Saverys family wants to boot Euronav board

Frontline pulls out of Euronav acquisition

The wedding is off. John Fredriksen controlled tanker giant Frontline plc is no longer to pursue the tanker mega merger with Antwerp-headquartered Euronav NV first announced back in April last year. The

FMC Chairman Maffei comments on FMC civil penalties

Shipping interests and FMC in ding dong over proposed rulemaking

On October 14, 2022, the Federal Maritime Commission (FMC) issued a notice of proposed rulemaking (NPR) on detention and demurrage billing requirements. Industry interests didn’t like it, saying that it had aspects

Clarksons CEO Andi Case

Clarksons 2022 profit set to beat expectations

In a brief regulatory filing today, London-based shipbroking giant Clarksons announced that, following strong trading throughout the final quarter, particularly from its broking division, results for the year ending December 31, 2022,

DNV and Responsible Shipping Inititative representatives

Baltic and North Sea green fleet renewal study launches

An alliance of Swedish dry bulk charterers called the Responsible Shipping Initiative has teamed with DNV to launch a feasibility study aimed at developing a commercial framework for orders of green-fueled newbuilds

Michael Breslin

Op-Ed: The towing industry is green and getting greener

By Mike Breslin, Director – Safety and Sustainability, The American Waterways Operators  America’s waterways have been called a natural superhighway system for the remarkable way our interconnected network of rivers and coastlines facilitates

LNG carrier

Dynagas LNG Partners ice class LNG carrier awarded new Equinor time charter

Athens headquartered Dynagas LNG Partners LP (NYSE: DLNG) reports that it has entered into a new time charter party agreement with Equinor ASA for the employment of the 2013 built ice class

LNG carrier in Seapeak Livery

Seapeak completes $700 million Evergas acquisition

Hamilton, Bermuda, headquartered Seapeak LLC reports that it has completed the previously announced acquisition of Greenship Gas Trust and Greenship Gas Manager Pte. Ltd. and their subsidiaries (collectively, Evergas) from Jaccar Holdings

NTSB report report implicates cell phone use

NTSB: PLBs improve the chance of rescue at sea

In the latest NTSB Safety Compass Blog, Morgan Turrell, director of the Office of Marine Safety, at the National Transportation Board, makes a plea for maritime operators to make it their new

ITF is working to help crew of Yangtze Fortune

Livestock carrier to be auctioned, but stranded crew have yet to receive wages

The International Transport Workers’ Federation (ITF) reports that a Liberian-flagged livestock carrier, the Yangtze Fortune, has been arrested in Portland, Victoria, Australia, by the Australian Federal Court. In the meantime, the Australian

CII letter to BIMCO was addressed to Sabrina Chao

Charterers to BIMCO: CII clause won’t work

Some of the biggest charterers of ships, most of whom also own ships, have sharply criticized BIMCO’s Carbon Intensity Indicator (CII) operations clause. BIMCO’s standardized charters and clauses are one of the

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