Athens-headquartered Danaos Corporation (NYSE: DAC) reports that it has placed orders for four 7,200 TEU containerships. The vessels will be built at Daehan Shipbuilding in Korea and are expected to be delivered
Removal of cargo containers from the grounded containership Ever Forward got underway this past Saturday. The 1,095 feet long,12,118 TEU Evergreen Marine vessel has been bogged down in mud in Chesapeake Bay
Oslo-headquartered Yara Marine Technologies (YMT) will install U-type exhaust gas scrubbers on two new capesize bulk carriers set for delivery to Germany’s Oldendorff Carriers in 2022 and 2023. Torsten Barenthin, Oldendorff Carriers’
Issues related to hot work are the focus of the National Transportation Safety Board (NTSB) report on a February 2021 fire aboard a fish processing vessel docked for repair at a shipyard
Russian attacks on merchant shipping continue. According to Ukrainian sources, Russian forces last night shelled the icebreaker Kapitan Belousov (IMO 5181598) in the port of Mariupol, killing one person and injuring another.
The planned merger between tanker giants Euronav and Frontline might not go quite as easily as its architects might wish. Euronav’s largest shareholder, the Saverys family’s Compagnie Maritime Belge (CMB) is opposed
Chevron (NYSE: CVX) is to join the Singapore-based Global Center for Maritime Decarbonization (GCMD). Chevron says it aims to help support GCMD’s efforts to develop potentially scalable lower carbon technologies – including
Maritime medical services provider Vikand Solutions LLC and a number of other maritime stakeholders have launched the Seafarers’ Human Sustainability Declaration. The declaration aims to recognize and improve how the global maritime
A tanker mega merger is in the works. Frontline Ltd, (NYSE: FRO) and Euronav (NYSE: EURN) have signed a term sheet agreeing a potential stock-for-stock combination of the two companies. Based on
Marine Log (ML): Can you begin by describing what sustainability means to Foreship, both broadly and in the context of the maritime industry? Jan-Erik Räsänen (JER): There is a direct correlation between