
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
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
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
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,
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
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
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
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
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
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
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