Feldhaus, Co-Founder & Managing Director of Flagship Founders Fabian Feldhaus is managing director & co-founder of Hamburg, Germany-based Flagship Founders GmbH, whose team of entrepreneurs, investors and shipping experts supports
Euronav seeks arbitration on Frontline merger walk away
The drama following the collapse of the planned tanker mega merger of Euronav and John Fredriksen’s Frontline continues. On Monday, the Saverys family demanded that Euronav call a special general meeting with
1,000 ships affected by cyberattack on DNV ShipManager
In an update on its earlier announcement, classification society DNV has revealed that the cyberattack that hit its ShipManager fleet management software on the evening of Saturday, January 7 was a ransomware
U.K. pilot dies in Humber Estuary incident
Another fatality has underscored the risks inherent in the pilotage profession. The U.K. Maritime Pilots’ Association (UKMPA) reports that Francesco Galia, a highly experienced U.K. maritime pilot, died while transferring from a
BOEM moves to update offshore wind development regs
The Department of the Interior today announced that the Bureau of Ocean Energy Management (BOEM) will publish a proposed rule to update regulations for offshore wind development on the U.S. Outer Continental
Norvic Shipping charters in newbuild ultramax
Dry bulk operator Norvic Shipping has entered a long-term period-charter for a newbuild 64,000 dwt ultramax. The charter deal was signed in Norvic’s New York City office with Japanese shipowner Fujimaru Kaiun,
NTSB reports on collision that saw tanker sink after being struck by super yacht
The National Transportation Safety Board (NTSB) has issued its report on the December 23, 2021, incident in which the 750 dwt Belize-flagged product tanker Tropic Breeze, was struck by the 2018-built super