Tanker giants Frontline and Euronav to merge
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
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
A large part of the world’s ship chartering and sale & purchase business is negotiated at some stage by members of the London-based Baltic Exchange, the world’s oldest shipping market. Today, the
Fort Lauderdale, Fla., headquartered salvage and response specialist Resolve Marine has appointed Joseph Farrell III as deputy CEO, a transition role to CEO, from his current position as director, business development. “I
In another example of an engine problem resulting in a big bill, the National Transportation Safety Board (NTSB) has issued its report on a March 15, 2021 incident in which the 115,406
Holland America Line’s cruise ship Volendam will be used to accommodate Ukrainian refugees as part of an agreement announced by Netherlands and city of Rotterdam government officials. The ship will dock in
Caterpillar Marine is investing in methanol-fueled engine technologies. It says the commitment supports the development of decarbonization efforts in the marine industry by offering cost effective methanol-powered solutions without sacrificing the value
A third attempt to refloat the grounded containership Ever Forward was made yesterday. It failed and the ship remains aground in Chesapeake Bay. Today, shipowner Evergreen Marine said that, “in light of
Adding to the growing threats to shipping following the Russian invasion of Ukraine, there are increasing reports of threats from sea mines. Initially, NATO warned of mine danger areas in the northwest
Yesterday’s attempt to refloat the giant containership Ever Forward using five tugs did not succeed. The 1,095 foot long, 12,118 TEU Evergreen Marine containership remains grounded in Chesapeake Bay. Cargo claims consultancy