Legal

Sabina Chao of Hong Kong's Wah Kwong Maritime Transport Holdings is new president of BIMCO

Sabrina Chao elected president of BIMCO

At its online general meeting today, BIMCO, the world’s largest shipping association, elected Sabrina Chao of Hong Kong headquartered Wah Kwong Maritime Transport Holdings Limited as its president. Chao takes over as

Frontline logo on stack

Frontline swoops on six VLCC newbuild resales

John Fredriksen controlled Frontline Ltd. (NYSE and OSE: FRO) reports that it has entered into an agreement for the resale acquisition of six latest-generation ECO-type VLCC newbuilding contracts. The six VLCCs are