New generation takes the reins at Exmar
One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the
One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the
Spain’s bound4blue and Rotterdam-based Louis Dreyfus Company (LDC) announced December 19 that a commercial agreement for the manufacture and installation of four eSAILs on LDC’s chartered juice vessel, M/V Atlantic Orchard, in
By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively
Ahead of a widely expected announcement from U. S. Secretary of Defense Lloyd J. Austin the Norwegian Government said today that the U.S. has taken the initiative to strengthen international efforts to
The Northern Lights JV, in which Equinor, Shell and TotalEnergies are equal partners, has awarded a time charter agreement to Bernhard Schulte that will see the construction of a fourth 7,500 cubic
Artificial Intelligence (AI) has the potential to cut huge amounts of emissions from shipping and the Norwegian Government’s Green Platform initiative has just awarded NOK 44 million (about $4.2 million) to a
Leading shipping analyst Peter Sand is warning that missile and drone attacks by the Houthis on merchant ships passing through the Red Sea and Gulf of Aden could throttle Suez Canal traffic,
The Maersk containership Maersk Hamburg has become the third ship in the past few days to be targeted by a Houthi missile attack. Multiple media sources, including the AP, identify the ship
Back in September 2022, Crowley was among the companies contributing to a funding round that raised $6 million for Los Angeles based onboard carbon capture and storage start-up Carbon Ridge Inc. Now,
The National Transportation Safety Board has released its report on a July 23, 2023 incident when a hoisting wire rope on one of the cranes on the cargo ship Thorco Basilisk failed