The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle,
When Leonard Glenn Francis, the man at the center of the “Fat Leonard” bribery case that rocked the Navy, last surfaced in public, it was back in September 2022 when he was
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is looking to get into the growing carbon storage and transport business, including operating liquefied CO2 carriers, and it’s taking its first steps right
Cruising has come a long way since the dark days of the COVID shut-down when much loved veteran cruise ships were being beached for scrapping. Evidence of the industry bounce back came
Supply chain disruptions as a result of Houthi attacks on merchant ships in the Red Sea are only likely to increase. A growing number of ship operators have themselves decided to suspend
Shipping’s customers, including auto manufacturers, are looking to wring carbon out of their supply chains. Leading car carrier operator, Oslo-headquartered Höegh Autoliners has plans for its next-generation of ships to operate on
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is joining the growing number of shipowners worldwide rolling out SpaceX’s Starlink satellite internet service fleetwide. OSG says its decision marks a pioneering moment
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